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Job Title: Asset Liability Interest Rate Analyst
Job Location: MD: Baltimore
Pay Rate: Open
Job Length: full time
Start Date: 2008-03-22
Company Name: Provident Bank
Contact: HR
Phone: email only please
Fax: email only please
Description: Requisition Number 08-0236 Title Asset Liability Interest Rate Analyst Employment Status Full Time Branch/Dept Treasury Division Admin Scheduled Hours 40hours Schedule Mon - Friday City Baltimore State MD Description Provident Bank is an employer that values strengthening and building relationships with our customers, colleagues and communities that we serve. At Provident we value diversity and have an environment where our employees are treated with care and respect, talents developed and achievements are rewarded. In this role, you will support the Banks mission by assisting our customers with achieving their financial goals. Job Summary: Develops and maintains the Asset/Liability financial planning model and provides support to the Asset/Liability Management function Prepares net interest income at risk and market value of equity at risk simulation under various interest rate scenarios Periodically reviews model assumptions and refreshes underlying analytics Analyzes model output to identify interest rate risk inherent within the balance sheet and works with the A/L Manager to develop balance sheet and derivative strategies to protect or improve net interest income in view of forecasted results Works with commercial lenders to provide customized loan products for bank customers Requirements Education(ED), Experience(EX), and Knowledge/Abilities (K/A), required for competent performance in the job:
(ED) Bachelors Degree specializing in Finance, Economics or Accounting
(EX) Two (2) years experience in interest rate risk analysis or two (2) years budgeting and forecasting experience preferred
(K/A) Knowledge of Asset/Liability management theory
(K/A) Knowledge of basic accounting principles and procedures
(K/A) Strong analytical ability to perform financial analysis and forecasts
(K/A) Ability to utilize financial planning models
(K/A) Proficient computer skills including spreadsheet and database applications
(K/A) Strong analytical skills to compare, evaluate and recommend
(K/A) Ability to work independently and under minimal supervision
(K/A) Strong attention to detail and ability to proof work
(K/A) Ability to work effectively as a team player
Please refer to Job code nk-*1E374666414E665C when responding to this ad.
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