Asset Liability Management (ALM) subject matter consultant
Description
Position Overview:
We are seeking a highly experienced Asset Liability Management (ALM) and Balance Sheet Risk Consultant to support the design and development of a new commercial software product. This is a contractor role focused on functional design, serving as a Subject Matter Expert (SME) on the business side. The ideal candidate will bring deep domain expertise in ALM and balance sheet risk management, along with hands-on experience working with leading ALM platforms. You’ll collaborate closely with product managers, designers, and engineering teams to shape the features and functionality of an enterprise-grade solution for financial institutions.
Key Responsibilities:
- Act as the ALM subject matter expert for the product development team
- Work directly with RiskSpan team and client to understand business needs
- Translate ALM business requirements into functional specifications and product features
- Provide input on platform calculation engines, and user workflows
- Partner with UX and engineering teams to define and validate product design
- Review and validate outputs to ensure business and regulatory alignment
- Bring market and user perspective based on experience with top ALM systems
- Serve as the business SME and product owner for ALM-related initiatives
- Partner with client stakeholders to define requirements and align system capabilities with business objectives
- Provide functional expertise in ALM concepts, modeling, and platform usage
- Help interpret model outputs and support internal/external presentations
- Bring best practices in balance sheet management, capital/liquidity planning, and interest rate risk
Preferred Background and Qualifications:
- Strong expertise in ALM, balance sheet management, and interest rate risk modeling
- Strong working knowledge of ALM and balance sheet risk management principles
- Prior experience with leading ALM platforms such as:
- QRM (Quantitative Risk Management)
- Moody’s RiskConfidence / Fermat
- Empyrean
- Polypaths
- Wolters Kluwer OneSumX
- Oracle ALM / OFSAA
- Zafin
- Experience working in or supporting financial institutions, particularly in treasury, finance, or risk functions
- Comfortable interfacing with business and technical stakeholders
- Strong analytical, communication, and documentation skills
RiskSpan is proud to be an Equal Opportunity/Affirmative Action employer committed to hiring a diverse workforce and sustaining an inclusive culture. Qualified candidates must be legally authorized to be employed in the United States on an unrestricted basis.