Asset Liability Management Analyst

Polish & Slavic Federal Credit Union is committed to supporting our employees' overall wellbeing by providing valuable benefits. The credit union proudly offers a competitive benefits package, that includes: Medical, Vision and Dental Insurance, Retirement Plans, Life Insurance Plans, Tuition Reimbursement and Pet Insurance, among other benefits. We also have a generous Paid Time Off policy including Vacation, Personal and Sick Time, as well as, a Birthday Day off.
Core Responsibilities:

1. Perform, analyze, and report current interest rate risk results and compliance with policy guidelines, and provide key drivers for material changes in the credit union's risk profile.
2. Perform, analyze, and report various modeled scenarios testing the credit union's sensitivity to changes in market rates, account drivers, and/or balance sheet composition and determine its potential impact on capital, liquidity, and net income.
3. Analyze model inputs with expected outputs for accuracy and recommend improvements and updates as needed.
4. Perform statistical analyses projects, including but not limited to core deposit studies, asset prepayment behaviors, etc in support of Asset Liability Management and liquidity management.
5. Maintain documentation of model assumptions, model results, and other supporting documentation.
6. Assist the CFO with the coordination of external model validations.
7. Assist the CFO and Controller with monitoring the credit union's liquidity risk, including running multiple stress scenarios under different levels of severity, as well as the back-testing of forecasted results.
8. Assist the CFO and Controller with monitoring the credit union's concentration risk and testing those limits to ensure they are still appropriate.
9. Assist in the development and reporting of branch, product, and member profitability.
10. Coordinate training sessions for ALCO members.
11. Prepare presentations to the ALCO and Board of Directors as needed.
12. Stay abreast of regulatory, capital markets, and industry developments related to market and interest rate risk and modeling techniques.
13. Assist the CFO and Controller in establishing and maintaining Accounting/Finance policies and procedures.
14. Perform other duties and responsibilities as may be assigned.

Requirements:

• A bachelor's degree in accounting, Finance, Economics or a related field is required. A post graduate degree in a related field and/or professional certification is highly desirable.
• 3-5 years prior experience in Asset Liability Management including financial modeling, analysis, and forecasting, preferably in a financial institution.
• Possess advanced knowledge of financial risks including concepts to mitigate potential heightened exposures.
• Experience in the mathematical modeling of financial instruments.

• Strong analytical skills and the ability to interpret complex financial data.
• Highly organized, accurate, detail-oriented, and maintain the ability to work independently and deliver results within tight deadlines.

• Excellent written and verbal communication skills and the ability to work across multiple departments.
• Advanced computer skills and demonstrated working experience in the use of Microsoft Office products, including Excel, Word, Access, and PowerPoint.

AN EQUAL OPPORTUNITY EMPLOYER