Financial Analyst Intern

About Us:

ALM First Financial Advisors is a leading, trusted strategic partner for depository institutions, offering an array of financial advisory services. Since 1995, our expertise in asset liability management, fixed income portfolio management and hedging, has allowed us to deliver deeper insights into financial institutions’ balance sheets, strengthening their financial performance and building efficiencies. With more than $78 billion of investments under management. ALM First is an SEC-registered investment advisor, acting as an unbiased third party, offering commission-free, fee-based services to over 350 financial institutions nationwide.

Responsibilities:

The intern role is to facilitate the data work portion of the advisory team needs. Additionally, interns work closely with a Financial Advisor in maintaining client relationships

• Preparation of asset/liability management (ALM) reports
• Loading detailed data from clients into the ALM model via electronic data files
• Generating interest rate sensitivity analyses, including volatility in economic value of assets and liabilities and projected net interest income
• Analyzing interest rate risk positions utilizing results from the ALM analysis for clients
• Preparing written analyses of the ALM results
• Discussing ALM results with the Financial Advisor and with clients via remote or in-person presentations
• Preparing what-if analysis and providing written analysis  of the results
• Facilitate training of new analysts
• Contribute to the development of new products
• Participate in SSG projects
  • Credit and valuation
  • Distressed cash flow analysis

This position is an entry level position.

The day to day duties of the position can be categorized as either 1) analysis or 2) client related

• Analysis

• Manage all data to and from clients
• Model client balance sheets in ALM software
• Produce ALM output
• Prepare write-up analyzing ALM output
• Run what-if analysis
• Run monthly investment reports

• Client

• Discuss ALM results with clients
• Discuss what-if results with clients
• Discuss research and market conditions with clients
• Interact with client regarding data management

Minimum Education Qualification:

• Junior or Senior year of undergraduate degree in finance or a related field. No prior experience is required; however, at least 1 year of analyst work experience is preferred.   

Language Skills: Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, and team members.

Physical Requirements:

• Prolonged periods sitting at a desk and working on a computer
• Must be able to move about inside and outside of the office
• Must be able to lift up to 15 pounds at times
• Must be able to effectively communicate.

Work Environment:

• Work is normally performed in a typical interior/work environment
• Must be able to lift up to 15 pounds at times

ALM FIRST STATEMENT ON DIVERSITY & INCLUSION

ALM First believes deeply in equality and strongly supports diversity and inclusion. We will continue our driven dedication to financial inclusion for all Americans as we serve the clients providing critical financial resources to the communities that need them most. We are always looking at ways to challenge our diversity of thought, improve our own policies and practices to encourage diversity through the use of our designated committee.

Equal Employment Opportunity

ALM First has a commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.

Candidate Accommodations

ALM First values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. ALM First provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at [email protected] or via telephone at +1 800 752 4628 (U.S.).