Asset & Liability Management Analyst

Overview

Compensation: $73,000 - $117,000 based on experience and credentials

Location Type: Remote

Position Type: Full Time

The ALM Analyst executes Suncoast Credit Union’s asset-liability management model to support the management of regulatory deliverables such as Interest Rate Risk, Liquidity Risk, Balance Sheet Management Strategies, and Capital Stress Testing. This individual plays an integral role in the capital planning function, responsible for key inputs to support risk management and financial decision-making. Key responsibilities include the ongoing development, calibration, back-testing, and documentation of model assumptions. An ideal candidate has technical quantitative expertise with a strong working knowledge of a financial institution's balance sheet and business model.

Responsibilities

• Participate in Suncoast Credit Union’s ALM and capital stress testing modeling initiatives including interest rate risk, liquidity risk, and balance sheet optimization
• Gather and analyze asset liability data for a wide range of economic and defined scenarios
• Provide support and guidance for measuring, monitoring, and managing interest rate risk, liquidity risk, and balance sheet optimization
• Prioritize the accuracy and integrity of data incorporated into ALM and capital stress testing activities to support a comprehensive internal controls environment
• Develop, calibrate, test, and document model assumptions including loan prepayment speeds, deposit decay, and betas
• Manage and evaluate modeling balance sheet, net interest income (NII), economic value (NEV), and expected credit loss (ECL) simulations across multiple scenarios.
• Deliver actionable insights to Suncoast’s senior management team
• Support finance, risk management, internal audit, business leads, and examiners for ALM and stress testing discussions or analyses
• Collaborate with internal and external stakeholders including senior leaders from Finance, Risk, Member Solutions, Data Analytics, Internal Audit, and NCUA Examiners
• Analyze, interpret, and communicate detailed quantitative results and analyses to senior management
• Support the proactive management of Suncoast’s capital goals utilizing statistical and other quantitative methods to deliver actionable insights
• Lead the analysis and interpretation of results, incorporating feedback into models and metrics
• Maintain knowledge and understanding of current trends, laws, and issues affecting the area of expertise
• Attend educational events to increase professional knowledge
  
  

Qualifications

• Bachelor’s degree in economics, finance, or a related field (A comparable combination of work experience and training may be substituted for education requirements)
• 3+ years of experience performing Asset-Liability Management analysis, preferably using financial models
• Experience measuring, monitoring, and managing interest rate risk, credit risk, liquidity risk, and balance sheet strategies
• Proficient knowledge of the financial services sector
• Proficient knowledge of consumer credit products and financial markets at financial institutions
• Proficient knowledge of bank stress testing principles
• Experience with the U.S. Basel Rules is strongly preferred
• Experience with CCAR/DFAST/ICAAP stress testing and CECL/IFRS9 preferred
• Programming skills in Python, R, or other object-oriented languages preferred
• Ability to prioritize tasks by effectively managing competing and changing priorities to meet deadlines
• Accurate, detail-oriented, and organized with task management
• Ability to analyze and resolve difficult and complex problems
• Strong written, verbal, and interpersonal communication skills to interact effectively with members, staff, vendors, and government regulator
• Ability to influence others regarding policies, practices, and procedures
  
  

Skills

• Analytics
  
  

Benefits

• Financial Well-Being: Bonus Program up to 9%, 401K Matching up to 8%, Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
• Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000+ Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
• Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
• Community Involvement: Paid Volunteer Hours
• Growth: Degree Assistance up to $5,000 per year
• Flexibility: Remote, Hybrid, and Onsite Schedules
• Security: Pet Insurance, Free Identity Theft Protection, Legal Assistance
  
  

For more information, including additional benefits, please visit our benefits website at https://careers.suncoastcreditunion.com/benefits

Company Overview

Suncoast Credit Union is consistently chosen as a Tampa Bay Times Top Workplace because its employees genuinely #LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community. Chartered in 1934, Suncoast has never furloughed any employees.

For more information, please visit our careers site at https://careers.suncoastcreditunion.com/