S&T Bank

ALM Manager

S&T Bank

full-time

Posted on:

Origin:  • 🇺🇸 United States • Pennsylvania

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Salary

💰 $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