ALM Analyst (Asset Liability Analyst)

ALM Analyst (Asset Liability Analyst) The pay range for this position is listed below. Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for room for growth and tenure achieved in a role over time. Typical new hire salary offers fall within the minimum to midpoint of a pay range for many candidates. Any offer extended to a candidate will be based upon their unique set of knowledge, skills, education, and experience as well as internal equity. Pay Range: $78,419.00 - $117,628.00 Scheduled Weekly Hours: 40 What You'll Be Doing The Asset Liability Management (ALM) Analyst supports the Credit Union's asset/liability management, liquidity risk management, and capital planning functions through financial analysis, forecasting, and reporting. Working under the guidance of senior teammembers, the analyst assists in the development and maintenance of balance sheet, net interest income (NII), net economic value (NEV), and liquidity forecasts used to assess the impact of changing economic conditions on the Credit Union's financial position. This role is responsible for gathering and validating data, supporting risk analyses, preparing management reporting, and collaborating with teammembers to provide meaningful insights that support balance sheet management and strategic decision-making while building expertise in asset/liability management and financial risk management practices. 3131 Assists in monitoring and reporting interest rate risk and liquidity risk exposure using Asset/Liability Management ("ALM") software under established scenarios and assumptions. 3131 Reviews reports and performs analysis to help identify key drivers and support the validation of results. 3131 Assists with running simulations and generating reports on balance sheet and various interest rate risk metrics. 3131 Supports the maintenance of input assumptions used in ALM models, including prepayment speeds, deposit decay rates, and deposit betas. 3131 Obtains, organizes and maintains data used in the ALM software's monthly processes and assist with data reconciliation. 3131 Maintains ALM model account attributes and other mo[SK1.1]del inputs under established procedures. 3131 Supports budget and forecast processes by assisting with cash flow model execution and report preparation. 3131 Works closely with teammembers to support ALM analyses, reporting requirements and departmental objectives. 3131 Assists in the monitoring and analysis of liquidity positions, funding sources, and cash flow trends to support the Credit Union's liquidity risk management framework. 3131 Supports the preparation of liquidity forecasts, stress-testing analyses, and management reports used to evaluate funding adequacy under a range of operating and economic scenarios. 3131 Demonstrates a basic understanding of economic conditions, interest rate movements and their impact on financial institution balance sheets and profitability. 3131 Performs routine data mining, analysis, and reporting assignments as assigned. Additional Job Functions 3131 Performs other duties as assigned 3131 Complies with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties. Failure to do so may result in disciplinary and other employment related actions. Qualifications 3131 High School Diploma or GED required 3131 Bachelor's Degree in a related field or equivalent years of experience required 3131 1-3 years of prior relevant experience required Knowledge, Skills, and Abilities 3131 Knowledge of the following financial systems preferred: FIS BancWare, Empyrean and/or Moody's ZM desk or Online ALM 3131 Basic understanding of financial principles and asset liability management (ALM) 3131 Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) 3131 Strong analytical and problem-solving abilities, effective communication skills, and willingness to learn and adapt to new financial systems 3131 Familiarity with data mining and data management concepts, with the ability to write and maintain basic SQL and Snowflake queries