Climate Risk Analyst Jobs in California (NOW HIRING)

Description

Westamerica is among the largest commercial banks headquartered in California. We are looking for outstanding people to join our winning team. We reached our current strength because our employees, customers, and shareholders believe in the same fundamental goals:  Delivering a wide variety of financial services with a superior customer service guarantee. 

In office position, located in Fairfield, CA - No remote capability

JOB SUMMARY

The role is responsible for financial monitoring and analysis of the Bank's balance sheet and for producing quarterly interest rate risk metrics and reports that support oversight and monitoring of the investment portfolio.

RESPONSIBILITIES & DUTIES 

Preform quarterly assessments of Interest Rate Risk (IRR)position, including preparation of required data and analysis of results to support ongoing risk monitoring 

Support bond investment purchases by conducting pre-purchase due diligence, reviewing supporting materials, and preparing required documentation 

Independently monitor bond portfolio for credit and interest rate risk, evaluating issuer performance and identifying risk concerns 

Prepare and maintain components of annual budget, monthly Net Interest Income (NII) forecasts, and related financial reports

Conduct ad-hoc financial analyses and special projects, exercising sound judgement in evaluating data and presenting findings

Compliance Specific: Maintain awareness of federal and state regulations applicable to designated areas of responsibility, stay current with compliance training, adhere to bank's compliance practices, support implementation of necessary changes to policies, procedures, and controls to ensure ongoing adherence.

Marginal Functions

Act as backup to produce various liquidity reporting (LCR, NSFR, cash flow) 

Ongoing balance sheet monitoring of loan, deposit and cash flows 

Other related duties as assigned 

Requirements

Bachelor's degree in Finance, Accounting, Economics, or related field, or equivalent combination of education and related work experience

3-5 years of experience in a Treasury or related Finance role, preferably at a bank

Experience with treasury management systems and financial software

Strong analytical and problem-solving skills

Proficiency in Microsoft Office (Excel, Word, PowerPoint) products, knowledge of Bloomberg and interest rate risk modeling software a plus

Understanding of financial regulations and compliance issues

Knowledge of financial markets, instruments and Treasury management practices

Excellent verbal and written communication skills

Ability to work independently as well as part of a team

Excellent multi-tasking and time management skills

Strong attention to detail and accuracy

Ability to continuously adhere to multiple compliance regulations 

Regular on-site attendance required during regular business hours

PHYSICAL DEMANDS

Sitting for extended periods of time while using computer 

Frequent hand, wrist, and finger movements for tasks such as keyboarding, data entry, and mouse use

Continuous close visual work is required for tasks such as data analysis, computer use, and reading

Frequent communication in-person and via phone, talking and hearing for such interactions

Occasional movement within the office is necessary to access files or office machinery

Occasional lifting, pushing, and pulling (up to 20 lbs)

Occasional stooping and reaching 

Occasional standing and walking 

MENTAL DEMANDS

Continuously prioritizing multiple demands and meet deadlines while maintaining high level of compliance 

Continuously applying analytical skills 

Ability to make sound decisions and determine when to report issues to senior management

Remind external customers of approaching deadlines and requirements

ENVIRONMENTAL DEMANDS

Work in a climate-controlled building without exposure to extreme temperatures. 

Office environment typically has a moderate noise level.

Work area has standard office ventilation and air quality, with no exposure to fumes, dust, or other potentially harmful atmospheric conditions.

EQUIPMENT USED TO PERFORM FUNCTIONS

Computer

Phone

Common Office Equipment

SUPERVISORY RESPONSIBILITY

None

CONTACTS

Internal: Staff within the Treasury, Finance, Operations, Compliance and Internal Audit areas

External: Bank regulators, external financial auditors, interest rate risk software vendor and investment bankers/brokers

EOE

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