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Senior Asset Liability Management Jobs (NOW HIRING)

Assists with the management of asset liability management systems. * Conducts adhoc financial analysis to aid senior management in the decision making process impacting both the short- and long-term ...

Prepare recurring and ad hoc reports for ALCO, senior management, and risk committees. * Drive ... Knowledge and understanding of asset liability or liquidity management software, especially QRM.

Asset Liability Management Associate

Charlotte, NC · On-site

$16 - $21.50/hr

Prepare recurring and ad hoc reports for ALCO, senior management, and risk committees. * Drive ... Knowledge and understanding of asset liability or liquidity management software, especially QRM.

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Senior Asset Liability Management information

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$22.5K

$118.3K

$210K

How much do senior asset liability management jobs pay per year?

As of Aug 2, 2026, the average yearly pay for senior asset liability management in the United States is $118,258.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,500.00 and $145,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Senior Asset Liability Management professional, and why are they important?

A Senior Asset Liability Management (ALM) professional requires a strong background in finance, economics, risk management, and typically a relevant degree such as in finance, mathematics, or economics. Expertise with ALM software, financial modeling tools, and certifications like CFA or FRM are commonly expected. Outstanding analytical thinking, communication, and decision-making abilities set top performers apart in this field. These skills and qualifications are essential to effectively manage financial risks, optimize balance sheets, and ensure regulatory compliance for financial institutions.

What is the difference between Senior Asset Liability Management vs Asset Liability Management Analyst?

AspectSenior Asset Liability ManagementAsset Liability Management Analyst
CredentialsBachelor's or Master’s in Finance, Economics, or related; CFA or FRM often preferredBachelor's degree in Finance, Economics, or related; CFA or FRM beneficial
Work EnvironmentStrategic roles in banks or financial institutions, often involving team leadershipAnalytical roles within finance departments, focusing on data analysis and reporting
Employer & Industry UsageUsed in banking, insurance, and financial services for senior-level risk managementCommon in banks and financial firms for entry to mid-level analysis

Senior Asset Liability Management professionals typically handle strategic risk management and decision-making, requiring advanced credentials and experience. Asset Liability Management Analysts focus on data analysis and reporting to support risk strategies. Both roles are vital in financial institutions but differ in scope and seniority.

How does a Senior Asset Liability Management professional typically collaborate with other departments within a financial institution?

Senior Asset Liability Management (ALM) professionals regularly interact with teams such as treasury, risk management, finance, and business units to ensure effective balance sheet management. They provide insights on interest rate risk, liquidity, and funding strategies, often participating in cross-functional committees and strategy meetings. Strong communication and analytical skills are essential, as ALM professionals translate complex risk data into actionable recommendations for senior leadership. This collaborative environment helps align the institution's financial goals with regulatory requirements and market conditions.

What are Senior Asset Liability Management professionals?

Senior Asset Liability Management professionals are financial experts responsible for overseeing an organization’s balance sheet risks, particularly those related to assets and liabilities. They analyze interest rate movements, liquidity needs, and regulatory requirements to ensure the institution maintains stability and profitability. Their work involves creating strategies to minimize risks while optimizing returns, often using complex financial models and scenario analysis. These professionals play a crucial role in banks, insurance companies, and other financial institutions.
More about Senior Asset Liability Management jobs
What cities are hiring for Senior Asset Liability Management jobs? Cities with the most Senior Asset Liability Management job openings:
What are the most commonly searched types of Asset Liability Management jobs? The most popular types of Asset Liability Management jobs are:
What states have the most Senior Asset Liability Management jobs? States with the most job openings for Senior Asset Liability Management jobs include:
Infographic showing various Senior Asset Liability Management job openings in the United States as of July 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 92% Physical, 4% Hybrid, and 4% Remote job distribution, with an average salary of $118,258 per year, or $56.9 per hour.

Manager, Asset Liability Management

First Merchants Bank

Indianapolis, IN • On-site

Full-time

Posted 10 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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