Vice President, Treasury and ALM II

BNY Mellon Capital Markets, LLC; Pittsburgh (Allegheny County); Hybrid; USD 120,000 - 180,000; Full time

Job summary

A leading financial institution seeks a Vice President for Treasury and ALM in Pittsburgh. This hybrid role focuses on asset and liability management, risk assessment, and improving processes within a collaboration-oriented team. Ideal candidates will have significant experience and advanced degrees in quantitative fields.

Benefits

Competitive compensation

Flexible resources

Paid leave

Volunteer time

Qualifications

• 7-10 years of relevant experience.
• 3+ years of experience with Quantitative Risk Management (QRM) models.
• Experience with CCAR stress testing, interest rate risk, liquidity stress testing, and ALM.

Responsibilities

• Contribute to the year-round stress test and various projects.
• Perform financial data analysis and prepare presentations for senior management.
• Identify opportunities to improve ALM risk measurement and reporting processes.

Skills

Quantitative Risk Management

Technical Documentation

Communication Skills

Proficiency in Excel

VBA Knowledge

SQL Knowledge

Education

Bachelor’s degree in a quantitative discipline

Master’s, MBA, CFA, or CPA/CA preferred

Job description

We’re seeking a future team member for the role of Vice President, Treasury and ALM I to join our Corporate Treasury team. This role is located in Pittsburgh, PA – hybrid.

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

1. Contribute to the year-round stress test (e.g., annual CCAR stress test execution, mid-cycle stress test), as well as various projects throughout the year. The candidate will join a talented global team responsible for asset and liability management, capital management, interest rate and liquidity risk management.
2. Perform FR Y-14A net interest income and balance sheet projections for various scenarios. Collect financial data, forecast inputs/assumptions, run models, execute CCAR stress testing, and report results. Conduct attribution analysis, identify key forecast drivers, and prepare presentations for senior management.
3. Ensure the Balance Sheet Management (BSM) analytics model functions correctly, troubleshoot unexpected results, and ensure the integrity of reports for senior management and CCAR processes.
4. Identify opportunities to improve ALM risk measurement and reporting processes. Support model improvements, validation, testing, and analysis.
5. Conduct special projects and ad-hoc analyses. Provide technical guidance to less experienced team members.
6. Collaborate with teams across the firm, including Balance Sheet Modeling, Interest-Rate Risk, RWA, Capital, and Risk & Audit, to ensure efficient data collection and process execution.

To be successful, candidates should have:

• Bachelor’s degree in a quantitative discipline (engineering, mathematics, statistics, economics); Master’s, MBA, CFA, or CPA/CA preferred.
• 7-10 years of relevant experience.
• Experience with CCAR stress testing, interest rate risk, liquidity stress testing, and ALM within large financial organizations.
• 3+ years of experience with Quantitative Risk Management (QRM) models.
• Excellent technical documentation and communication skills.
• Proficiency in Excel; VBA and SQL knowledge preferred.

Our awards include:

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, 100% score, 2023-2024
• Best Places for Disability Inclusion, Disability: IN, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top for Sustainability, 2024
• Bloomberg’s Gender Equality Index, 2023

Our Benefits And Rewards: We offer competitive compensation, benefits, and wellbeing programs, including flexible resources, paid leave, and volunteer time.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.

About Us: For over 230 years, BNY Mellon has been a leader in finance, managing nearly one-fifth of the world's financial assets. We serve clients worldwide with a focus on integrity and innovation.

About The Team: Our Finance team provides accounting, control, and decision support, working closely with various business groups to manage investments, liquidity, and capital.