Risk Analyst - Simulation

Our client is seeking a Risk Analyst Income Simulation to join their team. As a Risk Analyst in Income Simulation you will interact with stakeholders across the organization, such as business development and balance sheet management teams, to model the future income of the Bank. Key responsibilities include overseeing, monitoring, and reporting on the Bank's income forecast, retained earnings growth, dividend ability and balance sheet compliance.

You will perform income at risk modeling and analysis, limits monitoring and reporting.

How You'll Make An Impact:

• Enable strategic decision-making by delivering robust income at risk modeling, forecasting, and scenario analysis to support the Bank s balance sheet strategy and CFO-led planning processes.
• Strengthen financial resilience and risk oversight by monitoring income forecasts, retained earnings, and risk exposures, ensuring alignment with regulatory expectations and management objectives.
• Drive cross-functional insights and process efficiency by partnering with business units to refine assumptions, evaluate new products and hedging strategies, and improve forecasting and modeling processes.

What You Can Expect:

• Support income forecasting and risk analysis processes, to model the Bank s income at risk, risk exposures and sensitivity to each.
• Lead the preparation and development of reporting and presentation for various internal committees and Board meetings.
• Collaborate with business units to understand and refresh assumptions on future member activity and investment capacity.
• Support the CFO in the annual Strategic Planning process by incorporating additional risk/stress scenarios in the income forecast process and risk analysis framework.
• Collaborate with internal stakeholder on modelling changes and version upgrades to implement changes and assess income impact.
• Collaborate with other departments on new product development, new investment consideration and hedge strategy implementation to assess income impact.
• Assist in process re-engineering, model documentation and EUC(End-User Computing) maintenance
• Other duties as assigned.

What You ll Bring:

• 3-5 years of experience in ALM, risk management, risk modeling or fixed income capital markets.
• Bachelor s degree in Accounting or a quantitative field (Mathematical Finance, Computational Finance, Computer Science, Finance, Statistics, and Mathematics). Master s degree preferred.
• A designation of CFA (Chartered Financial Analyst) or FRM (Financial Risk Manager) is a plus.
• Strong written and verbal communication skills, including the ability to convey complex concepts.
• Detail oriented, with strong problem-solving abilities and quantitative/analytical skills.
• The ability to self-manage and work on multiple deliverables concurrently.
• Proficient in Microsoft Office products such as Excel, PowerPoint, and Word.
• Knowledge of VBA and one other programming language (Python, R) is a PLUS
• Asset/Liability Management experience and exposure to fixed income securities and derivatives

Salary: $75,000 - $125,000 (based on experience) + benefits.

About The Company

Peterson Technology Partners (PTP) is an Equal Opportunity Employer committed to creating a transparent, inclusive, and human-centered hiring experience.

For more than 28 years, PTP has operated as one of the top IT staffing and recruiting firms in the USA built on trust, long-term partnerships, and technical excellence.

Based in the Chicago suburb of Park Ridge, IL, our team of more than 500 employees and consultants is dedicated to:

Helping every client make the best hiring decisions possible

Matching professionals with the right IT jobs and career opportunities

As part of that commitment, we believe in providing clear information about how our hiring technologies work and how your data is used. The following section outlines our AI-assisted interview process and your rights as a candidate.

AI-Assisted Interview Experience (Pete & Gabi Rebecca)

To provide a consistent, fair, and flexible experience for all candidates, we use AI-assisted tools to support parts of the interview process. This includes our proprietary AI platform Pete & Gabi, which includes AI recruiter Rebecca.

These…