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Senior Asset Liability Associate - Interest Rate Risk

Charlotte, North Carolina

Job Description:

Balance Sheet Management and Treasury Finance (BSMTF) is a division within the CFO group responsible for providing executive management with accurate and timely forecasts of the balance sheet and net interest income (NII). Another critical BSMTF function is the measurement and analysis of Interest Rate Risk (IRR) using various methods.  This information provides the framework that allows the company to position its balance sheet consistent with its risk appetite and expectations for changes in interest rates. BSMTF maintains close partnerships with various groups across the enterprise, providing key input to critical processes and strategic decisions. Coordination with Global Risk, Model Risk, Investment Securities Portfolio Managers, and other Treasury teams facilitates strategic ALM decisions within a controlled framework.

   

The Interest Rate Analytics (IRA) team within Balance Sheet Management and Treasury Finance provides quantitative analytics for senior management to monitor the bank's balance sheet positioning, and to provide securities valuation during CCAR and Recovery/Resolution Planning stress cycles. The team focuses on three key areas of interest rate risk measurement; risk associated with NII, Economic Value of Equity (EVE), and Other Comprehensive Income (OCI). Additionally, the IRA team engages in key Treasury project initiatives focused on driving Operational Excellence within the bank. Work responsibilities include daily, monthly, and quarterly monitoring of the bank's balance sheet positioning as well as a variety of ad hoc analytics to provide consulting and support for decision making across treasury. Results of these analytics are presented to Senior Management on a regular basis.

Required Skills:

  • At least 2 years of experience in analytics with emphasis on design, testing, and implementation of calculations related to net interest income, cash flows, or risk analytics

  • Bachelor's Degree in Finance, Business, Accounting, Quantitative, or Economics - or equivalent work experience

  • Finance/Accounting knowledge – experience in balance sheet management, forecasting, or other Corporate Treasury functions

  • Understanding of financial market dynamics, interest rates, accounting, and financial products

  • Ability to manage multiple priorities in a time sensitive environment

  • Ability to work across multiple teams in a collaborative environment

  • Proficient in MS Office tools, especially Microsoft Excel & SQL skills

  • Inquisitive, willing to challenge the status quo and strive to improve processes

Desired Skills:

  • Experience analyzing fixed income securities, interest rate derivatives

  • Technical Business Analyst skills (SQL, VBA, Python a plus)

  • Prior experience with Model Risk Management

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Balance Sheet Management and Treasury Finance (BSMTF) is a division within the CFO group responsible for providing executive management with accurate and timely forecasts of the balance sheet and net interest income (NII). Another critical BSMTF function is the measurement and analysis of Interest Rate Risk (IRR) using various methods.  This information provides the framework that allows the company to position its balance sheet consistent with its risk appetite and expectations for changes in interest rates. BSMTF maintains close partnerships with various groups across the enterprise, providing key input to critical processes and strategic decisions. Coordination with Global Risk, Model Risk, Investment Securities Portfolio Managers, and other Treasury teams facilitates strategic ALM decisions within a controlled framework.

   

The Interest Rate Analytics (IRA) team within Balance Sheet Management and Treasury Finance provides quantitative analytics for senior management to monitor the bank's balance sheet positioning, and to provide securities valuation during CCAR and Recovery/Resolution Planning stress cycles. The team focuses on three key areas of interest rate risk measurement; risk associated with NII, Economic Value of Equity (EVE), and Other Comprehensive Income (OCI). Additionally, the IRA team engages in key Treasury project initiatives focused on driving Operational Excellence within the bank. Work responsibilities include daily, monthly, and quarterly monitoring of the bank's balance sheet positioning as well as a variety of ad hoc analytics to provide consulting and support for decision making across treasury. Results of these analytics are presented to Senior Management on a regular basis.

Required Skills:

  • At least 2 years of experience in analytics with emphasis on design, testing, and implementation of calculations related to net interest income, cash flows, or risk analytics

  • Bachelor's Degree in Finance, Business, Accounting, Quantitative, or Economics - or equivalent work experience

  • Finance/Accounting knowledge – experience in balance sheet management, forecasting, or other Corporate Treasury functions

  • Understanding of financial market dynamics, interest rates, accounting, and financial products

  • Ability to manage multiple priorities in a time sensitive environment

  • Ability to work across multiple teams in a collaborative environment

  • Proficient in MS Office tools, especially Microsoft Excel & SQL skills

  • Inquisitive, willing to challenge the status quo and strive to improve processes

Desired Skills:

  • Experience analyzing fixed income securities, interest rate derivatives

  • Technical Business Analyst skills (SQL, VBA, Python a plus)

  • Prior experience with Model Risk Management

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21067551

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Joanna Blake

Referral Bonus:

0

Street Address

Primary Location:
100 N TRYON ST, NC, Charlotte, 28255