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Manager-ALM

Bank of Hope
2 days ago
Full-time
On-site
Los Angeles, California, United States
$165,000 - $180,000 USD yearly

Manager – ALM is responsible for the development and execution of impactful balance sheet strategies while supporting the design and management of the Bank’s ALM system.

  • Lead the development and maintenance of the Bank’s ALM system, primarily in QRM. This function includes all supporting tools, such as SQL server, Excel macros, and other softwares that support the IRR infrastructure of the Bank.
  • Manage ALM staff members, train and retain talents for smoothly operating Bank ALM functions; Ensure sufficient coverage for all ALM areas in measuring, monitoring, and reporting risk. Maintain procedures, policies, and training manuals related to IRR.
  • Follow regulatory guidance in regard to ALM and treasury matters, interact in a timely and professional manners with regulators (FDIC, Fed, CA DBO).
  • Responsible for the overall ALM section of Board ALCO reporting, with monthly frequency, fully appraising the Board of IRR changes, risk drivers, and forward recommendation.
  • Responsible for notifying all stakeholders (Treasurer, CFO, COO, Strategy, Business lines) regarding IRR recommendation, changes, limit monitoring.
  • Shares responsibility with Treasurer and Liquidity Manager to ensure all treasury models follow the regulatory guidance in SR11-7, monitored/backtested regularly, and validated in the agreed amount of time.
  • Support accounting and investor relations to ensure all financial release regarding IRR are properly vetted and understood.

 

Job Qualifications/Requirements

Education/Credentials

  • Required: Bachelor’s degree in accounting, finance, economics, or related field
  • Preferred: MBA, CFA, FRM, or CPA designation preferred

Prior Experience

  • Required: 5-8 years of experience in asset liability management, quantitative modeling, or similar field; prior experience in Treasury, Finance, or Risk Management is preferred.

Technical Skills

  • Required: Strong analytical and modeling skills
  • Required: Solid project management and coordination skills with proven ability to meet deadlines
  • Required: High-performance, high-quality approach to managing multiple projects simultaneously
  •  Required: Good team player with interpersonal skills
  •  Required: Attention to detail and Excellent written communication skills
  • Required: Ability to research, formulate ideas, and develop actionable insights
  • Required: Proficiency with MS Office (Word, Excel, Powerpoint, Access)
  • Preferred: Experience with Capital/ALM system such as QRM or Bancware or other related software is highly desirable
  •  Preferred: Working knowledge of SQL, XML, VBA
  • Preferred: Experience with Bloomberg

 

 

The salary range for this full-time position is $165,000.00 - $180,000.00 annually + bonus + benefits 

Salary ranges are determined based on qualifications, level, and location 

Exact compensation may vary based on your skills and experience.

 

Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.