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Valley National Bancorp
Jr Asset Liability Management AnalystValley National Bancorp • Paramus, NJ, United States
Jr Asset Liability Management Analyst

Jr Asset Liability Management Analyst

Valley National Bancorp • Paramus, NJ, United States
7 days ago
Job type
  • Full-time
Job description

Job Title

Responsibilities include but are not limited to:

  • Load, reconcile, and validate balance sheet data within the Bank's ALM modeling platform (Empyrean) and provide interest rate risk and balance sheet analytics.
  • Prepare the Bank's monthly Asset Liability Committee (ALCO) reporting package.
  • Conduct monthly assumption monitoring and sensitivity analyses.
  • Monitor compliance with Asset Liability Management policies, limits, and risk thresholds, escalating exceptions and data concerns.
  • Manage the schedule for assumption studies, model validations, sensitivity analyses, and ALM reporting requirements.
  • Prepare analysis and presentations on interest rate risk results, including support for assumption development, documentation, and model updates.
  • Provide analytical support for Treasury, Finance, and ALM initiatives, including ad hoc balance sheet, funding, and profitability analyses and projects.

Required Skills:

  • Proficient in Microsoft Excel. Ability to create pivot tables and macros and use lookup and logic functions.
  • Strong analytical and quantitative skills
  • Excellent verbal and written communication skills.
  • Ability to prioritize and organize assignments.
  • Knowledge of banking industry and banking functions.
  • Ability to handle multiple priorities simultaneously.
  • Ability to meet strict deadlines and complete projects effectively with little supervision.

Required Experience:

  • Bachelor's degree in Finance, Accounting, Economics, Mathematics, Business Administration, or a related field.
  • Prior internship or short-term experience in banking, finance, treasury, accounting, risk management.

Preferred Experience:

  • One year of experience in banking/finance preferred.
  • Demonstrated interest in asset/liability management, interest rate risk, liquidity management, and financial analysis preferred.
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Jr Asset Liability Management Analyst • Paramus, NJ, United States

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