Treasury Risk (ALM) Analyst

About Working at Commerce

Building a career here is more than just steps on a ladder. It's about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn't stop there. Our culture is about our people, the ones in our communities and the ones that work with us.

Here, you'll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You'll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after more than 155 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let's talk.

Compensation Range

Hourly: $33.40 - $57.20 (Amount based on relevant experience, skills, and competencies.)

***Level and grade of the role will be determined by knowledge, experience, skills, abilities, and education of the successful applicant filling the role.

About This Job

The main purpose of this job is to support all Treasury functions with an emphasis on interest rate risk analysis. Will also be required to understand and support Funds Transfer Pricing and/or Economic Capital Allocations.

Essential Functions

• Serve as a backup for the Asset Liability Manager
• Use and query large asset liability management (ALM) databases in varying formats and create assumptions with guidance
• Utilize ALM software to review the Bank's interest rate risk position
• Support profitability review through internal funds transfer pricing and economic capital allocations
• Utilize current market data and ALM software to create reports that help business units set their pricing
• Keep the ALM software updated with current market data
• Use MS Access to update various bank data sets used in the ALM software
• Use the ALM software to create market value and net interest income (NII) reports
• Assist with the Bank's stock buyback program
• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Basic understanding of a bank balance sheet, income forecasting and product cash flow
• Basic understanding of market rates, duration/convexity and market value analyses
• Basic understanding of statistics
• Familiarity with or ability to learn Qualitative Risk Management (QRM) software
• Familiarity with regulatory requirements
• Familiarity or awareness of Liquidity and Capital Management
• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
• Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
• Basic level proficiency with Microsoft Word, Excel, Access, Teams and Outlook

Education & Experience

• Bachelor's degree in Finance, Economics or Math or equivalent combination of education and experience required
• 1+ years' banking related experience required
• 1+ years' experience in a Finance or Treasury role preferred

***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles. This compensation range is for the Treasury Risk Analyst I, II & Senior job and contemplates a wide range of factors that are considered in determining most appropriate job level and making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $33.40 to $57.20 per hour. The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here to learn more.

Location: 8000 Forsyth, St. Louis, Missouri 63105

Time Type:

Full time