Western Alliance Bank

Treasury Risk Manager

Req No.
2017-3819
Western Alliance Bank
Category
Accounting & Finance
Type
Regular Full Time
Phoenix

Overview

The Treasury Risk Manager is responsible for supporting the Treasurer with regards to managing the interest rate risk profile of the bank.  The position is responsible for all of the assumptions used to model interest rate risk and funds transfer pricing.  This role will collaborate with Risk Management in producing regular interest rate and liquidity risk management reports from the bank’s BancWare model.  Additionally, this position owns the funds transfer pricing (FTP) methodology and the development and use of loan pricing models.

Responsibilities

  • Manages the overall methodology for measuring and reporting of interest rate risk to include net interest income and margin forecasting, sensitivity profiles, and economic value of equity. Oversees the development and use of sophisticated analytical models.
  • Assist in the preparation of materials for the Asset-Liability Committee and the Board of Directors’ Finance and Investment Committee with regard to interest rate risk, funds transfer pricing and loan and deposit pricing.
  • Ensures the integration of Asset/Liability Management with the organization’s financial planning process and coordinates with Financial Planning and Analysis on balance sheet and earnings management strategies and presents balance sheet and hedging recommendations to senior management.
  • Owns the funds transfer pricing process (FTP) including recommending modeling assumptions and reporting business line results.
  • Manages loan pricing models and ensures methodologies, functionalities, and assumptions follow industry best practices.
  • Manages analysis of behavior assumptions associated with non-maturity deposit instruments, lines of credit, commercial loans, mortgage loans and securities, and other financial instruments. Provides oversight of model benchmarking and back-testing of key model assumptions.
  • Supports management of funding/liquidity risks as necessary.
  • Convey economic outlook and interest rate forecasts to key bank personnel.
  • Develops clear and effective presentation of highly technical material.
  • Facilitates other ad hoc requests pertaining to balance sheet management, investment analysis, and earnings analysis.

Qualifications

Qualifications:

  • Bachelor’s degree in Finance, Economics, Mathematics, Statistics or Accounting discipline
  • 8 or more years or experience with a banking institution and a minimum of 5 years of asset-liability, financial analyst, financial modeling, financial engineering, or related experience with financial institutions
  • Industry understanding – a working knowledge of the commercial banking industry as it pertains to balance sheet forecasting, profitability, core product lines, fixed income, funds transfer pricing and asset liability management
  • Understanding of financials and general ledger systems
  • Creative & strategic thinker with strong analytical skills
  • Effective communicator through verbal, written, & visual presentations to all levels of management and external entities (auditors, examiners)
  • Proficient in BancWare, MS Office Suite

Preferred Knowledge and Skills:

  • Advanced degree or certification (MBA, MS, CFA, CTP)
  • Proficiency in database querying – SQL, SAS

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