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.

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4 days ago
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