Senior ALM Leader: Balance Sheet Strategy & Risk

Cathay Bank; El Monte (CA); On-site; USD 175,000 - 198,900; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

Life insurance

Long-term disability

FSA/HSA with company contributions

401(k)

Job summary

Cathay Bank seeks an experienced ALM Manager to lead asset liability strategy, risk oversight, and balance sheet analytics. This senior role reports to the Treasurer and drives ALM modeling, framework development, and governance across the organization.

You will manage deposit analytics, stress testing, and capital planning inputs while coordinating with senior leadership and governance committees. Leadership and regulatory expertise are essential.

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or related field required.
• 7–10 years of ALM, Treasury, liquidity management experience; leadership required.
• CFA/FRM or similar certification preferred.
• Experience with regulatory expectations related to IRR, liquidity risk, and model governance.

Responsibilities

• Oversee ALM framework, including modeling, forecasting, and analysis of balance sheet behavior.
• Evaluate interest rate risk exposures and optimize balance sheet structure and earnings stability.
• Lead interest rate risk measurement activities: EVE, NII simulations, scenario analysis, sensitivity testing.
• Manage Empyrean ALM model, data integrity, documentation, back-testing, and governance.
• Prepare ALM results, trends, and strategic insights for leadership and governance committees.
• Lead deposit analytics and behavioral modeling; support product pricing and deposit strategy.
• Provide ALM inputs into capital planning, CCAR-style stress testing, and dividend decisions.
• Develop multi-scenario stress testing frameworks and enterprise-wide stress testing initiatives.
• Mentor ALM staff and develop team capabilities.

Skills

ALM Principles

Interest Rate Risk

Balance Sheet Analytics

Regulatory Awareness

Executive Communication

Education

Bachelor's degree in Finance/Economics/Accounting

Advanced degree or CFA/FRM preferred

Job description

Cathay Bank seeks an experienced ALM Manager to lead asset liability strategy, risk oversight, and balance sheet analytics. This senior role reports to the Treasurer and drives ALM modeling, framework development, and governance across the organization.

You will manage deposit analytics, stress testing, and capital planning inputs while coordinating with senior leadership and governance committees. Leadership and regulatory expertise are essential.