Director of Asset/Liability Management

Overview

The Director of Asset/Liability Management (ALM) leads the organization’s asset-liability management function, with accountability for balance sheet strategy, liquidity and funding management, interest rate risk, and capital planning. This role develops strategies to optimize earnings while maintaining strong risk discipline, regulatory compliance, and alignment with organizational financial objectives.

The Director partners with executive leadership, finance, risk, and business line leaders to support informed decision-making, protect financial stability, and position the bank for sustainable growth.

Responsibilities

• Lead the bank’s asset-liability management strategy, including liquidity, funding, capital, and balance sheet optimization.
• Monitor and manage interest rate risk, liquidity risk, and capital adequacy through modeling, forecasting, stress testing, and scenario analysis.
• Oversee cash flow forecasting, contingency funding planning, and wholesale funding strategies.
• Direct the preparation and presentation of ALCO materials, Treasury reports, and key balance sheet metrics for executive leadership and the board.
• Recommend risk limits, policy standards, and governance practices related to liquidity, interest rate exposure, and capital targets.
• Provide strategic oversight of deposit pricing, funds transfer pricing, and balance sheet assumptions to support profitability and risk management.
• Partner with FP&A, accounting, credit, enterprise risk, and business line leaders to align Treasury and ALM strategies with broader organizational goals.
• Ensure compliance with applicable regulatory requirements and support examinations, audits, and reporting obligations.
• Evaluate market conditions, economic trends, and competitive factors to recommend proactive balance sheet actions.
• Lead, develop, and mentor ALM team members while promoting strong analytical rigor, internal controls, and cross-functional collaboration.
• Work with FP&A to provide periodic forecasts of the Bank's expected interest income and interest expenses.

Qualifications

• Bachelor’s degree in finance, accounting, economics, business, or a related field required; MBA or other advanced degree preferred.
• Minimum of 8-10 years of progressive experience in Treasury, asset-liability management, finance, or risk management within a banking or financial services environment.
• Strong knowledge of liquidity management, interest rate risk, capital planning, and balance sheet strategy.
• Experience with data analytics tools (e.g., SQL, Power BI, Python, Excel/VBA).
• Experience presenting to ALCO, executive committees, or senior leadership.

Preferred Qualifications

• MBA or other advanced degree.

Compensation & Benefits

• Not specified in the provided description.

Location

• This position is eligible for Remote if you live outside of our market footprint.
• Living within the market footprint will lead to an on-site role.

Physical Demands and Working Conditions

• Standard office environment.
• Extended periods at a computer.
• Regular communication in person and by phone.
• Occasional lifting of items up to 25 pounds.
• Reasonable accommodations will be provided to enable individuals with disabilities to perform the essential functions of the position.

Additional Requirements

• Regular and reliable attendance and punctuality are required.
• Must be able to perform the essential functions of the position with or without reasonable accommodation.