AgriBank (St. Paul, MN)
Asset Liability Management Analyst (onsite/hybrid)
AgriBank (St. Paul, MN), Saint Paul, Minnesota, United States, 55199
Asset Liability Management Analyst (onsite/hybrid)
Position Overview
As a key member of the Asset Liability Management team in AgriBank's Treasury department, you will be a part of AgriBank’s mission to support the people who feed the world. The Asset Liability Management (ALM) Analyst analyzes balance sheet risks, positions, and performance for AgriBank’s $140+ billion balance sheet. Through understanding and use of the funding process and model for loans and investments, the ALM Analyst contributes to the funding decisions for balance sheet activity. This role also supports forecasting net interest income and the balance sheet managers by analyzing investment and hedging strategies.
Job Functions
Balance Sheet Management and Financial and Risk Analysis: Develops, designs, and completes in-depth analyses to understand and support the management of various balance sheet risks, with direction from others
Uses sophisticated financial models to assess risk and evaluate strategies
Develops and prepares management reports and executive summaries on AgriBank’s balance sheet strategies, risks, positions, and performance for a variety of audiences
Interprets reports and results to support recommendations to manage the balance sheet and associated risks
Improves reporting and analytics, including enhancing compliance and management reports and advancing in-house developed financial models and analyses
Supports the Balance Sheet Managers by understanding and contributing to investment and hedging strategies
Monitors financial and interest rate markets and relationships to identify trends to recommend and support strategies
Collaborates with the Treasury Risk Management and Loan Pricing teams to ensure appropriate modeling and measurement of AgriBank’s entire balance sheet and interest rate risks
Supports the evaluation of new lending products and assists in designing the construction, optionality, and characteristics of lending products
Monitors compliance with Treasury operating guidelines and Asset Liability Committee (ALCO) limits
Funding
Understands and uses the funding process and model for loans and investments
Analyzes and forecasts balance sheet activity to assist with preparing a monthly funding plan
Produces analysis to help determine the amount and structure of debt to issue, staying within approved strategies, guidelines, and limits, to fund and manage interest rate and liquidity risk
Provides research to support funding actions and strategies based on understanding loan and investment activity and positions
Monitors special loan pricing activity and provides support for recommended funding actions
Analyzes and supports the decision to exercise options on callable bonds
Supports the development and design of the funding process model
Forecasting
Compiles data and analysis to support the modeling of forecasted balances by month of all loan, investment, and debt accounts, other assets and liabilities, and various income and expense components including funding differential and fee income
Reviews results and ongoing forecasts to help support the analysis and explanation of changes in the Treasury elements of the business plan
Contributes to updates with the Controllers department and Enterprise Risk Management team through the business planning and forecast update cycles
Projects and Governance
Contributes to continual process improvement, leveraging best practices, standardization, and automation
Leads or supports Treasury projects relative to balance sheet management, funding, forecasting, or interest rate risk management
Supports governance of Treasury models, analysis, and reporting
Gathers, reviews and compiles monthly materials for Market Risk Committee, Asset/Liability Committee, AgriBank Board of Directors and other Farm Credit System recipients
Education And Experience
Bachelor’s degree in finance, statistics, actuarial science, mathematics, engineering, computer science or a related field
1-3 years' related experience
Or an equivalent combination of education and experience sufficient to perform the essential functions of the job
Knowledge
Intermediate knowledge of QRM
Intermediate knowledge of banking industry lending, funding, investments, hedging and asset/liability management practices
Intermediate knowledge of financial, economic and statistical concepts
Intermediate knowledge of financial markets and macroeconomic assessment
Basic knowledge of US GAAP accounting practices
Skills
Intermediate proficiency with statistical software or statistical spreadsheet tools (e.g., R, Python, MATLAB)
Intermediate proficiency with structured query language (SQL) and relational databases
Intermediate proficiency in querying large data sets
The AgriBank Advantage You are the key differentiator in the marketplace and ultimately the most important factor in helping us fulfill our mission to support those who feed the world. We are committed to providing you with a competitive compensation and benefits package — your total rewards for making significant contributions to our business and making a difference on behalf of those we serve.
The typical base range for this role is between $68,000-$104,000. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. The position is eligible for a discretionary annual incentive program driven by organization and individual performance.
Benefits AgriBank benefits provide safety, security, and peace of mind for you and your family. Through comprehensive Total Rewards, access to financial tools and support, and personal services, our benefits demonstrate that employees’ health and financial well-being are of primary importance. Wherever you are on life’s continuum or what life transition you experience, our benefits support your health care needs and guide you along the path to retirement.
