Axos Bank
Overview
Axos Nevada LLC
Target Range:
$60,000.00/Yr. - $75,000.00/Yr. Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.
Eligible for an Annual Discretionary Cash Bonus Target: 12.5%
Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 12.5%
These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.
About This Job
The Analyst, Asset Liability Management is responsible for operating and maintaining financial risk models maintained by the Bank. The skills required include 1) a basic understanding of commercial banking, loans, deposits and financial instruments, 2) understanding of cash flow models, 3) familiarity with modeling software, data base tools and strong Excel knowledge, 4) ability to analyze model results and 5) experience writing reports, process documents and procedures, flow charts and policy statements.
Responsibilities
This position’s responsibilities may include, but not limited to liquidity risk and stress testing, and liquidity monitoring and backtesting of above models. This role may also have exposure on profitability and fund transfer pricing model, depending on the preference of the candidate.
Load and run models at month end and quarter-end, prepare reports based on the results and lead implementation and testing of model changes when approved
Requires ability to interact with other analysts, accountants and auditors in the Bank’s Finance and Accounting group, Model Risk Management, Internal Audit, as well as its Loan and Deposit Business Units
Prepare and update process documents and procedures associated with the financial models and understanding Bank policy is a key responsibility in addition to report writing
Runs liquidity risk model, liquidity monitoring dashboard and liquidity stress testing periodically for SEC filings, management, Asset Liability Committee (ALCO), and the Board
Prepare model monitoring documentation for Model Risk Management (MRM) and work closely with the ALM Manager to maintain compliance with Board Policies
Perform backtesting and attribution analysis as well as balance sheet optimization scenarios
Qualifications
Bachelor's degree in Finance, Accounting, Math or Statistics
Cash flow modeling experience
Report writing and procedure writing
General understanding of Bank products
Basic understanding of liquidity in Bank’s context
Good communication skills with different stakeholders and business units
Preferred
CFA or CFA track
Knowledge of SQL
2+ years experience with ALM, especially liquidity is highly preferred
Cash flow engine experience, such as QRM, BancWare, Empyrean etc.
Axos Employee Benefits May Include
Medical, Dental, Vision, and Life Insurance
Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)
HSA or FSA account and other voluntary benefits
401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading
About Axos Born digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We’re a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers.
Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).
Learn more about working at Axos
Pre-Employment Background Check and Drug Test All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.
Equal Employment Opportunity Axos is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state, and local laws.
Job Functions and Work Environment While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.
The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
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Target Range:
$60,000.00/Yr. - $75,000.00/Yr. Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.
Eligible for an Annual Discretionary Cash Bonus Target: 12.5%
Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 12.5%
These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.
About This Job
The Analyst, Asset Liability Management is responsible for operating and maintaining financial risk models maintained by the Bank. The skills required include 1) a basic understanding of commercial banking, loans, deposits and financial instruments, 2) understanding of cash flow models, 3) familiarity with modeling software, data base tools and strong Excel knowledge, 4) ability to analyze model results and 5) experience writing reports, process documents and procedures, flow charts and policy statements.
Responsibilities
This position’s responsibilities may include, but not limited to liquidity risk and stress testing, and liquidity monitoring and backtesting of above models. This role may also have exposure on profitability and fund transfer pricing model, depending on the preference of the candidate.
Load and run models at month end and quarter-end, prepare reports based on the results and lead implementation and testing of model changes when approved
Requires ability to interact with other analysts, accountants and auditors in the Bank’s Finance and Accounting group, Model Risk Management, Internal Audit, as well as its Loan and Deposit Business Units
Prepare and update process documents and procedures associated with the financial models and understanding Bank policy is a key responsibility in addition to report writing
Runs liquidity risk model, liquidity monitoring dashboard and liquidity stress testing periodically for SEC filings, management, Asset Liability Committee (ALCO), and the Board
Prepare model monitoring documentation for Model Risk Management (MRM) and work closely with the ALM Manager to maintain compliance with Board Policies
Perform backtesting and attribution analysis as well as balance sheet optimization scenarios
Qualifications
Bachelor's degree in Finance, Accounting, Math or Statistics
Cash flow modeling experience
Report writing and procedure writing
General understanding of Bank products
Basic understanding of liquidity in Bank’s context
Good communication skills with different stakeholders and business units
Preferred
CFA or CFA track
Knowledge of SQL
2+ years experience with ALM, especially liquidity is highly preferred
Cash flow engine experience, such as QRM, BancWare, Empyrean etc.
Axos Employee Benefits May Include
Medical, Dental, Vision, and Life Insurance
Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)
HSA or FSA account and other voluntary benefits
401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading
About Axos Born digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We’re a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers.
Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).
Learn more about working at Axos
Pre-Employment Background Check and Drug Test All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.
Equal Employment Opportunity Axos is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state, and local laws.
Job Functions and Work Environment While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.
The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
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