Director, Treasury

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

Job summary

BNY Mellon in New York City seeks a Director to join the Asset Liability Management (ALM) team. The role oversees the measurement, analysis, and reporting of interest rate risk across the balance sheet.

You will partner with Treasury and Finance to evaluate hedging, balance sheet strategies, and governance improvements, while advancing models, analytics, and reporting infrastructure.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or related field requested.
• 10+ years in Treasury/ALM or related risk roles within a financial institution.
• Strong understanding of asset liability management concepts and IRRBB.
• Experience with stress testing, hedging, and balance sheet analytics.
• Proficiency in Excel and PowerPoint; programming or data tools a plus.

Responsibilities

• Lead analysis of interest rate risk in the banking book, including earnings-at-risk and economic value sensitivity.
• Monitor market rates, yield curves, and balance sheet positioning to inform action.
• Provide insight into asset and liability exposures and recommend risk-adjusted improvements.
• Partner with Treasury, Finance, Risk, and business teams on strategy and hedging approaches.
• Prepare risk analysis and management reporting for senior leadership.
• Support governance, limits, stress testing, and policy compliance for ALM.

Skills

Leadership

Analytical thinking

Stakeholder management

Communication

Team collaboration

Education

Bachelor's degree in Finance, Economics, Mathematics, or related field

Advanced degree preferred

Tools

Excel

PowerPoint

Python

SQL

VBA

ALM systems

Data tools

Job description

We are seeking a Director to join the Asset Liability Management (ALM) team in New York City. This role will support the oversight, measurement, analysis, and reporting of interest rate risk across the balance sheet. The Director will play a key role in assessing exposures, evaluating hedging and balance sheet strategies, partnering with Treasury and Finance stakeholders, and enhancing risk management frameworks, methodologies, and governance.

In this role, you'll make an impact in the following ways:

• Lead analysis of interest rate risk in the banking book, including earnings-at-risk, economic value sensitivity, and other balance sheet risk metrics.
• Monitor and interpret changes in market rates, yield curves, customer behavior assumptions, and balance sheet positioning.
• Provide insight into asset and liability exposures and recommend actions to optimize risk-adjusted outcomes.
• Partner with Treasury, Finance, Risk, and business teams on balance sheet strategy, funding implications, and hedging approaches.
• Prepare and present risk analysis, committee materials, and management reporting for senior leadership.
• Support governance processes related to ALM and interest rate risk, including limits monitoring, stress testing, and policy compliance.
• Drive enhancements to models, assumptions, analytics, and reporting infrastructure used in interest rate risk management.
• Contribute to regulatory and internal audit deliverables related to ALM, liquidity, and interest rate risk oversight.
• Mentor junior team members and help foster a strong risk culture, collaboration, and execution discipline.
• Identify opportunities to improve processes, controls, and analytical capabilities across the team.

To be successful in this role, we're seeking the following:

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Accounting, Engineering or a related field; advanced degree preferred.
• 10+ years of experience in Treasury, ALM, balance sheet management, market risk, or interest rate risk within a financial institution.
• Strong understanding of asset liability management concepts, interest rate risk measurement, and banking book exposures.
• Experience with balance sheet analytics, behavioral assumptions, stress testing, and hedging strategy evaluation.
• Familiarity with regulatory expectations related to IRRBB, liquidity risk, and balance sheet risk governance.
• Strong quantitative and analytical skills with the ability to interpret complex financial data and communicate implications clearly.
• Experience preparing presentations and materials for senior management and risk committees.
• Proficiency with Excel and PowerPoint; familiarity with ALM systems, data tools, or programming languages such as Python, SQL, or VBA is a plus.
• Excellent written and verbal communication skills.
• Demonstrated leadership, collaboration, and stakeholder management abilities.

Preferred Attributes

• Strategic thinker with strong commercial and risk judgment.
• Ability to operate effectively in a fast‑paced, highly visible environment.
• Detail‑oriented with strong execution skills and a continuous improvement mindset.
• Comfortable challenging assumptions and offering thoughtful, data‑driven recommendations.
• Strong team player who thrives in a collaborative environment.

What Success Looks Like

• Delivering timely, accurate, and actionable interest rate risk analysis.
• Strengthening management reporting and governance materials for senior stakeholders.
• Enhancing ALM methodologies, assumptions, and analytics.
• Building trusted partnerships across Treasury, Finance, and Risk functions.
• Helping the organization proactively manage balance sheet risk in changing market environments.