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Interest Rate Risk Jobs in California (NOW HIRING)

Conventus

Market Risk Manager

Westlake Village, CA

$130.40K - $161K/yr

Build statistical and quantitative models to measure and manage interest rate risk. Produce high quality risk and performance reporting for senior management, clearly communicating portfolio dynamics ...

cathaybank

FVP, ALM Manager

El Monte, CA

$175K - $198.90K/yr

Evaluate interest rate risk exposures using the Empyrean ALM model and other industrystandard tools, and provide strategic recommendations to optimize balance sheet structure, earnings stability ...

cathaybank

FVP, ALM Manager

El Monte, CA

$175K - $198.90K/yr

Evaluate interest rate risk exposures using the Empyrean ALM model and other industrystandard tools, and provide strategic recommendations to optimize balance sheet structure, earnings stability ...

cathaybank

VP, ALM Officer

El Monte, CA

$148.70K - $175K/yr

Run interest rate risk simulations (EVE, NII, scenario analysis, sensitivity testing) and assist in evaluating the impact of market rate movements on earnings and capital. * Maintain the Empyrean ALM ...

cathaybank

VP, ALM Officer

El Monte, CA

$148.70K - $175K/yr

Run interest rate risk simulations (EVE, NII, scenario analysis, sensitivity testing) and assist in evaluating the impact of market rate movements on earnings and capital. * Maintain the Empyrean ALM ...

Cathay Bank

FVP, ALM Manager

El Monte, CA · On-site

$175K - $198.90K/yr

Evaluate interest rate risk exposures using the Empyrean ALM model and other industry-standard tools, and provide strategic recommendations to optimize balance sheet structure, earnings stability ...

Westamerica Bank

Treasury Financial Analyst

Fairfield, CA · On-site

$70.30K - $75.35K/yr

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 • ...

WESTAMERICA BANK

Treasury Financial Analyst

Fairfield, CA

$70.30K - $75.35K/yr

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 ...

Cathay Bank

VP, ALM Officer

El Monte, CA · On-site

$148.70K - $175K/yr

Run interest rate risk simulations (EVE, NII, scenario analysis, sensitivity testing) and assist in evaluating the impact of market rate movements on earnings and capital. * Maintain the Empyrean ALM ...

Westamerica Bank

Treasury Financial Analyst

Fairfield, CA · On-site

$70.30K - $75.35K/yr

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 • ...

Mercury

IRRBB Manager

San Francisco, CA · On-site +1

Produce and analyze interest rate risk metrics, including NII and EVE under various scenarios * Design, document, and support behavioral assumptions (e.g., prepayments, deposit decay, betas, non ...

Logix Federal Credit Union

VP Finance-Hybrid

Valencia, CA · On-site

$174.30K - $278.88K/yr

Participates in the development of policy limits (e.g., interest rate risk, concentration risk) and ensures ongoing monitoring, tracking, and reporting of compliance with regulatory and internal ...

Logix Federal Credit Union

VP Finance-Hybrid

Valencia, CA · Hybrid

$174.30K - $278.88K/yr

Participates in the development of policy limits (e.g., interest rate risk, concentration risk) and ensures ongoing monitoring, tracking, and reporting of compliance with regulatory and internal ...

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Interest Rate Risk information

See California salary details

$14

$29

$73

How much do interest rate risk jobs pay per hour?

As of May 29, 2026, the average hourly pay for interest rate risk in California is $29.94, according to ZipRecruiter salary data. Most workers in this role earn between $19.23 and $38.17 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Interest Rate Risk Analyst, and why are they important?

To thrive as an Interest Rate Risk Analyst, you need a solid background in finance, economics, and quantitative analysis, typically supported by a relevant degree such as finance, mathematics, or economics. Familiarity with risk management systems, statistical modeling software (like MATLAB or SAS), and financial databases is essential, and certifications such as CFA or FRM are highly valued. Strong analytical thinking, attention to detail, and effective communication skills help you interpret complex data and present insights to stakeholders. These capabilities are crucial for accurately assessing and managing an institution’s exposure to interest rate fluctuations, ensuring financial stability and strategic decision-making.

What are some common challenges faced by professionals working in Interest Rate Risk management?

Professionals in Interest Rate Risk management often face the challenge of keeping up with rapidly changing market conditions and regulatory requirements. The role requires strong analytical skills to model complex interest rate scenarios and assess their potential impact on the organization's balance sheet. Collaboration is frequent, as interest rate risk managers work closely with treasury, finance, and trading teams to develop effective risk mitigation strategies. Staying current with financial technology and risk modeling tools is also essential for success in this dynamic environment.

What is interest rate risk?

Interest rate risk refers to the potential for investment losses that result from fluctuations in interest rates. It commonly affects fixed-income securities like bonds, as changes in interest rates can impact their market value. Financial institutions and investors must carefully manage this risk to protect their portfolios and ensure financial stability. Effective management strategies include duration analysis, hedging, and diversification.

What is the difference between Interest Rate Risk vs Bond Analyst?

AspectInterest Rate RiskBond Analyst
Primary FocusManaging exposure to fluctuations in interest rates affecting financial assetsAnalyzing and evaluating bond securities for investment decisions
Required SkillsUnderstanding of interest rate movements, risk management, financial modelingCredit analysis, valuation, market research
Work EnvironmentFinancial institutions, risk management departmentsInvestment firms, asset management companies
CertificationsFRM, CFA (related to risk management)CFA, fixed income certifications

Interest Rate Risk involves managing the potential impact of interest rate changes on financial portfolios, while Bond Analysts focus on evaluating bonds to guide investment decisions. Both roles require financial analysis skills and may share certifications like CFA, but their core responsibilities differ: one manages risk exposure, the other assesses bond securities.

