Liquidity Risk Senior Analyst

Truist; Charlotte (NC); On-site; USD 110,000 - 140,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

Life insurance

Disability insurance

401k plan

Job summary

Truist is seeking a Liquidity Risk Analyst II to manage and monitor core liquidity metrics. You will drive end-to-end calculations for LCR, NSFR, and risk limits, support CFP dashboards, and forecast LAB metrics.

The role requires collaboration with Funding, ALM, and Investment teams while ensuring governance and regulatory compliance. You will contribute to monthly stress tests, risk identification, and presentation of insights to leadership.

Qualifications

• Effective presentation and communication skills.
• Solid familiarity with Balance Sheet Management.
• MS Office suite proficiency including Word, PowerPoint, Excel, and Visio.

Responsibilities

• Lead end-to-end daily liquidity metric calculation for LCR, NSFR, and daily liquidity risk limits.
• Lead daily CFP status reporting via EWIs dashboard and monitor Early Warning Indicator dashboards.
• Lead monthly LAB and LAB Coverage ratio forecasts.
• Lead end-to-end monthly liquidity risk limit calculations and reporting to governance bodies.
• Own governance for key responsibilities, including controls and procedures.
• Collaborate with Investment Securities Portfolio for HQLA monetization testing.
• Identify and monitor risk with internal/external partners and assist remediation.
• Assist with Internal Liquidity Stress Testing per Regulation YY and with Parent Company Cash Coverage analysis.
• Assist in compiling liquidity risk materials for governance meetings and regulatory exams.
• Develop Corporate Funding plan to meet funding objectives and rating targets.
• Create and deliver executive presentations on liquidity risk topics.
• Develop and execute strategy for liquidity risk management at Truist and subsidiaries.

Skills

Communication skills

Balance Sheet Management

MS Office proficiency

Education

BS/BA in Finance, Accounting, Business Admin, or Economics

MBA or CFA designation (preferred)

Tools

Microsoft Word

PowerPoint

Excel

Visio

Job description

The position is described below.

Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st shift (United States of America)

Please review the following job description: The Corporate Liquidity Risk Management team is responsible for managing the liquidity risk of Truist Financial Corp (TFC) and its subsidiaries (e.g. Truist Bank, Truist Securities) by maintaining compliance with Truist’s liquidity risk appetite. Furthermore, the Liquidity Risk Management team works closely with business partners from Capital Management, the Investment Securities Portfolio, Corporate Funding, and Asset-Liability Management (ALM) to develop and execute strategies supporting the treasury function in meeting its objectives with consideration given to key liquidity metrics. The 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. The Liquidity Risk Analyst II role within the Liquidity Risk Management Team is responsible for the calculating, reporting, and monitoring of key liquidity metrics while assisting with the execution of liquidity risk governance, risk identification, and strategy of Truist. Primary responsibilities include:

Primary responsibilities

• Lead the end-to-end execution of the daily liquidity metric calculation for Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), and (daily) liquidity risk limits. This includes full understanding of the metrics and the systems/ processes used to calculate each.
• Lead the daily reporting of the overall Contingency Funding Plan (CFP) status via the Early Warning Indicator Dashboard (EWIs). This accompanies the daily calculation of the Early Warning Indicator Dashboard. The CFP status provides the ability to gauge potential liquidity stress events for Truist or broader financial markets, as well as any mitigating factors that offset the severity of certain events.
• Lead the daily forecast for the month-end estimate of the Liquid Asset Buffer (LAB) and LAB Coverage Ratios.
• Lead the end to end execution of the calculation of monthly liquidity risk limits. This includes full understanding of the metrics and the systems/ processes used to calculate each. Accompanying this is reporting risk limits to the Market Risk Liquidity and Capital Committee (MRLCC) meetings, MRLCC subcommittees meetings, Board of Director and Board Risk Committee meetings, and/or Executive Leadership meetings.
• Ownership of governance for the key responsibilities assigned, including execution of controls and the management of related policies/ methodologies/and procedures.
• Work with Investment Securities Portfolio team to complete HQLA monetization testing.
• Work with internal and external partners identifying and monitoring risk, including Truist Risk Management Organization (RMO), Finance Business Unit Risk Manager (BURM), and Truist Audit Services (TAS). This includes assisting in the remediation of any identified issues.
• Assist with the monthly Internal Liquidity Stress Testing process as required by Regulation YY, including governance relating to assumption analysis, ad hoc scenario design, and related management reporting.
• Assist with the monthly Parent Company Cash Coverage analysis.
• Assist with the compilation of liquidity risk management materials Market Risk Liquidity and Capital Committee (MRLCC) meetings, MRLCC subcommittees meetings, Board of Director and Board Risk Committee meetings, and/or Executive Leadership meetings.
• Assist with periodic Regulatory exams, including the Federal Reserve Board Horizontal Liquidity Review (HLR) and the FDIC Corporate Treasury Target Exam.
• Assist with the development of the Corporate Funding plan that achieves TFC’s funding objectives, capital targets, compliance with regulatory and internal liquidity metrics, safeguards parent company stress coverage, and supports rating targets (e.g. Moody’s, S&P, Fitch).
• Assist with the creation and delivery of effective and concise presentations to executive management covering complex and detailed analysis on various liquidity risk related topics and/or strategies.
• Assist with the development and execution of strategy surrounding the management of liquidity risk at Truist Financial Corp and its subsidiaries (including Truist Bank).

Qualifications

Required Qualifications

• BS/BA degree or higher in finance, accounting, business administration, or economics, or equivalent education and related training or experience.
• 5+ years of financial services experience
• 2+ years in an analyst or reporting role within finance or accounting.
• Solid understanding of the key tenets of Liquidity Risk Management (RegYY, RegWW, relevant SR Letters).
• Effective presentation and communication skills.
• Ability to work effectively, as well as independently, in a team environment.
• Solid familiarity with Balance Sheet Management.
• Strong masterly of Microsoft Office suite including Word, PowerPoint, Excel, and Visio.

Preferred Qualifications

• A Masters of Business Administration (MBA) or Chartered Financial Analyst (CFA) Designation.
• Prior experience in Risk Management role.
• Prior experience in a leadership role
• General ledger experience.

Benefits

• 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.
• 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.

Equal Opportunity Statement

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.

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About Truist

Truist is a purpose-driven financial services company, formed by the historic merger of equals of BB&T and SunTrust. We serve clients in a number of high-growth markets in the country, offering a wide range of financial services. At Truist, our purpose is to inspire and build better lives and communities. That happens through real care to make things better. To meet client needs, to empower teammates, and to lift up communities. Learn more about Truist on truist.com.