Current job opportunities are posted here as they become available.
| Department: | Accounting |
| Location: |
Who we are:
At SECU, we put our employees first, recognizing that their well-being and professional development are vital to our success. By fostering a supportive and empowering work environment, our employees are committed to helping members achieve long-term financial security. They are also inspired to give back to the communities we serve by volunteering and spreading kindness, which reflects our core values and who we are as an organization.
Every employee at SECU contributes to our members’ financial well-being, and we will always do what’s right for our members, employees, and communities.
Feel good about what you do. Belong to a place where you matter and can make a difference.
What you will do:
The Senior Manager, Asset Liability Management (ALM) plays a critical role in ensuring the financial stability and health of the credit union. This position is responsible for overseeing quantitative modeling, measurement, and management of interest rate risk (IRR), liquidity risk, capital planning, NIM analysis and CECL oversight. The position will provide continuity for the Asset Liability Management team in developing and presenting ALCO materials to the Board of Directors in the absence of the SVP, ALM.
The Senior Manager, Asset Liability Management adheres to regulations and organizational policies, maintaining awareness and knowledge required to perform the duties of the position, including all aspects of the Bank Secrecy Act and related regulations, such as OFAC, and the USA Patriot Act, Fair Lending and Information Security.
A day in your life might include:
Technical & Strategic Modeling
• Risk Measurement: Direct the production and analysis of Net Interest Income (NII) sensitivity and Net Economic Value (NEV) simulations to evaluate the bank’s exposure to changing interest rate environments.
• Assumption Engineering: Own, validate, and continuously refine critical behavioral assumptions, including deposit decay rates, surge deposit behavior, and loan prepayment speeds.
• Liquidity & Capital Stress Testing: Oversee and calculate liquidity risk metrics and stress-testing frameworks, ensuring full alignment with internal risk tolerances and regulatory expectations (e.g., LCR, NSFR).
• Funds Transfer Pricing (FTP): FTP framework to ensure accurate risk-adjusted performance measurement across business lines.
• Provide analysis of Net Interest Margin, balance sheet trends, funding strategies, and market conditions to inform strategic financial decisions.
Leadership & Team Development
• People Management: Direct, train, and mentor a team of analysts, fostering a culture of technical excellence and continuous professional growth.
• Workflow Oversight: Guide the daily operational and analytical workflows of the ALM team, ensuring high-quality, auditable deliverables under tight financial reporting timelines.
Governance, Executive Advisory and Compliance
• ALCO Reporting: Synthesize complex quantitative data into clear, strategic, and high-impact presentations for ALCO, executive leadership, and the Board of Directors. This includes documenting discussions and action items in the monthly meeting minutes to ensure transparency and accountability.
• Oversee the management of ALM vendor reviews, business continuity reporting, and required risk assessments. These responsibilities are critical for maintaining operational resilience and ongoing risk monitoring.
• Assist in managing relationships with internal and external partners, including financial institutions, regulatory agencies, and consultants. These partnerships are essential to ensure sound risk management practices and adherence to regulatory requirements.
• Maintain and update policies, procedures, and controls designed to mitigate financial risks and ensure ongoing regulatory compliance within the credit union.
• Collaborate with the internal audit and regulatory affairs teams and external auditors to facilitate the submission of necessary audit and exam documentation. This coordination supports the credit union’s commitment to transparency and accountability.
• Ensure the ALM framework remains fully compliant with NCUA regulations author and defend comprehensive model documentation for internal auditors and regulatory examiners.
• Represent the ALM function at the management level by providing recommendations and insights that support the organization’s overall financial and strategic objectives
Additional Responsibilities may include:
• Provide financial modeling and projections to support long-term strategic initiatives, including new product launches or pricing strategies.
• Partner with external advisors, consultants, or peer institutions to evaluate and adopt advanced ALM analytics tools or systems.
What we need from you:
Education Requirements:
• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• An MBA or advanced quantitative degree is highly preferred.
Experience Requirements:
• 7–10+ years of progressive experience in finance, bank treasury, ALM, or financial risk management.
• Strong track record in a supervisory or managerial capacity is required.
• Domain Expertise: Strong understanding of fixed income, balance sheet dynamics, derivative hedging instruments, and macroeconomic drivers.
• Hands-on mastery of enterprise-level ALM modeling software (e.g., QRM, Empyrean, or BancWare) is required.
• Data Mechanics: Proficiency handling large datasets; advanced Excel skills are required, and practical experience with SQL, SAS, or Python is highly desirable.
Business Acumen Requirements
• Strong written and verbal communication skills to effectively represent ALM Demonstrated success in managing cross-functional teams and influencing executive-level decision-making.
• Strong analytical skills with the ability to understand complex financial data and ensure it is translated properly in reporting.
• Commitment to sound financial management, innovation, and organizational values.
• Deep understanding of balance sheet management, liquidity planning, interest rate risk, and regulatory compliance.
• Solid experience in financial concepts, GAAP, economic value.
• Exceptional leadership, communication, and decision-making skills with the ability to present complex financial concepts to non-technical stakeholders.
Physical Requirements
• Must be able to remain in a stationary position, often standing or sitting for prolonged periods
• Must be able to lift up to 25 pounds
Other Compensation Includes:
We provide comprehensive benefits, with a focus on total well-being:
SECU is committed to fostering a diverse, equitable, and inclusive workforce where all individuals are valued and respected. We take pride in providing equal opportunities for all qualified applicants regardless of race, ethnicity, national origin, gender, sexual orientation, gender identity or expression, religion, military or veteran status, or any other characteristics protected by law.