ALM Analyst II
- $31 - $51
- Lakewood, CA
ALM Analyst need for well-established California bank that has been in operation for over 100 years
A bit about us:
ALM Analyst need for well-established California bank that has been in operation for over 100 years
Why join us?
- Leverage the latest Network technologies
- Strong benefits (M,D,V, and 401k)
- Profit sharing contribution
- Flexible work environment
- Extra paycheck at Christmas
Job Details
The Asset Liability Management (ALM) Analyst 2 leads in the preparation and analysis of Interest Rate Risk and Liquidity Stress Testing. This position leads to the processing of results and the preparation of detailed reports for Senior Management, the ALM Council, and the Asset Liability Management Committee. The ALM Analyst 2 is a key contributor to the development and refinement of modeling techniques, stress testing of assumptions, and back testing of results. This position collaborates with other team members to obtain, maintain, and develop the data needed for models and ensures the timely production of standard management reports. The ALM Analyst 2 performs data validation tasks to ensure data accuracy and integrity.
Required Knowledge
· Bachelor’s degree in Finance, Economics, or related areas (e.g., Mathematics, Data Analytics, Accounting); or 4 years of relevant experience may be substituted in lieu of degree (in addition to the required related model experience).
· 3-4 years of experience is required including using an Interest Rate Risk/Asset Liability Management model.
· MUST HAVE experience with Interest Rate Risk
· Advanced skills with MS Office, Excel in particular, but include Power Point and Word.
· Intermediate level skill with query report writers, such as Cognos.
· Comprehensive knowledge of banking products such as loans and deposits.
· Understands profitability, breakeven point, and other common financial measurements.
Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.
Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.