BNY · 1 week ago
Senior Associate, Treasury and ALM
New York, NY
Full-time
Hybrid
Mid, Senior Level
$69K/yr - $122K/yr
2+ years expBNY is a leading global financial services company influencing nearly 20% of the world’s investible assets. The role of Senior Associate in Treasury and ALM involves contributing to the execution of the Corporation’s Net Interest Income monthly forecast process and developing reports for senior management while ensuring the efficiency of Corporate Treasury strategies.
Financial Services
Responsibilities
Key contributor to the Interest Rate Risk team’s execution of the Corporation’s 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 team’s 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
Qualification
Required
Bachelor's degree or the equivalent combination of education and experience is required
Minimum of 2-3 years of work experience required
Strong organizational skills and proactive nature (expected to drive creative solutioning without significant guidance)
Preferred
Degree in math, engineering, statistics, computational finance, or economics preferred
Progress towards an MBA, FSA, FRM, CFA, or CPA/CA 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
Benefits
Generous paid leaves
Paid volunteer time
Company
BNY
We help make money work for the world — managing it, moving it and keeping it safe.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Brian A. Ruane
CEO Government Securities Services & Global Client Management
Chris Kearns
CEO, Depositary Receipts
Recent News
PR Newswire
2024-11-01
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