Senior Asset Liability Management Analyst
TruistAbout the role
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
The ALM Senior Analyst will be responsible for consolidation and reporting of the firm’s 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.
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 monthly ALM financial close oversight and forecast consolidation processes.
- Reporting and governance of balance and net interest income forecast risk exposures for forecast and stress testing scenarios.
- Perform analytical review of the products and understand key measures/drivers of forecast and stress testing scenario variances.
- Subject matter expert on accounting and regulatory reporting requirements and reporting processes for assigned area of responsibility.
- Support monitoring and tracking of investments, loans, deposits, and long-term debt overall as well as focus on understanding the specific attributes of these products.
- Support reporting and analysis to additional constituencies, including leadership and committees.
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 degree in finance, Business, Accounting, or Economics
- 3+ years of experience in banking; 2+ years in asset/liability management (ALM).
- Ability to work effectively, as well as independently, in a team environment.
Preferred Qualifications:
- Master of Business Administration (MBA), Chartered Financial Analyst (CFA), or Certified Public Accountant (CPA) Designation
- Knowledge and understanding of asset liability or liquidity management software, especially QRM.
- General ledger experience
- Hyperion Essbase experience
- Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
- Basic computer programming skills (Python, MatLab, SAS, VBA, etc.)
- Knowledge and understanding of financial analysis, forecasting, and analyzing interest income and balance sheet.
- Strong analytical skills with high attention to detail and accuracy
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 b
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