Director, Asset Liability Management

United Community Bank; Greenville (SC); In loco; USD 120.000 - 180.000; Tempo pieno

Descrizione del lavoro

United Community Bank in Greenville, SC is seeking an experienced leader to manage Asset Liability Management and Interest Rate Risk, driving forecasting, reporting, and governance for FTP and treasury analytics.

The role partners with senior management and the Board to translate assumptions into EAR, EVE, duration and gap analyses, and to update market rates and pricing discussions; you will lead a team and support audits.

Competenze

• Bachelor's degree in finance, business, economics, or related field (Master's or professional certs preferred).
• Minimum 7 years in asset liability management, interest rate risk, treasury analytics, FTP, FP&A, funding & liquidity.
• Knowledge of balance sheet management, risk and capital management; strong analytical and communication skills.

Mansioni

• Identify, measure, monitor and control interest rate risk; provide recommendations and supporting information for senior management and Board.
• Support profitable balance sheet growth and pricing discussions; manage FTP and market rate updates.

Conoscenze

ALM

Interest rate risk

Forecasting

Microsoft Office

Data visualization

Empyrean

BancWare

QRM

Stakeholder influence

Communication

Formazione

Bachelor's degree in finance

Master's preferred

CFA/FRM preferred

Strumenti

Empyrean

BancWare

QRM

OneStream

Alteryx

Bloomberg

S&P Global Capital IQ

Curinos

SQL

Descrizione del lavoro

Overview

Responsible for identification, recommendation, implementation, and execution of various Asset Liability Management and Interest Rate Risk related efforts for the Bank’s balance sheet. These efforts include direction and oversight of key Treasury models, tools, processes, reporting, and governance for Interest Rate Risk and Treasury Analytics including Funds Transfer Pricing (FTP). Also responsible for documentation and support of reviews, audits, and validation of related functions or processes.

This position is responsible for net interest income and margin projections for the Bank, in partnership with other internal stakeholders. Effective communication of key assumptions, sensitives, and variance analysis for senior management and Board of Directors is required.

What You’ll Do

• Interest Rate Risk: Identify, measure, monitor, and control interest rate risk in ways that align with internal strategies and objectives. This specifically includes metrics such as earnings at risk (EAR), economic value of equity (EVE), effective duration, convexity, repricing and maturity gap analysis, etc. Provide recommendations and supporting information for key stakeholders including senior management, Board of Directors, and supervisory agencies.
• Profitable Growth: Identify and effectively communicate risks and opportunities using tools/reporting of key areas of focus such as new/renewed production to promote profitable growth. Provide thought leadership on balance sheet management strategy over multiple forecast horizons and scenarios. Responsible for funds transfer pricing assignment, updating market rates, and related discussions throughout the Bank.
• Governance: Enhance enterprise-wide governance of interest rate risk efforts through effective use of reporting, tools, and council/committee meetings. Partner with other areas to support sustainable and repeatable processes for key functions including internal forecasting, pricing, capital, and liquidity. Responsible as primary support for audits, reviews, and validations related to key functions or processes under this position’s responsibility.
• Risk Management: Identify, measure, monitor, and control the risks associated with current and potential balance sheet management efforts, with priority on interest rate risk. Includes creation and maintenance of documentation such as charters and policies that relate to key functions or processes under this position’s responsibilities.
• Leadership and Team Development: Lead and develop team with a focus on continuous improvement of individuals and processes. Serve as chair and/or key stakeholder of various governing councils and committees, with active participation and thought leadership.
• Compliance Training: Participate in all required compliance training, including Bank Secrecy Act/anti-money laundering training, as well as internal and external training programs, online training, meetings, and seminars/conferences, etc.
• Other Duties: This job description is not designed to cover or contain a comprehensive list of activities, duties, or responsibilities that are required of the employee. Other duties, responsibilities, and activities may change or be assigned at any time with or without notice.

Requirements For Success

Education:

• Bachelor's degree in finance, business, economics, or a related field. An equivalent education experience can be substituted. Master's degree or professional certification (e.g., CFA, CPA, FRM) preferred.

Experience:

• Minimum of 7 years in a combination of related areas including asset liability management, interest rate risk management, Treasury analytics, funds transfer pricing, financial planning & analysis, and funding & liquidity.

Required Skills:

• Thorough understanding of balance sheet management for financial institutions, with an emphasis on asset liability and rate risk management.
• Working knowledge of funds transfer pricing, credit risk ratings, funding & liquidity, and capital management.
• Excellent analytical, quantitative, and problem-solving skills, with attention to detail and accuracy.
• Dynamic, analytical, entrepreneurial, creative, and able to multi-task under time constraints.
• Strong communication, presentation, and interpersonal skills, with the ability to influence and collaborate with key stakeholders including senior management.
• Highly motivated and focused on delivering concrete results.
• Must work well both independently and as part of a team.
• Advanced knowledge of Microsoft Office products and asset liability management tools such as Empyrean, BancWare, and/or QRM.

Preferred Skills:

• Advanced knowledge of systems including OneStream, Alteryx, Bloomberg, S&P Global Capital IQ Market Intelligence platform, and/or Curinos.
• Experience with data managing and data visualization tools such as Alteryx, Tableau, and Microsoft Power BI; SQL is a plus.
• Experience in database management.

Conditions of Employment

• Must be able to pass a criminal background and credit check

FLSA Status: Exempt

Supervisory Responsibility

This position manages key Treasury functions including Asset Liability Management, Interest Rate Risk, and Balance Sheet Management. Responsible for the coaching, development, and performance management of those employees.

Working Environment and Physical Demands

• This job operates in a professional office environment. The role routinely uses standard office equipment such as computers, phones, copy machines, and printers.
• Physical requirements: sedentary, climbing, standing, stooping, or typing.
• Position requires flexibility to work evenings and weekends, as needed.
• This position requires up to 10% travel.

Position Type

This is a full-time position.

Other

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state, or local protected class.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Pay Range

USD $0.00 - USD $0.00 /Yr.