Senior Director, Asset Liability Management, Marlboro or Chelmsford, MA, Hybrid, Full-Time

Schedule

Monday - Friday 8-5 (40 hours)

What You'll Do

Job Summary:

This role provides strategic leadership over the organization's balance sheet risk management activities, ensuring alignment between financial structure, risk appetite, and business objectives. This role oversees enterprise-wide practices for managing liquidity, interest rate, and foreign exchange risks while guiding stakeholders through complex regulatory, financial, and market considerations.

Essential Functions:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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  • Direct the execution of enterprise-wide ALM strategies across the local or regional level, ensuring that structural risk and margin outcomes are aligned with long-term business goals and strategic financial planning.
  • Drive functional excellence and organizational capability within the ALM department, directing the strategy for leadership development, succession planning, and a high-performance culture.
  • Serve as the senior executive steward of the institution's balance sheet, making high-impact decisions on margin economics and risk-return tradeoffs that influence the organization's long-term financial sustainability.
  • Drive the evolution of an integrated economic framework for IRR, liquidity, and FTP, ensuring these disciplines are operationalized across multiple teams to provide cohesive guidance for balance sheet positioning and pricing.
  • Influence executive-level decision-making by working closely with the VP of ALM and other senior leadership to translate complex analytical insights into matters of strategic importance for the Board and ALCO.
  • Oversee the functional infrastructure and technology ecosystem, ensuring that resource allocation, modeling methodologies, and data governance support the long-term success and scalability of the ALM function.
  • Provide senior-level accountability for the functional governance of ALM models and regulatory standards, directing the response to high-stakes audits and exams and ensuring the development of robust internal policies and controls.
  • Foster cross-functional collaboration at the leadership level, partnering with all of Treasury and Business Unit heads to drive the execution of funding, hedging, and growth strategies that optimize the enterprise balance sheet.
  • Maintain an enterprise-wide view of industry trends, regulatory shifts, and peer benchmarking to ensure the organization's ALM practices and risk management frameworks remain competitive and at the forefront of industry standards.
  • Lead functional transformation initiatives, such as the adoption of advanced analytics or automated workflows, to improve the speed, accuracy, and depth of balance sheet decision-making.
  • Direct the functional response to significant market volatility or systemic stress events, providing executive leadership with rapid, strategic assessments of margin, liquidity, and capital impacts.
  • Manage the functional budget and long-term resource planning for the ALM department, ensuring the function has the necessary talent, technology, and infrastructure to support evolving business requirements.
  • Drive the high-level narrative for Board Committee reporting, ensuring that complex structural risks are communicated clearly and that the board is equipped to provide effective oversight of the balance sheet.
  
  
  
  
  

Education & Experience:

• Required Education: Bachelor's degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree), advanced degree preferred.
• Required Experience: 8+ years of relevant experience, 6+ years as a People Leader.

Qualifications & Skills:

• Extensive experience in balance sheet risk management, treasury, financial risk, or related finance leadership roles within complex organizations.
• Deep expertise in liquidity management, interest rate risk, and balance sheet analytics across diverse financial structures.
• Strong command of financial modeling, risk measurement methodologies, and regulatory reporting expectations.
• Proven ability to influence executive decision-making and guide enterprise-level financial strategy.
• Demonstrated leadership capability, including setting direction, managing senior teams, and driving cross-functional alignment.
• Excellent communication skills with the ability to convey complex financial risks clearly to technical and non-technical audiences.

What We Do

DCU is the largest credit union headquartered in New England - serving more than one million members in all 50 states. With over 1,700 team members, we strive to make DCU a great place to work with an excellent work-life balance, and a community that cares.

DCU is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

If you're applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to careers@dcu.org and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.

DCU is not currently offering Visa transfer/ sponsorship for this position.

Expected Pay Range

$180-$210k