Asset Liability Analyst
Location: Terre Haute, IN (On-Site)
Status: Full-Time, Hourly Non-Exempt
Why Join First Financial Bank?
As an Asset Liability Analyst, you will play a key role in ensuring the financial strength and risk management of the Bank. This position supports the institution’s strategic decision-making by delivering accurate financial forecasts, interest rate risk analyses, and liquidity assessments. The ideal candidate will bring analytical precision, regulatory awareness, and a collaborative mindset to a role that directly contributes to the Bank’s long-term financial health.

What You’ll Do

• Build Expertise: Develop a deep understanding of balance sheet structure, interest rate risk, and liquidity management.
• Forecast Financial Outcomes: Model and analyze the Bank’s balance sheet and Net Interest Income (NII) under a variety of scenarios.
• Measure Risk Exposure: Assess interest rate risk (IRR) and perform stress testing to support financial strategy.
• Support Strategic Planning: Deliver insights on profitability, capital allocation, and liquidity through data-driven analysis.
• Maintain Accurate Data: Update and manage detailed loan, deposit, and investment datasets for modeling and forecasting.
• Operate Modeling Tools: Utilize and enhance the Empyrean Model to assess risk and scenario outcomes.
• Prepare Reporting: Produce timely reports and dashboards for senior leadership, board presentations, and regulatory purposes.
• Monitor Collateral: Reconcile investments and oversee pledged collateral for public funds and repurchase agreements.
• Ensure Compliance: Document and maintain procedures while supporting model governance and regulatory adherence.
• Collaborate Across Teams: Partner with Treasury, Finance, and Risk teams to align analysis with organizational objectives.

What We’re Looking For

• Bachelor’s degree in Business Administration, Finance, Economics, or Accounting.
• Minimum of 2 years of experience in finance, banking, or a related field is preferred.
• Proficiency in financial analysis, modeling, and interpreting complex data.
• Familiarity with fixed income instruments, swaps, caps, and floors is preferred.
• Advanced knowledge of Microsoft Excel; experience with financial modeling tools is preferred.
• Understanding of regulatory and internal compliance standards.
• Strong written and verbal communication skills.
• Strong attention to detail, analytical thinking, and problem-solving skills.
• Experience maintaining organized, accurate, and detailed records.
• Ability to manage multiple priorities under tight deadlines.
• Proficiency in Microsoft Office, particularly Excel.
• Ability to remain in a stationary position for up to 75% of an eight (8) hour workday.
• Ability to commute to the primary work location and to occasionally travel to other work locations within driving distance.

What We Offer

• Competitive Pay & Benefits: Medical, dental, vision, and employer-paid life and disability insurance.
• Financial Perks: 401(k) match, Employee Stock Ownership Program (ESOP), and banking benefits.
• Work-Life Balance: Paid time off, including 11 Federal Reserve bank holidays.
• Growth Opportunities: Tuition assistance and professional development programs.
• A Supportive Culture: Integrity, collaboration, innovation, and respect are at the heart of what we do.

Who We Are
First Financial Bank is a dynamic financial institution with over $5.5 billion in assets and a proud history dating back to 1834. With 83 banking centers across five states, we are committed to empowering our clients, fostering personal growth, and building community.
Joining First Financial Bank means becoming part of a legacy where your work directly contributes to the stability and growth of the communities we serve. Here, you are more than an employee; you are an essential member of a team dedicated to living out the values of “One First” every day. Be part of a bank that values your contributions and invests in your future!
Ready to Join Us?
Apply now and take the next step in your banking career! We review all applications and will respond promptly.
First Financial Bank is an Equal Opportunity Employer. All applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, disability, military and/or veteran status, cross-bases issues, or any other Federal or State legally protected classes

• Build Expertise: Develop a deep understanding of balance sheet structure, interest rate risk, and liquidity management.
• Forecast Financial Outcomes: Model and analyze the Bank’s balance sheet and Net Interest Income (NII) under a variety of scenarios.
• Measure Risk Exposure: Assess interest rate risk (IRR) and perform stress testing to support financial strategy.
• Support Strategic Planning: Deliver insights on profitability, capital allocation, and liquidity through data-driven analysis.
• Maintain Accurate Data: Update and manage detailed loan, deposit, and investment datasets for modeling and forecasting.
• Operate Modeling Tools: Utilize and enhance the Empyrean Model to assess risk and scenario outcomes.
• Prepare Reporting: Produce timely reports and dashboards for senior leadership, board presentations, and regulatory purposes.
• Monitor Collateral: Reconcile investments and oversee pledged collateral for public funds and repurchase agreements.
• Ensure Compliance: Document and maintain procedures while supporting model governance and regulatory adherence.
• Collaborate Across Teams: Partner with Treasury, Finance, and Risk teams to align analysis with organizational objectives