Leads implementation and management of cash flow engine for modeling balance sheet cash flows, IRR analytics including NII/EVE, and behavioral assumptions. Requires 5+ years in bank ALM/IRR, quantitative skills, and proficiency in Excel/Python/SQL.
187k – 260k/yr
Remote5+ YOEFinance & Accounting
About the role
Key Responsibilities
Support the vendor selection and system implementation of the firm's cash flow engine / ALM system
Develop, maintain, and enhance cash flow models for assets and liabilities that will be used for risk monitoring and balance sheet forecasting
Produce and analyze interest rate risk metrics, including NII and EVE under various scenarios
Design, document, and support behavioral assumptions (e.g., prepayments, deposit decay, betas, non-maturity deposit modeling)
Partner with Finance and Risk teams to ensure alignment of modeling assumptions and outputs
Perform scenario analysis and sensitivity testing to support balance sheet strategy and risk management
Ensure data integrity, model accuracy, and compliance with internal policies and regulatory expectations
Support model validation, audit, and regulatory review processes
Identify opportunities to improve automation, efficiency, and model sophistication
Qualifications
Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field (advanced degree preferred)
5+ years of experience in bank ALM, bank Treasury, IRR modeling, or quantitative finance
Strong understanding of:
Bank balance sheets, products, and cash flow drivers
Net Interest Income (NII) modeling
Economic Value of Equity (EVE)
Interest rate risk frameworks
Cash flow hedging
Experience developing and supporting behavioral models and assumptions (e.g., deposits, loans, prepayments)
Hands-on experience with ALM or cash flow engine platforms (e.g., QRM, Empyrean, BancWare, or similar)
Strong quantitative and analytical skills; proficiency in Excel and/or programming tools (Python, SQL, R a plus)
Ability to communicate complex modeling concepts to non-technical stakeholders
Preferred Skills
Experience in banking or financial services
Familiarity with regulatory expectations for IRRBB and model risk management
Experience with model validation or governance frameworks
Strong problem-solving mindset with attention to detail
Compensation
Target new hire base salary ranges:
US employees in New York City, Seattle, Los Angeles or San Francisco: $207,800 - $259,800
US employees outside of New York City, Seattle, Los Angeles or San Francisco: $187,000 - $233,800
Canadian employees (any location): CAD 196,400 - 245,500
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