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Principal Interest Rate Risk StrategistDescriptionAt Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.We are currently seeking motivated and passionate talent responsiblefor identifying and managing the Treasury ALM strategy and steering of ourLines of Business from Liquidity, Interest Rate Risk, and Funds TransferPricing perspective (note this role will have a specialized focus in InterestRate Risk, but knowledge of the other two areas is generally needed). This role will have access to management fromour Lines of Business, Finance and Treasury areas.Essential Job Functions
Develop
and implement strategies designed to improve BoW’s Liquidity, Interest Rate Risk(particular focus) and Funds Transfer Pricing (FTP) frameworks, methodologies,reporting and communications with our business partners.
Steer
our five lines of business through Liquidity, Interest Rate Risk (particularfocus) and FTP concepts to help them maximize the value of the loans anddeposits gathered for the Bank. Conceptsinclude pricing discussions, loan/deposit characteristics that impact ouroverall liquidity and interest rate risk profiles and understanding the impactto LOB financials due to changes to any of the underlying methodologies.
Communicate,
implement and execute Interest Rate Risk actions/changes to ensure thesestrategies are correctly implemented into Treasury’s Interest Rate Risk andLiquidity Metrics and reports.
Assess
impacts of market conditions and interest rate changes on Liquidity, InterestRate Risk and FTP, with communications to LOB’s.
Provide
and present Steering and Strategy related topics to ALCO and relevantSub-Committees as needed.
Implement
process improvements, consistency, governance, controls and oversight.
Oversee
Liquidity, Interest Rate Risk and FTP documentation updates (including ourFramework documents and Committee Charters).
Support
specific strategic initiatives and projects that promote the implementation ofBOW’s long-term strategy with a focus on Liquidity, Interest Rate Risk and FTPtopics.QualificationsQualificationsRequired Experience
A desire to work in a fast pace environment with a dedicated commitment to excellence.
A minimum of 12 years working experience related to Treasury activities with an understanding of the Balance Sheet (loans, deposits, etc), general market rates (LIBOR, Swaps, Treasuries, etc.), interest rate risk management, liquidity management, client pricing, and FTP background, etc.
Strong communications and presentation skills. Role will involve interaction with executive management regarding key changes that will impact LOB profitability.
An ability to work as a team player, accept substantial individual responsibility and proactively create value for the team.
Education
Master's Degree in Business Administration, Finance or Financial Engineering (or other quantitative discipline combined with commensurate experience.)
Skills
Able to meet deadlines.
At least 12 years of experience with fixed income analytics, capital markets, engineering, modeling, planning and forecasting.
Knowledge of Bank of the West balance sheet dynamics is desirable.
Ability to analyze large datasets with SAS or SQL.
Equal Employment Opportunity PolicyBank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.Job: Accounting FinanceLocation: United States-California-San RamonRequisition ID: 050472
Vacancy expired!