Senior Manager – Workday HCM
Visa
ALM Manager
S&T Bank
full-time
Posted on:
Location: Pennsylvania • 🇺🇸 United States
Visit company websiteSalary
💰 $55,000 - $149,000 per year
Job Level
SeniorLead
Tech Stack
Tableau
About the role
- Manage the bank’s asset liability management (ALM) including strategic balance sheet management to balance growth, profitability, and risk
- Develop reports using SAP BusinessObjects WebI, Tableau, Monarch, Excel, and others
- Review and analyze reports and stress tests and ensure accurate, timely distribution
- Design, implement, and maintain systems and related documentation per model risk management guidelines
- Prepare and compile information for the Asset/Liability Committee (ALCO) report package
- Interact with internal audit and third-party model validation consultants
- Manage daily liquidity position and ensure required reserves at the Federal Reserve
- Initiate and execute short-term borrowing and selling transactions and assist with brokered deposit transactions
- Manage collateral management and liquidity reporting and provide analytical support for variances and trends
- Conduct quarterly liquidity stress tests and derive/document assumptions (loan losses, originations, deposit runoff, net interest margin)
- Maintain the Federal Reserve Borrower-in-Custody program
- Manage reporting of net interest income, margin, and betas and reconcile loan/deposit interfaces to the general ledger
- Manage interest rate risk reporting, conduct annual market risk stress tests, sensitivity tests, and quarterly back tests
- Manage capital reporting, implement risk-weighted asset enhancements through reporting, and conduct annual capital stress tests
- Develop balance sheet and net interest income components of the annual operating plan and periodic forecasts
- Manage and mentor the ALM analyst team and maintain strong internal relationships
Requirements
- Requires a four-year college degree or equivalent (Finance, Accounting, Economics, or Mathematics)
- Requires ten years general finance related experience
- Additional specialized experience in asset liability management and forecasting preferred
- Experience developing reports using SAP BusinessObjects Web Intelligence (WebI), Tableau, Monarch, Excel, and similar tools
- Ability to review, analyze reports and stress tests and ensure accurate and timely distribution
- Experience designing, implementing, and maintaining systems and documentation adhering to model risk management guidelines
- Knowledge of liquidity management, Federal Reserve reserve requirements, short-term borrowing, brokered deposits, and collateral management
- Experience conducting liquidity, market, and capital stress tests and documenting assumptions (loan losses, deposit runoff, betas, prepayments, etc.)
- Familiarity with Prologue Risk Manager (formerly IPS-Sendero) and interest rate risk regulations
- Strong analytical skills to explain variances and trends
- Management experience to train, mentor, and coach ALM analyst team
- Ability to work independently and collaboratively as a team player
