Principal Treasury Consultant (Remote)

First Citizens Bank•Morris Township, NJ

4d•Remote

About The Position

This is a remote role that may only be hired in New Jersey. Open to remote candidates in several markets within the Eastern Time Zone for highly qualified candidates. A 1st Line Principal Treasury Consultant leads the proactive identification, measurement, and management of interest rate risk, contributing to the subject matter expertise within Treasury. Work within established frameworks, monitor NII/EVE metrics, and ensure regulatory compliance through robust modeling and controls, partnering with 2nd line risk and Finance to manage ALCO mandates.

Requirements

Bachelor's Degree and 10 years of experience in Treasury, Interest Rate Risk modeling OR High School Diploma or GED and 14 years of experience in Treasury, Interest Rate Risk modeling
10+ years in IRRBB, Treasury, or ALM functions, with a proven track record in risk modeling
Proficiency in QRM, SQL, and Python
Bachelor’s or Master’s in Finance, Economics, Mathematics, or a related field
Ability to challenge and validate assumptions constructively
Excellent executive-level communication skills
Ability to map business strategy to interest rate risk exposures

Nice To Haves

CFA or FRM designations are highly preferred

Responsibilities

Develop and maintain the IRRBB framework, ensuring alignment with overall business strategy, risk appetite, and regulatory expectations.
Focus on QRM Production, Ongoing Monitoring, and Development tasks to drive analytical validation of IRRBB model. Work with strategic modeling team on model development and impact testing.
Produce and Monitor Net Interest Income (NII) and Economic Value of Equity (EVE) metrics.
Strengthen 1st line controls, documentation, and reporting to meet internal and external audit requirements.
Contribute to a technical team, partnering with Treasury, 2nd Line Risk, and Business Lines to manage risks associated with banking book activities.