Senior Associate, Treasury and ALM
About The Position
At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We're seeking a future team member for the role of Associate, Treasury and ALM II to join our Corporate Treasury Interest Rate Risk team. This role is located in New York, NY - HYBRID. In this role, you'll make an impact in the following ways:
Requirements
- Bachelor's degree or the equivalent combination of education and experience is required. Degree in math, engineering, statistics, computational finance, or economics preferred. Progress towards an MBA, FSA, FRM, CFA, or CPA/CA preferred
- Minimum of 2-3 years of work experience required. Experience in Corporate Treasury / Finance Management & Analysis / Planning & Analysis / CFO team in a financial services firm preferred.
- Knowledge of balance sheet and financial instruments, finance / management reporting systems, and Net Interest Income / Expense calculations a plus
- Experience with interest rate risk management, and/or asset-liability management within large complex financial organizations preferred
- Strong organizational skills and proactive nature (expected to drive creative solutioning without significant guidance)
Responsibilities
- Key contributor to the Interest Rate Risk team's execution of the Corporation's Net Interest Income (NII) monthly forecast process delivering results and attribution, and responsible for performing sensitivity analyses on both NII and Economic Value of Equity (EVE) in accordance with regulatory requirements
- Develops and produces interest rate risk reports and briefings for senior management and governance forums such as Asset Liability Committee (ALCO), highlighting operational activities/outcomes, identifying risks and recommending proposed solutions
- Maintains documentation and performs controls related to production activities including completing risk assessments and internal tracking and resolution of process improvements and control issues
- Partner with Treasury subject matter experts to ensure efficiency and appropriate execution of Corporate Treasury strategies
- Make and defend key trade-offs between model accuracy and complexity, in line with team's overall strategic objectives
- Manages the collection, validation and analyses of financial data underpinning the Bank's interest rate risk framework
- Assist in ad hoc strategic risk assessments and analysis for senior management
- Participates in the function-level Business Continuity Plan, completes testing and understands the protocols should a disruption occur
Benefits
- BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Number of Employees
5,001-10,000 employees
