Asset Liability Management Senior Analyst

Truist • Charlotte, NC

1d • Onsite

About The Position

This senior level position supports the forecasting of the Truist balance sheet with minimal supervision. The analyst will have extensive knowledge of deposit products and pricing levers, along with strong understanding of how deposits interact with other parts of the balance sheet. The analyst will be responsible for forecasting the firm’s balance sheet and net interest income outlook. Asset Liability Management (ALM) is a division within the CFO Group responsible for performing the analytics and forecasting function for Corporate Treasury and providing senior management with accurate and timely analysis of the balance sheet and net interest income (NII). Analysis created by this team provides the framework that allows Truist to position its balance sheet consistent with its risk appetite and expectations for changes in market dynamics. ALM maintains close partnerships with various groups across the enterprise, providing key input to critical processes and strategic decisions. The Deposits Forecasting team within ALM provides quantitative analytics and informed guidance for forecasting and management of the firm’s deposit portfolio. The team engages with Deposits Lines of Businesses and Finance teams to collaboratively develop a balance and NII forecast that is leveraged for Corporate Planning at the enterprise level, Interest Rate Risk Management scenarios, and regulatory stress test scenarios. In addition, the team engages in project initiatives to enhance overall efficiency across Corporate Treasury. Results of the team’s work are presented to executive management on a regular basis.

Requirements

• Bachelor’s degree in Finance, Business, Accounting, Quantitative, or Economics
• 2+ years of experience in banking
• Ability to work effectively, as well as independently, in a team environment
• 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
• QRM experience
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
• Ability to work effectively, as well as independently, in a team environment
• Knowledge and understanding of financial statements, forecasting, modeling, and analyzing interest and balance sheet behavior
• Strong analytical skills with high attention to detail and accuracy
• Hyperion Essbase experience
• Asset and Liability Management (ALM) experience

Responsibilities

• Preparing the deposit balance and NII forecasts each month. This includes documentation and challenge of assumptions, reporting results to executive management, and explaining changes versus forecast, prior month, quarter, or year as needed.
• Standardized and ad-hoc analysis to inform key strategic decisions for deposit balance and rate paid management
• Partnering with LOBs and Finance to ensure accuracy and precision
• Execution of CCAR and other internal stress testing routines
• Project management and change execution on key initiatives around forecasting and analytics
• Support quarter end Investor Relations materials and talking points presented to investors

Benefits

• medical
• dental
• vision
• life insurance
• disability
• accidental death and dismemberment
• tax-preferred savings accounts
• 401k plan
• vacation
• sick days
• paid holidays

What This Job Offers

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