What are the responsibilities and job description for the Asset Liability Manager position at Rockland Trust?
Asset Liability Manager
Rockland Trust is seeking a highly analytical and experienced Asset Liability Manager to join our team, playing a critical role in managing the balance sheet risk of a dynamic $25 billion commercial bank. This pivotal position provides key insights and execution support essential to maintaining the bank's financial stability and profitability objectives.
This position will report directly to the Director of ALM & Investments. Using Empyrean, you will support all aspects of Asset Liability Management to help achieve organizational improvements related to cashflow modelling and forecasting, interest rate and liquidity risk identification and mitigation, model risk management and ad hoc financial analysis.
ESSENTIAL FUNCTIONS
- Support the ongoing implementation and execution of risk management systems and applications from data management to Board-level reporting
- Responsible for production of interest rate and liquidity risk reporting, reviewing calculations and approaches for validity and accuracy
- Review compliance against regulatory and/ or internal policy limits and report on findings to senior leadership
- Prepare analysis for regulatory, risk and internal audit requirements
- Develop and maintain model technical documents, recommends strategies for improving system applications and build out internal controls
- Produce ad-hoc analysis and reporting regarding industry trends, financial performance, and profitability analyses on the company's balance sheet
- Develop customized solutions within the platform to support critical business functions and meet project objectives, client requirements, and company goals
Qualifications - External
- 5-10 years of Treasury / ALM experience at a bank or financial institution.
- Experience with Empyrean is preferred
- Highly organized with exceptional attention to detail and effective verbal and written communication skills
- Ability to identify and resolve discrepancies with minimal supervision
- Ability to prioritize work assignments to maintain effective department operations
- Demonstrated ability to initiate and implement improvement to Treasury controls and procedures
- High degree of flexibility to perform a diverse scope of duties, which are key to the efficient operation of the Treasury
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint) and other work-related systems as needed
- Bachelor's degree, or an Associate's degree combined with relevant business experience
Our goal is to offer our colleagues the most generous benefits package possible. We strive to provide colleagues with a comprehensive benefits package and an environment that supports a healthy work-life balance. Benefits include: Competitive compensation with performance incentive awards, Health Insurance, Dental Insurance, a 401K and DC Plan for your retirement, LTD & Life Insurance, Day Care Reimbursement, Tuition Assistance for graduate and undergraduate programs, an award winning Wellness program and much more!
At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law.
"Rockland Trust is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law. We recognize that in competitive financial services markets, employees make the difference between an ordinary company and an excellent one. Employees come to Rockland Trust with different backgrounds and experiences. These differences together can result in greater creativity, better insights, and improved decision-making, all vital to Rockland Trust's success in the New England marketplace.
If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact 781.982.6198 or email Careers@RocklandTrust.com for assistance. "