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Asset Liability Management Jobs in Indiana (NOW HIRING)

Financial Reporting Manager

Tipton, IN · On-site

$97K - $132K/yr

The role focuses on process integrity, document control, and workload coordination across Asset Liability Management ("ALM"), Liquidity Risk, and Investment Strategy functions. * Serve as the central ...

Financial Reporting Manager

Tipton, IN · On-site

$97K - $132K/yr

The role focuses on process integrity, document control, and workload coordination across Asset Liability Management ("ALM"), Liquidity Risk, and Investment Strategy functions. * Serve as the central ...

Financial Reporting Manager

Tipton, IN · On-site

$97K - $132K/yr

The role focuses on process integrity, document control, and workload coordination across Asset Liability Management ("ALM"), Liquidity Risk, and Investment Strategy functions. * Serve as the central ...

Financial Analyst

Goshen, IN · Hybrid

$82K - $120K/yr

... to lead Asset Liability Management (ALM), balance sheet analysis, and financial risk modeling . This role offers direct exposure to executive leadership, board-level presentations, and the ...

Wide variety of assignments, including pricing, modelling, mergers & acquisitions, asset liability management, cash flow testing, statutory, tax, and GAAP valuation. * Product development and support ...

This role provides thought leadership to support various key internal risk and governance topics such as capital management, disclosure committee, asset/liability management and the benefit plan ...

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Showing results 1-20

Asset Liability Management information

See Indiana salary details

$33.8K

$89.6K

$156.5K

How much do asset liability management jobs pay per year?

As of Jul 28, 2026, the average yearly pay for asset liability management in Indiana is $89,570.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,900.00 and $103,700.00 per year, depending on experience, location, and employer.

What types of teams or departments does someone in Asset Liability Management typically work with?

Professionals in Asset Liability Management often collaborate closely with treasury, finance, risk management, and investment teams to ensure the organization's assets and liabilities are optimally balanced. Regular interactions with IT and compliance departments are also common to implement modeling systems and adhere to regulatory standards. This cross-departmental teamwork is essential for maintaining an integrated approach to risk mitigation and profitability. Being effective in ALM means being comfortable communicating complex financial concepts to both technical and non-technical colleagues.

What are the key skills and qualifications needed to thrive in the Asset Liability Management position, and why are they important?

To succeed in Asset Liability Management (ALM), a strong background in finance, risk management, quantitative analysis, and often an advanced degree such as an MBA or CFA is important. Familiarity with ALM software, statistical modeling tools, and regulatory systems like Basel III are typically required. Excellent analytical thinking, attention to detail, and strong communication skills make candidates stand out in this role. These abilities ensure effective risk assessment, regulatory compliance, and sound financial decision-making to protect the organization's balance sheet.

What is an Asset Liability Management job?

An Asset Liability Management (ALM) job involves managing financial risks related to liquidity, interest rates, and market conditions to ensure stability and profitability. Professionals in this role analyze assets and liabilities, develop strategies to mitigate financial risks, and ensure compliance with regulatory requirements. They work closely with treasury, risk management, and finance teams to optimize balance sheet performance. ALM is crucial for banks, insurance companies, and financial institutions to maintain financial health and manage cash flows efficiently.

What are the most commonly searched types of Asset Liability Management jobs in Indiana? The most popular types of Asset Liability Management jobs in Indiana are:
What are popular job titles related to Asset Liability Management jobs in Indiana? For Asset Liability Management jobs in Indiana, the most frequently searched job titles are:
Infographic showing various Asset Liability Management job openings in Indiana as of July 2026, with employment types broken down into 86% Full Time, 11% Part Time, and 3% Contract. Highlights an 91% Physical, 5% Hybrid, and 4% Remote job distribution, with an average salary of $89,570 per year, or $43.1 per hour.
Manager, Asset Liability Management

Manager, Asset Liability Management

First Merchants Bank

Indianapolis, IN

Full-time

Posted 4 days ago


First Merchants Bank rating

7.6

Company rating: 7.6 out of 10

Based on 21 frontline employees who took The Breakroom Quiz

97th of 170 rated banks


Job description

Job Summary:

Oversee the design, development, deployment, and governance of financial, statistical, asset liability management, and capital stress testing models to support balance sheet management, capital planning, strategic decision-making, and regulatory reporting for presentation to the Board of Directors, Asset Liability Committee (ALCO), treasury management, shareholders, regulators, and other stakeholders.

Essential Duties and Responsibilities:

  • Own the asset and liability modeling process including:
    • Lead interest rate risk measurement activities, including EVE, NII simulations, scenario analysis, and sensitivity testing, and assess the impact of market rate movements on earnings and capital.
    • Ensure the asset liability model (ALM) parameters, model upgrades, chart of accounts, and other model assumptions are maintained and updated.
    • Ensure the ALM results are reasonable based on the rate environment.
    • Recommend alternatives to the Corporate Treasurer and participate in decisions regarding balance sheet and interest rate model strategies.
  • Support the annual strategic planning and budgeting process through financial forecasting of net interest income, net interest margin, balance sheet growth, non-interest income, and operating expenses.
  • Lead the development, execution, and documentation of the Bank's capital stress testing framework, including baseline, adverse, and severely adverse economic scenarios used to evaluate capital adequacy, earnings performance, and balance sheet resilience.
  • Use mathematics and statistics to measure, model, and predict customer deposit and loan behaviors to support pricing and product decisions.
  • Perform ad-hoc research across a variety of deposit and loan data sets.
  • Oversee model governance activities, including model documentation, assumption reviews, internal and external model validations, regulatory examinations, audit requests, and remediation efforts.
  • Assist in the preparation and review of management reporting packages, including ALCO reporting, stress testing results, interest rate risk reporting, capital planning analyses, and strategic recommendations.
  • Supervise and develop the Financial Modeling Specialist by providing leadership, direction, technical oversight, training, and performance management while ensuring the quality and timeliness of departmental deliverables.
  • Perform other duties and special projects as assigned.

Required Qualifications:

  • Bachelor’s degree in business, finance, economics, mathematics, or related.
  • A minimum of seven (7) years of financial modeling or related experience.
  • Strong knowledge of asset liability management, interest rate risk measurement, balance sheet analytics, financial forecasting, and regulatory capital framework concepts.
  • Experience developing or utilizing quantitative models for capital planning, earnings forecasting, or bank stress testing.
  • Experience using Empyrean ALM and stress testing software, including model administration, scenario analysis, and reporting.
  • Advanced analytical, statistical, and financial modeling skills.
  • Strong written and verbal communication skills with the ability to present complex analyses to senior management and executives.

Preferred Qualifications:

  • Master of Science in Applied Business Analytics and/or MBA.
  • Certified Professional Accountant (CPA) or Certified Financial Analyst (CFA).

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