Treasury Quantitative Analyst

About the Role

This position will report to the Assistant Treasurer with direct visibility to the Treasurer and within the Treasury team.

The role will provide statistical and analytical support on a wide range of balance sheet related decisions. Robust knowledge of statistical tools and Treasury functions is necessary and a solid understanding of mortgage and commercial loans, interest rate risk and asset liability management concepts.

Building strong partnerships and effective communication within Treasury are also integral to this position.

Support statistical analyses in support of asset / liability management and liquidity management processes including :

oUpdate deposit decay, deposit beta and deposit weighted average life models using the Empyrean Deposit Analytics tool to enhance the modeling of non-maturity deposits.

oPartner with the Model Development team to update loan prepayment models for commercial real estate, residential mortgage, leases, commercial and other loans.

Assist in ensuring the models are robust for asset liability modeling and capital stress testing.

oOversee model lifecycle management activities, such as development, implementation, performance monitoring and testing, documentation, validation, and automation.

oLead the on-going monitoring of all developed models.

oEnsure documentation of ALM feeder models and tools and processes is current and meets regulatory standards.

• Take ownership of assigned projects and see them from concept through implementation.
• Develop an understanding of our ALM data and the transformation processes for loading data into Empyrean.
• Maintain an awareness of current market and economic conditions.
• Prepare reports for ALCO, Treasury and other teams as needed.
• Maintain a working knowledge of fixed income instruments including mortgage-related products and indeterminate maturity deposits.
• Understand the cash flow drivers of our loan, investment, and deposit portfolios.

About You :

• Bachelor's Degree with concentration in Business, Finance, Accounting, Economics, Statistics or Mathematics with an MBA, CFA, CPA, CTP a plus ·Three plus years of experience in analyzing and modeling complex financial instruments in an asset liability management, fixed income research or trading, or similar context.
• Advanced skills in Excel; SQL, Python, R or SAS. ·Good Understanding of statistical techniques such as linear regression, correlations analysis, T-tests, F-tests, and model development skills.
• Scripting / programming experience and understanding of data modeling and management. ·Ability to synthesize and present complex and technical information clearly to management.
• ALM software experience (Empyrean, Bancware, QRM, etc.) ·An understanding of interest rate risk metrics such as NII / NIM, EVE, duration, convexity, basis risk, optionality, etc.

is beneficial. ·Ability to interact and build relationships across all functions within an organization. ·Organized and detail oriented.

• Basic accounting knowledge ·Self-starter with the motivation to assume additional responsibilities over time. ·Work involves sitting, occasional walking and lifting up to 10 pounds.
• Requires close visual acuity. ·Normal office environment ·Occasional travel Work Style : Umpqua Bank offers a Flexible Workplace Program and this opportunity comes with the Flex Office work style which is working in office from a designated company location three days weekly with flexibility to work remotely up to two days weekly.

Our Benefits :

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $58,452.

00 to $120,615.00 and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location.

The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays.

Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.