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Director – Asset Liability Modeling – Alm
| Company | Webster Bank |
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| Location | New York, NY, USA |
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| Salary | $150000 – $170000 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Senior, Expert or higher |
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Requirements
- BA or BS degree in Business or Finance preferred.
- At least 7 years’ of total experience is required. Experience in financial services is preferred.
- Five (5) years of data analytics work experience including database management.
- Knowledge of bank products and ALM concepts.
- Working knowledge of financial systems used in Finance and Treasury group is a must.
- Advanced proficiency with standard analysis tools, data aggregation tools, database, and programming languages (Excel / Power BI / Access / SQL / Python / R)
- Coordinating multiple projects simultaneously.
Responsibilities
- Be an integral part of the Bank’s Asset Liability Modeling including, but not limited to, Net Interest Income and Economic Value of Equity simulations; Alternative run scenarios such as: yield curve movements, basis risk, and assumption sensitivity.
- Improve the monthly production and distribution of the Bank’s ALCO package.
- Work with team members, mentor, and develop ALM Analysts in advanced techniques.
- Provide subject matter expertise by designing and developing business information, analytics, and models related to the Asset Liability Management (ALM) model and deposit analytics.
- Partner with the treasury team to incorporate balance sheet and model assumptions for forecasting via the ALM model.
- Liaise with employees from finance, treasury, accounting, business, operations, and data teams to develop tools, methods, assumptions, analysis to support the ALM model.
- Manage the reporting process related to ALM models for use at various committees.
Preferred Qualifications
- BA or BS degree in Business or Finance preferred.
- Experience in financial services is preferred.
