Asset Liability Management (ALM) Analyst

Hancock Whitney Corp.; New Orleans (LA); On-site; USD 70,000 - 100,000; Full time

Job summary

Hancock Whitney Corp. is seeking a risk management professional to support measurement, monitoring, and management of interest rate risk, liquidity risk, and balance sheet integration through quantitative analysis of data.

The role involves data gathering, model calibration, use of the Empyrean Model, and preparing reports for Senior Management and the Board Risk Committee, with participation in ALCO sub-committees and STRESSCO meetings.

Qualifications

• Bachelor’s degree in Mathematics, Statistics, Business, Accounting, or Finance.
• 1–3 years’ experience analyzing large, complex time-series data (Asset/Liability management).
• Experience operating vendor financial/risk models and quantitative analysis.
• Proficiency in Microsoft Office (Word, Excel, Access, PowerPoint, SharePoint).

Responsibilities

• Gathers and analyzes data on assets and liabilities under various scenarios.
• Develops/calibrates modeling assumptions for Interest Rate Risk, Liquidity Risk, and Capital Stress Testing.
• Operates and supports the Empyrean Model.
• Prepares analyses and reports for Senior Management and the Board Risk Committee.
• Participates in ALCO sub-committees and STRESSCO meetings as requested.
• Performs other duties as assigned by Senior Management.

Skills

Data analysis

Quantitative analysis

Microsoft Office

Risk modeling

Banking knowledge

Education

Bachelor’s degree in Mathematics, Statistics, Business, Accounting or Finance

Tools

Empyrean Model

Job description

JOB FUNCTION / SUMMARY:

As a risk management professional, the incumbent provides support and advice in measuring, monitoring, and managing interest rate risk, liquidity risk, and balance sheet integration by providing effective quantitative analysis of proprietary and national data.

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Gathers and analyzes data regarding the organization’s assets and liabilities in a wide range of economic and management defined scenarios.


• Develops new assumptions and on an on-going basis recalibrate modeling assumptions that will be used to model: Interest Rate Risk, Liquidity Risk, Balance Sheet Management, and Capital Stress Testing.


• Learns to operate and support the Empyrean Model.


• The Empyrean Model is a vendor model used to model Interest Rate Risk, Liquidity Risk, Balance Sheet Management Strategies, and Capital Stress Testing.


• Prepares analysis and reports for Senior Management and the Board Risk Committee.


• Participates as a member of various management sub-committees of ALCO: Interest Rate Risk, Funding and Liquidity, Deposit Pricing, and Loan Pricing.


• Additionally, attends STRESSCO (Capital Stress Testing Committee) meetings as requested.


• Performs other duties and special projects as assigned by Senior Management.


• Incumbent is required to comply with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act.

SUPERVISORY RESPONSIBILITIES:

None

MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE:

• Requires a bachelor’s degree in Mathematics, Statistics, Business, Accounting, Finance or other related fields 1-3 years of experience performing analysis of large, complex time-series of data, preferably in Asset/Liability management.


• Experience operating vendor financial/risk models and quantitative analysis preferred


• An equivalent combination of education, training, and experience may be considered


• Basic understanding of banking, financial services, or investment industry


• Experienced level understanding of Accounting principles (Balance sheet and income statement composition)


• Basic understanding of analytical techniques used with large, complex time-series of data


• Experienced level understanding of financial risk models and quantitative analysis


• Experienced level of proficiency in Microsoft Office products including, Word, Excel, Access, PowerPoint, and SharePoint

ESSENTIAL MENTAL & PHYSICAL REQUIREMENTS:

Ability to lift/move/carry approximately 25 pounds if required to perform the essential job functions.
If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an “undue hardship” then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

Equal Opportunity/Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or history of disability, genetic information, status as a protected veteran, disabled veteran, or other protected characteristics as required by federal, state and local laws.

When you choose a career with Hancock Whitney (Nasdaq: HWC), we pledge a heartfelt promise: You can grow. You have a voice. You are important. You also share in a rich regional heritage and embrace core values—timeless ideals vital to our culture since the 1800s—that inspire how we serve clients, communities, and each other: Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility. A fast-growing organization consistently rated among America’s strongest, safest financial services institutions, our company is based in Gulfport, Mississippi. Our bank and subsidiaries provide contemporary, comprehensive consumer, commercial, and wealth financial products and services at regional headquarters and 200-plus financial centers across a vibrant Southeast corridor including Alabama, Florida, Louisiana, Mississippi, Tennessee, and Texas. Each day, our nearly 4,000 associates carry on a mission to help people achieve their financial goals and dreams. We come to work to create opportunities for the people we serve in the communities we call home. Together, we continue building a company solidly focused on being better, going beyond, and doing more to secure success for the people and businesses depending on us. Let our legacy lead to your future.

Learn more at hancockwhitney.com/ourstory