Bank of the West Sr Lead Risk Analyst in San Ramon, California
Sr Lead Risk Analyst
What sets Bank of the West apart from
other banks is our team members–they embody the optimistic spirit of the West.
There is a spirit here that drives us to do more. Our team of more than 10,000
employees is vital to the success of our Bank. They reflect our modern western
values—straightforward, entrepreneurial and optimistic. We seek to create a
corporate culture that fosters and rewards excellence, encourages creative
thinking and respects diversity – an environment where team members are
engaged, supportive of one another and enthusiastic about serving our
customers. Bank of the West offers the stability of a company that has a 135
year history and is part of BNP Paribas, a European leader in global banking
and financial services and one of the strongest banks in the world. We offer
opportunities across our diverse business lines – Retail Banking, Commercial
Banking, National Finance, and Wealth Management.
Senior 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 QRM software.
this role you will:
Partner with finance, accounting, and
business units to forecast net interest income for the annual budget and
quarterly forecast for the Bank
Work with the Treasury strategy team
to complete the forecast of the Treasury balance sheet position and P&L
Validate data input, assumptions and
results of forecasts to ensure modeling outputs and analytics are reasonable.
Perform analyses and reconciliations
of forecasts to other benchmarks including prior forecasts, CCAR results, and
Works with LOB partners and modelers
on fine-tuning assumptions used in the forecast model
Assist with other forecasting
production processes including Liquidity Forecasting and the Bank’s Capital
Planning Process (CCAR and DFAST)
Analyze financial data, summarize,
and provide a concise and meaningful narrative discussion of discrepancies
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.
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
Works on Ad-hoc requests from
- Bachelor’s Degree in Business or
- Master’s/Advanced Degree in
Business or Finance preferred
- Experience with QRM or Bancware
ALM systems preferred
- Experience with reconciling and
analyzing large data sets via SQL preferred
- 10 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
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: 044195