Director of Asset Liability Management Modeling

EagleBank
Bethesda, Maryland, US
$131.1K-$224.7K a year
Full-time

Ready to apply Before you do, make sure to read all the details pertaining to this job in the description below.

Overview :

We are a values driven organization putting Relationships FIRST . EagleBank (NASDAQ EGBN) is focused on being Flexible, Involved, Responsive, Strong , and Trusted .

By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly deliver the most compelling, valuable service to our customers.

EagleBank is committed to inclusion, equity, and respect. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience.

We believe employees are essential to the building of relationships and we prioritize investing in employee growth and wellbeing.

Employee involvement is fostered through resource groups, mentorship programs, community service, and scholarship opportunities for continued education.

With features including maternity and parental leaves, wellness discounts, healthcare premium sharing, employer funding in your HSA account, and 100% 401(k) matching up to 4%, we pride ourselves in the ways we support our internal relationships.

The minimum and maximum projected annualized salary for this position is : $131,068 to $224,678. Additional compensation may be possible based on experience and skills.

We understand the need to be creative and flexible when it comes to telecommuting and other alternative work arrangements.

This position is eligible for our hybrid remote work and will work in the Bethesda, MD office four days per week.

Responsibilities :

The Director of Asset Liability Management Modeling is responsible for maintenance and review of the bank’s quantitative financial risk modeling inclusive of interest rate risk, liquidity risk, capital stress testing, and funds transfer pricing.

Responsibility includes creating and generating monthly reporting to the Asset Liability Committee (ALCO), Enterprise Risk Management Committee (ERMC) and ad hoc analysis.

The role will oversee the related compliance and controls as it relates to the model. The role will also be required to evaluate assumptions, run back testing, review third party studies, document and make recommendations for adjustments within the Asset / Liability Management (ALM) modeling software as necessary.

The role will provide support and documentation related to examination, audit and model risk management review. Modeling changes and results will be communicated regularly to management and ALCO.

Qualifications : Requirements :

Requirements :

  • Degree from an accredited college or university in Mathematics, Econometrics, Finance, Statistics or related field.
  • Experience working with ALM modeling software.
  • 10+ years of relevant experience.
  • Finance or related experience with stochastic modeling such as Monte Carlo simulations, statistics, and discounted cash flow calculations.
  • Functional knowledge of banking and balance sheet management inclusive of interest rate risk modeling and related significant assumptions (i.

e. betas, deposit decay, prepayments).

  • Working knowledge of various financial instruments including fixed income investments, loans, derivatives including embedded options, deposits, and various forms of wholesale funding.
  • Knowledge of bank regulatory environment related to model risk management, controls and business process best practices.
  • Proven ability to work effectively individually and within teams to set realistic deadlines and to effectively set priorities to meet those deadlines including regular communication and updates.
  • Process oriented, data driven, and exceptionally well organized and detailed.
  • Proven ability to create new reporting and deliver monthly reports to executive audience.

Preferences :

  • Experience working with Empyrean Solutions software.
  • An advanced degree in Engineering, Mathematics, Finance, Statistics or related fields.
  • One or more certifications or accreditations as it relates to the duties of this position including Chartered Financial Analyst (CFA).

Don't meet all the requirements? We encourage you to still apply if you think you are the right person to join our community.

We are always interested in connecting with people inspired by our mission and values. If you aren’t hired for this position, your resume will remain available for the next year and might be considered for future openings.

Note : You can update your resume as often as needed.

J-18808-Ljbffr

4 days ago
Related jobs
Promoted
VirtualVocations
Darnestown, Maryland

A company is looking for a Global Director of Program Management for Software Monetization. ...

Promoted
University of Maryland Medical System
Capitol Heights, Maryland

Renowned as the academic flagship of the University of Maryland Medical System, our Magnet®-designated facility is a nationally recognized, academic medical center with opportunities across the continuum of care. Under general supervision, own and optimize the Central Procurement functions of UM...

Promoted
VirtualVocations
Darnestown, Maryland

A company is looking for a Director of Program Management to oversee the operational execution of a new product portfolio focused on blood-based cancer diagnostics. ...

Promoted
Valid8 Financial, Inc.
Bethesda, Maryland

Climate United Fund, a 501(c)(3) nonprofit (“Climate United”), is seeking a full-time Director of Asset Management to oversee the effective management and optimization of our distributed generation and storage, building decarbonization, and electric vehicle portfolios. As a key member of the Investm...

Promoted
VirtualVocations
Darnestown, Maryland

A company is looking for a Director of Project Management & Training to drive project and product launches across service lines. ...

Promoted
Intelligencecareers
Bethesda, Maryland

Superior proficiency in enrollment management databases and communication software. It serves as the intellectual hub for the intelligence profession, preparing today's leaders for tomorrow's challenges. Check all associated application documentation thoroughly before clicking on the apply button at...

Stringfellow Management Group
Maryland, US
Remote

Proficiency in Microsoft Office Suite including Outlook, Word, and Excel. Executive Director Support: Assist and support the Executive Director in various capacities. Attend meetings on behalf of the Executive Director as needed. Stringfellow Management Group is a growing Association Management Comp...

CHN Choice Hotels International Services
North Bethesda, Maryland

As the leader of the company’s asset management function, you will oversee Choice’s entire real estate portfolio with the goal of i) maximizing asset value for each hotel and ii) identifying and communicating opportunities that could also benefit Choice’s franchised hotels. Senior Director, Asset Ma...

AstraZeneca
Gaithersburg, Maryland

Are you a seasoned professional in Risk Management with a broad knowledge in patient safety? Do you have the ability to provide leadership and strategic direction to the development of state-of-the-art risk management methods, tools, and technology? If so, we have an exciting opportunity for you. Yo...

Columbia University
Morningside, Maryland

Reporting to the Dean of Finance and Operations, the Director provides operational guidance and transactional oversight for the Financial Operations and Budget Management functions of the Graduate School of Arts and Sciences (GSAS). Manage and oversee a well-structured Finance office for GSAS, inclu...