What are popular job titles related to Interest Rate Risk jobs in California? For Interest Rate Risk jobs in California, the most frequently searched job titles are:
What job categories do people searching Interest Rate Risk jobs in California look for? The top searched job categories for Interest Rate Risk jobs in California are:
What cities in California are hiring for Interest Rate Risk jobs? Cities in California with the most Interest Rate Risk job openings:
Interest Rate Risk jobs near you
Infographic showing various Interest Rate Risk job openings in California as of May 2026, with employment types broken down into 1% Internship, 1% As Needed, 80% Full Time, 11% Part Time, 1% Temporary, and 6% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $62,273 per year, or $29.9 per hour.
US ALM Risk Manager

US ALM Risk Manager

Royal Bank of Canada

Los Angeles, CA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 12 days ago

Job description

Come Work with Us!
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.
Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.
Job Title
US ALM Risk Manager
Job Description
What is the Opportunity?
The US GRM-Balance Sheet Risk (US GRM-BSR) group provides independent and effective on-site monitoring, controlling and communication on the nature and extent of all material liquidity risk and banking book market risk (non-trading market risk, interest rate risk in the banking book [IRRBB]) across RBC's Combined US Operations (CUSO), which includes RBC's US branches and agencies, RBC's Intermediate Holding Company (RIHC) and its material entities: RBC Capital Markets LLC (CM LLC), City National Bank (CNB), RBC Bank Georgia, N.A. (RBC Bank). The group is relied up to ensure the implementation of and compliance with risk management policies and procedures.
The incumbent will support the Lead, US ALM Risk Management and the Head, US GRM-BSR in the oversight of banking book market risk across RBC CUSO as part of the Group Risk Management (GRM) mandate and will promote a "Best of Class" risk oversight environment.
The role involves providing complex analytical support for managing risk across large portfolios of assets and liabilities, along with the associated risk factors. The complexity exists at both the RBC CUSO level and within individual legal entities.
What will you do?
  • The incumbent is responsible for applying a working level of knowledge of Asset Liability Management (ALM) (also referred to as banking book market risk, non-trading market risk, or interest rate risk in the banking book - IRRBB); a primary responsibility of this role is to provide support to the Lead, ALM Risk Management on matters pertaining to the oversight of the ALM profile and management of CUSO entities.
  • This role will be one of coordination, working within established policies and procedures and assuming responsibility for interpretation and delivery within established policies and procedures.
  • Independently conduct moderately complex routine operations and maintenance support activities.
  • Demonstrate a good understanding of procedures and concepts within ALM and respond to moderately complex functional queries.
  • Adhere to operating policies and procedures and regulatory guidelines and make recommendations within scope of ALM and/or provide input into policy and procedure amendments.
  • Identify and independently resolve moderately complex routine issues in the context of ALM.
  • Analyze data and prepare reports of observations, and relatively simple recommendations based on findings.
  • Generally execute on approved strategy but may assist in the development of strategies/action plans to address technical and competency gaps within oversight of ALM.
  • Ensure a strong control environment by aligning data management, methodology and quantitative models
  • Utilize the Bank's banking book market risk measurement platforms to support risk analytics
  • Implement risk analysis tools to allow for deeper understanding of risk drivers and changes.
  • Understand and quantify the impacts from model and parameter assumptions (quantitative and qualitative) employed within the banking book market risk framework, including deposit duration models, retail pricing models, and loan prepayment models
  • Create consolidated reporting that includes additional sensitivity measures and stress testing, with consistent aggregation and integration across business lines, legal entities, etc.
  • Monitor activities and exposures to ensure adherence to approved policies and limits
  • Regularly review existing policies and limits, proposing updates and revisions where necessary
  • Ensure risk reporting is timely and accurate and changes in risk are properly investigated and understood
  • Provide insight on key risks and exposures versus market trends and potential events to identify and provide insight on emerging risk exposures

What do you need to succeed?
  • 2+ years' experience in the financial services sector
  • Bachelor's Degree.

Other Required Qualifications:
  • Knowledge and experience in ALM and interest rate risk management at a large financial institution.
  • Knowledge of and experience with US bank regulations for liquidity, capital and interest rate risk management.
  • Excellent oral and written communication skills.
  • Strong understanding of risks in the financial services sector, effective risk management approaches and global risk issues.
  • Strong record of work experience in financial service industry with good exposure to operational processes, financial products, credit and/ or risk management activities.
  • Self-starter with the ability to work independently and in an organized manner, with attention to detail, prioritize, and handle multiple work streams
  • Excellent problem solving, analytical, organizational, written and oral communication skills
  • Good personal computing skills, with knowledge of MS Office programs
  • Intellectual curiosity, global and strategic mindset with ability to think conceptually
  • Diplomatic and an effective consensus builder. Strong interpersonal skills with ability to develop and maintain relationships across business platforms and control functions of RBC, as well as with external counterparts
  • Ability to meet tight deadlines and work with changing priorities in a dynamic team environment.

What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $110,000 - $165,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
• Drives RBC's high performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value
Job Summary
Address:
Los Angeles, California, United States of America
City:
USA-CA-LOS ANGELES
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
Group Risk Management
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2022-12-05-08:00
Application Deadline:
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.

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