Asset Liability Management Senior Associate

Truist • Charlotte, NC

8d • Onsite

About The Position

The ALM Senior Associate will serve as the senior model owner and subject matter expert (SME) for a key modeling function or assumption used in Corporate Treasury to identify and quantify short-term and long-term interest risk on the company's balance sheet. These modeling functions and assumptions may include interest rate risk analysis, EVE analysis, prepayment analysis, stress-testing, and other areas as assigned. The role coordinates the preparation, analysis, and documentation of the assigned risk including model development and review, sensitivity testing, and reporting metrics to the assigned governing bodies in accordance with all corporate policies and regulatory guidance.

Requirements

• 7+ years of experience in banking or a related field
• 5+ years in Asset Liability Management (ALM)
• Ability to interact at all levels of management.
• Excellent analytical skills and knowledge of bank's balance sheet.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office.

Nice To Haves

• A Masters of Business Administration (MBA), Chartered Financial Analyst (CFA), or Certified Public Accountant (CPA) Designation
• QRM experience
• General ledger experience
• VB (Visual Basic) experience
• Ability to work effectively, as well as independently, in a team environment
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
• Knowledge and understanding of asset liability or liquidity management software, especially QRM
• Strong analytical skills with high attention to detail and accuracy
• Hyperion Essbase experience
• Ability to successfully operate in a complex and matrixed environment

Responsibilities

• Own a key Corporate Treasury modeling function used to evaluate risk of the overall balance sheet or a significant balance sheet portfolio. This includes documentation and challenge of assumptions, reporting results to governing bodies, and explaining changes versus forecast, prior month, quarter, or year as needed.
• Work with key members of Market Risk, Model Risk Management, Finance and Corporate Treasury to identify and quantify the impact of emerging risks on net interest income, capital, and balance sheet.
• Build strong relationships with lines of business (LOBs) so that you become a subject matter expert for them to rely on.
• Collaborate with internal resources and business partners to identify and implement improvements to existing processes.
• Assist with development and implementation of new models in QRM and QRM version upgrades.
• Train a senior analyst on your assigned model and provide a review of their inputs and outputs.
• Ensure all documentation is updated and in compliance with company policies.
• Assist with CCAR modeling and testing as needed.
• Prepare requested ad-hoc analysis and presentations as requested for Executive Leadership.

Benefits

• medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan
• no less than 10 days of vacation
• 10 sick days
• paid holidays
• defined benefit pension plan
• restricted stock units
• deferred compensation plan

What This Job Offers

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