What does a liability analyst do?
Liability analyst responsibilities
Here are examples of responsibilities from real liability analyst resumes:
- Manage a project to separate Sungard BDI responsibilities between ALM and FTP groups
- Manage and update early engagement processes daily through SharePoint.
- Serve as compliance monitor in Medicaid setting.
- Expand alternative scenario analysis to include unemployment rate shocks and HPI shocks in QRM.
- Oversee all ALCO reporting with respect to retail and commercial interest rates and activity relate to loans and deposits.
- Analyze, back-test and reconcile prepayment and charge off modeling for QRM resulting in the CFO making better-inform decisions.
- Assist management with evaluation of restructuring alternatives, procurement of financing, negotiations with multiple constituencies and issuance of new securities.
- Prepare quantitative analyses for senior management concerning portfolio strategies, tactical actions, and specific programs, including use of derivatives.
Liability analyst skills and personality traits
We calculated that 18% of Liability Analysts are proficient in Risk Management, Balance Sheet, and Interest Rate Risk. They’re also known for soft skills such as Analytical skills, Detail oriented, and Math skills.
We break down the percentage of Liability Analysts that have these skills listed on their resume here:
- Risk Management, 18%
Responded within 24 hours to new General Liability and Auto Liability claims coming in to the Risk Management Department.
- Balance Sheet, 15%
Performed Interest Rate Risk analysis on several pieces of the Bank's Balance Sheet for the purposes of monthly Equity-at-Risk reporting.
- Interest Rate Risk, 11%
Provided interest rate risk measurement analysis to include net income simulation and net economic value analysis utilizing various sensitivity parameters.
- Liability Management, 10%
produce and analyze the asset/liability management models analyze liquidity and capital adequacy
- Treasury, 7%
Processed Medicare payment demands which involved contact with Medicare, Department of Treasury and Group Plan Administrators.
- Alco, 7%
Performed monthly Net Interest Income simulation modeling for presentation to senior management and ALCO subcommittee.
"risk management," "balance sheet," and "interest rate risk" are among the most common skills that liability analysts use at work. You can find even more liability analyst responsibilities below, including:
Analytical skills. The most essential soft skill for a liability analyst to carry out their responsibilities is analytical skills. This skill is important for the role because "financial analysts must evaluate a range of information in finding profitable investments." Additionally, a liability analyst resume shows how their duties depend on analytical skills: "performed asset/liability analysis and financial forecasting for correspondent banks. "
Detail oriented. Another essential skill to perform liability analyst duties is detail oriented. Liability analysts responsibilities require that "financial analysts must pay attention when reviewing a possible investment, as even small issues may have large implications for its health." Liability analysts also use detail oriented in their role according to a real resume snippet: "develop and execute sas database mainframe programs that provide detailed data upload of bank's 400,000+ loans for income forecasting. "
Math skills. liability analysts are also known for math skills, which are critical to their duties. You can see how this skill relates to liability analyst responsibilities, because "financial analysts use mathematics to estimate the value of financial securities." A liability analyst resume example shows how math skills is used in the workplace: "utilize analytical strengths to develop quantitative models using over 125 statistically significant variables from financial reports. "
Communication skills. For certain liability analyst responsibilities to be completed, the job requires competence in "communication skills." The day-to-day duties of a liability analyst rely on this skill, as "financial analysts must be able to clearly explain their recommendations to clients." For example, this snippet was taken directly from a resume about how this skill applies to what liability analysts do: "market research, database creation, relationship mapping, crm, client procurement, communication mgt. "
Computer skills. Another crucial skill for a liability analyst to carry out their responsibilities is "computer skills." A big part of what liability analysts relies on this skill, since "financial analysts must be adept at using software to analyze financial data and trends, create portfolios, and make forecasts." How this skill relates to liability analyst duties can be seen in an example from a liability analyst resume snippet: "maintain and recommend improvements to computer-based financial management system. "
The three companies that hire the most liability analysts are:
- Bank of America8 liability analysts jobs
- Chubb4 liability analysts jobs
- Home Federal Bancorp Inc/La2 liability analysts jobs
Compare different liability analysts
Liability analyst vs. Investment banking internship
An investment banking intern is responsible for assisting investment bankers in delivering high-quality financial services to clients while learning various investment strategies and other related banking disciplines. Investment banking interns observe the investment processes, shadow bankers on their daily operations, and contribute to identifying business opportunities based on their class knowledge to practical applications. They also conduct financial analysis, data processing for the client's account information, performing research for the stock market, and creating financial reports for meeting documents.
