Asset Liability Management Senior Analyst

Truist; Charlotte (NC); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

Life insurance

Disability insurance

401k plan

Vacation days

Sick days

Job summary

Truist seeks a senior analyst to model the balance sheet with minimal supervision. The role requires deep knowledge of Investments, loans, deposits, long-term debt, and derivatives, plus forecasting net interest income and analyzing sensitivity profiles and duration gaps.

The job involves enhancing QRM models, monitoring risk exposures, and producing reports on income and balance forecasts. Strong collaboration with business units is essential.

Qualifications

• 3+ years in finance, accounting, analytics and reporting, or a BS/BA in Finance, Accounting, Statistics, Economics, Business
• 2+ years in Asset Liability Management or a large financial institution
• Ability to work effectively, independently, and in a team environment

Responsibilities

• Model balance sheet products in QRM and implement improvements
• Analyze risk exposures across interest rate and stress testing environments
• Monitor Investment, loan, deposit, and long-term debt portfolios and understand product attributes
• Contribute to analysis of key assumption sensitivities for these products
• Perform analytical review of products and drivers of interest rate risk
• Collaborate with internal resources to improve data and analyses and support reconciliation efforts
• Produce reports summarizing balance and income forecast sensitivity and interest rate risk metrics
• Work with business units to create, support and document modeling assumptions
• Assist with CCAR modeling and testing as needed

Skills

Financial analytics

ALM

Forecasting

Interest rate risk

Team collaboration

Education

BS/BA in Finance/Accounting

MBA/CFA/CPA designation

Tools

QRM

Hyperion Essbase

MS Excel

Visual Basic (VB)

MS Word/PowerPoint

Job description

Need Help? If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary: Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

Please review the following job description:

This senior level position supports the modeling of the Truist balance sheet with minimal supervision. The analyst will have extensive knowledge of Investments, loan products, deposits, long term debt products, and derivatives. The analysts will have experience forecasting net interest income and an understanding of the Company's sensitivity profile, duration gap analysis and other market value analytics.

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.

• Understanding how products are modeled in QRM in order to make improvements and add new products or techniques as necessary.
• Analyzing risk exposures for products in different interest rate and stress testing environments.
• Support monitoring and tracking of Investment and loan portfolios, deposit portfolios and long term debt overall as well as focus on understanding the specific attributes of these products.
• Contribute towards analysis of key assumption sensitivities relevant to these products.
• Perform analytical review of the products and understand key measures/drivers of interest rate risk.
• Collaborate with internal resources and business partners to identify and implement improvements to existing data and analyses as well as support reconciliation efforts.
• Producing reports to summarize balance and income forecast sensitivity profile and interest rate risk metrics.
• Working with business units to create, support and document modeling assumptions.
• Assist with CCAR modeling and testing as needed.

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.

• 3+ years of experience in one or a combination of the following: finance, accounting, analytics and reporting; or a BS/BA degree or higher in Finance, Accounting, Statistics, Economics, Business
• 2+ years of experience Asset Liability Management or a large financial institution
• Ability to work effectively, as well as independently, in a team environment

Preferred Qualifications:

• A Masters of Business Administration (MBA), Chartered Financial Analyst (CFA), or Certified Public Accountant (CPA) Designation
• General ledger experience
• VB (Visual Basic) experience
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
• Knowledge and understanding of asset liability or liquidity management software, especially QRM
• Knowledge and understanding of financial analysis, forecasting and analyzing interest income and balance sheet behavior
• Strong analytical skills with high attention to detail and accuracy
• Experience in financial statements, projections and financial modeling
• Hyperion Essbase experience
• Asset and Liability Management (ALM) experience

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 by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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