Market Risk Analyst

Citizens Financial Group • Westwood, MA

75d • $92,000 - $137,800

About The Position

Citizens Enterprise Market Risk Management, a second line Risk Management function, is looking to hire a Treasury Oversight analyst. The candidate will be part of a team supporting our independent Liquidity Risk Management and Interest Rate Risk Oversight Framework. The successful candidate will report to the Head of Treasury Risk Oversight working in coordination with Treasury teams. The incumbent will be responsible for performing risk management oversight through effective review and challenge, formal assessments, and continuous monitoring related to interest rate risk in the banking book activities. The incumbent should have basic knowledge of Net Interest Income (NII) and Economic Value of Equity (EVE) concepts. To thrive as a colleague at Citizens, candidates must demonstrate a strong customer-centric mindset, exhibit persistence and resilience in the face of challenges, and embrace continuous learning to adapt and grow in a dynamic environment.

Requirements

• 2+ years of experience in Treasury, Risk, or business line related functions.
• Ability to analyze large sets of data, workflow processes, risk profiles, and concisely summarize and/or represent effectively as management information.
• Strong verbal and written communication skills are required.
• Experience related to Treasury functions in the capacity of asset liability management (Net Interest Income, Economic Value of Equity) concepts, funding/liquidity management, funds transfer pricing, or investment portfolio management is desired.
• Experienced with Excel, VBA, SQL (a plus), QRM (a plus).
• Degree in Finance, Economics, Engineering, or related field.
• Relevant professional designations (e.g., CFA/FRM) are a plus.

Nice To Haves

• Experience related to Treasury functions in the capacity of asset liability management (Net Interest Income, Economic Value of Equity) concepts, funding/liquidity management, funds transfer pricing, or investment portfolio management is desired.
• Experienced with Excel, VBA, SQL (a plus), QRM (a plus).
• Relevant professional designations (e.g., CFA/FRM) are a plus.

Responsibilities

• Supports the design and execution of review and challenge assessments of Treasury practices against regulatory and corporate expectations.
• Independently assess key inputs and results of Asset Liability Management modeling processes.
• Work within established timelines to deliver assessments and risk position monitoring, which are key inputs into annual program opinions.
• Responsible for continuous monitoring of NII and EVE exposures against limits and suggest and/or develop additional metrics and/or alternative risk views as needed.
• Support independent review of non-maturity deposit modeling, prepayment modelling, among others, in coordination with the team and model validation function.
• Identify and escalate exceptions to risk limits, policies, and procedures.
• Acting as a partner with Treasury identifying areas of improvement and achieve efficiencies.
• Working in partnership with Model Validation, the review and challenge of sub-model appropriateness supporting asset and liability management, NII forecasting, EVE, etc.
• Effectively participate in EMRM governance and help formulate and drive EMRM strategy.
• Establish partnerships with the various stakeholders across the three lines of defense.

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: Entry Level
• Industry: Management of Companies and Enterprises
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees