Insight Global is looking for a Finance Manager to join the a large financial services client in the Charlotte, NC area. The BSM IRA team is responsible for reporting and analyzing the Bank's Interest Rate Risk (IRR) profile across various metrics, including Net Interest Income (NII), Basel 3 Capital (B3 Capital) and Economic Value of Equity (EVE). The IRA team is responsible for daily, monthly, and quarterly monitoring of the bank's balance sheet positioning as well as ad hoc analytics to support decision making across Treasury. The IRA team starts with the Bank's spot data position and baseline forecast, then applies a variety of interest rate shocks -- both parallel and non-parallel -- to quantify and report the Bank's IRR. The interest rate scenarios are largely focused on +/-100 basis points (bps) shocks, however, larger, and smaller shocks are also modeled, analyzed, and reported. The Bank has established risk limits for each metric across the various interest rate shocks, both at the Risk Appetite Statement (RAS) and non-risk appetite levels.
Key Responsibilities
* Interest Rate Risk measurement and analysis for the banking book
* Multiple tools covering earnings and capital at risk on a daily, weekly, and monthly basis
* Partners with Risk to establish risk appetite and monitor different risk appetite statements and non-risk appetite limits
* Performs routine assumption sensitivity analysis (50+ scenarios impacting base or shock scenarios) ranging from static balance sheet, securities prepayment and reinvestment, deposit rate paid and mix, EVE truncation, etc.
* OCI forecasting for stress testing
* Model development, maintenance, documentation, MRM interaction
* GRRP and EST documentation
We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to
HR@insightglobal.com.
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* Experience with Net Interest Income, Basel 3 Capital/B3 Capital, or Interest Rate Risk
* Familiarity with Essbase, SQL queries, Alteryx, Tableau, Python and TOAD software a plus
Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.