ALM Treasury Forecast Manager

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

The Treasury Forecast Manager is a key member of the Asset Liability Management (ALM) team, responsible for developing and managing the balance sheet and net interest income forecast across the Investment Portfolio, Funding, and Other Asset / Other Liability (OAOL) categories. This role requires a strong understanding of balance sheet dynamics, interest rate risk, liquidity, and capital, as well as the ability to lead cross-functional initiatives and collaborate with business partners across Treasury, Finance, and Risk.

Key Responsibilities include:

1. Develop, maintain, and enhance the balance sheet and NII forecast for key balance sheet products, including:

• Investment Portfolio, Short-term and Long-term borrowings, Other Assets / Other Liabilities (OAOL), Shareholders Equity

• Partner with investment portfolio managers, funding desk, and corporate finance to incorporate assumptions on volumes, pricing, and interest rate scenarios into forecast

• Collaborate with ALM forecast team, funding desk, and liquidity to understand and solve for short-term and long-term balance sheet funding needs

• Continuously improve forecasting tools, data quality, and documentation

2. Interest Rate Risk Management:

• Partner with the investment portfolio management team and head of Interest Rate Risk to ensure accurate measurement of IRR and that IRR positioning is within limits

• Analyze forecast sensitivity to rate changes and provide recommendations for hedging strategies

3. Leadership:

• Lead forecasting workstreams and partner with Finance, Risk, and Treasury teams to ensure forecast alignment across the enterprise

• Present forecast results and insights to senior management and key internal stakeholders

• Drive transparency and accountability around forecast inputs and methodologies

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Eight or more years of related experience

Preferred Skills/Experience
- Advanced knowledge of financial analysis concepts and methodologies
- Considerable knowledge of accounting theory practice, regulatory requirements and reporting
- Well-developed financial analysis, forecasting and planning skills
- Management experience preferred

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
 

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.<