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, Professions , Minnetonka, Minnesota