Description

Job description

Business type

Types of Jobs - Risk Management / Control

Job title

Vice President, Senior ALM Specialist

Contract type

Permanent Contract

Job summary

The Vice President, Asset Liability Management (ALM) is a senior leadership role within the U.S. ALM function, designed for an experienced ALM professional who will operate as a second in command or Deputy
Head of ALM-in judgment, communication, and regulatory credibility. This role supports the Head of ALM and the Head of Financial Steering and ALM for the Americas while independently owning core elements of the liquidity, balance
sheet, and interest rate risk framework.

Key Responsibilities

1. Senior Ownership of Liquidity & Balance Sheet Risk

Own major components of the internal liquidity framework:

• Internal Liquidity Stress Testing (ILST)
• Cash-Flow Forecasting (CFF)
• Survival horizon and liquidity buffer analysis Early Warning Indicators (EWIs)
• Independently analyze and explain drivers of liquidity risk movements, including funding mix, intragroup reliance,deposit behavior, and market stress assumptions.

Ensure ALM outputs are logically coherent, consistent over time, and defensible under scrutiny.

2. ALCO & Executive Communication

Act as a trusted senior voice in ALCO discussions, capable of presenting, defending, and challenging balance
sheet decisions.

Draft and deliver clear, structured, regulator-grade written materials for:

• ALCO decks
• Senior management memos
• Internal governance documentation
• Translate technical analysis into plain, precise English that withstands challenge from Treasury, Risk, Finance, and regulators.

3. Regulatory Interaction & Exam Readiness

Serve as a primary ALM counterpart in regulatory interactions related to:
Liquidity stress testing methodology

• FR 2052a structure, movements, and controls
• Contingency Funding Plan (CFP)
• Funding concentration and market access
• Draft regulatory responses and analytical explanations with minimal oversight.

Anticipate supervisory concerns and proactively adjust ALM analysis and documentation.

4. Treasury, Risk & Head Office Interface

Work closely with U.S. Treasury Department while preserving ALM's independent risk perspective.

• Coordinate with 2LOD Liquidity Risk Management on:
  Assumptions
• Methodology reviews
• Governance clarity

Act as a translator between U.S. regulatory expectations and Head Office frameworks, escalating issues with judgment and diplomacy.

5. Data, Controls & Analytical Integrity

Ensure high standards of data quality, assumptions, and controls across ALM reporting and models.

Contribute to modernization efforts (automation, analytics, visualization)

Salary:

$115,000 to $160,000

#LI-DNI

Position location

Geographical area

America, United States Of America

City

NEW YORK

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Required Academic Qualification:

Bachelors Degree

Desired Academic Qualification:

Advanced Degree (MBA, MS Finance/Economics) or CFA

Experience

Required Experience:

6 - 10+ years of experience in ALM, Treasury, or Liquidity Risk
within a large bank or FBO

Demonstrated hands-on experience with:

• Internal liquidity stress testing (beyond LCR/NSFR)
• Cash-flow forecasting
  frameworks
• CFP design and governance
• FR 2052a or equivalent granular liquidity reporting

Direct exposure to regulatory exams and supervisory dialogue.

Strong understanding of:

• U.S. liquidity regulation and
  supervisory expectations
• EPS Category IV implications
  for ALM

Interactions between liquidity, funding, capital, and balance sheet strategy.

Solid product knowledge across:

• Wholesale funding
• Loans and commitments
• Securities financing
• Derivatives and collateral
  mechanics

Required skills

Other Skills Required:

• Advanced Excel, Word, and
  PowerPoint.

Other Skills Desired:

• Familiarity with SQL, Python,
  or visualization tools (Power
  BI) is a plus.

Languages

English Required. French, Spanish, or Portuguese is a plus.