Associate, Treasury and ALM II
BNY Mellon - Pittsburgh, PA
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At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the worldu2019s financial system we touch nearly 20% of the worldu2019s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.Weu2019re seeking a future team member for the role of Associate, Treasury and ALM II to join our Corporate Treasury Interest Rate Risk team. This role is located in Pittsburgh, PA u2013 this role, youu2019ll make an impact in the following ways: Key contributor to the Interest Rate Risk teamu2019s execution of the Corporationu2019s Net Interest Income (NII) monthly forecast process delivering results and attribution, and responsible for performing sensitivity analyses on both NII and Economic Value of Equity (EVE) in accordance with regulatory requirements Develops and produces interest rate risk reports and briefings for senior management and governance forums such as Asset Liability Committee (ALCO), highlighting operational activities/outcomes, identifying risks and recommending proposed solutions Maintains documentation and performs controls related to production activities including completing risk assessments and internal tracking and resolution of process improvements and control issues Partner with Treasury subject matter experts to ensure efficiency and appropriate execution of Corporate Treasury strategies Make and defend key trade-offs between model accuracy and complexity, in line with teamu2019s overall strategic objectives Manages the collection, validation and analyses of financial data underpinning the Bank's interest rate risk framework Assist in ad hoc strategic risk assessments and analysis for senior management Participates in the function-level Business Continuity Plan, completes testing and understands the protocols should a disruption occur To be successful in this role, weu2019re seeking the following: Bacheloru2019s degree or the equivalent combination of education and experience is required. Degree in math, engineering, statistics, computational finance, or economics preferred. Progress towards an MBA, FSA, FRM, CFA, or CPA/CA preferred 0-3 years of total work experience preferred. Experience in Corporate Treasury / Finance Management & Analysis / Planning & Analysis / CFO team in a financial services firm preferred. Knowledge of balance sheet and financial instruments, finance / management reporting systems, and Net Interest Income / Expense calculations a plus Experience with interest rate risk management, and/or asset-liability management within large complex financial organizations preferred Strong organizational skills and proactive nature (expected to drive creative solutioning without significant guidance)At BNY, our culture speaks for itself. Hereu2019s a few of our awards: Americau2019s Most Innovative Companies, Fortune, 2024 Worldu2019s Most Admired Companies, Fortune 2024 Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024 Best Places to Work for Disability Inclusion, Disability: IN u2013 100% score, 2023-2024 u201cMost Just Companiesu201d, Just Capital and CNBC, 2024 Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024 Bloombergu2019s Gender Equality Index (GEI), 2023Our Benefits and Rewards:BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your lifeu2019s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.Our ambition is to build the best global team u2013 one that is representative and inclusive of the diverse talent, clients and communities we work with and serve u2013 and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.', 'id_locale': '58427-en
Created: 2024-09-07