Asset Liability Management Associate or Senior Associate

Truist Bank•Charlotte, NC

5d•Onsite

About The Position

The Asset Liability Management (ALM) division, within the CFO Group, is responsible for performing the analytics and forecasting function for Corporate Treasury. This role serves as a subject matter expert (SME) responsible for forecasting the firm’s balance sheet and net interest income and/or monitoring and reporting on the firm’s interest rate sensitivity. The position requires extensive knowledge of Investments, loan products, deposits, long term debt products, and derivatives. The team provides senior management with accurate and timely analysis of the balance sheet and net interest income (NII), which forms the framework for positioning the balance sheet consistent with the firm's risk appetite and market expectations. ALM maintains close partnerships across the enterprise, providing key input to strategic decisions. The Treasury Forecasting team specifically provides quantitative analytics and guidance for managing the firm’s discretionary investment and funding portfolios to balance risks and stabilize returns. The team develops reports and analytics for executing investment and hedging transactions using various products, and engages in project initiatives to enhance efficiency within Corporate Treasury. Results are presented to executive management regularly.

Requirements

5+ years of experience in one or a combination of the following: finance, accounting, analytics and reporting; or a BS/BA degree or higher in Finance, Accounting, Statistics, Economics, Business.
2+ years in Asset Liability Management (ALM) in a bank or large financial institution.
Ability to work effectively, as well as independently, in a team environment.
Excellent analytical skills and knowledge of bank's balance sheet.
Demonstrated proficiency in basic computer applications, such as Microsoft Office.

Nice To Haves

A Master of Business Administration (MBA) or Chartered Financial Analyst (CFA) Designation.
General ledger experience.
VB (Visual Basic) experience.
SQL experience.
Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills.
Knowledge and understanding of asset liability or liquidity management software, especially QRM.
Knowledge and understanding of financial analysis, forecasting, and analyzing interest income and balance sheet behavior.
Strong analytical skills with high attention to detail and accuracy.
Experience in financial statements, projections, and financial modeling.
Hyperion Essbase experience.
Asset and Liability Management (ALM) experience.

Responsibilities

Preparing investment, funding and hedging portfolio forecasts each month, including documentation and challenge of assumptions.
Reporting results to executive management and explaining changes versus forecast, prior month, quarter, or year.
Performing standardized and ad-hoc analysis to inform key strategic decisions for investment portfolio, swap portfolio, and funding management.
Partnering with Liquidity and Capital teams to ensure risk is managed holistically.
Execution of CCAR and other internal stress testing routines.
Execution of quarterly Bank legal entity forecast.
Managing projects and driving change on key initiatives related to forecasting and analytics.
Supporting quarter-end Investor Relations materials and talking points presented to investors.