[Hiring] Consultant – Financial Risk Modeling @Empyrean Solutions LLC

Role Description

As an Outsourcing Consultant, you'll work directly with our modeling analysts and client-facing team to process client models, apply assumptions, and help deliver accurate, decision-ready results.

• Process client ALM/IRR models through production pipeline, including data ingestion, model setup, and assumption management (e.g., non-maturity deposit decay rates and betas)
• Support NII (Net Interest Income) and EVE (Economic Value of Equity) sensitivity analysis to help clients assess risk exposures and profitability
• Ensure balance sheet structures, cashflow assumptions, and rate scenarios are configured to produce accurate, decision-ready results
• Ensure client data is complete, reconciled, and reliable as the foundation for modeling and reporting
• Prepare risk measurement reports and analyses for client-facing consultants and, as experience grows, directly for clients
• Advise on best practices for Economic Value of Equity, Earnings at Risk, Stress Testing
• Act as a liaison between the client-facing consulting team and Empyrean's product management team, channeling production-queue learnings into product direction
• Apply AI-assisted tools and repeatable processes to deliver value more efficiently and consistently, and contribute to improving those processes over time
• Follow all applicable policies and controls, and use approved channels for transmitting sensitive customer data
• Perform other job duties and assignments as needed and directed

Qualifications

• Demonstrated experience in finance, accounting, economics, mathematics, or related discipline
• Interest or experience in banking, financial services, risk management, or financial technology
• Understanding of a bank's balance sheet, fixed income payment calculations, and financial statements
• Advanced knowledge of Excel, including formula-based modeling (VBA experience a plus)
• Experience working with large datasets
• Strong attention to detail and good planning and organization skills
• Comfortable following and improving structured processes
• Demonstrated interest in AI literacy in a professional environment, including awareness of data-handling and confidentiality considerations

Requirements

• Working knowledge of asset/liability management (ALM) and interest rate risk concepts
• Progress toward a CFA, FRM, or PRM certification
• Bank internship experience
• Knowledge of SQL, Power Query, or other data-analysis tools
• Familiarity with fixed-income cashflow calculation and fixed income math

Location

Remote, U.S. applicants only

Compensation

$55,000 - $65,000 annually