Careers

Open Positions at ALM First

HR Generalist

Department: Human Resources – Operations
Reports To: Human Resource Manager

Job Summary:

The HR Generalist will partner with HR Manager and engage with ALM First team members to implement HR plans and support managers and employees within the client areas. The successful candidate will be solutions-oriented critical thinker who is proactive and responsive, has a passion for HR and excellence at a growing company, and has a hands-on approach to office administration and project management. The HR Generalist must be highly credible, approachable, and comfortable providing advice and counsel to both managers and employees.

Qualifications:

  • Knowledge of functional areas within HR including compensation, benefits, employment, and employee development
  • 1-2 years of experience in HR coordinator, HR assisting or HR interning role.
  • Experience using Salesforce, BambooHR, Nexonia, MineralTree, Microsoft Office, Outlook, and Excel
  • Experience handing employee relation issues is a plus.

Responsibilities:

  • Serve as the first line of contact for inquires and provide proper follow up to resolve issues by managing HR & Careers mailbox
  • Execute and co-lead the ALM First recruitment and interview process by scheduling and conducting screenings with candidates, communicating with hiring managers and providing necessary follow-up
  • Lead administrative 401k and payroll process with support from PEO vendor and HR Manager. Assist with international payroll process.
  • Process monthly employee reimbursements and follow-up when necessary
  • Prepare and maintain daily, weekly, and monthly reports for internal departments
  • Monitor and conduct the surveys for team members to foster a high level of employee engagement
  • Assist with immigration activities documentation and process for team members in partnership with outside counsel
  • Assist with DEI Committee and monthly meeting preparations/meetings
  • Assist with efforts to enhance employee relations, separations, and exit interviews
  • Maintain HR employee recordkeeping systems
  • Researching new technology and market trends in HR

Minimum Education Qualification

  • Bachelor’s Degree or equivalent post-secondary degree.
  • Pursuing SHRM-CP or PHR, huge plus

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 $75 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.

ALM FIRST STATEMENT ON DIVERSITY & INCLUSION

ALM First believes deeply in equality and strongly supports diversity and inclusion. Many of the clients we serve were founded to provide equal economic opportunities for their communities. By providing fair and affordable access to credit, our depository clients are helping individuals and families of modest means buy their first homes and open or maintain their small businesses. We will continue our commitment 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 how we can improve our own policies and practices to encourage diversity through the use of an Employee Task Force.

Analyst

Department: Investment Management Group
Reports To: Senior Director

Job Summary:

This position will work within the ALM First Investment Management Group (IMG) and Support traders, portfolio managers, and client service in the development, communication, and execution of investment strategies that seek to maximize risk-adjusted performance across the firm’s discretionary and non-discretionary institutional mandates.

Qualifications:

  • 0-3 years of relevant work experience, preferably in asset management, banking, or related field
  • Understanding of macroeconomic and fixed income fundamentals
  • Familiarity with securitized products, corporate credit, municipal bonds, and repo markets
  • Working knowledge of Bloomberg, Intex, and other analytics platforms
  • Excellent written and verbal communication skills
  • Proficiency in Microsoft Office, particularly Microsoft Excel and PowerPoint. Experience with VBA, SQL is a plus.

Responsibilities:

  • Aid senior staff in portfolio strategy and construction, congruent with client’s investment guidelines and objectives
  • Perform portfolio risk analytics and performance attribution and communicate findings to senior staff and client service
  • Portfolio monitoring – review/analyze weekly analytics and portfolio weights to help inform investment decisions
  • Support business development in RFP reviews, marketing material, and ad-hoc requests
  • Monitor credit portfolios to evaluate ongoing credit quality and ratings migrations
  • Re-balancing of model portfolios to model/target weights
  • Assist in economic, market, and relative value research and commentary
  • Respond to ad-hoc requests from traders and portfolio managers

Minimum Education Qualification

  • Bachelor’s degree and strong academic record with a concentration in finance, economics, mathematics, or other related quantitative/analytical discipline preferred. Advanced degree is a plus

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 $75 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.

ALM FIRST STATEMENT ON DIVERSITY & INCLUSION

ALM First believes deeply in equality and strongly supports diversity and inclusion. Many of the clients we serve were founded to provide equal economic opportunities for their communities. By providing fair and affordable access to credit, our depository clients are helping individuals and families of modest means buy their first homes and open or maintain their small businesses. We will continue our commitment 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 how we can improve our own policies and practices to encourage diversity through the use of an Employee Task Force.

Director, Enterprise Risk Management

Department: Strategic Solutions Group (SSG)
Reports To: Managing Director, ALM Analytics

Job Summary:

This position will work with the ALM First Strategic Solutions Group (SSG) and Analytics team and will be primarily responsible for advising clients on enterprise risk management.

