Job Information
Zions Bancorporation Financial Analyst - Asset Liability Management - Salt Lake City - Hybrid Schedule in Salt Lake City, Utah
Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the “Best Banks to Work For” and as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets., We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a “local” business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.
With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.
Zions Bancorporation is hiring an experienced Financial Analyst to join our Asset/Liability Management (ALM) team. This position will primarily be responsible for producing interest rate risk reporting for the Bank’s Asset and Liability Committee (ALCO) using Empyrean’s ALM software. Other responsibilities include performing model backtesting and sensitivity analysis.
Responsibilities:
Produce monthly reporting for the Asset and Liability Committee (ALCO)
Configure Empyrean to calculate earnings-at-risk (EaR), economic value of equity (EVE), and projected net interest margin
Analyze and explain changes to the Bank’s interest rate risk position
Perform Empyrean model backtesting and assumption sensitivity analysis
Maintain Empyrean change control logs and model documentation
Communicate the Bank's interest rate risk position to key stakeholders
Identify and research data quality issues
Other duties and analysis as assigned
Skills and Qualifications:
Requires a bachelor’s degree in finance, accounting, economics, statistics, mathematics, or similar
Master’s degree preferred
4-8 + years of financial analysis experience, preferably in a banking context
Advanced Microsoft Excel skills
Experience using SQL and database software
Experience using interest rate risk modeling software, such as Empyrean and QRM, preferred
Understanding of bank financial statements
Advanced problem-solving, time management, and written and verbal communication skills
Ability to complete assigned work within strict deadlines
Located in the heart of downtown Salt Lake City, the Zions Bank Building serves as the headquarters of both Zions Bancorporation and Zions Bank. The building sits adjacent to City Creek Center, a world-class shopping and dining destination with more than 100 stores and restaurants. The Zions Bank Building stands tall among Salt Lake City’s central business district, providing hundreds of team members with an exceptional work environment and features such as:
Easy access to the City Creek UTA TRAX station, as well as various electric vehicle charging stations in most City Creek area garages;
An employee-only fitness center and bike storage;
An employee lounge, kitchen, micro market, game tables, couches and TVs;
Private mothers’ rooms and lockers; and
Access to downtown shopping, dining, arts and entertainment.
Req ID: 065858
Equal Opportunity Employer
It is the policy of this corporation to provide equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, veteran status, sexual orientation, gender identity and expression or any other characteristic protected by applicable law. This policy is established and administered in accordance with all applicable federal, state, and local laws.
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