Collaboration and Staying Connected
Beautiful office overlooking many of St. Paul’s landmarks, with exceptional space to collaborate with your colleagues and friends
Monthly employee activities to keep groups connected and have fun!
Annual Employee Appreciation activities
Multiple recognition programs to celebrate each other’s success
Work and Life
Paid time off
Company holidays
Floating holidays
Sick time
Right Work/Right Place hybrid work program
Dress for Your Day flexible wardrobe policy
Generous company match on employee donations
Growth and Development
Employee and leader career development toolkits
Tuition reimbursement
Internal and external resources and opportunities to grow personally and professionally
Health, Wellness and Investment/Retirement
Health care plan alternatives to fit your lifestyle, including:
Health Savings Account (HSA) and Flexible Spending Account (FSA)
Dental
Vision
Wellness reimbursement
Investment and retirement planning
Saving today for tomorrow is one of the smartest moves you can make. That’s why AgriBank offers you a generous, competitive and flexible 401(k) plan for your financial well-being:
Fixed Employer Contribution = 3 percent
PLUS, Employer Matching Contribution = $1 for $1 match (vested fully after 4 years) on the first 6 percent of eligible compensation you save
Life and disability insurance plans for eligible team members and their families
Free exercise facility onsite for all employees
Parking and transportation discounts
Generous employee referral incentive
Join the dedicated professionals at AgriBank and put your skills to work ensuring farmers and rural communities have the innovative financial solutions they need to feed our neighbors and the world.
AgriBank will not sponsor a work visa (e.g., H1B, etc.) to fill this position.
Applicants requiring a reasonable accommodation for any part of the application process may contact us through the following methods: Phone: 651-282-8578 or Mail: AgriBank, Attn: Talent Recruiting, 30 E 7th Street, Suite 1600, St. Paul, MN 55101.
In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.
AgriBank FCB is an Equal Opportunity Employer (M/W/D/V) dedicated to diversity in the workplace and offers a great work environment. All qualified applicants will receive consideration for employment without regard to race, color, gender, age, religion, national origin, handicapped status, veteran status, public assistance status or other condition or status prohibited by law.
Senioriy level
Entry level
Employment type
Full-time
Job function
Finance and Sales
Industries
Banking
Join and apply today to become part of AgriBank. This description is not all-inclusive and may be amended at any time.
#J-18808-Ljbffr
As a key member of the Asset Liability Management team in AgriBank's Treasury department, you will be a part of AgriBank’s mission to support the people who feed the world. The Asset Liability Management (ALM) Analyst analyzes balance sheet risks, positions, and performance for AgriBank’s $140+ billion balance sheet. Through understanding and use of the funding process and model for loans and investments, the ALM Analyst contributes to the funding decisions for balance sheet activity. This role also supports forecasting net interest income and the balance sheet managers by analyzing investment and hedging strategies.
Job Functions
Balance Sheet Management and Financial and Risk Analysis: Develops, designs, and completes in-depth analyses to understand and support the management of various balance sheet risks, with direction from others
Uses sophisticated financial models to assess risk and evaluate strategies
Develops and prepares management reports and executive summaries on AgriBank’s balance sheet strategies, risks, positions, and performance for a variety of audiences
Interprets reports and results to support recommendations to manage the balance sheet and associated risks
Improves reporting and analytics, including enhancing compliance and management reports and advancing in-house developed financial models and analyses
Supports the Balance Sheet Managers by understanding and contributing to investment and hedging strategies
Monitors financial and interest rate markets and relationships to identify trends to recommend and support strategies
Collaborates with the Treasury Risk Management and Loan Pricing teams to ensure appropriate modeling and measurement of AgriBank’s entire balance sheet and interest rate risks
Supports the evaluation of new lending products and assists in designing the construction, optionality, and characteristics of lending products
Monitors compliance with Treasury operating guidelines and Asset Liability Committee (ALCO) limits
Funding
Understands and uses the funding process and model for loans and investments
Analyzes and forecasts balance sheet activity to assist with preparing a monthly funding plan
Produces analysis to help determine the amount and structure of debt to issue, staying within approved strategies, guidelines, and limits, to fund and manage interest rate and liquidity risk
Provides research to support funding actions and strategies based on understanding loan and investment activity and positions
Monitors special loan pricing activity and provides support for recommended funding actions
Analyzes and supports the decision to exercise options on callable bonds
Supports the development and design of the funding process model
Forecasting
Compiles data and analysis to support the modeling of forecasted balances by month of all loan, investment, and debt accounts, other assets and liabilities, and various income and expense components including funding differential and fee income
