Oversee the design and delivery of solutions that support the fundamental data and governance process for your organization to effectively provide seamless, reconcilable processes and systems that adhere to corporate governance and regulatory requirements.

More Uses of the Asset Liability Management Toolkit:

  • Ensure you mastermind; lead based on organizational needs and expected outcomes, provide leadership to plan and coordinate strategic initiatives of the Finance Department.
  • Ensure your planning serves as a liaison with other lines of business and organization functions/departments to promote improvement in valuation and financial analysis for assigned business.
  • Assure your organization meets with existing customers and prospects through personal calling efforts and other contacts to consider business needs and recommend ways in which your organization can help provide business solutions to all of the financial needs.
  • Supervise teams in establishing appropriate data acquisition processes in support of defined governance, balance and control methodologies.
  • Oversee: own and execute monthly ETL (extract, transform, load) and general ledger reconciliation process in support of balance sheet management team.
  • Manage work with first line of defense Data Governance and Process Management teams to develop, enhance and measure governance compliance and process controls in support of on going operations and reporting out to internal and external audits.
  • Arrange that your project makes a positive contribution as demonstrated by making suggestions for improvement, and learning new skills, procedures and processes.
  • Perform continuous analysis to identify and prioritize high impact process improvements, efficiency opportunities, and cost saving initiatives.
  • Engage in ongoing self development to enhance technical and professional knowledge and to improve leadership skills and competencies.
  • Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate Generally Accepted Accounting Principles, regulatory requirements, and Office of Management and Budge audit requirements.
  • Develop and execute on short and long term strategies to support the overall growth, retention and expansion of organization business products, services and markets.
  • Support the market risk management review of large and complex insurance/reinsurance transactions with embedded financial market risks.
  • Steer: conduct market analysis and business segmentation research to maximize conversion potential in marketplace to drive engagement and profitability.
  • Secure that your planning complies; conducts a variety of financial analysis and forecasting to aid in completion of organization wide projects and product development.
  • Convene with customers through personal calling efforts, branch referrals and other contacts to consider business needs and recommend ways in which your organization can serve needs.
  • Be accountable for creating files for the third party Asset Liability Management reporting and ensures all necessary data is received to complete the processing for simulations.
  • Establish that your corporation communicates association board policy and management philosophy on fiscal related items to association staff affecting the Associations financial operations.
  • Provide support and expertise to Managers and Supervisors throughout your organization as appropriate regarding a variety of issues, accounting, financial and statistical analysis and business strategies.
  • Collaborate to deliver strategic, visionary solutions with certified data that maximizes your organizations investment to be leveraged across your organization.
  • Perform analysis of datasets, build accurate data maps, and conduct regular data validation to support your organizations control framework.
  • Maintain the efficiency and accuracy of your model implementations through continuous improvement and application of best practices.
  • Ensure you challenge; lead activities necessary to support the day to day operation in providing data for the Finance and Risk Organizations process and reporting needs.
  • Establish, communicate, and enforce organizational accounting and reporting standards to maintain organizations compliance with Generally Accepted Accounting Principles (GAAP) and legal/regulatory requirements.
  • Update and administer organization policies that govern organizational spending practices, shareholder earnings distributions, your organizations insurance program, and other organization activities as appropriate.
  • Manage to develop, operate, and maintain models appropriate for projecting financial performance and capital under various economic scenarios.
  • Ensure that all accounting, collections, and fraud management policies and procedures are maintained up to date and that your organizations monitor proper compliance.
  • Maintain relationships with departments to obtain uniform data and compile consolidate and summarize forecasts, cash management and asset/liability management information.
  • Supervise: continuously engage in model validation and ensures accuracy and relevance of the models being applied is effective in the current economic and market environment.
  • Confirm your organization develops and maintains reliable organization financial information as a basis for management planning and decision making and financial reporting requirements.
  • Establish: through effective leadership, ensures members wealth is built and earnings are maximized by establishing long range goals, strategies, plans and policies designed to optimize the efficiency of the operations and effectiveness of the portfolio.

 

Categories: Articles