Asset Liability Management Sr. Analyst

Socket.dev; Charlotte (NC); On-site; USD 90,000 - 120,000; Full time

Job summary

Truist Financial Corporation is seeking a dedicated ALM Loan Forecasting Analyst to forecast the balance sheet and net interest income with minimal supervision. You will work on forecasting loan balances, NII, and related analytics in a team that collaborates across Treasury and finance functions.

The role emphasizes strong quantitative skills, familiarity with CCAR and stress testing, and interaction with executive management to inform strategic decisions.

Qualifications

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

Responsibilities

• Prepare the loan balance and NII forecasts each month.
• Document and challenge assumptions, report results to executive management, and explain changes versus forecast.
• Perform standardized and ad-hoc analysis to inform loan balance and pricing spread management.
• Partner with LOBs and Finance to ensure accuracy and precision.
• Execute CCAR and other internal stress testing routines.
• Project management and change execution on forecasting and analytics initiatives.
• Support quarter end Investor Relations materials and talking points presented to investors.

Skills

Finance

Accounting

Analytics

Reporting

Excel

VB (Visual Basic)

QRM

Hyperion Essbase

Education

BS/BA in Finance/Accounting/Statistics/Economics/Business

MBA/CFA/CPA

Tools

QRM

VB (Visual Basic)

Hyperion Essbase

Job description

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

This position supports the forecasting of the Truist balance sheet with minimal supervision. The analyst will have extensive knowledge of loan products and pricing levers, as well as a strong understanding of how lending activities interact with broader balance sheet dynamics, including interest rate risk, capital, profitability, and liquidity. The analyst will be responsible for forecasting the firm's balance sheet and net interest income outlook.

Asset Liability Management (ALM) is a division within the CFO Group responsible for performing the analytics and forecasting function for Corporate Treasury and providing senior management with accurate and timely analysis of the balance sheet and net interest income (NII). Analysis created by this team provides the framework that allows Truist to position its balance sheet consistent with its risk appetite and expectations for changes in market dynamics. ALM maintains close partnerships with various groups across the enterprise, providing key input to critical processes and strategic decisions.

The Loans Forecasting team within ALM provides quantitative analytics and informed guidance for forecasting and management of the firm's loan portfolios. The team engages with Loan Lines of Businesses and Finance teams to collaboratively develop a balance and NII forecast that is leveraged for Corporate Planning at the enterprise level, Interest Rate Risk Management scenarios, and regulatory stress test scenarios. In addition, the team engages in project initiatives to enhance overall efficiency across Corporate Treasury. Results of the team’s work are presented to executive management on a regular basis.

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.

Responsibilities may include:

• Preparing the loan balance and NII forecasts each month.
• This includes documentation and challenge of assumptions, reporting results to executive management, and explaining changes versus forecast, prior month, quarter, or year as needed.
• Standardized and ad-hoc analysis to inform key strategic decisions for loan balance and pricing spread management Partnering with LOBs and Finance to ensure accuracy and precision Execution of CCAR and other internal stress testing routines Project management and change execution on key initiatives around forecasting and analytics Support quarter end Investor Relations materials and talking points presented to investors.

Required Qualifications:

• 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.