Senior Analyst, Asset​/Liability Management and Valuation

Overview

Pen Fed is hiring a Remote Senior Analyst, Asset/Liability Management and Valuation associated with our Tysons, Virginia location. The primary purpose of this job is to perform effective interest rate management for the credit union's balance sheet. The role will support building out the ALM framework – measuring, monitoring, and mitigating ALM interest rate risk. This position will be responsible for modeling using the QRM platform – from data analysis, risk assessment and scenario analysis, through reporting and documentation.

The individual contributor is expected to coordinate with internal partners, produce robust quantitative analysis and support the continual improvements of the ALM framework.

This role can be located anywhere in the United States. The anticipated starting salary range for this role is $81,723 - $129,880. This position is eligible for the organization s Balanced Scorecard bonus subject to board discretion and approval. This position is also eligible for the opportunity for an annual Pay for Performance bonus.

• Perform advanced analysis and measurement related to interest rate risk, asset/liability valuation, and pricing assumptions.
• Contribute to the implementation of complex financial models and assumptions within the QRM platform.
• Improve, validate and benchmark model performance, including the optimization of non-modeled assumptions.
• Assist and lead the development of attribution reporting and analytical tools. Identify key data dimensionality and risk drivers.
• Conduct stress testing and sensitivity analysis to evaluate the potential impacts of changing market conditions on Pen Fed s financial position.
• Provide analytical insights related to risk mitigation, funding strategies, and/or balance sheet optimization.
• Maintain and update ALM risk reporting and work closely across the lines of defense to enhance documentation in compliance with regulatory requirements, internal guidelines, and industry best practices.

* This role is responsible for ensuring business continuity.*

• Bachelor s degree in finance, mathematics, statistics or related field required. Advanced degree/ professional certification preferred.
• Minimum three (3) years  work experience in a financial institution using sophisticated asset/liability management modeling systems.
• Advanced knowledge of the QRM platform and reporting.
• Advanced experience with data analysis tools (e.g., Excel, VBA, SQL) required. Knowledge of coding languages (e.g., Python, R, etc.) preferred.
• Experience with GL systems (e.g., Hyperion, Smart View).
• Excellent communication skills.
• Strong understanding of ALM financial principles, including interest rate theory, time value of money, financial modeling, and capital markets.
• Excellent analytical and problem-solving skills. Ability to work with complex data sets.
• Knowledge of banking regulations and industry bests practices.

This position will not supervise employees.

CFA professional certification preferred.

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

Ability to travel to various worksites and be on-call is required.

At Pen Fed, we offer a robust benefits package designed to support you both personally and professionally. You ll have access to comprehensive health, dental, and vision plans; paid time off; and family-friendly benefits like paid parental leave, care support, and fitness center access. Financial wellness is encouraged through features like a 401(k) match, employee loan discounts, and fully paid life and disability coverage.

We also support growth via education assistance, community involvement, and volunteer opportunities.

Helping members achieve their dreams since 1935.

Pentagon Federal Credit Union (Pen Fed) is one of America s largest federal credit unions, serving 2.8 million members worldwide with $29 billion in assets. Pen Fed offers market-leading certificates, checking and savings, credit cards, personal loans, mortgages, auto loans, and a wide range of other financial…