Asset Liability Analyst II

SchoolsFirst Federal Credit Union; Aliso Viejo (CA); Hybrid; USD 88,221 - 132,331; Full time

Benefits offered by this job

Hybrid work options

Job summary

SchoolsFirst Federal Credit Union is seeking an Asset Liability Analyst II to support balance sheet forecasting, NEV and NII analysis, and capital planning. You will assist with ALM models, data management, and results interpretation for senior management, while collaborating with the team to refine modeling techniques and ensure data accuracy.

The role requires a solid grounding in financial principles, experience with ALM tools, and strong communication skills to convey findings across the

Qualifications

• Strong analytical and problem‑solving skills.
• Proficiency in Microsoft Office Suite and financial modeling/analysis.
• Experience with data management and SQL coding.

Responsibilities

• Assist in balance sheet, NEV, and NII forecasts under various scenarios.
• Prepare detailed reports for senior management.
• Develop and refine ALM modeling techniques for capital planning and stress testing.
• Maintain data for ALM models and perform data validation.
• Collaborate with senior analysts to align ALM strategies with business goals.

Skills

Analytical thinking

Communication skills

SQL coding

Data mining

Education

High School Diploma or GED

Bachelor’s Degree in a related field

Tools

Bancware

ZM Desk

Excel

Job description

We’re always looking for diverse, talented, service‑oriented people to join our exceptional team.

Position: Asset Liability Analyst II

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.
• Monitor, analyze, and report interest rate risk exposure using Asset/Liability Management (ALM) software through intermediate scenario analysis and stress testing.
• Verify the accuracy, reasonableness, and consistency of results by providing detailed analysis of key drivers.
• 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.
• Update and refine methods and analyses to derive input assumptions for ALM models, such as prepayment speeds, deposit decay rates, and deposit betas.
• Obtain and manage subsystem data for ALM software’s monthly processes and assist in data reconciliation.
• Maintain and update ALM model parameters and account attributes.
• Operate the cash flow engine for budget/reforecast processes.
• Perform data mining, analysis, and reporting tasks as assigned.
• Stay current with economic and fixed‑income market trends.

Additional Job Functions

• Perform other duties as assigned.
• Comply 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

• High School Diploma or GED required.
• Bachelor’s Degree in a related field or equivalent years of experience required.
• 3–5 years of prior relevant experience required.
• Solid understanding of financial principles and asset‑liability management (ALM) and working knowledge of financial systems such as Bancware or ZM Desk.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and intermediate proficiency in financial modeling and analysis.
• Strong analytical and problem‑solving skills as well as effective communication skills, both written and verbal.
• Proficient data management and data mining skills, particularly around SQL coding.

EEO and Diversity Statement

SchoolsFirst FCU is committed to diverse, equitable, and inclusive hiring. SchoolsFirst Federal Credit Union is a national certified Equal Employment Opportunity provider. We are an equal‑opportunity employer and prohibit discrimination based on protected veteran or disability status, race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, political affiliation, or genetic information. This organization participates in E‑Verify.

Location & Remote Options

Work location: 100% on‑site. Hybrid options: three days a week in the office and up to two days remote. Fully remote positions may be available for some roles.