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ALM Manager
Prijs op aanvraag
Details
- Dienstverband
- Fulltime
- Op afstand
- Ja
- Bedrijf
- Upstart
- Niveau
- Director
Beschrijving
About Upstart
At Upstart, we’re united by a mission that matters: to radically reduce the cost and complexity of borrowing for all Americans. Every day, we bring creativity, experimentation, and advanced AI to reshape access to credit, helping millions move forward financially with clarity and confidence.
As the leading AI lending marketplace, we partner with banks and credit unions to expand access to affordable credit through technology that’s both radically intelligent and deeply human. Our platform runs over one million predictions per borrower using more than 3,000 signals, powering smarter, fairer decisions for millions of customers. But the numbers only hint at the impact. Every idea, every voice, and every contribution moves us closer to a world where credit never stands between people and their financial progress.
We’re proudly digital-first, giving most Upstarters the flexibility to do their best work from wherever they thrive, alongside teammates across 80+ cities in the US and Canada. Digital-first doesn’t mean distant. We’re intentional about in-person connection through team onsites, planning sessions, and moments that spark creativity and trust. And whether you choose to work primarily from home or collaborate in-person from one of our offices in Columbus, Austin, the Bay Area, or New York City, you’ll have the support to work in the way that works best for you.
If you’re energized by tackling meaningful problems, excited to innovate with purpose, and motivated by work that truly matters, we’d love to hear from you.
The Team:
Upstart Bank is a purpose-built, technology-enabled bank that combines innovative lending with disciplined balance sheet and risk management. The Treasury team supports sustainable growth by managing the Bank's funding, liquidity, capital, investment portfolio, and interest rate risk across changing market conditions and economic cycles.
As the ALM Manager, you will own the Bank's first-line asset and liability management and interest rate risk management framework. Reporting to the Bank Treasurer, you will lead implementation and ongoing operation of the Bank's ALM platform, develop and govern key behavioral assumptions, analyze net interest income and economic value sensitivity, and translate model results into balance sheet and risk-management recommendations. You will partner closely with Finance, Risk, Lending, Deposit Product, Accounting, Data, Engineering, and Regulatory Reporting to support a resilient and well-managed balance sheet.
How you’ll make an impact
• Own the Bank's asset and liability management and interest rate risk measurement framework, including net interest income simulation, economic value of equity sensitivity, repricing gap analysis, and other measures used to assess earnings and capital exposure across changing rate environments.
• Lead implementation, configuration, and ongoing administration of the Bank's ALM platform, including data mapping and staging, source-to-model reconciliations, model controls, change management, vendor coordination, and issue resolution.
• Develop, document, and regularly evaluate behavioral and market assumptions, including deposit betas and decay, loan prepayments and curtailments, repricing characteristics, funding rollover behavior, yield curves, and product optionality; perform sensitivity analysis, backtesting, and outcomes analysis.
• Design and evaluate parallel and non-parallel rate shocks, ramps, curve twists, and business-plan scenarios; identify key drivers of risk, monitor limits and early warning indicators, and explain period-over-period changes in the Bank's interest rate risk profile.
• Recommend balance sheet, product pricing, funding, investment, and hedging actions to manage interest rate risk within approved appetite and limits, and partner with business leaders to assess the ALM implications of new products and changes in balance sheet strategy.
• Prepare clear, decision-useful ALM and IRR reporting for the Asset and Liability Committee, executive management, the Board, Internal Audit, and regulators, while supporting policy administration, model risk management, independent validation, examinations, audits, and continuous improvement of Treasury reporting.
Minimum Qualifications
• Bachelor's degree in Finance, Accounting, Economics, Business, Mathematics, Statistics, or a related field, or equivalent practical experience.
• 10+ years of experience in bank treasury, asset and liability management, interest rate risk management, balance sheet management, or a closely related discipline.
• Experience working within a commercial bank, community bank, or bank holding company and applying bank ALM and interest rate risk concepts in a regulated environment.
• Hands-on experience operating an ALM platform and producing net interest income and economic value sensitivity analyses under multiple rate and balance sheet scenarios.
• Experience developing and governing model assumptions, reconciling source data to model inputs, analyzing model results, monitoring policy limits, and preparing ALM or IRR reporting for senior management or an Asset and Liability Committee.
Preferred Qualifications
• Experience presenting ALM and interest rate risk analyses to an Asset and Liability Committee, executive management, a Board or Board committee, auditors, and bank regulators.
• Knowledge of applicable bank regulatory guidance for interest rate risk and model risk management, including OCC, Federal Reserve, and FDIC supervisory expectations.
