Asset & Liability Sr. Analyst

Citizens Bank, N.A.; Johnston (RI); Hybrid; USD 109,000 - 141,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Retirement benefits

Maternity/paternity leave

Flexible work arrangements

Education reimbursement

Wellness programs

Job summary

Citizens Bank is seeking an Asset & Liability Sr. Analyst to lead end-to-end forecasting for a subset of the CFG balance sheet, across multiple rate scenarios, building models and reports to support risk decisions.

You will collaborate cross-functionally with treasury teams to develop robust forecasting methodologies, deliver timely insights, and support capital planning and hedging decisions.

Qualifications

• Bachelor's degree required in business, finance, computer science, math, or statistics.
• Learning agility and curiosity with new technologies and tools.
• Strong planning, prioritization, and time management for multiple deliverables.
• Clear written and verbal communication skills.
• Strong quantitative aptitude and financial concepts.
• Initiative, accountability and ability to work independently.
• Analytical mindset with problem-solving creativity.
• Attention to detail and understanding of banking dynamics.

Responsibilities

• Forecasting assumptions for assigned portfolios in Treasury ALM.
• Be SME of assigned portfolios within Treasury ALM.
• Develop forecasting approaches blending financial math and QRM capabilities.
• Perform attribution analysis of portfolio impacts on balance sheet risk metrics.
• Execute sensitivity and back-testing to identify key drivers of changes.
• Review assumptions and processes for improvements.
• Enhance reporting tools to communicate risk drivers to senior management.
• Complete ad-hoc analyses to improve balance sheet modeling risk analytics.

Skills

Forecasting

Financial modeling

Quantitative analysis

Communication skills

Independent work

Analytical mindset

Education

Bachelor's degree in Finance/Math/CS

Tools

SQL

Excel

Oracle/Essbase

QRM/Empyrean/Bancware

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.

#LI-CITIZENS2

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 thebudget, work location, and relevant skills and experience.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible workarrangements, 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.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.