Asset Liability Management Job Description
Asset Liability Management Duties & Responsibilities
To write an effective asset liability management job description, begin by listing detailed duties, responsibilities and expectations. We have included asset liability management job description templates that you can modify and use.
Sample responsibilities for this position include:
Asset Liability Management Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Asset Liability Management
List any licenses or certifications required by the position: PMP
Education for Asset Liability Management
Typically a job would require a certain level of education.
Employers hiring for the asset liability management job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Mathematics, Statistics, Accounting, Business, Actuarial Science, Management, MBA, Engineering
Skills for Asset Liability Management
Desired skills for asset liability management include:
Desired experience for asset liability management includes:
Asset Liability Management Examples
Asset Liability Management Job Description
- Enriching data supporting configurationally hierarchies, in order to match and enrich the trade data to support structural hedge and funding processes in QRM
- Managing the automation process which handles the scheduling of portfolio and planning runs and in addition can be used to automate almost any process within QRM using the QRM Application Program Interface (API)
- Liaising with Information Technology (IT) departments over software and hardware upgrades or patches
- Developing technical mapping specifications
- Developing code in line with all specifications
- Building test harnesses where appropriate
- Conducting unit and systems testing
- Scripting software packages for release
- Working to aggressive deadlines
- Producing relevant technical documentation
- Minimum 8 years' experience including 3 years' supervisory level in Treasury Finance / Product Controls and Reporting, preferably with financial institutions
- Sound knowledge in foreign exchange, bonds, swaps and other treasury products
- Practical knowledge in hedging accounting, valuation model and Fund Transfer Pricing
- Experience in Asset Liability Management and/or Pension Consulting
- Fellow of Society of Actuaries and CFA is preferred
- Demonstrated ability to communicate complex concepts to senior executives clearly and succinctly
Asset Liability Management Job Description
- Provides statistical analysis for various sub-models in the ALM measurement framework
- Understanding reconciliations and controls around software development
- A very strong background in large data management and manipulation, including development programs, queries and systems
- Experience of a large system implementation projects, across multiple business units and across multiple geographies, preferably in a risk system implementation
- Experienced in data reconciliation, data integrity, controls and documentation
- A strong and maintained knowledge of the latest financial modelling techniques, product knowledge and the competitor environment
- Technical expertise of Microsoft Access, SQL Server, Stored Procedures, SSIS, business objects and database system development
- Knowledge of at least one scripting language VB script, Perl
- Experience with database optimisation and performance tuning
- A proven track record in software development, with the ability to display a clear understanding of both business usage and the IT issues involved in such an implementation, with the ability to translate between the two
- Strong proficiency in Microsoft Office products, Essbase, FCR, and IMIS
- MUST be willing to work out of the Stamford, CT office
- Degree holder in Accounting, Risk Management, Finance or related disciplines
- Good risk acumen/judgment for understanding the appropriateness of different types of quantification methods and potential strengths and weaknesses and representation of underlying risk exposures
- The ability to balance viewpoints of various stakeholders like Finance, Risk, HR and Business Units
- Strong knowledge and understanding of financial services industry
Asset Liability Management Job Description
- Support other ALM teams in the development and execution of investment strategies, various reporting requirements and other ad-hoc projects
- Represent Global ALM to Asia Division
- Experience of other front end tools such as C# and .NET (beneficial)
- Able to work independently and assume responsibility for major project deliverables
- Be able to show strong initiative to proactively find solutions to requirements
- Highly organised and able to manage multiple tasks and priorities
- Attentive to detail and focused on accuracy
- Creative, lateral and commercially minded thinker
- Able to work under aggressive deadlines while valuing teamwork and partnering
- Able to adapt well to change
- Leadership in Change Management with proven ability to create awareness and influence through amicable consensus towards desire outcomes
- Degree holder in Finance, Economics, Accounting or other quantitative discipline
- Self-starter with ability to meet deadlines, work independently, and being able to think outside the box
- Excellent interpersonal skills, with a desire to pursue best practices in a challenging team environment
- Proven analytical skills including forecasting, modeling, budgeting
- Diligent, independent and strong sense of responsibilities
Asset Liability Management Job Description
- Assist in the regular production of ALM metrics, including duration, convexity, and key-rate durations, derived from model runs
- Assist with the development and refinement of ALM models to support the needs of the Lines of Business
- Implement, validate, and document ALM modeling changes
- Partner with Risk to ensure proper governance, controls, and documentation related to ALM models
- Practice sound governance around decision making and implementation of ALM modeling tools in a centralized and efficient production environment
- Able to assume responsibility and ownership for all areas of work
- Manage projects and coordinate teams in the implementation of investment strategies and tactical decisions for Asia Business Units
- Recommend and implement tactical asset allocation to manage risk and optimize return for Asia Division
- Effectively communicate with stakeholders at various levels both in Asia and North America
- Pro-actively following up on recommendations
- Has a strong sense of ownership and work ethic to see projects to completion
- Has credibility and presence amongst peers and senior management through strong verbal, written and presentation skills
- Ability to drive projects through providing appropriate project framework, clarity on content and deliverables and effectively engaging and managing stakeholders
- Able to work effectively in a team environment and across multiple disciplines
- FSA/FCIA with investment experience, or Masters in a quantitative discipline, or CFA/PRM/FRM, or other relevant risk management designation
- Minimum 8 years working experience in a financial risk management or in an investment environment
Asset Liability Management Job Description
- MIS reporting to DCPE / Management
- Master degree in Economics, Finance, Mathematics or Engineering
- 7+ years relevant working experience in international banking/ financial services environment
- Experience in Interest Rate Risk related role within Finance & Banking (including Treasury, Risk Management, Funding, Capital Markets, Corporate Finance, Consulting)
- Outstanding quantitative, qualitative and analytical skills
- Ability to closely collaborate across Front Office and Corporate Functions and levels of seniority
- Ability to steer and contribute to multiple projects with a high attention to detail and ability to turn analysis into insights/ recommendations
- Excellent verbal and written communication skills in English, German is an asset
- Run the monthly production of IRR and liquidity risk metrics and support the execution of balance sheet stress testing
- Work with Senior Management, Investment Portfolio Managers, Business Units, and Market Risk, and Planning to accurately model, value, and forecast key products such as Investment Securities, Structured Products, Mortgage Loans, Wholesale Loans, Deposits, Long-term Debt, Repos, Swaps, Options, Caps, Floors, Equity
- Ensure all new products launched have an appropriate asset allocation strategy
- A financial services professional with 4 to 6 years experience in both actuarial and investment field
- In-depth knowledge and experience of actuarial modeling processes, especially those supporting asset allocation
- Thriving in multi-cultural working environment
- Undergraduate degree in economics, finance, accounting, mathematics, or similar field
- Implement and support IRR and liquidity related analytics and projects