• Experience with fixed-rate consumer lending, retail and wholesale deposits, investment securities, derivatives, and the balance sheet dynamics of a de novo or rapidly growing bank.…
Source: Jobicy (https://jobicy.com/jobs/154928-alm-manager)
At Upstart, we’re united by a mission that matters: to radically reduce the cost and complexity of borrowing for all Americans. Every day, we bring creativity, experimentation, and advanced AI to reshape access to credit, helping millions move forward financially with clarity and confidence.
As the leading AI lending marketplace, we partner with banks and credit unions to expand access to affordable credit through technology that’s both radically intelligent and deeply human. Our platform runs over one million predictions per borrower using more than 3,000 signals, powering smarter, fairer decisions for millions of customers. But the numbers only hint at the impact. Every idea, every voice, and every contribution moves us closer to a world where credit never stands between people and their financial progress.
We’re proudly digital-first, giving most Upstarters the flexibility to do their best work from wherever they thrive, alongside teammates across 80+ cities in the US and Canada. Digital-first doesn’t mean distant. We’re intentional about in-person connection through team onsites, planning sessions, and moments that spark creativity and trust. And whether you choose to work primarily from home or collaborate in-person from one of our offices in Columbus, Austin, the Bay Area, or New York City, you’ll have the support to work in the way that works best for you.
If you’re energized by tackling meaningful problems, excited to innovate with purpose, and motivated by work that truly matters, we’d love to hear from you.
The Team:
Upstart Bank is a purpose-built, technology-enabled bank that combines innovative lending with disciplined balance sheet and risk management. The Treasury team supports sustainable growth by managing the Bank's funding, liquidity, capital, investment portfolio, and interest rate risk across changing market conditions and economic cycles.
As the ALM Manager, you will own the Bank's first-line asset and liability management and interest rate risk management framework. Reporting to the Bank Treasurer, you will lead implementation and ongoing operation of the Bank's ALM platform, develop and govern key behavioral assumptions, analyze net interest income and economic value sensitivity, and translate model results into balance sheet and risk-management recommendations. You will partner closely with Finance, Risk, Lending, Deposit Product, Accounting, Data, Engineering, and Regulatory Reporting to support a resilient and well-managed balance sheet.
How you’ll make an impact
• Own the Bank's asset and liability management and interest rate risk measurement framework, including net interest income simulation, economic value of equity sensitivity, repricing gap analysis, and other measures used to assess earnings and capital exposure across changing rate environments.
• Lead implementation, configuration, and ongoing administration of the Bank's ALM platform, including data mapping and staging, source-to-model reconciliations, model controls, change management, vendor coordination, and issue resolution.
• Develop, document, and regularly evaluate behavioral and market assumptions, including deposit betas and decay, loan prepayments and curtailments, repricing characteristics, funding rollover behavior, yield curves, and product optionality; perform sensitivity analysis, backtesting, and outcomes analysis.
• Design and evaluate parallel and non-parallel rate shocks, ramps, curve twists, and business-plan scenarios; identify key drivers of risk, monitor limits and early warning indicators, and explain period-over-period changes in the Bank's interest rate risk profile.
• Recommend balance sheet, product pricing, funding, investment, and hedging actions to manage interest rate risk within approved appetite and limits, and partner with business leaders to assess the ALM implications of new products and changes in balance sheet strategy.
• Prepare clear, decision-useful ALM and IRR reporting for the Asset and Liability Committee, executive management, the Board, Internal Audit, and regulators, while supporting policy administration, model risk management, independent validation, examinations, audits, and continuous improvement of Treasury reporting.
Minimum Qualifications
• Bachelor's degree in Finance, Accounting, Economics, Business, Mathematics, Statistics, or a related field, or equivalent practical experience.
• 10+ years of experience in bank treasury, asset and liability management, interest rate risk management, balance sheet management, or a closely related discipline.
• Experience working within a commercial bank, community bank, or bank holding company and applying bank ALM and interest rate risk concepts in a regulated environment.
• Hands-on experience operating an ALM platform and producing net interest income and economic value sensitivity analyses under multiple rate and balance sheet scenarios.
• Experience developing and governing model assumptions, reconciling source data to model inputs, analyzing model results, monitoring policy limits, and preparing ALM or IRR reporting for senior management or an Asset and Liability Committee.
Preferred Qualifications
• Experience presenting ALM and interest rate risk analyses to an Asset and Liability Committee, executive management, a Board or Board committee, auditors, and bank regulators.
• Knowledge of applicable bank regulatory guidance for interest rate risk and model risk management, including OCC, Federal Reserve, and FDIC supervisory expectations.
• Experience with fixed-rate consumer lending, retail and wholesale deposits, investment securities, derivatives, and the balance sheet dynamics of a de novo or rapidly growing bank.…
Source: Jobicy (https://jobicy.com/jobs/154928-alm-manager)
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