Manager, Interest Rate Risk Forecasting

This position manages Financial Analysts and will perform a wide range of other economic or financial analyses such as competitive trends, pricing, cash flow, product line evaluation, and capital additions. Reports may include, external economic trends, matters of potentially significant financial impact to the company, long-term profit or loss forecasts to facilitate management review of capital appropriations, expansion strategies, product line changes, evaluate and provide recommendations for pricing practices and review significant pricing decisions for economic soundness. Under limited supervision, uses specialized knowledge and skills obtained through education and experience to support the Firm as it continues to enhance its Interest Rate Risk modeling capabilities in preparation for continued growth and additional regulatory requirements associated with firms in excess of $100 billion. The role will focus on the enhancement and buildout of the firm’s Interest Rate Risk modeling and timely preparation of results for management. A successful candidate will have a demonstrated history of being an individual self-starter, working efficiently to meet tight deadlines, and recommending solutions to complex problems.

Responsibilities

Assists Finance leadership with planning and executing strategic initiatives, with a focus on enhancing, building, maintaining, and running interest rate risk shock scenarios, back-testing, and maintenance and sensitivity testing of key assumptions; As interest rate risk processes are developed and finalized, oversees business as usual related to model execution and produces quality deliverables in a timely manner; Prepares analyses and reports for the RJF Board of Directors and management committees; Assists with requests from Risk Management, Internal Audit, and regulators; Researches and makes recommendations to resolve issues; Stays abreast of evolving regulatory requirements; May be responsible for the oversight and management of direct reports; Identifies and recommends process improvements to increase efficiency in analyzing financial information; Assists in training others; Performs other duties and responsibilities as assigned

Requirements

Bachelor's Degree; Minimum of five (5) years of experience; Experience with Empyrean, QRM, or other asset and liability or balance sheet modeling software; Any equivalent combination of experience, education and/or training approved by Human Resources; Knowledge of specific subject matter expertise regarding area of responsibility and a solid business understanding of Raymond James products and services; Knowledge of financial analysis concepts, practices, and procedures; Knowledge of fundamental concepts of financial markets; Knowledge of financial risk management and mitigation strategies to support sound financial planning; Knowledge of regulatory expectations for Large Financial Institutions (LFI); Ability to gather and analyze financial information to identify key trends, risks, and insights; Ability to analyze issues, evaluate alternatives, develop proposals, and present recommendations; Ability to use Excel for financial modeling, data manipulation, and creating financial forecasts; Ability to leverage the Empyrean asset and liability management system for forecasting and reporting; Ability to communicate effectively, both orally and in writing, across all organizational levels; Ability to make independent decisions and solve complex problems; Ability to partner with other functional areas to accomplish objectives; Ability to proactively address issues and develop solutions; Ability to reengineer existing processes and implement process improvement initiatives; General Experience - 6 to 10 years; Manager Experience - 3 to 6 years

Nice to have

Major in Finance or a related field (preferred); Experience with Bank Holding Company requirements (preferred)

Benefits

Medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); parental leave