Director, ALM Models recruitment
Essential Responsibilities
- Owner of model design principles (blueprint) for IR reporting and analysis
- Create standards for balance sheet modeling by chart of accounts (e.g., finance receivables, operating leases, etc.). Develop consistent standards across various business silos while recognizing there may be contractual variations.
- Define modeling assumptions/standards for the firms products in collaboration with business and IR subject matter experts.
- Creates plans to upgrade business IR models over multi-generational project plan
- Ensure IR model reporting meets functional requirements set by IR risk management and exposure management teams
- Satisfy interest rate risk reporting requirements, including interpretation of scenario analysis focused on EVE, NII, basis risk, optionality, and DV01 metrics.
- Works with IT organization and vendor to implement architecture that spans all models for upgrades and change management.
- Responsibilities include design of an efficient data model that minimizes data requirements without sacrificing accuracy of IR reporting.
- Can provide detail/overview of business data through IR reporting output
- Assist the implementation and run of financial models that comprise new Asset Liability Management (ALM) platform.
- Develop thorough knowledge of Sungard’s Ambit/Bancware functionality
- Lead vision and design for the consolidated and multiple business unit risk models with a global reach.
- Build and assist coordination of relationships amongst treasury, global businesses, and product vendor.
- Assesuild and assist coordination of relationships amongst treasury, global businesses, and product vendors and understand business balance sheet and product mix
- Validate model structures based on asset and liability profiles.
Qualification/ Requirements
- Experience in bank environment as Architect/designer for bank’s ALM platform
- BS/BA in Computer Sciences, Engineering, Mathematics, Finance, Accounting or similar, CAS or FMP Graduate
- 5-10 years in Treasury, Corporate Finance or Risk Management environment.
- 3-5 years of financial or risk modeling expertise using data intensive software applications
- Familiarity with asset-liability management software (Bancware, QRM, Sondero), and related modeling techniques
- System savvy with excellent PC skills including MS Suite (Excel, Access, PowerPoint, Word, Project) as well as familiarity with relational databases (SQL server, Oracle) and query tools (Business Objects, Cognos)
- Experience with trading systems and market data management (Bloomberg, Reuters)
- Exposure to or hands-on knowledge of interest rate swaps and other derivative instruments
- Must have authorization to work in the U.S.
- Must be willing to submit to a background check and a drug test ads part of the hiring process.
Desired Characteristics
- MBA, CPA, or CFA
- Strong analytical, problem solving skills and attention to detail
- Six Sigma Certified or similar Project Management skills
- Strong communication and interpersonal skills, ability to interact cross-functionality.
May 14, 2012
• Tags: ALM Models recruitment, Director, Risk Management careers in the USA • Posted in: Financial