This role focuses on analyzing and communicating the bank's interest rate risk exposure through detailed modeling and reporting. You'll produce monthly assessments of the balance sheet, interpret shifts in risk metrics, and present findings to senior leaders to inform strategic decisions.
What You'll Do
- Conduct monthly evaluations of interest rate risk using the Quantitative Risk Management (QRM) model and deliver reports to executive management
- Explain key factors influencing changes in risk exposure in alignment with regulatory expectations
- Collaborate with Treasury and business units to refine balance sheet assumptions and improve forecast accuracy
- Run and interpret multiple scenario analyses within QRM to assess sensitivity to interest rate movements
- Develop custom reports using spreadsheet, OLAP, and Business Intelligence tools to enhance analytical depth
- Document methodologies and maintain procedural records for modeling and reporting workflows
- Support the development of asset liability strategies and provide guidance to junior analysts
- Ensure data integrity and reporting quality through consistent controls and audit readiness
- Identify and escalate risk-related concerns in line with the organization’s risk appetite
- Uphold internal control standards and respond to internal and external audit findings
Requirements
- Bachelor’s degree with demonstrated coursework and ability in Finance, Accounting, or Economics
- At least two years of experience in risk management, with direct exposure to balance sheet analysis
- Experience using Quantitative Risk Management (QRM) software
- Strong quantitative, financial, and statistical reasoning skills
- High level of attention to detail and mathematical proficiency
- Advanced skills in spreadsheets, databases, and word processing applications
- Effective communication and interpersonal abilities
- Commitment to continuous learning and regulatory compliance
Preferred Qualifications
- Master of Business Administration (MBA)
- Chartered Financial Analyst (CFA) designation
- Two or more years of direct Asset/Liability Management experience
- Familiarity with Andrew Davidson & Co (AdCo) or similar modeling platforms
- Background in modeling financial instruments mathematically
- Understanding of banking products and services
- Proficiency in data analytics tools and techniques
- Demonstrated success in managing multiple priorities under tight deadlines