There are some key differences in the responsibilities of each position. For example, liability analyst responsibilities require skills like "risk management," "interest rate risk," "asset liability management," and "treasury." Meanwhile a typical investment banking internship has skills in areas such as "powerpoint," "customer service," "work ethic," and "oil gas." This difference in skills reveals the differences in what each career does.
The education levels that investment banking interns earn slightly differ from liability analysts. In particular, investment banking interns are 4.1% more likely to graduate with a Master's Degree than a liability analyst. Additionally, they're 0.0% less likely to earn a Doctoral Degree.Liability analyst vs. Senior finance consultant
A senior finance consultant is responsible for helping clients manage their account portfolios, recommending investment options, and monitoring their finances. Senior finance consultants should have extensive knowledge of the financial industry, especially on working with clients and inform them of current financial services and strategize financial plans according to the clients' needs and best interests. They also respond to clients' inquiries and concerns regarding their account performance and financial discrepancies, resolving issues to achieve the clients' long-term financial goals and objectives.
In addition to the difference in salary, there are some other key differences worth noting. For example, liability analyst responsibilities are more likely to require skills like "interest rate risk," "alco," "net interest income," and "qrm." Meanwhile, a senior finance consultant has duties that require skills in areas such as "financial analysis," "project management," "financial services," and "strong analytical." These differences highlight just how different the day-to-day in each role looks.
Senior finance consultants earn a lower average salary than liability analysts. But senior finance consultants earn the highest pay in the technology industry, with an average salary of $100,438. Additionally, liability analysts earn the highest salaries in the finance with average pay of $101,385 annually.In general, senior finance consultants achieve higher levels of education than liability analysts. They're 8.4% more likely to obtain a Master's Degree while being 0.0% less likely to earn a Doctoral Degree.Liability analyst vs. Finance analyst-operations finance
Financial analysts are professionals who are in charge of the financial operations of businesses. The analysts analyze results, monitor variances, determine trends, and suggest management-related actions to improve corporate finances. They reconcile transactions through data comparison and correction. It is their duty to maintain the database through data input, verification, and backup. They produce presentations restating fiscal information used by supervisors, administrators, and others. This position requires skills in financial reporting, management, communications skills, and accounting qualification.
Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from liability analyst resumes include skills like "risk management," "interest rate risk," "liability management," and "asset liability management," whereas a finance analyst-operations finance is more likely to list skills in "financial analysis," "financial operations," "data analysis," and "customer service. "
Finances analyst-operations finances earn the highest salary when working in the pharmaceutical industry, where they receive an average salary of $93,042. Comparatively, liability analysts have the highest earning potential in the finance industry, with an average salary of $101,385.Most finances analyst-operations finances achieve a similar degree level compared to liability analysts. For example, they're 1.6% more likely to graduate with a Master's Degree, and 0.5% more likely to earn a Doctoral Degree.Liability analyst vs. Analyst internship
An analyst internship is a student program where an intern is assigned to assist analyst professionals by analyzing business goals, objectives, and needs. Analyst interns assist in the planning and designing of business processes and suggest recommendations for improvement. They conduct research and analysis to support business operations and resolve issues using systems and data. They also help estimate the costs and benefits of multiple business actions and help the business organization launch new initiatives.
Types of liability analyst
Updated January 8, 2025
