Asset - Liability Management - Risk Analyst - Telecommute
Company: UnitedHealth Group
Location: Minnetonka
Posted on: June 23, 2022
Job Description:
-UnitedHealth Group is a company that's on the rise. We're
expanding in multiple directions, across borders and, most of all,
in the way we think. Here, innovation isn't about another gadget,
it's about transforming the health care industry. Ready to make a
difference? Make yourself at home with us and start doing your
life's best work.(sm) -We are seeking to hire an Asset-Liability
Management (ALM) Risk Analyst to support compliance with the
different regulations, guidance, and best practices specific to
interest rate and balance sheet stress risk exposure at Optum Bank.
This position will report to the Associate Director, Treasury. -The
position will work with Optum Bank's Treasury Team and the Asset
Liability Committee (ALCO) to identify, evaluate, and monitor
interest rate and other risk exposure through effective modeling
and reporting. - The successful candidate will utilize demonstrated
technical and analytical skills to assess data and other modeling
needs and develop effective and innovative solutions. - The goal of
these solutions is to further develop the asset-liability
management modeling and reporting capabilities to support strategic
and proactive management decisions. - - -You'll enjoy the
flexibility to telecommute* from anywhere within the U.S. as you
take on some tough challenges. -Primary Responsibilities:
- Perform statistical analysis to support IRR model
assumptions
- Collect, compile, and transform data inputs for use in Interest
Rate Risk modeling. - Implement and maintain processes to ensure
data integrity and look for opportunities to streamline processes
and improve efficiency
- Proactively develop effective and innovative solutions to data
management, reporting, or modeling needs
- Be responsible for data input and model preparation for
regulatory IRR assessment process, what-if modeling, and other ad
hoc modeling; including looking for opportunities to improve
efficiency and accuracy in this process
- Work with Investment Management to provide timely and accurate
instrument level security data for interest rate risk modeling
- Be proficient with the IRR model and be the subject matter
expert of the IRR model Data Management System
- Engage in validations and internal audits related to interest
rate risk modeling
- IRR model maintenance including internal audit and validation
follow-up, back-testing, attribute review, chart of account
changes, etc.
- IRR model risk governance including maintaining documentation
templates, risk-ratings, EUC management, model change control logs,
and procedures
- Develop and maintain the Balance Sheet Stress Testing Model
including maintaining compliance with model risk governance
guidelines
- Participate/present in ALCO meetings -You'll be rewarded and
recognized for your performance in an environment that will
challenge you and give you clear direction on what it takes to
succeed in your role as well as provide development for other roles
you may be interested in. -Required Qualifications
- Bachelor's degree in Finance, Economics, Statistics, or
equivalent degree
- Advanced knowledge of Microsoft Excel and VBA
- 3+ years of demonstrated work experience using SQL to query,
report and manage large data sets
- 3+ years of demonstrated solid financial analysis skills in a
banking context
- 3+ years of demonstrated problem-solving skills
- 3+ years of demonstrated solid written and verbal communication
skills
- Live within 50 miles of Minnetonka, MN or Salt Lake City,
UT
- Full COVID-19 vaccination is an essential requirement of this
role. Candidates located in states that mandate COVID-19 booster
doses must also comply with those state requirements. UnitedHealth
Group will adhere to all federal, state and local regulations as
well as all client requirements and will obtain necessary proof of
vaccination, and boosters when applicable, prior to employment to
ensure compliance -Preferred Qualifications
- General knowledge of asset/liability management practice
including interest rate risk or other modeling
- Ability to prioritize and handle multiple projects, with strong
attention to detail and validation/documentation techniques
- Ability to work independently to drive results and improve
processes
- Be a proactive thinker and have a continuous learning mindset
-To protect the health and safety of our workforce, patients and
communities we serve, UnitedHealth Group and its affiliate
companies require all employees to disclose COVID-19 vaccination
status prior to beginning employment. In addition, some roles and
locations require full COVID-19 vaccination, including boosters, as
an essential job function. UnitedHealth Group adheres to all
federal, state and local COVID-19 vaccination regulations as well
as all client COVID-19 vaccination requirements and will obtain the
necessary information from candidates prior to employment to ensure
compliance. Candidates must be able to perform all essential job
functions with or without reasonable accommodation. Failure to meet
the vaccination requirement may result in rescission of an
employment offer or termination of employment -Careers with Optum.
Here's the idea. We built an entire organization around one giant
objective; make health care work better for everyone. So when it
comes to how we use the world's large accumulation of
health-related information, or guide health and lifestyle choices
or manage pharmacy benefits for millions, our first goal is to leap
beyond the status quo and uncover new ways to serve. Optum, part of
the UnitedHealth Group family of businesses, brings together some
of the greatest minds and most advanced ideas on where health care
has to go in order to reach its fullest potential. For you, that
means working on high performance teams against sophisticated
challenges that matter. Optum, incredible ideas in one incredible
company and a singular opportunity to do your life's best work.(sm)
-*All Telecommuters will be required to adhere to UnitedHealth
Group's Telecommuter Policy. -Colorado, Connecticut or Nevada
Residents Only: The salary/hourly range for Colorado residents is
$66,100 to $118,300. The salary/hourly range for Connecticut/Nevada
residents is $72,800 to $129,900. Pay is based on several factors
including but not limited to education, work experience,
certifications, etc. In addition to your salary, UnitedHealth Group
offers benefits such as, a comprehensive benefits package,
incentive and recognition programs, equity stock purchase and 401k
contribution (all benefits are subject to eligibility
requirements). No matter where or when you begin a career with
UnitedHealth Group, you'll find a far-reaching choice of benefits
and incentives. - -Diversity creates a healthier atmosphere:
UnitedHealth Group is an Equal Employment Opportunity/Affirmative
Action employer and all qualified applicants will receive
consideration for employment without regard to race, color,
religion, sex, age, national origin, protected veteran status,
disability status, sexual orientation, gender identity or
expression, marital status, genetic information, or any other
characteristic protected by law. -UnitedHealth Group is a drug-free
workplace. Candidates are required to pass a drug test before
beginning employment. -Keywords: Asset Liability Management,
Interest Rate Risk, -Financial Risk Management, -ALM Modeling,
-Asset Liability Management Modeling, -Finance, -Accounting,
-Economics, -Business, -Excel, -#UHGCorp, Minnetonka, MN, -Salt
Lake City, UT
Keywords: UnitedHealth Group, Minnetonka , Asset - Liability Management - Risk Analyst - Telecommute, Executive , Minnetonka, Minnesota
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