Senior Specialist Treasury and ALM

About the role

The role of Associate, Treasury and ALM II is located in New York, NY – HYBRID. This role is part of the Corporate Treasury Interest Rate Risk team.

Responsibilities

• Key contributor to the Interest Rate Risk team’s execution of the Corporation’s Net Interest Income (NII) monthly forecast process delivering results and attribution, and responsible for performing sensitivity analyses on both NII and Economic Value of Equity (EVE) in accordance with regulatory requirements.
• Develops and produces interest rate risk reports and briefings for senior management and governance forums such as Asset Liability Committee (ALCO), highlighting operational activities/outcomes, identifying risks and recommending proposed solutions.
• Maintains documentation and performs controls related to production activities including completing risk assessments and internal tracking and resolution of process improvements and control issues.
• Partner with Treasury subject matter experts to ensure efficiency and appropriate execution of Corporate Treasury strategies.
• Make and defend key trade-offs between model accuracy and complexity, in line with team’s overall strategic objectives.
• Manage the collection, validation and analyses of financial data underpinning the Bank's interest rate risk framework.
• Aid in ad hoc strategic risk assessments and analysis for senior management.
• Participate in the function-level Business Continuity Plan, complete testing and understand the protocols should a disruption occur.

Requirements

• Bachelor’s degree or the equivalent combination of education and experience is required. A degree in math, engineering, statistics, computational finance, or economics is preferred.
• Progress towards an MBA, FSA, FRM, CFA, or CPA/CA is preferred.
• Minimum of 2-3 years of work experience required. Experience in Corporate Treasury / Finance Management & Analysis / Planning & Analysis / CFO team in a financial services firm is preferred.
• Knowledge of balance sheet and financial instruments, finance / management reporting systems, and Net Interest Income / Expense calculations is a plus.
• Experience with interest rate risk management, and/or asset-liability management within large complex financial organizations is preferred.
• Strong organizational skills and proactive nature (expected to drive creative solutioning without significant guidance).

Qualifications

• At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom BNY LinkedIn

Skills

• Knowledge of balance sheet and financial instruments, finance / management reporting systems, and Net Interest Income / Expense calculations.
• Experience with interest rate risk management, and/or asset-liability management within large complex financial organizations.
• Strong organizational skills and proactive nature.

Benefits

• Competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy.
• Flexible global resources and tools for your life’s journey.
• Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

Pay

The base salary for this position is expected to be between $69,000 and $122,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

Schedule

This role is located in New York, NY – HYBRID.