Senior ALM & QRM Analyst — Framework & Analytics

Citizens Bank; Rhode Island; On-site; USD 109,000 - 141,000; Full time

Benefits offered by this job

Medical, dental and vision coverage

Retirement benefits

Maternity/paternity leave

Flexible work arrangements

Education reimbursement

Wellness programs

Job summary

Citizens Bank in Rhode Island seeks a Senior QRM Engineer to lead the Treasury Balance Sheet Modeling (BSM) framework, guiding governance, architecture, data structures and controls across Treasury, Risk and Finance. You’ll drive forecasting, stress testing and FTP analytics while partnering with Tech and Finance teams.

The role emphasizes development of new use cases, model governance support and strategic analytics, with a 40-hour work week (Mon–Fri).

Qualifications

• Undergraduate degree in Finance, Economics, Mathematics, Statistics, Engineering, CS, Quantitative Finance or related field.
• Progressive experience with Treasury, Banking, Risk Management, Quantitative Analytics or Financial Systems experience.
• Strong quantitative and analytical capabilities.
• Strong knowledge of Interest Rate Risk, Balance Sheet Management, Stress Testing, Funds Transfer Pricing, Forecasting methodologies.
• Excellent written, verbal and presentation skills.
• Strong project management and prioritization skills.
• Ability to simultaneously manage multiple stakeholders and competing deadlines.

Responsibilities

• Support governance and management of the centralized QRM framework supporting all Treasury use cases.
• Own framework configuration, architecture, data structures, reporting hierarchies and implementation standards.
• Manage framework controls, documentation standards, testing protocols and change governance processes.
• Ensure platform integrity, audit readiness and model governance compliance.
• Manage the end-to-end change request lifecycle, including intake, requirements gathering, prioritization, testing, stakeholder approval and deployment.
• Support monthly framework maintenance activities across all Treasury production processes.
• Coordinate implementation of framework upgrades, new functionality and vendor releases.
• Establish production controls, validation procedures and evidence collection supporting audit and regulatory expectations.
• Lead development of new Treasury use cases, forecasting capabilities and analytical tools within QRM.
• Partner with Treasury, Finance, Risk and Technology teams to implement new modeling capabilities.
• Design and implement scalable solutions supporting forecasting, FTP, stress testing and risk analytics.
• Drive process automation and operational efficiency initiatives leveraging QRM, SQL, Python, Alteryx and reporting technologies.
• Serve as a recognized subject matter expert for the Treasury BSM framework/QRM.
• Build strong relationships across Treasury, Finance, Technology and Business Line partners.
• Provide consultation and technical guidance regarding framework capabilities, implementation approaches and analytical methodologies.
• Support successful adoption and operation of the framework across all user groups.
• Support framework reviews conducted by Model Risk Management & Market Risk, Internal Audit and Regulatory agencies.
• Respond to model governance findings and regulatory inquiries.
• Maintain documentation supporting conceptual soundness, implementation integrity and production controls.
• Deliver ad hoc analysis in support of strategic Treasury initiatives, executive decision-making and risk management activities.
• Apply financial mathematics, balance sheet management concepts and QRM functionality to develop best-in-class solutions.
• Support ongoing modernization of ALM capabilities and enterprise forecasting processes.

Skills

Interest Rate Risk

Balance Sheet Management

Stress Testing

Funds Transfer Pricing

Forecasting methodologies

Quantitative Analytics

Communication skills

Project management

Stakeholder management

Data analysis

Education

Bachelor's degree in Finance/Economics/Math/CS

CFA/FRM/MBA preferred

Tools

SQL

Python

Power BI

Alteryx

Essbase

Data warehousing

Job description

Citizens Bank in Rhode Island seeks a Senior QRM Engineer to lead the Treasury Balance Sheet Modeling (BSM) framework, guiding governance, architecture, data structures and controls across Treasury, Risk and Finance. You’ll drive forecasting, stress testing and FTP analytics while partnering with Tech and Finance teams.

The role emphasizes development of new use cases, model governance support and strategic analytics, with a 40-hour work week (Mon–Fri).