Responsibilities:

  • Advising clients on enterprise risk best practices at financial institutions.
  • Discuss current enterprise risk practices and provide recommendations for improvement.
  • Develop and implement enterprise risk practices to fit within the client’s needs and goals
  • Directs clients in the development of risk dashboards and reporting metrics in alignment with risk appetite/profile.
  • Advise clients on best practices for reporting of risk appetite and risk limits
  • Advise on model risk management practices and procedures.
  • Contribute to the development of new products
  • Produce research pieces, articles, and webinars to be used in ALM First marketing materials

Qualifications:

  • 5 years of related experience in Enterprise Risk management.
  • Excellent written and verbal communication skills
  • Working knowledge of relevant analytics platforms
  • Strong work ethic, attention to detail, and superior analytical skills
  • Proficiency in Microsoft Office, particularly Microsoft Excel and PowerPoint. Experience with VBA and/or SQL is a plus.

Minimum Education Qualification:

  • Undergraduate degree , quantitative focus

ALM FIRST STATEMENT ON DIVERSITY & INCLUSION

ALM First believes deeply in equality and strongly supports diversity and inclusion. Many of the clients we serve were founded to provide equal economic opportunities for their communities. By providing fair and affordable access to credit, our depository clients are helping individuals and families of modest means buy their first homes and open or maintain their small businesses. We will continue our commitment 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 how we can improve our own policies and practices to encourage diversity through the use of an Employee Task Force.

Director, Fixed Income Trading

Department: Investment Management Group
Reports To: Chief Investment Officer

Job Summary:

This position will work within the ALM First Investment Management Group (IMG) and be responsible for a portion of the firm’s investment-grade fixed income trading effort.

Qualifications:

  • 3+ years of relevant work experience, preferably in fixed income asset management, sales & trading, or related field
  • Experience with securitized products and other high credit quality sectors
  • Excellent written and verbal communication skills
  • Working knowledge of Bloomberg and other relevant analytics platforms
  • Strong work ethic, attention to detail, and superior analytical skills
  • Proficiency in Microsoft Office, particularly Microsoft Excel and PowerPoint. Experience with VBA and/or SQL is a plus.

Responsibilities:

  • Oversee security selection and trading efforts for designated fixed income sectors
  • Make positioning recommendations versus relevant benchmarks/indices
  • Monitor ex-ante and ex-post sector analytics and work with modeling team to make necessary adjustments
  • Participate in production of regular market commentaries and webinars to communicate performance, relative value, and other relevant topics downstream to internal staff and clients
  • Work with portfolio management and client service teams in the development and execution of client investment strategies

Minimum Education Qualification

  • Bachelor’s degree and strong academic record with a concentration in finance, economics, mathematics, or other related quantitative/analytical discipline preferred. Advanced degree and/or CFA designation is a plus.

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 $75 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.

ALM FIRST STATEMENT ON DIVERSITY & INCLUSION

ALM First believes deeply in equality and strongly supports diversity and inclusion. Many of the clients we serve were founded to provide equal economic opportunities for their communities. By providing fair and affordable access to credit, our depository clients are helping individuals and families of modest means buy their first homes and open or maintain their small businesses. We will continue our commitment 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 how we can improve our own policies and practices to encourage diversity through the use of an Employee Task Force.

Financial Analyst

Department: Strategic Solutions Group (SSG)
Reports To: Associate, SSG

Qualifications:

  • Bachelor’s degree in economics, finance, applied mathematics, engineering, computer/data science or physics
  • Minimum one year related analytical work experience
  • Strong understanding of broad financial markets, asset liability management (ALM) analysis and depository valuation. Ability to handle multiple, complex projects with attention to detail while meeting deadlines
  • Demonstrated quantitative and analytical skills
  • Demonstrated the ability to function in a fast paced, ambiguous working environment with multiple and diverse responsibilities while possessing exceptional organizational and communication skills
  • Must be proficient in Excel and have experience developing statistical models using large, complex data sets. Aspiration and propensity to problem solve using advanced functions.

Responsibilities:

  • Prepare balance sheet risk assessment reports, parallel ALM analyses, and process reviews for depository institutions
  • Perform merger valuations for depository institutions
  • Maintain credit table projections in analytics software and provide continuous market updates to firm on default and severity projections by product type
  • Manage and refresh key economic variables dataset

Preparing reports:

  • Validations
  • Merger valuations
  • CECL valuations
  • Hedging strategies
  • Capital stress testing
  • Creation of presentation material

ALM FIRST STATEMENT ON DIVERSITY & INCLUSION

ALM First believes deeply in equality and strongly supports diversity and inclusion. Many of the clients we serve were founded to provide equal economic opportunities for their communities. By providing fair and affordable access to credit, our depository clients are helping individuals and families of modest means buy their first homes and open or maintain their small businesses. We will continue our commitment 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 how we can improve our own policies and practices to encourage diversity through the use of an Employee Task Force.