Director, Asset Liability Modeling; ALM

Position: Director, Asset Liability Modeling (ALM)
Location: New York
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Director, Asset Liability Modeling (ALM) page is loaded## Director, Asset Liability Modeling (ALM) locations:
NY 360 Lexington Ave:
NY WP Hamilton time type:
Full time posted on:
Posted Todayjob requisition :
R24 If you’re looking for a meaningful career, you’ll find it here nded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

The Director, ALM will enhance the monthly production and maintenance of the Bank’s Asset Liability Modeling including, but not limited to, Net Interest Income and Economic Value of Equity simulations;
Alternative run scenarios such as: yield curve movements, basis risk, and assumption sensitivity.

Responsibilities:
* Be an integral part of the Bank’s Asset Liability Modeling including, but not limited to, Net Interest Income and Economic Value of Equity simulations;
Alternative run scenarios such as: yield curve movements, basis risk, and assumption sensitivity.
* Improve the monthly production and distribution of the Bank’s ALCO package.
* Work with team members, mentor, and develop ALM Analysts in advanced techniques.
* Provide subject matter expertise by designing and developing business information, analytics, and models related to the Asset Liability Management (ALM) model and deposit analytics.
* Partner with the treasury team to incorporate balance sheet and model assumptions for forecasting via the ALM model.
* Liaise with employees from finance, treasury, accounting, business, operations, and data teams to develop tools, methods, assumptions, analysis to support the ALM model.
* Manage the reporting process related to ALM models for use at various committees.

Experience:

* BA or BS degree in Business or Finance preferred.
* At least 7 years' of total experience is required. Experience in financial services is preferred.
* Five (5) years of data analytics work experience including database management.
* Knowledge of bank products and ALM concepts.
* Working knowledge of financial systems used in Finance and Treasury group is a must.
* Advanced proficiency with standard analysis tools, data aggregation tools, database, and programing languages (Excel / Power BI / Access / SQL / Python / R)
* Coordinating multiple projects simultaneously.

The estimated salary range for this position is $150,000

USD to $170,000

USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.#LI-JW1

Webster Financial Corporation and its subsidiaries (“Webster”) are equal opportunity employers that are committed to sustaining an inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.
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