Financial Analyst, ALM Strategy Group

ALM First Group; Dallas, Northern (TX, KY); Hybrid; USD 65,000 - 90,000; Full time

Job summary

ALM First Financial Advisors is seeking a candidate who will assist in producing and maintaining investment analytics for fixed income portfolio management. The role reports to the Director of the ALM Strategy Group and supports governance of analytics and reporting.

The position emphasizes data loading, calibration, and execution of rate and liquidity analytics with strong communication of findings to stakeholders.

Qualifications

• Bachelor’s degree in finance, economics or related quantitative field preferred.
• Advanced degree or CFA designation is a plus.

Responsibilities

• Load and maintain fixed income data in the ALM/investment model with calibrated parameters as per policy.
• Execute and process interest rate risk analytics (duration, convexity, NEV, NII, EVS) for portfolios.
• Interpret and validate mortgage/prepayment and OAS-based modeling outputs.
• Identify and document data, system and modeling issues; translate findings into actionable items.
• Execute liquidity risk analytics including liquidity stress testing and contingency funding support.

Skills

0-3 years experience

Macroeconomics

Fixed income fundamentals

Communication skills

ALM software

Bloomberg

Education

Bachelor’s degree in finance/economics

Advanced degree / CFA (a plus)

Tools

Bloomberg Terminal

Job description

This position will work within the ALM First ALM Strategy Group (ASG) and will report to the Director of the ALM Strategy Group. The candidate will assist in the production and maintenance of investment analytics and associated reporting for use in fixed income portfolio management.

Qualifications

• 0-3 years of relevant work experience, preferably in asset management, banking, or related field
• Understanding of macroeconomics and fixed income fundamentals
• Excellent written and verbal communication skills, with experience translating business requirements into technical language
• Knowledge of ALM software such as ZM Financial Systems, QRM, or Empyrean is a plus
• Working knowledge of Bloomberg and other relevant analytics platforms

Responsibilities:

• Load and maintain fixed income security data within the ALM/investment model, ensure instrument level data and associated model parameters are calibrated in a manner that is consistent with policy recommendations outlined by the model governance committee
• Execute and process interest rate risk analytics — effective duration/convexity, NEV, NII, and economic value sensitivity — for client and internal portfolios
• Interpret and validate mortgage/prepayment and interest rate modeling outputs, including OAS-based results
• Identify and document data, system, and modeling issues, communicating findings clearly and consolidating technical requirements into actionable development items
• Execute and process liquidity risk analytics — including liquidity stress testing, contingency funding plan support, and monitoring of liquidity coverage/reliance metrics

Minimum Education Qualifications:

Bachelor’s degree and strong academic record with a concentration in finance, economics, mathematics, or other related quantitative/analytical discipline preferred. Advanced degree and/or professional designation such as CFA/FRM is a plus.

About Us: ALM First Financial Advisors is a leading, trusted strategic partner for depository institutions, offering an array of financial advisory services. Since 1995, our expertise in asset liability management, fixed income portfolio management and hedging, has allowed us to deliver deeper insights into financial institutions’ balance sheets, strengthening their financial performance and building efficiencies. With more than $65 billion of investments under management. ALM First is an SEC-registered investment advisor, acting as an unbiased third party, offering commission-free, fee-based services to over 350 financial institutions nationwide.

ALM First Statement On Diversity & Inclusion

ALM First believes deeply in equality and strongly supports diversity and inclusion. We will continue our driven dedication to financial inclusion for all Americans as we serve the clients providing critical financial resources to the communities that need them most. We are always looking at ways to challenge our diversity of thought, improve our own policies and practices to encourage diversity through the use of our designated committee.