Senior Specialist, Treasury and ALM

BNY Mellon

$90K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in math, engineering, statistics, computational finance or economics; MBA, CFA, or CPA/CA preferred.
  • 3-5 years of experience in liquidity or capital management within large financial organizations.
  • Foundational knowledge of treasury, capital, and asset/liability management categories.
  • Experience with liquidity stress testing and risk management preferred.
  • In-depth understanding of regulations governing ALM, Capital Management, and Liquidity Funding.

Responsibilities

  • Conduct advanced research and data analysis to support senior team members.
  • Collect and analyze financial data for capital and liquidity models.
  • Review calculations for accuracy and report unexpected results.
  • Analyze compliance against regulatory liquidity metrics.
  • Assist with projects and engage with investment professionals on risk management.
  • Contribute to documentation of liquidity funding plans and policies.
  • Guide and coach less experienced team members in their work.

Benefits

  • Eligible for annual discretionary incentive awards.
  • Participation in a 401(k) plan with company matching.
  • Access to company-sponsored medical, dental, vision, and life insurance.
  • Variety of paid time off benefits including vacation and sick leave.
Full Job Description
"Under moderate supervision, conducts advanced research, data gathering, and analyses in support of more senior team members tasked with controlling the risks associated with assets, liabilities, liquidity funding, capital and IRR management. Has built a build foundational knowledge spanning the range of treasury, capital and ALM categories across the organization and its varied products/services and is beginning to gain in-depth experience in a category such as Intraday Liquidity, Deposit Liabilities, Interest Rate Risk, Currency Risk, Capital Management, etc.Collects financial data and runs basic calculations used as inputs into various capital management, IRR, liquidity and asset/liability models or analyses. Reviews calculations for validity and accuracy, reporting on unexpected/undesired results,, may require collaboration with senior staff to determine a solution. Escalates unprecedented and complex issues to more senior team members/management.Internationally, analyzes basic capital, IRR, liquidity and asset liabilities management activities for assigned legal entity(ies). Reviews compliance against regulatory and/ or internal liquidity metrics and reports on findings. Assists with projects and may participate in discussions with investment and asset liability professionals on allocation decisions and risk management.Assesses alignment to regulatory requirements,, contributes to the development of and documents liquidity self-assignment and liquidity funding contingency plans. May contribute to the development of policies and procedures in line with regulatory requirements and Corporate guidance related to liquidity, capital and IRR aspects including underlying assumptions and limitations to risk management framework. Provides supporting documentation and analyses for management reports/briefings. Reviews work with more senior professionals to improve own work. Cultivates relationships with peers in the businesses, Risk Management, Finance and Corporate Treasury to ensure efficient collection of data/model inputs. Can readily apply knowledge of the foundational regulations governing ALM, Capital Management, Liquidity Funding and related Treasury functions to routine issues. Begins to acquire an understanding of some of the more complex regulatory issues.Conducts ad-hoc analyses/reporting as requested.No direct reports. Provides leadership to less experienced team members, guiding and coaching them on their work accuracy and quality. Job scope is limited to the quality and accuracy of own work. Contributes to the achievement of team goals.Modified based upon local regulations/requirements.Bachelor?s degree or the equivalent combination of education and experience is required. Degree in math, engineering, statistics, computational finance or economics preferred. MBA, CFA, or CPA/CA preferred. 3-5 years of total work experience preferred. Experience with liquidity stress testing, liquidity risk management, interest rate risk management, capital management and/or asset-liability management within large complex financial organizations preferred..BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

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