VP, ALM Officer

GENERAL SUMMARY

The VP ALM Officer supports Cathay Banks (the Bank) asset liability management interest rate risk oversight and balance sheet analytics. Reporting to the FVP ALM Manager this role has a key part in maintaining the Banks ALM modeling framework producing highâquality analysis and supporting strategic balance sheet decisions. The VP partners closely with Treasury FP&A Risk and Finance teams to ensure accurate modeling strong governance and effective communication of ALM results.

ESSENTIAL FUNCTIONS

• Support the Banks ALM framework including modeling forecasting and analysis of balance sheet behavior and performance.
• Run interest rate risk simulations (EVE NII scenario analysis sensitivity testing) and assist in evaluating the impact of market rate movements on earnings and capital.
• Maintain the Empyrean ALM model including data integrity assumption updates documentation and model governance activities.
• Develop and refine behavioral assumptions prepayment models and deposit analytics.
• Prepare ALM results dashboards and analytical insights for review by the FVP and presentation to ALCO and senior leadership.
• Conduct deposit analytics including analysis of deposit betas decay rates and customer behavior and support product pricing and deposit strategy.
• Support capital planning by providing ALM inputs into CCARâstyle stress testing capital adequacy assessments and longâterm financial planning.
• Develop multiâscenario stress testing frameworks (liquidity earnings capital) and support enterpriseâwide stress testing initiatives.
• Partner with the FVP AML Manager and Treasurer on funding mix analysis investment strategy support hedging evaluations and balance sheet optimization initiatives.
• Analyze the investment portfolio and reinvestment strategies to support riskâadjusted returns and balance sheet positioning.
• Coordinate with Model Risk Management on model validations documentation updates and remediation activities.
• Support data quality oversight and contribute to enhancements in ALM systems data pipelines and reporting automation.
• Prepare ALCO materials regulatory support schedules and internal management reporting packages related to interest rate risk liquidity and balance sheet performance.
• Partner with FP&A on balance sheet forecasting scenario analysis and funds transfer pricing (FTP) support.
• Mentor and guide junior analysts providing technical coaching and review of analytical work as needed.

QUALIFICATIONS

• Education: Bachelors degree in Finance Economics Accounting or a related field degree or professional certification (CFA FRM or similar) preferred.
• Experience:
  5-7 years of experience in ALM Treasury liquidity management or related financial risk leadership or team management experience is a plus.
• Skills:
  
  • 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.

OTHER DETAILS

$148700 $175000 / 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).

Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights please review ourCalifornia Job Applicant Privacy Policy.

Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates regardless of race color ethnicity ancestry citizenship gender national origin religion age sex (including pregnancy and related medical conditions childbirth and breastfeeding) reproductive health decision-making sexual orientation gender identity and expression genetic information or characteristics disability or medical condition military status or status as a protected veteran or any other status protected by applicable law.

Click here to view the Know Your Rights: Workplace Discrimination is Illegal Poster:
Poster- English

Poster- Spanish

Poster- Chinese Traditional
Poster- Chinese Simplified

Cathay Bank endeavors to make to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process please contact Mickey Hsu FVP Employee Relations Manager at or.This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.