Now is the perfect time to join our winning team! Signature Bank, member FDIC, was founded in 2001 as a full-service commercial bank with private client offices throughout the New York metropolitan area. In 2018, the Bank expanded its footprint to the West Coast with the opening of its first full-service private client banking office in San Francisco, and we continue to expand! The Bank’s growing network of private client banking teams serves the needs of privately owned businesses, their owners and senior managers. Signature Bank offers a wide variety of business and personal banking products and services.

What you should know about the Financial Modeling Analyst…

In this role, you are involved in monitoring the performance of financial models including Asset Liability Model and Stress Testing Model. Supports model owners to assess and address any concerns that arise from ongoing monitoring. Applies quantitative knowledge and skills to support finance and accounting duties including process improvement as well as the Bank's broader finance transformation initiatives.

In this role, your primary responsibilities will include:

• Conducts back tests and sensitivity tests to monitor the performance of Asset Liability Model and Stress Testing Model, and analyzes the model forecasts by comparing to the financial reports.
• Assists the model owners in developing and updating the ongoing model performance framework and the associated procedural documents in accordance with the Bank’s Model Risk Management policy.
• Supports process improvement initiatives in the credit reserving and financial reporting processes, including automating the process using programming language such as R or Python.
• Contributes to the quantitative asset/liability strategy development, liquidity and interest risk assessment, and other finance and accounting duties.
• Provides actuarial and quantitative assistance to model owners and model validators to address regulatory findings.
• Contributes to the Bank's Enterprise Resource Planning implementation and the broader finance transformation initiatives.

To be successful, your background should match these qualifications:

• Minimum 3 years relevant experience preferably involving Asset Liability Modeling, Stress Testing Modeling, balance forecasting and/or business process. Experience with the Banking industry either through a direct role at a Bank or public consulting.
• Bachelor's degree (BA, BS, BBA, etc.) from a four-year college or university required.
• Knowledge of accounting and financial concepts such as ALM, IRR, liquidity risk, balance forecasting.
• Financial modeling - Asset Liability Model, Interest Rate Model, Prepayment Model, Stress Testing Model.
• Knowledge of Oracle Cloud and ERP preferred.
• Strong Microsoft Excel skills is required; Programming language, such as R or Python required.
• Strong written and oral communication skills for updating documentation and communicating changes to relevant process or modeling areas.
• Aptness to manage multiple projects or work streams as well as quickly pivot for any high priority activities.
• Ability to work well with others across multiple internal and external stakeholders in the process.
• Self-starter who can run with resolving issues, improving a process, or performing an analysis without being asked.

We offer an amazing employee benefit package, including:

• A generous BONUS program with eligibility for all employees
• Comprehensive health benefits, including vision and dental options, and huge HSA contributions
• An award winning wellness program, with employee payments in several categories!
• Tuition reimbursement up to $10,000 annually
• 401K with company match and immediate vesting
• Pet Insurance
• Parental leaves
• And the list goes on!

Compensation:

Signature Bank offers a base salary in this position with a range of $69,600 - $100,100, dependent on qualifications and experience. In addition, there is an annual bonus plan that is paid based on merit and performance in the role.

For those candidates applying to locations in San Francisco: Signature Bank will consider for employment qualified applicants with criminal histories consistent with San Francisco Fair Chance Ordinance and federal laws applicable to Signature Bank.

View available Careers with Signature at www.signatureny.com/careers

We are an Equal Opportunity Employer.

We do not sponsor work visas.

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