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PenFed Credit Union Senior Analyst Liquidity and Funding in McLean, Virginia

Overview Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family. PenFed is hiring a Senior Analyst Liquidity and Funding at our McLean, Virigina location. The purpose of this role is to focus on strategy development, management, and daily monitoring of PenFed’s liquidity position, monthly calculation of liquidity ratios and quarterly modeling of liquidity stress testing. The individual in this role will help design and automate the daily liquidity tracking process including data aggregation. This position will be pivotal in integrating liquidity tracking and forecasting into the credit union’s QRM (Quantitative Risk Management) application. Responsibilities Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned. Identify, measure, monitor, and report market and liquidity risk exposures and Key Risk Indicators. Help establish the ongoing monitoring process for the credit union’s liquidity risk management and analyze changing risk profile trends. Organize and prepare reporting material for Asset Liability Committee (ALCO), the Executive Team and the Board of Directors. Analyze and measure the daily liquidity position, monthly liquidity coverage ratios, and quarterly liquidity stress testing. Develop and implement models within the QRM (Quantitative Risk Management) application to automate the process of liquidity coverage ratio measurements and liquidity stress testing and link QRM forward balance sheet modeling projections to the daily cashflow position. Take ownership in the development and implementation of daily liquidity and forward cashflow forecasting by automating the process of obtaining the necessary data across multiple data sets to provide management insight into the daily liquidity position. Maintain or develop a working knowledge of securities markets and fixed income instruments including mortgage-related products, interest rate derivatives, non-maturity deposits, option pricing theory, and interest rate risk measurement concepts such as duration, convexity, basis risk, etc. This is not intended to be an all-inclusive list of job duties and the position will involve participation in ad hoc projects and perform other duties to support Treasury ongoing operations. This role is responsible for ensuring business continuity. Qualifications Equivalent combination of education and experience is considered. Minimum of 3-5 years relevant work experience in a financial institution analyzing liquidity using sophisticated asset/liability management applications and data extraction and analysis in a finance specific domain. Experience with QRM or other sophisticated asset/liability management model that forecast uncertain cash flows desired. Experience with programming languages, such as Python, and SQL proficiency with data visualization/BI tools, such as PowerBI and Tableau desired Knowledge of financial concepts used in liquidity management, present value analysis, financial modeling, and capital markets. Advanced degree in finance, economics, computer science, mathematics, or other quantitative discipline and experience that provides the necessary skills and knowledge to satisfactorily perform the essential job functions. MBA and/or CFA professional certification desired. Supervisory Responsibility This position will not supervise employees. Work Environment While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise. *Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds. * Travel Ability to travel on a limited basis to various worksites and be on-call. Special Message Regarding COVID 19 PenFed is continuing to hire and train exceptional individuals to help us serve our 2 million members both here and around the world.  In light of the current situation with novel coronavirus (COVID-19), we have modified our hiring, onboarding, training, and deployment protocols in order to comply with current local and state guidance around social distancing. About Us Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2 million members and over $26 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day. We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more. Equal Employment Opportunity PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 240-224-4256. #LI-CM2