Junior ALM Analyst: Balance Sheet Analytics & Risk

Valley Bank

Paramus (NJ)

On-site

USD 65,000 - 90,000

Full time

13 days ago

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Job summary

Valley Bank is seeking a Jr Asset Liability Management Analyst to support balance sheet management through interest rate risk measurement, deposit and loan analysis, and financial modeling. You will perform ALCO reporting, monitor model assumptions, and assist in strategic balance sheet decisions.

The role requires a finance or related degree, internship experience in banking or finance, and strong Excel/analytical skills.

Qualifications

Proficient in Microsoft Excel with pivot tables and macros.
Strong analytical and quantitative skills.
Excellent verbal and written communication.
Ability to prioritize and organize assignments.
Knowledge of banking industry functions.

Responsibilities

Load, reconcile, and validate balance sheet data in the ALM platform and provide rate risk analytics.
Prepare monthly ALCO reporting package.
Conduct assumption monitoring and sensitivity analyses.
Monitor compliance with ALM policies and thresholds, escalate issues.
Manage schedules for studies, validations, sensitivity analyses, and reporting.
Prepare analyses and presentations on interest rate risk and model updates.
Provide analytical support for Treasury, Finance, and ALM initiatives.