What are the responsibilities and job description for the Asset/Liability Analyst I position at Centennial Bank?
GENERAL DESCRIPTION OF POSITION
The Asset/Liability Analyst I position assists in daily funding responsibilities as it pertains to asset liability. This position supports the asset liability risk manager model and departmental reporting with funding as well as various reports, documentation and policy. The Asset Liability Analyst I is responsible for manipulation of data and researching results will also be critical with regard to Funding and Asset Liability Committee and Regulatory reporting.
ESSENTIAL DUTIES AND RESPONSIBILITIES
1. Prepare month-end reports for AL and various financial aspects. This duty is performed monthly.
2. Prepare inputs for risk management and liquidity reports. This duty is performed monthly.
3. Assists in preparing sources and uses report stress scenarios. This duty is performed monthly.
4. Prepare inputs used in the asset liability risk manager software. This duty is performed monthly.
5. Understand and analyze the make-up of the Banks’ balance sheet and income statement. This duty is performed daily.
6. Update reports that show current interest rate environment. This duty is performed as needed.
7. Analyze balance sheet and income statement instrument level data from core systems and GL. This duty is performed daily.
8. Provide support for regulatory and internal audit questions and direct interface with ALCO. This duty is performed as needed.
9. The ability to work in a constant state of alertness and in a safe manner. This duty is performed daily.
10. Completes required BSA/AML training and other compliance training as assigned. This duty is performed quarterly.
11. Perform any other related duties as required or assigned.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
EDUCATION AND EXPERIENCE
Technical degree required in such disciplines as Computer Engineering, CPA, etc., plus 19 to 23 months related experience and/or training, or equivalent combination of education and experience.
COMMUNICATION SKILLS
Ability to effectively communicate information and respond to questions in person-to-person and small group situations with customers, clients, general public and other employees of the organization. Ability to read, analyze, and understand general business/company related articles and professional journals; ability to speak effectively before groups of customers or employees. Ability to read, analyze, and understand common scientific and technical journals, financial reports, and legal documents; ability to respond to complex or difficult inquiries or complaints from customers, regulatory agencies, or members of the business community.
MATHEMATICAL SKILLS
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane, algebra, solid geometry and trigonometry.
CRITICAL THINKING SKILLS
Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS
Not indicated.
PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS
Not indicated.
SOFTWARE SKILLS REQUIRED
Mastery: Spreadsheet
Advanced: Accounting, Database
Intermediate: 10-Key, Alphanumeric Data Entry, Contact Management, Other, Presentation/PowerPoint, Word Processing/Typing
WORKING CONDITIONS
Somewhat disagreeable working conditions. Continuously exposed to one or two elements such as noise, intermittent standing, walking, pushing, carrying, or lifting. May involve some travel and/or work is at times, in the evening or during the night hours.
ENVIRONMENTAL CONDITIONS
The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
PHYSICAL ACTIVITIES
The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations.
Semi-repetitive, low physical. Semi-repetitive type work which requires periods of concentration for varied time cycles as prescribed by the tasks.
While performing the functions of this job, the employee is continuously required to sit; regularly required to stand, walk, talk or hear; frequently required to use hands to finger, handle, or feel, reach with hands and arms; and occasionally required to stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision.
ADDITIONAL INFORMATION
- College Degree in Accounting, Finance, Business Administration, or Business
-The work schedule is generally Monday - Friday 8:00 am through 5:00 with occasional overtime required.
Education
Preferred- Bachelors or better
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
