Asset Liability Management Senior Associate - ALM
Asset Liability Management Senior Associate - ALM
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
The position is described below. If you want to apply click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application youll be invited to create a profile which will let you see your application status and any communications. If you already have a profile with us you can log in to check status.
If you have a disability and need assistance with the application you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries wont receive a response).
Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
The ALM Senior Associate will be responsible for consolidation and reporting of the firms balance sheet and net interest income.The candidate will be part of the ALM Consolidation team within the ALM group which leads the balance sheet and NII consolidation for baseline and stress scenarios. The team develops key reports and analytics that are leveraged in the strategic and risk oversight and reporting of balance sheet products across assets and liabilities. Additionally the team also engages in project initiatives to improve overall efficiency within the Corporate Treasury. The candidate will leverage support from junior team members to meet the teams priorities and objectives
ALM group which is a part of the Corporate Treasury function is responsible for balance sheet and NII forecasting and providing senior management with accurate and timely forecast analysis. The analysis carried out by this team provides a framework for Truist to position its balance sheet in accordance with its risk appetite and expectations for changes in market dynamics.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed both major and minor which are not mentioned below. Specific activities may change from time to time.
- Support and manage CCAR and other internal stress testing routines and deliverables including successful completion of all stress testing governance expectations.
- Prepare the consolidated balance sheet and NI reporting packages for the ALM group. This includes documentation and challenge of assumptions reporting results to executive management and explaining changes versus forecast prior month quarter or year as needed.
- Develop and deploy new forecast reporting routines identify data requirements conduct testing and complete related documentation requirements.
- Project management and change execution on key initiatives around forecasting and analytics.
- Partner with Finance Accounting Liquidity Capital and Risk for various reporting and analysis requests.
- Subject matter expert on accounting and regulatory reporting requirements and reporting processes for assigned area of responsibility.
- Support quarter end Investor Relations materials and talking points presented to investors.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Bachelors degree in finance Business Accounting or Economics
- 5 years of experience in banking 3 years in asset/liability management (ALM).
- Understanding of financial market dynamics interest rates accounting and financial products
- Ability to interact at all levels of management.
- Excellent analytical skills and knowledge of banks balance sheet.
- Demonstrated proficiency in computer applications such as Microsoft Office.
Preferred Qualifications:
- Master of Business Administration (MBA) or Chartered Financial Analyst (CFA) Designation.
- Experience with stress testing/Comprehensive Capital and Analysis Review (CCAR)
- Advanced Microsoft Office (Word Excel Outlook and PowerPoint) skills.
- General ledger experience.
- Hyperion Essbase experience.
- Ability to work effectively as well as independently in a team environment. 7. Strong analytical skills with high attention to detail and accuracy
- Knowledge and understanding of asset liability or liquidity management software especially QRM.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits though eligibility for specific benefits may be determined by the division of Truist offering the offers medical dental vision life insurance disability accidental death and dismemberment taxpreferred savings accounts and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by fulltime or parttime status) during their first year of employment along with 10 sick days (also prorated) and paid holidays. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists defined benefit pension plan restricted stock units and/or a deferred compensation plan. As you advance through the hiring process you will also learn more about the specific benefits available for any nontemporary position for which you apply based on fulltime or parttime status position and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race gender color religion citizenship or national origin age sexual orientation gender identity disability veteran status or other classification protected by law. Truist is a Drug Free Workplace.
EEO is the LawPay Transparency Nondiscrimination Provision EVerify
Required Experience:
Senior IC
Employment Type
Full-Time
