The posting
We’re always looking for diverse, talented, service-oriented people to join our exceptional team.
ALM Analyst (Asset Liability Analyst)
The pay range for this position is listed below. Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for room for growth and tenure achieved in a role over time. Typical new hire salary offers fall within the minimum to midpoint of a pay range for many candidates. Any offer extended to a candidate will be based upon their unique set of knowledge, skills, education, and experience as well as internal equity.
Pay Range:
$78,419.00 - $117,628.00
Scheduled Weekly Hours:
40
What You’ll Be Doing
The Asset Liability Management (ALM) Analyst supports the Credit Union's asset/liability management, liquidity risk management, and capital planning functions through financial analysis, forecasting, and reporting. Working under the guidance of senior teammembers, the analyst assists in the development and maintenance of balance sheet, net interest income (NII), net economic value (NEV), and liquidity forecasts used to assess the impact of changing economic conditions on the Credit Union's financial position. This role is responsible for gathering and validating data, supporting risk analyses, preparing management reporting, and collaborating with teammembers to provide meaningful insights that support balance sheet management and strategic decision-making while building expertise in asset/liability management and financial risk management practices.
- Assists in monitoring and reporting interest rate risk and liquidity risk exposure using Asset/Liability Management ("ALM") software under established scenarios and assumptions.
- Reviews reports and performs analysis to help identify key drivers and support the validation of results.
- Assists with running simulations and generating reports on balance sheet and various interest rate risk metrics.
- Supports the maintenance of input assumptions used in ALM models, including prepayment speeds, deposit decay rates, and deposit betas.
- Obtains, organizes and maintains data used in the ALM software’s monthly processes and assist with data reconciliation.
- Maintains ALM model account attributes and other mo[SK1.1]del inputs under established procedures.
- Supports budget and forecast processes by assisting with cash flow model execution and report preparation.
- Works closely with teammembers to support ALM analyses, reporting requirements and departmental objectives.
- Assists in the monitoring and analysis of liquidity positions, funding sources, and cash flow trends to support the Credit Union's liquidity risk management framework.
- Supports the preparation of liquidity forecasts, stress-testing analyses, and management reports used to evaluate funding adequacy under a range of operating and economic scenarios.
- Demonstrates a basic understanding of economic conditions, interest rate movements and their impact on financial institution balance sheets and profitability.
- Performs routine data mining, analysis, and reporting assignments as assigned.
Additional Job Functions
- Performs other duties as assigned
- Complies with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties. Failure to do so may result in disciplinary and other employment related actions.
Qualifications
- High School Diploma or GED required
- Bachelor's Degree in a related field or equivalent years of experience required
- 1-3 years of prior relevant experience required
Knowledge, Skills, and Abilities
- Knowledge of the following financial systems preferred: FIS BancWare, Empyrean and/or Moody’s ZM desk or Online ALM
- Basic understanding of financial principles and asset liability management (ALM)
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
- Strong analytical and problem-solving abilities, effective communication skills, and willingness to learn and adapt to new financial systems
- Familiarity with data mining and data management concepts, with the ability to write and maintain basic SQL and Snowflake queries
SchoolsFirst FCU is committed to Diverse, Equitable, and Inclusive Hiring
At SchoolsFirst FCU we are dedicated to building and growing a diverse, inclusive, and authentic Dream Team, so if you’re excited about a position or wanting to make a career change but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. Many skills are transferrable and you may be just the right candidate for the position, or for other roles we are working on.
SchoolsFirst Federal Credit Union is committed to fostering, cultivating, and preserving a culture of diversity and inclusion. SchoolsFirst FCU is an equal opportunity employer and prohibits discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibits discrimination against all individuals based on their race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, political affiliation, or genetic information.
This organization participates in E-Verify.



