ALM Director: Interest Rate Risk & Balance Sheet Lead

BNY; New York (NY); On-site; USD 180,000 - 260,000; Full time

Job summary

BNY is seeking a Director to join the Asset Liability Management (ALM) team in New York City. This role leads balance sheet interest rate positioning and supports oversight, measurement, analysis, and reporting of interest rate risk across the balance sheet.

The Director will partner with Treasury, Finance, Risk, Markets, and business teams to enhance ALM frameworks, governance, and analytics, while mentoring junior staff and driving process improvements in a fast-paced environment.

Qualifications

• Bachelor’s degree in quantitative finance, economics, mathematics, accounting, engineering or related field.
• 10+ years in CIO, portfolio management, ALM, balance sheet management or related areas within a financial institution.
• Experience with balance sheet analytics, stress testing, hedging evaluation, and markets knowledge.

Responsibilities

• Lead analysis of interest rate outlook, NII forecast, positioning and strategies.
• Monitor market rates, yield curves, and behavior assumptions to inform balance sheet guidance.
• Provide insights into asset and liability exposures and recommend actions to optimize risk-adjusted outcomes.
• Partner with Treasury, Finance, Risk, Markets to shape balance sheet strategy and hedging approaches.
• Prepare risk analysis and management reporting for senior leadership and committees.

Skills

ALM expertise

balance sheet analytics

stress testing

financial risk knowledge

leadership

Education

Bachelor's degree in quantitative finance/Economics/Mathematics/Engineering/Accounting

Tools

Excel

PowerPoint

Python

SQL

VBA

Job description

BNY is seeking a Director to join the Asset Liability Management (ALM) team in New York City. This role leads balance sheet interest rate positioning and supports oversight, measurement, analysis, and reporting of interest rate risk across the balance sheet.

The Director will partner with Treasury, Finance, Risk, Markets, and business teams to enhance ALM frameworks, governance, and analytics, while mentoring junior staff and driving process improvements in a fast-paced environment.