Senior Balance Sheet Strategist Position Available In Dauphin, Pennsylvania

Members Achieve More isn’t just a tagline for us, it’s part of everything we do! We’re looking for passionate individuals to join our team to help us maintain that focus every day. Want to work somewhere that’s remained strong for 90 years, that encourages you to learn, grow, and pursue your dreams? If yes, then read on… The Senior Balance Sheet Strategist will be responsible for formulating, recommending, and executing balance sheet optimization strategies to achieve strategic goals while maximizing relative value and managing risk. The main area of responsibility includes developing and recommending strategies related to balance sheet allocations, buying/selling loans (either in whole loan form or in participations), the investment portfolio, and derivatives. The ability to work with a high degree of independence is required, as well as the ability to exercise strong judgement. Provides coaching and mentoring to a subordinate group.

Schedule:

Monday – Friday 8:00am – 4:00pm In this position, you will

Balance Sheet Optimization & Execution:

Measure and evaluate the relative value of all assets and liabilities on the balance sheet to determine the optimal asset allocation and funding mix within the overall financial risk management framework. Develop, recommend, and execute strategies related the investment portfolio, buy/sell loans (either in whole loan form or in participation), funding strategies, and hedging strategies.

Investment Portfolio Management:

Evaluate new investment strategies and make recommendations to the Director, Balance Sheet Strategy & Capital Markets. Track and report investment strategy performance. Complete the pre-purchase reviews and ensure all documentation is accurate.

Loan Purchase & Sales:

Assist with facilitating all loan trading activities (either in whole loan form or in participations) related to PSECU’s Mortgage, Home Equity, Auto, and Consumer Loan portfolios. Assist with completing loan valuation analysis and make recommendations on what to purchase/sell and at what price.

Financial Risk Management:

Monitor PSECU’s aggregate financial risk to include interest rate risk, liquidity risk, and risk to net worth, and develop and recommend hedging strategies to manage risk within the balance sheet. Assist with the Management Asset/Liability Committee by presenting balance sheet strategies, economic trends, and making recommendations.

Strategic Pricing:

Analyze market trends, competitor pricing, and member needs to develop and recommend profitable and competitive pricing models for loans and deposits. Collaborate with key stakeholders to ensure pricing strategies align with overall business objectives and member value propositions.

Economic & Business Insights:

Analyze economic and business trends to identify opportunities and risks, and translate these insights into actionable strategies that enhance the credit union’s financial performance and member value. Other duties as assigned.

Qualifications:

Required & Preferred Bachelors (Required) Reasonable accommodation may be made to enable a qualified individual with a disability or disabilities to perform the essential duties and responsibilities of the job.

Physical Demands and Sensory Abilities:

Repetitive movement of hands and fingers (e.g. typing, writing). Lifting and carrying containers weighing as much as 20-30 pounds (e.g. to/from building and vehicle to a storage area). Sitting for long periods of time (e.g. at a desk, in meetings). Ability to reach above, at, and below the waist. Ability to reach above, at, and below shoulder level. Occasional bending, kneeling, stooping and/or squatting. Visual acuity. Auditory acuity. In 1934, 22 ordinary people pooled $90 of their own money and formed PSECU, a not-for-profit credit union, to provide a better life for themselves and their families. Since then, PSECU has grown to over $8 billion in assets, more than 590,000 members, and approximately 850 employees. We’ve been recognized by several organizations for our high-quality, low-cost financial products and services, positive member experience, and commitment to helping our Members Achieve More.