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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

The Treasury Quantitative Senior Associate is responsible for supporting the MSR Derivatives and Treasury Hedge Desk with performance of hedge strategies. This position requires effective collaboration with traders to develop and lead projects that improve analytics and tools used in reporting and tracking hedge desk activities. This position may require coaching and mentoring of Jr Hedge Desk Support teammates.

Please note: to be considered for this role, candidates must be able to work in the Truist office location listed below 5 days per week:

• Charlotte, NC - 214 North Tryon Street
   

No Full Remote/Telecommute. No Relocation Assistance.
 

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.

• Participate on cross-functional teams to support organizational objectives, as required.

• Negotiate positive outcomes through interactions with senior management, business partners and assurance functions.

• Create automated model pipelines (execution, back‑testing, attribution) and Model derivatives and optionality for balance‑sheet hedging.

• Design, develop, and maintain MSR analytics and real-time hedging tools for Treasury Derivative Hedge Desk financial risk management.

• Act as an effective advocate to ensure user understanding and acceptance of innovated model developments, including written and verbal presentations to model users, stakeholders, managers.

• Direct (perform as necessary) other analytical activities, as requested by Director of MSR Middle Office.

• Develop a structured process for managing production code implementations that conforms to enterprise governance guidelines.

• Communicate the attribution of TBA hedge performance and defend assumptions used.

• Present market research on market trends, model performance, model improvements and hedge tools to improve hedge desk strategies.

• Research and Implement new products as requested by senior management (hedge accounting stratigies)

• Meet with, and make presentations to, Bank and Bank Holding Company regulators, as requested.

• Provide credible, well documented evidence supporting validity of models for intended use.

• Support regulatory examinations and requests.

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.

• Bachelor's / Master's degree in Statistics, Econometrics, Computer Science, Applied Mathematics, Operations Research, or other applied quantitative science, or equivalent education and related training.

• 7 - 10 years of relevant experience, or equivalent financial industry experience developing, documenting, implementing, or validating quantitative models.

• Extensive financial instrument product knowledge with a strong control mindset and experience in reconciliation across multiple systems.

• Ability to distill complex mathematical concepts into digestible presentations for senior management.

• Ability to effectively manage competing organizational priorities.

• Strong wr