FVP, ALM Manager

GENERAL SUMMARY

The FVP ALM Manager serves as the Banks senior leader responsible for asset liability strategy interest rate risk oversight and balance sheet analytics. Reporting directly to the Treasurer this role leads the ALM team manages Cathay Banks (the Bank) ALM modeling platform and develops analytical frameworks that support strategic decisionâmaking. This position has a critical role in optimizing balance sheet performance ensuring regulatory compliance and supporting longâterm financial planning across the organization.

DIRECT REPORTS

The position will manage a team.

ESSENTIAL FUNCTIONS

• Oversee the Banks ALM framework including modeling forecasting and analysis of balance sheet behavior and performance.
• Evaluate interest rate risk exposures using the Empyrean ALM model and other industryâstandard tools and provide strategic recommendations to optimize balance sheet structure earnings stability liquidity positioning and capital efficiency.
• Lead interest rate risk measurement activities including EVE NII simulations scenario analysis and sensitivity testing and assess the impact of market rate movements on earnings and capital.
• Manage the Empyrean ALM model behavioral assumptions data integrity documentation backâtesting and model governance to meet regulatory and internal standards.
• Prepare and present ALM results trends and strategic insights to senior leadership ALCO and other governance committees.
• Lead deposit analytics and behavioral modeling including analysis of deposit betas decay rates and customer behavior and support product pricing and deposit strategy.
• Provide ALM inputs into capital planning including CCARâstyle stress testing capital allocation decisions and dividend planning.
• Develop multiâscenario stress testing frameworks beyond IRR (e.g. liquidity earnings capital) and support enterpriseâwide stress testing initiatives.
• Partner with the Treasurer on funding mix optimization investment strategy hedging programs and strategic balance sheet initiatives such as loan portfolio reshaping.
• Analyze the investment portfolio and reinvestment strategies to support riskâadjusted returns and balance sheet positioning.
• Serve as the primary liaison with Model Risk Management for model validations and regulatory examinations.
• Oversee data quality feeding the ALM model and lead enhancements to ALM systems data pipelines and reporting automation.
• Prepare ALCO materials regulatory reports and internal management reporting packages related to interest rate risk liquidity and balance sheet performance.
• Partner with FP&A on balance sheet forecasting capital planning and funds transfer pricing (FTP).
• Lead mentor and develop ALM staff by setting goals managing performance and providing ongoing training and support.

QUALIFICATIONS

• Education: Bachelors degree in Finance Economics Accounting or a related field required. Advanced degree or professional certification (CFA FRM or similar) preferred.
• Experience: 7-10 years of experience in ALM Treasury liquidity management or related financial risk disciplines. Prior leadership or team management experience is required.
• Skills:
  • Deep understanding of asset liability management principles interest rate risk measurement and balance sheet analytics.
  • Strong analytical quantitative and financial modeling skills.
  • Familiarity with regulatory expectations related to interest rate risk liquidity risk and model governance.
  • Ability to communicate complex financial concepts clearly and effectively to senior executives committees and crossâfunctional partners.

OTHER DETAILS

$175000 $198900 / year
Pay determined based on job-related knowledge skills experience and location.
This position may be eligible for a discretionary bonus.

Cathay Bank offers itsfull-timeemployees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes coverage for medical insurance dental insurance vision insurance life insurance long-term disability insurance and flexible spending accounts (FSAs) health saving account (HSA) with company contributions voluntary coverages and 401(k).

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