Senior Analyst, Asset Liability Management
San Francisco, CA
At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You’ll always feel empowered and valued at First Republic.
Incredible teams doing exceptional work, every day
In Finance, we’re responsible for the Bank’s financial health. We work with teams across First Republic to set growth strategies, explore initiatives, stay ahead of market trends, monitor risk and ensure compliance with the latest regulatory requirements.
The position will be involved in multiple high visibility Finance projects, as well as recurring Asset Liability Management analyses and reporting used by federal regulators, the investment community, and senior management.
What you'll do as a Senior Analyst, Asset Liability Management:
Assist in meeting monthly and quarterly Asset Liability Management risk assessment and reporting requirements by utilizing: Net Interest Income simulations, Economic Value of Equity, and other relevant analyses.
Play an integral hands-on role in the configuration, testing, and ongoing maintenance of an Asset Liability Management risk platform.
Develop and maintain various financial or forecasting/planning models used to project the operating results and risk exposure of the Bank under various macroeconomic and credit environments.
Support various groups within Finance and the Bank with relevant analyses of the impact of business decisions on the bank's interest rate risk exposure, profitability and performance, capital ratios, regulatory requirements, and others.
Perform ad-hoc analyses as needed in a fast and efficient manner.
Assist in the creation of presentation materials for the Asset Liability Management Committee meetings and others as needed.
Take ownership of assigned projects and see them from concept through implementation.
Perform duties & responsibilities specific to department functions & activities or as assigned by supervisor.
Participate in the development of department policies and/or procedures and assist with client specific projects as assigned.
What skills you will use:
Bachelor degree from top tier school; advanced degree and/or professional certification preferred;
Minimum 3 years of experience modeling complex financial instruments in an Asset Liability Management context; 5+ years preferred;
Hands-on experience with ALM systems, QRM preferred;
Excellent presentation and communication skills, both written and verbal;
Ability to present complex and technical information clearly;
Strong attention to detail is extremely important;
Advanced skills in Excel, SQL, and VBA;
Experience with ADCO, Black Knight AFT, or similar models;
Ability and willingness to learn and perform in a fast-paced environment;
Ability to understand quantitative models, test and interpret their impact on ALM results;
Basic Accounting knowledge;
Positive and proactive attitude.
Own your work and your career — apply now
Are you willing to take initiative and make decisions? Are you willing to go the extra mile because you love what you do and how you can contribute as a team? Do you want the freedom to grow and the opportunity to take charge of your own career? If so, then come join us.
We want hardworking team players. You’ll have the independence to learn, lead and drive change. A culture of extraordinary service, empowerment and stability — that’s the First Republic way. Come join us!
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records, to the extent consistent with applicable federal and/or state law.