Treasury Asset and Liability Management Specialist

4 weeks ago


Boston, Massachusetts, United States Citizens Financial Group, Inc. Full time
Job Description:

The Asset and Liability Management (ALM) Team at Citizens Financial Group, Inc. is responsible for providing key insights into the bank's performance under various economic and interest rate scenarios. As a Treasury Asset and Liability Management Specialist, you will play a crucial role in supporting the strategic management of our interest rate risk and bank capital levels.

In this role, you will have the opportunity to own the end-to-end forecasting process for a subset of the CFG balance sheet. You will develop a deep understanding of behavioral modeling, balance sheet forecasting, financial reporting, and stakeholder management. You will work cross-functionally to generate forecasting assumptions for assigned portfolios and operate as a subject matter expert within Treasury ALM.

Key Responsibilities:

Generate forecasting assumptions for assigned portfolios
Operate as a subject matter expert within Treasury ALM
Develop and recommend best-in-class forecasting approaches
Utilize the ALM balance sheet model (QRM) to run EVE, NII, and Capital Adequacy for assigned portfolios
Perform attribution analysis of portfolio impacts on balance sheet risk metrics
Execute assumption sensitivity and back-testing to identify main drivers of changes in metrics
Regularly review portfolio assumptions and processes to identify areas of improvement
Enhance and/or develop reporting tools used to communicate risk drivers to senior management

Qualifications:

3+ years of advanced QRM experience
5+ years of Treasury ALM experience
Well-versed with regional banking products and balance sheets
Strong Excel skills with an eye toward building analytical efficiency
Ability to coordinate tasks and effectively manage time to meet deliverables
Good written and oral communication skills
Quick learner, comfortable with concepts of financial mathematics
Self-starter
Intellectual curiosity and creative problem-solving skills

Preferred Qualifications:

SQL skills
Experience with Hyperion Essbase
Experience with PowerBI
Experience with PowerQuery

Education:

Required: Bachelor's degree, ideally in business, finance, computer science, math, or statistics
Master's degree preferred
Certified Financial Risk Manager (FRM) or Chartered Financial Analyst (CFA) preferred

Hours and Work Schedule: 40 hours/week, M-F, Hybrid - 3 days in the office, 2 remote

Location: Boston, MA, Westwood, MA, Johnston, RI

Citizens Financial Group, Inc. is an equal employment opportunity employer and welcomes applications from diverse candidates.

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