Demo

Budgeting and ALM Officer

bankESB
Easthampton, MA Full Time
POSTED ON 4/21/2025
AVAILABLE BEFORE 5/19/2025

OVERVIEW / DESCRIPTION

Lead Budget and ALM team, overseeing strategic planning, budgeting, financial analysis, and Asset Liability Management (ALM). Develop programs, policies, and procedures, and manage staff to ensure alignment with business goals.

PRIMARY ACCOUNTABILITIES / RESPONSIBILITIES :

  • Strategic and Capital Planning :

Develop strategic and capital plans across multiple banks.

  • Direct budget creation and reporting processes.
  • Financial Analysis and Reporting :
  • Analyze operating results and financial forecasts.

  • Develop measurement techniques and reports to assess performance.
  • Asset Liability Management (ALM) :
  • Manage ALCO meeting materials and planning.

  • Coordinate interest rate metrics modeling.
  • Oversee investment and funding reporting.
  • Balance Sheet Management :
  • Model liquidity, funding, investment, loan, and deposit strategies.

  • Ensure compliance with sub-debt covenants and credit lines.
  • Generate capital levels and stress testing models.
  • Treasury Function :
  • Provide backup for CFO and Controllers.

  • Support Controllers with wires, investments, and funding.
  • Staff Management :
  • Manage Finance and ALM processes and staff.

  • Foster relationships between Corporate Finance and business units.
  • POSITION REQUIREMENTS :

  • Bachelor's degree in Finance or Accounting; MBA or CFA preferred.
  • 10-15 years of banking experience.
  • Experience in budgeting, ALM, and balance sheet management.
  • Profitstars profitability and ALM preferred.
  • Strong strategic, analytical, and organizational skills.
  • Familiarity with financial institution products and policies.
  • Proficiency with data warehouse systems and accounting software.
  • Ability to meet deadlines and manage staff effectively.
  • An Affirmative Action / Equal Opportunity Employer of protected veterans and individuals with disabilities. Applicants for employment are considered without regard to race, creed, color, religion, sex, gender identity, sexual orientation, marital status, genetic information, national origin, age, disability, status as a veteran, Vietnam Era Veteran, or being a member of the Reserves or National Guard. Also, it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Budgeting and ALM Officer?

    Sign up to receive alerts about other jobs on the Budgeting and ALM Officer career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $60,556 - $77,464
    Income Estimation: 
    $74,615 - $94,187
    Income Estimation: 
    $74,615 - $94,187
    Income Estimation: 
    $94,885 - $121,410
    Income Estimation: 
    $94,885 - $121,410
    Income Estimation: 
    $117,113 - $153,997
    Income Estimation: 
    $127,862 - $172,812
    Income Estimation: 
    $164,723 - $225,977
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at bankESB

    bankESB
    Hired Organization Address Northampton, MA Full Time
    Primary Accountabilities / Responsibilities: Performs any functions necessary within the scope of authority and expertis...
    bankESB
    Hired Organization Address Easthampton, MA Full Time
    Primary Accountabilities / Responsibilities: Performs any functions necessary within the scope of authority and expertis...
    bankESB
    Hired Organization Address Marion, MA Full Time
    Primary Accountabilities / Responsibilities: Performs any functions necessary within the scope of authority and expertis...
    bankESB
    Hired Organization Address Braintree, MA Part Time
    Primary Accountabilities / Responsibilities: Performs any functions necessary within the scope of authority and expertis...

    Not the job you're looking for? Here are some other Budgeting and ALM Officer jobs in the Easthampton, MA area that may be a better fit.

    ALM Actuary

    MassMutual, Springfield, MA

    Corporate Budgeting Specialist

    Talent Groups, Holyoke, MA

    AI Assistant is available now!

    Feel free to start your new journey!