Manager, Asset and Liability Management and Analysis

Benefits Overview

A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. In order to be the best, we hire the best!

 

Benefits Offered by CoBank

• Careers with a purpose
• Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of respect and inclusion
• Recognize a fellow associate through our GEM awards

 

Job Description

Ensures the proper measurement, monitoring, and communication of CoBank's Treasury earnings, including investment and funding strategies and capital positioning. Analyzes and communicates Treasury earnings trends and the potential impact of Treasury and capital strategies. Provides in-depth financial analysis of the bank's business models. Conducts other analysis for the Finance and Treasury functions. Manages a staff of financial analysts.

Essential Functions

• Manages the overall Treasury-related forecasting and budgeting processes, including net interest income and operating expenses.
• Manages the selection, implementation, and maintenance of both financial risk management and traditional asset/liability management applications and interfaces, and analytic support systems for other treasury functions.
• Contributes to overall risk management modeling architectures and validation procedures and ensures the consistency and integrity of modeling techniques.
• Ensures that Treasury-related ALM models are aligned with Risk Management models.
• Oversees simulation modeling of risk positions and alternative investment, funding, and derivatives activities. Reports on risk positions to senior management and works with treasury management to interpret and evaluate analysis to improve capital investments strategies.
• Directs analysis of the bank's Treasury net interest income and identification of evolving trends in balance sheet components. Coordinates with profitability measurement group to ensure consistency of reported results.
• Ensures the timeliness and accuracy of reports and analysis required to monitor and manage CoBank's Treasury strategies and earnings.
• Directs and/or performs ad-hoc analysis related to various Treasury, Finance and capital activities.
• Assists Director with research and analysis supporting managment initiatives.
• Fosters innovation initiatives and helps identify other areas of application within Finance, including data collection and appropriate analytical tools.
• Leads process improvement, automation, standardization, and process development.
• As a people manager at CoBank, you will be expected to manage and lead associates. Responsibilities include, but are not limited to, associate performance management, talent strategy, workforce planning, change management, conflict resolution, and relationship management. You will drive and be accountable for the team’s development, alignment with the division’s objectives, as well as with CoBank’s strategy and mission.

Education

• Bachelor's Degree required

Work Experience

• 10 years of relevant experience in a treasury or financial markets environment. required
• Prior Experience of Financial Risk Management, ALM Software Tools, Financial Analysis, Interest Rate Risk Management preferred

Physical Exertion Details

Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Travel Requirement Details

Occasional Travel occurs infrequently (typically, once a month or less).

About CoBank

The typical base pay range for this role is between $133,100 - $163,700. Compensation may vary based on individual job-related knowledge, s