Asset & Liability Sr. Analyst

Citizens Financial; Johnston (RI); Hybrid; USD 109,000 - 141,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

Retirement benefits

Paid time off above minimums

Education reimbursement

Wellness programs

Job summary

The Asset & Liability Sr. Analyst role at Citizens Financial is responsible for end-to-end forecasting of balance sheet items across multiple economic scenarios, supporting hedging decisions and capital planning.

You will develop behavioral modeling, balance sheet forecasting, financial reporting, and interest rate risk management skills while partnering with treasury, finance and risk teams in a hybrid work environment in Rhode Island.

Qualifications

• Bachelor's degree required; preference for business, finance, CS, math or statistics.
• Learning agility and curiosity with new tools and analytics.
• Strong planning, prioritization, and time management skills.
• Clear written and verbal communication.
• Strong quantitative ability to apply financial concepts and methods.
• Initiative, accountability, and independent ownership of responsibilities.
• Intellectual curiosity with an analytical approach to problems.
• Strong attention to detail and accuracy; understanding of banking dynamics.

Responsibilities

• Work cross-functionally to generate forecasting assumptions for assigned portfolio(s).
• Be the subject matter expert of the assigned portfolio(s) within Treasury ALM.
• Combine financial math, banking products, and QRM to identify forecasting approaches.
• Perform attribution analysis of portfolio impacts on balance sheet risk metrics.
• Execute assumption sensitivity and back-testing to identify drivers of changes in metrics.
• Regularly review portfolio assumptions and processes for improvements.
• Enhance and/or develop reporting tools to communicate risk drivers to senior management.
• Complete ad-hoc analyses to improve balance sheet modeling risk analytics.

Skills

Analytical thinking

Quantitative aptitude

Communication skills

Initiative

Detail oriented

Learning agility

Time management

Banking knowledge

Education

Bachelor's degree in finance, economics, math or related field

Tools

Excel

SQL

Oracle/Essbase

QRM

Power BI/Tableau

Job description

The ALM Team is responsible for producing monthly interest rate risk and quarterly capital stress testing analytics, and providing senior management, as well as the Board, key insights into the banks risk position to a range of economic and interest rate risk scenarios. These analytics support the bank's hedging of interest rate risk and decisioning around target capital operating levels.

As the Asset & Liability Sr. Analyst , you will be given the opportunity to develop your Treasury experience and take responsibility for the end-to-end forecasting process of a sub-set of the CFG balance sheet across multiple economic and interest rate scenarios. The successful candidate will be given the opportunity to develop a deep understanding of behavioral modeling, balance sheet forecasting, financial reporting, and interest rate risk management.

Primary responsibilities include

• Work cross-functionally to generate forecasting assumptions for assigned portfolio(s)
• Be the subject matter expert of the assigned portfolio(s) within Treasury ALM
• Bring together an understanding of financial mathematics, banking products, and QRM capabilities to identify and recommend best-in-class forecasting approaches
• Perform attribution analysis of portfolio impacts on balance sheet risk metrics
• Execute assumption sensitivity and back-testing to identify the main drivers of changes in metrics
• Regularly review portfolio assumptions and processes to identify areas of improvement
• Enhance and/or develop reporting tools used to communicate risk drivers to senior management
• Complete ad-hoc analyses to improve balance sheet modeling risk analytics

Qualifications, Education, Certifications and/or Other Professional Credentials

• Required Qualifications Education: Bachelors degree required. (Preference given for business, finance, computer science, math, or statistical majors)
• Learning agility and curiosity, including an interest in developing proficiency with new technologies, analytical tools, and software.
• Strong planning, prioritization, and time management skills, with the ability to manage multiple deliverables effectively.
• Clear and effective written and verbal communication skills.
• Strong quantitative aptitude with the ability to understand and apply financial concepts and analytical methods.
• Initiative and accountability, with the ability to work independently and take ownership of assigned responsibilities.
• Intellectual curiosity with an analytical mindset and a creative approach to problem solving.
• Strong attention to detail with a commitment to accuracy and quality.
• General understanding of banking, financial performance, and market dynamics.

Preferred Qualifications

• Moderate to advanced Excel skills
• Moderate to advanced SQL skills
• Exposure to Oracle/Essbase
• Exposure to cash flow engines such as QRM, Empyrean, Bancware, etc.
• Experience working with tools like Power Query/Alteryx
• Experience working with data visualization software such as Tableau/Power BI/etc.

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: M-F Hybrid - 4 days in the office, 1 remote.

Pay Transparency

The salary range for this position is $109,000 - $141,000 per year. Actual pay is based on various factors including but not limited to the budget, work location, and relevant skills and experience. We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more.

Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time away policy of every local and state jurisdiction in the United States.

For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.

Work Authorization

This role is not eligible for new employer‑sponsored or current H-1 B visa holders. Applicants, including current OPT, L and other visa holders, must be authorized to work in the U.S. without the need for new employer sponsorship for themselves or their spouses now and in the future.