Reviews results and ongoing forecasts to help support the analysis and explanation of changes in the Treasury elements of the business plan
Contributes to updates with the Controllers department and Enterprise Risk Management team through the business planning and forecast update cycles
Projects and Governance
Contributes to continual process improvement, leveraging best practices, standardization, and automation
Leads or supports Treasury projects relative to balance sheet management, funding, forecasting, or interest rate risk management
Supports governance of Treasury models, analysis, and reporting
Gathers, reviews and compiles monthly materials for Market Risk Committee, Asset/Liability Committee, AgriBank Board of Directors and other Farm Credit System recipients
Education And Experience
Bachelor’s degree in finance, statistics, actuarial science, mathematics, engineering, computer science or a related field
1-3 years' related experience
Or an equivalent combination of education and experience sufficient to perform the essential functions of the job
Knowledge
Intermediate knowledge of QRM
Intermediate knowledge of banking industry lending, funding, investments, hedging and asset/liability management practices
Intermediate knowledge of financial, economic and statistical concepts
Intermediate knowledge of financial markets and macroeconomic assessment
Basic knowledge of US GAAP accounting practices
Skills
Intermediate proficiency with statistical software or statistical spreadsheet tools (e.g., R, Python, MATLAB)
Intermediate proficiency with structured query language (SQL) and relational databases
Intermediate proficiency in querying large data sets
The AgriBank Advantage You are the key differentiator in the marketplace and ultimately the most important factor in helping us fulfill our mission to support those who feed the world. We are committed to providing you with a competitive compensation and benefits package — your total rewards for making significant contributions to our business and making a difference on behalf of those we serve.
The typical base range for this role is between $68,000-$104,000. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. The position is eligible for a discretionary annual incentive program driven by organization and individual performance.
Benefits AgriBank benefits provide safety, security, and peace of mind for you and your family. Through comprehensive Total Rewards, access to financial tools and support, and personal services, our benefits demonstrate that employees’ health and financial well-being are of primary importance. Wherever you are on life’s continuum or what life transition you experience, our benefits support your health care needs and guide you along the path to retirement.
Collaboration and Staying Connected
Beautiful office overlooking many of St. Paul’s landmarks, with exceptional space to collaborate with your colleagues and friends
Monthly employee activities to keep groups connected and have fun!
Annual Employee Appreciation activities
Multiple recognition programs to celebrate each other’s success
Work and Life
Paid time off
Company holidays
Floating holidays
Sick time
Right Work/Right Place hybrid work program
Dress for Your Day flexible wardrobe policy
Generous company match on employee donations
Growth and Development
Employee and leader career development toolkits
Tuition reimbursement
Internal and external resources and opportunities to grow personally and professionally
Health, Wellness and Investment/Retirement
Health care plan alternatives to fit your lifestyle, including:
Health Savings Account (HSA) and Flexible Spending Account (FSA)
Dental
Vision
Wellness reimbursement
Investment and retirement planning
Saving today for tomorrow is one of the smartest moves you can make. That’s why AgriBank offers you a generous, competitive and flexible 401(k) plan for your financial well-being:
Fixed Employer Contribution = 3 percent
PLUS, Employer Matching Contribution = $1 for $1 match (vested fully after 4 years) on the first 6 percent of eligible compensation you save
Life and disability insurance plans for eligible team members and their families
Free exercise facility onsite for all employees
Parking and transportation discounts
Generous employee referral incentive
Join the dedicated professionals at AgriBank and put your skills to work ensuring farmers and rural communities have the innovative financial solutions they need to feed our neighbors and the world.
AgriBank will not sponsor a work visa (e.g., H1B, etc.) to fill this position.
Applicants requiring a reasonable accommodation for any part of the application process may contact us through the following methods: Phone: 651-282-8578 or Mail: AgriBank, Attn: Talent Recruiting, 30 E 7th Street, Suite 1600, St. Paul, MN 55101.
In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.
AgriBank FCB is an Equal Opportunity Employer (M/W/D/V) dedicated to diversity in the workplace and offers a great work environment. All qualified applicants will receive consideration for employment without regard to race, color, gender, age, religion, national origin, handicapped status, veteran status, public assistance status or other condition or status prohibited by law.
Senioriy level
Entry level
Employment type
Full-time
Job function
Finance and Sales
Industries
Banking
Join and apply today to become part of AgriBank. This description is not all-inclusive and may be amended at any time.
#J-18808-Ljbffr