Asset Liability Analyst II

SchoolsFirst Federal Credit Union

$88K — $132K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High School Diploma or GED required
  • Bachelor's Degree in a related field or equivalent experience
  • 3-5 years of relevant experience required
  • Understanding of financial principles and asset liability management (ALM)
  • Proficiency in Microsoft Office Suite and intermediate financial modeling skills

Responsibilities

  • Assist in analyzing balance sheet forecasts and net interest income under various scenarios
  • Support preparation of reports for senior management
  • Contribute to development of modeling techniques for capital planning
  • Perform data validation to ensure accuracy and integrity
  • Monitor interest rate risk exposure via ALM software and stress testing
  • Update and refine assumptions for ALM models
  • Manage subsystem data and assist with data reconciliation

Benefits

  • Comprehensive benefits package
  • Professional development opportunities
  • Collaboration with experienced analysts
  • Engagement in dynamic financial modeling practices
  • Supportive work environment that encourages growth
Full Job Description
Asset Liability Analyst II 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: $88,221.00 - $132,331.00 Scheduled Weekly Hours: 40 What You'll Be Doing Assist in the preparation and analysis of balance sheet, net economic value (NEV), and net interest income (NII) forecasts under various scenarios. Support the processing of results and preparation of detailed reports for senior management. Contribute to the development and refinement of modeling techniques for net interest income and balance sheet projections for capital planning and stress testing. Utilize intermediate data management techniques to obtain, maintain, and develop the data needed for the ALM model. Perform data validation tasks to ensure data accuracy and integrity. Collaborate with senior analysts and other teammembers to ensure alignment of ALM strategies with overall business objectives. Provide guidance and support to entry-level analysts as needed. 34; Monitor, analyze, and report interest rate risk exposure using Asset/Liability Management (ALM) software through intermediate scenario analysis and stress testing. 34; Verify the accuracy, reasonableness, and consistency of results by providing detailed analysis of key drivers. 34; Perform simulations under multiple scenarios to compute market value, effective duration, and other key metrics of interest-bearing accounts and instruments on the balance sheet. 34; Update and refine methods and analyses to derive input assumptions for ALM models, such as prepayment speeds, deposit decay rates, and deposit betas. 34; Obtain and manage subsystem data for ALM software's monthly processes and assist in data reconciliation. 34; Maintain and update ALM model parameters and account attributes. 34; Operate the cash flow engine for budget/reforecast processes. 34; Perform data mining, analysis, and reporting tasks as assigned. 34; Stay current with economic and fixed-income market trends. 34; Collaborate with senior analysts and other teammembers to ensure alignment of ALM strategies with overall business objectives. 34; Provide guidance and support to entry-level analysts as needed. Additional Job Functions 34; Performs other duties as assigned 34; 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 34; High School Diploma or GED required 34; Bachelor's Degree in a related field or equivalent years of experience required 34; 3-5 years of prior relevant experience required Knowledge, Skills, and Abilities 34; Solid understanding of financial principles and asset liability management (ALM) and working knowledge of financial systems such as Bancware or ZM Desk. 34; Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and intermediate proficiency in financial modeling and analysis. 34; Strong analytical and problem-solving skills as well as effective communication skills, both written and verbal. 34; Proficient data management and data mining skills, particularly around SQL coding.

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