Asset Liability Management (ALM) subject matter consultant

Job Description:

Position Overview: We are seeking a highly experienced Asset Liability Management (ALM) and Balance Sheet Risk Consultant to support the design and development of a new commercial software product. This is a contractor role focused on functional design, serving as a Subject Matter Expert (SME) on the business side. The ideal candidate will bring deep domain expertise in ALM and balance sheet risk management, along with hands-on experience working with leading ALM platforms. You’ll collaborate closely with product managers, designers, and engineering teams to shape the features and functionality of an enterprise-grade solution for financial institutions. Key Responsibilities: 

• Act as the ALM subject matter expert for the product development team
• Work directly with RiskSpan team and client to understand business needs
• Translate ALM business requirements into functional specifications and product features
• Provide input on platform calculation engines, and user workflows
• Partner with UX and engineering teams to define and validate product design
• Review and validate outputs to ensure business and regulatory alignment
• Bring market and user perspective based on experience with top ALM systems
• Serve as the business SME and product owner for ALM-related initiatives
• Partner with client stakeholders to define requirements and align system capabilities with business objectives
• Provide functional expertise in ALM concepts, modeling, and platform usage
• Help interpret model outputs and support internal/external presentations
• Bring best practices in balance sheet management, capital/liquidity planning, and interest rate risk

 Preferred Background and Qualifications: 

• Strong expertise in ALM, balance sheet management, and interest rate risk modeling
• Strong working knowledge of ALM and balance sheet risk management principles
• Prior experience with leading ALM platforms such as:
• QRM (Quantitative Risk Management) 
• Moody’s RiskConfidence / Fermat 
• Empyrean 
• Polypaths 
• Wolters Kluwer OneSumX 
• Oracle ALM / OFSAA 
• Zafin 
• Experience working in or supporting financial institutions, particularly in treasury, finance, or risk functions
• Comfortable interfacing with business and technical stakeholders
• Strong analytical, communication, and documentation skills

 RiskSpan is proud to be an Equal Opportunity/Affirmative Action employer committed to hiring a diverse workforce and sustaining an inclusive culture. Qualified candidates must be legally authorized to be employed in the United States on an unrestricted basis.