Asset Liability Management Lead

National Rural Utilities Cooperative Finance Corporations - Dulles, VA

Full-time - Senior

Hybrid - Dulles, VA

Credit Intermediation and Related Activities

About the position

Join a member-driven leader in a fast-paced, challenging and collaborative environment with the shared mission of supporting America's network of rural electric cooperatives. Since its formation in 1969, National Rural Utilities Cooperative Finance Corporation, or CFC, located in Dulles, Virginia, has provided capital and industry-leading financial products to more than 900 not-for-profit, consumer-controlled utility systems across the United States. Our exceptional team delivers the "CFC Difference" that encompasses our values of service, integrity and excellence in all our interactions. CFC has a need for an Asset Liability Management Lead to join the Financial Risk Management team. This is a hybrid position requiring onsite work at our headquarters office in Sterling, VA, as well as optional remote workdays. The Asset Liability Management Lead applies broad based knowledge in Asset Liability Management (ALM) to assist in producing the quarterly CFC Asset-Liability Committee (ALCO) report and risk based quantitative analyses. Additionally, this position contributes toward the production of in-depth, highly relevant and accurate macro-financial analyses that assist in measuring and evaluating CFC's financial condition (e.g. interest rate risk and counterparty credit risk).

Responsibilities

• Perform financial analysis for inclusion in the ALCO report.
• Streamline and effectively manage CFC's ALM model to assess CFC's financial condition and interest rate risk exposure and the impact of multiple stress scenarios and new business forecasts on CFC's financial results.
• Produce accurate measurements of financial risk that highlight important trends, developments, and emerging risks and computes key financial performance indicators.
• Compute quantitative financial industry benchmarks across the financial sector and conducts in-depth comparative analysis and research in a timely and detailed basis.
• Manage CFC's daily loan rate setting process-ensures loan pricing model is operating efficiently and without error and is effectively transferring CFC's prevailing cost of funds.
• Monitor counterparty credit strength and assesses counterparty credit risk exposures by managing the Counterparty Credit Risk Scoring Model (CCRSM).
• Research industry trends and standards that may impact asset and liability management strategies.
• Communicates effectively with internal and external stakeholders, including senior management, to provide insights and recommendations on asset and liability management strategies.

Requirements

• Bachelor's degree in Finance, Economics or Accounting.
• 10 years of professional experience in ALM, financial risk management, treasury, FP&A, corporate finance or capital markets.
• CFA or FRM certification preferred.
• Advanced understanding of banking industry risk management best practices.
• Knowledge of treasury, counterparty credit risk management best practices, derivative products and debt capital market operations preferred.
• Advanced knowledge of Bloomberg L.P. and risk management systems (e.g. Bancware, QRM).
• Knowledge of S&P Capital IQ, SNL or any other financial data platform is a plus.
• Excellent verbal and written communication skills.
• Strict attention to detail.
• Ability to present complex subjects to senior management.
• Advanced quantitative analysis and financial modeling skills.
• Experience with Power BI or similar business intelligence and data visualization tools.
• Advanced MS Office skills, specifically Excel with VBA, SQL or other programming languages preferred.

Nice-to-haves

• CFA or FRM certification preferred.
• Knowledge of treasury, counterparty credit risk management best practices, derivative products and debt capital market operations preferred.
• Knowledge of S&P Capital IQ, SNL or any other financial data platform is a plus.

Benefits

• Hybrid work options
• Annual incentive opportunities
• Employer-paid pension plan
• 401(k)
• Medical, dental and vision insurance
• Generous leave policy
• Onsite gym
• Friendly, professional work environment