Bank of the West Sr Lead Risk Analyst in San Ramon, California
Sr Lead Risk Analyst
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
Sr Lead Risk Analyst - Treasury ALM
The Treasury ALM department has an immediate opening available for
a Sr Lead Risk Analyst. Treasury ALM reports to the Bank's Asset Liability
Committee (ALCO), which determines the desired interest rate and liquidity risk
position of the Bank and establishing the guidelines to achieve that position
in given market environment.
This position is part of
the ALM Analytics team, responsible for providing analytical support for the
Bank’s asset and liability management functions, such as net interest income
(NII), economic value of equity (EVE), balance sheet gaps, and stress testing
analyses. The successful candidate will
be working closely with our partners to develop new processes and automation
solutions through the Quantitative Risk Management (QRM) software.
this role you will:
Lead the development and delivery of
QRM solutions to help facilitate changing regulatory or internal risk
Partner with other Treasury teams (Strategy,
Modeling, COO, Front Office) to plan, design, and execute on QRM-enhancement
Responsible for the on-going
configuration and enhancement of the QRM system to ensure all production needs
Provide guidance and training to
other team members over QRM capabilities and functions
Validate current processes to ensure
alignment between ALM model and financial planning process
Analyze financial data, summarize,
and provide a concise and meaningful narrative discussions
Works with LOB partners and modelers
on fine-tuning assumptions used in the forecast model
Develop tools to automate and
streamline processes utilizing strong controls and consistent design to improve
granularity, accuracy, and timeliness of analytics.
Optimize the QRM software to
maximize performance and ensure adequate controls are enforced.
Assist with other forecasting
production processes including Budget, Liquidity Forecasting and the Bank’s
Capital Planning Process (CCAR and DFAST)
Leverage knowledge in extracting
and analyzing data through various systems including Oracle Hyperion Suite
(HFM, Essbase, and Planning), SQL, etc.
Compile consolidated data and
reports for ALCO, Treasury, Reporting, FP&A, Capital Management, IHC, and BNPP
Works on Ad-hoc requests from
- Bachelor’s Degree in Business or
- Master’s/Advanced Degree in
Business or Finance preferred
- Experience with QRM, Bancware, or
other large bank asset liability systems required
- Experience with reconciling and
analyzing large data sets via SQL preferred
- 7 years of directly related
experience in financial institution
- Expertise with reconciling and
analyzing large data sets
- Advanced spreadsheet skills,
including pivot tools and chart design
- Knowledge of economics, financial
accounting & analysis, and banking
- Quantitative knowledge and
- Knowledge of Microsoft SharePoint
- Excellent communication skills,
including an ability to clearly communicate complex financial concepts
- Highly motivated, responsible,
organized, and curious individual with uncompromising ethics and integrity
Requires mastery level knowledge of job area typically obtained through advanced education combined with experience.
May have deep knowledge of project management.
Requires 10 years minimum prior relevant experience.
- Bachelor's Degree
Familiarity with model validation and governance in a Bank, Thorough understanding of Bank ALM management, including key measures used by Banks to assess interest rate and liquidity risk.
Knowledge of QRM, Excellent financial modeling and empirical research skills with hands-on experience in model validation/quality assurance systems.
Demonstrated quantitative financial knowledge in the following financial models: stochastic interest rate, prepayment, spread, default, and cash flow.
Ability to analyze, apply, interpret, and communicate complex technical results to non-quantitative audiences and develop presentations of all models to ensure management’s understanding of operation, purpose, and outputs of models.
Demonstrated project management skills to include working within short timelines and under pressure at times.
Equal Employment Opportunity Policy
Bank 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 Finance
Location: United States-California-San Ramon
Requisition ID: 046279