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Senior Asset Liability Management Analyst


Phoenix, AZ

Employer:  Western Alliance Bank
Job Type:  Full Time


Job Title:
Senior Asset Liability Management Analyst


What you'll do:
Senior Asset Liability Management Analyst will be responsible for providing ongoing analysis of WAL's financial risk that may arise from changes in financial markets, account behaviors, competition, credit quality, and sources/uses of liquidity. Analysis includes, but not limited to, review of baseline business strategies, scenarios, and stresses to determine potential impact on WAL's balance sheet, liquidity, net income and capital in relation to WAL's risk tolerance. Position coordinates the process of capturing relevant account behaviors (pricing/repricing/cash flow characteristics) of the bank's current balance sheet into meaningful "pools" for financial planning, analysis and risk assessments. The position also partners with front-line managers (LOB managers, FP&A and Treasury) for loan/deposit growth, liquidity and capital management assumptions for pro-forma modeling. This position operates our Asset Liability Management software (BancWare) and assists with all upstream (data staging) and downstream (reporting and analysis tools) processes surrounding BancWare. This position will provide in-depth analysis of key financial metrics, develop and analyze reports of financial impacts and define risk exposures. The position supports reporting and analysis to our Asset/Liability Committee (ALCO) and Finance and Investment Committees (FIC).

What we are looking for:

  • Ownership and ongoing management of our Asset Liability Management ("ALM") software (BancWare). Assist manager with all upstream (data staging) and downstream (reporting and analysis tools) processes surrounding BancWare. Partner with IT, FIS (BancWare vendor) and providers of data to capture relevant account behaviors for balance sheet modeling as well as continued performance improvement of BancWare. BancWare's ALM model captures WAL's current financial position and business strategy to support financial forecasts and assess risk.
  • Provide independent review of WAL baseline and stress scenarios as well as any ad hoc analysis. Review and validate key market and behavioral assumptions in these scenarios. Scenarios include, but not limited to, interest rate outlook (treasury baseline, shocks, ramps, yield curve twists, etc.), as well as liquidity and capital stress events. Evaluate impact on net interest income/margin, net income, economic value (EVE), liquidity coverage and regulatory capital. Analyze economic and key performance indicators to assess banks financial risk and mitigation strategies.
  • Oversight and ownership of financial risk reporting metrics to governance committees (ALCO, ERMC, and CCMC) and regulators. Develop and present key risk analytical reports for these committees. Provide analysis and commentary to articulate our risk position and direction of risk. Collaborate in the ongoing development of financial risk management process and infrastructure regarding the definition and monitoring of risk metrics, reports and limits
  • Support the financial planning and forecasting process. Partner with business leaders/FP&A to obtain, understand, analyze and draw conclusions with respect to business strategy (loan/deposit growth, product mix, new business volume, duration and pricing spreads). Partner with Treasury on expected direction of market interest rates, funds transfer pricing and funding/liquidity strategy to support growth.
  • Support statistical analyses projects (deposit study, asset prepayment behaviors, cash flow volatility, etc.) in support of the asset/liability management and liquidity management process.

  • 5+ years of Banking and/or Treasury experience;
  • 2+ years of experience in Asset Liability/Financial Risk management role that involves balance sheet modeling in U.S. regulated commercial banking, investment banking or consumer credit environment.
  • Excellent analytical and advanced Excel knowledge required. . Demonstrated financial modeling skills required. Knowledge of ALM models preferred (BancWare, QRM, Sendero). Working knowledge of SQL, and/or SAS preferred knowledge of reporting and business intelligence tools preferred (aka Tableau)

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

© Western Alliance Bancorporation
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