Job Information
Commerce Bank Treasury Risk (ALM) Analyst in St. Louis, Missouri
About Working at Commerce
Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.
Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.
Creating an award-winning culture doesn't come easy. And after more than 155 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk.
Compensation Range
Hourly: $33.40 - $57.20 (Amount based on relevant experience, skills, and competencies.)
*Level and grade of the role will be determined by knowledge, experience, skills, abilities, and education of the successful applicant filling the role.
About This Job
The main purpose of this job is to support all Treasury functions with an emphasis on interest rate risk analysis. Will also be required to understand and support Funds Transfer Pricing and/or Economic Capital Allocations.
Essential Functions
Serve as a backup for the Asset Liability Manager
Use and query large asset liability management (ALM) databases in varying formats and create assumptions with guidance
Utilize ALM software to review the Bank’s interest rate risk position
Support profitability review through internal funds transfer pricing and economic capital allocations
Utilize current market data and ALM software to create reports that help business units set their pricing
Keep the ALM software updated with current market data
Use MS Access to update various bank data sets used in the ALM software
Use the ALM software to create market value and net interest income (NII) reports
Assist with the Bank’s stock buyback program
Perform other duties as assigned
Knowledge, Skills & Abilities Required
Basic understanding of a bank balance sheet, income forecasting and product cash flow
Basic understanding of market rates, duration/convexity and market value analyses
Basic understanding of statistics
Familiarity with or ability to learn Qualitative Risk Management (QRM) software
Familiarity with regulatory requirements
Familiarity or awareness of Liquidity and Capital Management
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Basic level proficiency with Microsoft Word, Excel, Access, Teams and Outlook
Education & Experience
Bachelor’s degree in Finance, Economics or Math or equivalent combination of education and experience required
1+ years’ banking related experience required
1+ years’ experience in a Finance or Treasury role preferred
*For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles. This compensation range is for the Treasury Risk Analyst I, II & Senior job and contemplates a wide range of factors that are considered in determining most appropriate job level and making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $33.40 to $57.20 per hour. The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here (https://careers.commercebank.com/us/en/benefits) to learn more.
Location: 8000 Forsyth, St. Louis, Missouri 63105
Time Type:
Full time
Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. You’ll see the difference for yourself when you join the team.
Why Commerce? (https://www.commercebank.com/careers/about-commerce)
Inclusion and Diversity at Commerce
How to Join Our Team (https://www.commercebank.com/careers/how-to-join-our-team)
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Equal Opportunity Employer
Commerce Bank is proud to be an Equal Employment Opportunity employer and believes that every individual should have the opportunity to work at a job for which he, she or they qualifies. We celebrate diversity and do not discriminate based on race, religion, color, national origin, sex, sexual orientation, age, gender, gender identity, gender expression, veteran status, disability status, or any other applicable characteristics protected by law.