Financial Management Specialist

At Bank esh, we’re not just imagining the future of banking- we’re building it with a bold vision to redefine the banking industry for the 21st century. Our mission is to create a banking experience that leverages cutting-edge technology, operational excellence, and fosters deep trust between banks and customers. We’re on the brink of something extraordinary. Our first digital bank in Israel, Bank esh, has already secured its license as a bank in formation in December 2022, and we're gearing up to make waves in the industry. Join us on this exciting journey as we create a bank from the ground up, one that’s set to revolutionize the way people think about banking. Be part of a team that’s not just building a bank, but crafting the future of financial services.

We are looking for a financial expert to join the accounting and financial team at Bank esh. In this position you will develop financial models and monitor key indicators including liquidity risk, interest rate, profitability and adequacy to insure our financial stability and growth. You will play a critical role in ALM and liquidity oversight, providing insights that inform our strategic decision making while working closely with a wide range of internal and external stakeholders, ensuring seamless communication and coordination across various financial functions.

The ideal candidate is an ambitious, independent professional with experience in the financial sector. You’re a proactive, versatile team player who thrives in dynamic environments, capable of multitasking, setting priorities, and taking full ownership of diverse financial projects.

If you’re ready to make a meaningful impact and help shape the future of esh Bank, we want to hear from you!

Job Responsibilities:

• Knowledge, monitoring, and implementation of changes in financial regulatory requirements.
• Track indicators and limits concerning exposure to liquidity and interest rate risks.
• Monetary liquidity reports to the Bank of Israel & Monetary deposits.
• Responsibility for the payment system in the bank.
• Understanding, developing, analyzing & reporting the data in the context of liquidity risk (LCR, NSFR, KRI, inner liquidity model, etc).
• Intra-day risk management.
• Financial payments between banks.
• Develop models to estimate interest rate risks, emphasizing regulatory guidelines.
• Build systems to calculate profitability per customer/transaction.
• Manage risks derived from the bank’s assets and liabilities structure
• Perform analysis, controls, sensitivity tests, and stress tests.
• Prepare periodic reports for the Bank of Israel.
• Draft management documents for executive and board committees.

Job Requirements:

• Bachelor’s degree in business administration/economics/accounting. MBA/MA in Economics - A major plus
• Statistical understanding and ability to develop statistical models.
• Up to 4 years of experience in the world of financial organization
• Languages: Hebrew and English at an excellent level.
• Experience in financial models, risk management and financial data analysis
• Expertise in working with large datasets.
• Strategic thinking and the ability to work independently.
• Excel Expert
• Technological affinity
• Familiarity with the field of Accounting - Advantage
• Familiarity with ZAHAV & SWIFT payments system- Advantage
• Knowledge of financial activity in the field of intraday liquidity- Advantage
• Capability to lead complex processes in a technological environment.

Availability to work in shifts (such as Friday and holiday evenings)