Asset and Liability Sr. Analyst - QRM Specialist

Citizens Financial Group • Johnston, RI

9h

About The Position

In this role at Citizens, you’ll experience new things, create new opportunities, think beyond your role, and make an impact! The Treasury Balance Sheet Modeling (BSM) Team is responsible for the governance, management, and evolution of the Bank’s centralized Quantitative Risk Management (QRM) framework. This platform serves as the core analytical engine supporting Treasury’s strategic forecasting, risk management, stress testing, and funds transfer pricing activities and is expected to continue expanding across additional enterprise use cases. The Asset & Liability Management Engineering team owns the centralized framework and provides governance, development, implementation, testing and subject matter expertise to business users across Treasury, Risk and Finance. The team is responsible for ensuring that the framework remains controlled, scalable, well-documented and capable of supporting future analytical needs. Most importantly, you’ll feel valued for who you are and supported to achieve what’s important to you, personally and professionally!

Requirements

• Undergraduate degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science, Quantitative Finance or related field.
• Progressive experience with Treasury, Banking, Risk Management, Quantitative Analytics or Financial Systems experience.
• Strong quantitative and analytical capabilities.
• Strong knowledge of: Interest Rate Risk, Balance Sheet Management, Stress Testing, Funds Transfer Pricing, Forecasting methodologies.
• Excellent written, verbal and presentation skills.
• Strong project management and prioritization skills.
• Ability to simultaneously manage multiple stakeholders and competing deadlines.
• Applicants, including current OPT, L and other visa holders, must be authorized to work in the U.S. without the need for new employer sponsorship for themselves or their spouses now and in the future.

Nice To Haves

• Advanced QRM Framework experience.
• Experience with: SQL, Python, Power BI, Alteryx, Essbase, Data warehousing platforms.
• Exposure to: Deposit pricing models, Deposit attrition models, Behavioral modeling, Forecasting frameworks, Model governance processes.
• CFA, FRM or MBA preferred.
• Experience supporting regulatory, audit or model-validation reviews.

Responsibilities

• Support governance and management of the centralized QRM framework supporting all Treasury use cases.
• Own framework configuration, architecture, data structures, reporting hierarchies and implementation standards.
• Manage framework controls, documentation standards, testing protocols and change governance processes.
• Ensure platform integrity, audit readiness and model governance compliance.
• Manage the end-to-end change request lifecycle, including intake, requirements gathering, prioritization, testing, stakeholder approval and deployment.
• Support monthly framework maintenance activities across all Treasury production processes.
• Coordinate implementation of framework upgrades, new functionality and vendor releases.
• Establish production controls, validation procedures and evidence collection supporting audit and regulatory expectations.
• Lead development of new Treasury use cases, forecasting capabilities and analytical tools within QRM.
• Partner with Treasury, Finance, Risk and Technology teams to implement new modeling capabilities.
• Design and implement scalable solutions supporting forecasting, FTP, stress testing and risk analytics.
• Drive process automation and operational efficiency initiatives leveraging QRM, SQL, Python, Alteryx and reporting technologies.
• Serve as a recognized subject matter expert for the Treasury BSM framework/QRM.
• Build strong relationships across Treasury, Finance, Technology and Business Line partners.
• Provide consultation and technical guidance regarding framework capabilities, implementation approaches and analytical methodologies.
• Support successful adoption and operation of the framework across all user groups.
• Support framework reviews conducted by: Model Risk Management & Validation (MRM&V), Market Risk, Internal Audit, Regulatory agencies.
• Respond to model governance findings and regulatory inquiries.
• Maintain documentation supporting conceptual soundness, implementation integrity and production controls.
• Deliver ad hoc analysis in support of strategic Treasury initiatives, executive decision-making and risk management activities.
• Apply financial mathematics, balance sheet management concepts and QRM functionality to develop best-in-class solutions.
• Support ongoing modernization of ALM capabilities and enterprise forecasting processes.

Benefits

• competitive pay
• comprehensive medical, dental and vision coverage
• retirement benefits
• maternity/paternity leave
• flexible work arrangements
• education reimbursement
• wellness programs
• paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States

What This Job Offers

• Job Type: Full-time
• Career Level: Senior