Strategic Finance Manager: ALCO, Budgeting & Risk

Ascend Bank; Wallingford (CT); On-site; USD 83,000 - 101,000; Full time

Job summary

Ascend Bank is seeking a Finance Manager who will lead the Finance team, supervise staff, and provide strategic financial analysis to senior management. You will oversee ALCO reporting, interest rate risk modeling, budgeting, and profitability analyses while coordinating with the Controller, CFO, and Board.

The role requires strong analytical skills, a bachelor’s in finance or related field, and 5–8 years in banking or finance. Compensation starts at $92,000 annually with potential incentives.

Qualifications

• Five to eight years of banking or related finance experience.
• Proficiency with Word, Excel, and Access.
• Experience with ProfitStars or other financial forecasting/ALM software.

Responsibilities

• Lead ALCO related activities and prepare quarterly risk and liquidity reports.
• Manage interest rate risk models, disclosures, and back-testing of results.
• Oversee budgeting processes for operating and capital budgets.
• Support pricing and profitability analyses for products and line items.
• Prepare board and management reports and present variances and peer analyses.

Skills

Financial analysis

ALCO reporting

Budgeting & forecasting

Strategic decision support

Communication with senior leadership

Education

Bachelor's degree in finance/economics or related field

Tools

ProfitStars

Microsoft Excel

Microsoft Word

Microsoft Access

ALM software

Job description

Ascend Bank is seeking a Finance Manager who will lead the Finance team, supervise staff, and provide strategic financial analysis to senior management. You will oversee ALCO reporting, interest rate risk modeling, budgeting, and profitability analyses while coordinating with the Controller, CFO, and Board.

The role requires strong analytical skills, a bachelor’s in finance or related field, and 5–8 years in banking or finance. Compensation starts at $92,000 annually with potential incentives.