Senior Vice President, Treasury and ALM

BNY Mellon

$150K — $200K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Degree in mathematics, engineering, statistics, computational finance, economics, finance, or a related quantitative discipline preferred.
  • MBA, CFA, FRM, or similar advanced credential preferred.
  • 10-15 years of total work experience preferred.
  • Significant experience with interest rate risk management, IRRBB, and/or asset-liability management within large, complex financial organizations preferred.
  • Experience with Quantitative Risk Management (QRM) or a similar IRR platform preferred.
  • Strong understanding of regulatory expectations, governance standards, and industry practices related to ALM and IRRBB.

Responsibilities

  • Provide senior-level expertise in Asset Liability Management (ALM) with a focus on Interest Rate Risk in the Banking Book (IRRBB).
  • Lead the interpretation of modeling, forecasting, and scenario analysis to support balance sheet decisions.
  • Identify opportunities to enhance ALM and IRRBB analytics, methodologies, and management reporting.
  • Shape future strategy by translating Treasury and balance sheet priorities into team objectives and insights.
  • Monitor compliance with balance sheet risk metrics and escalate key issues as necessary.
  • Deliver thoughtful analytics and reporting that improve the internal stakeholder experience.
  • Evaluate risks from new products or market conditions and recommend enhancements to ALM processes.

Benefits

  • Flexible global resources and tools for personal and professional life.
  • Generous paid leaves, including paid volunteer time.
  • Access to a 401(k) plan and participation in medical, dental, vision, and life insurance plans for employees and dependents.
  • Support for health and personal resilience initiatives.
  • Focus on employee financial goals through comprehensive benefits.
Full Job Description
Job Description

We're seeking a future team member for the role of Senior Vice President, Treasury and ALM to join our Corporate Treasury team. This role is located in Pittsburgh - Hybrid.

In this role, you'll make an impact in the following ways:
  • Provides senior-level expertise and thought leadership in Asset Liability Management (ALM), with a primary focus on Interest Rate Risk in the Banking Book (IRRBB), balance sheet analytics, and Treasury risk management strategy.
  • Leads the interpretation and evolution of modeling, forecasting, and scenario analysis related to assets, liabilities, earnings sensitivity, and economic value exposure to support balance sheet decisions and risk management.
  • Identifies opportunities to enhance ALM and IRRBB analytics, including methodologies, assumptions, governance, and management reporting, in line with regulatory expectations and Corporate Treasury guidance.
  • Shapes future strategy by translating BNY's Treasury and balance sheet priorities into clear team objectives, execution priorities, and decision-useful management insights.
  • Monitors compliance with internal and regulatory balance sheet risk metrics for assigned legal entities and/or regions, escalating key issues and emerging risks to senior management as appropriate.
  • Oversees the application of core IRR measurement and analytical tools, ensuring outputs are fit for purpose, well understood, and appropriately used in Treasury and risk decision-making.
  • Makes the internal stakeholder and end-user experience measurably better by delivering thoughtful, decision-oriented analytics, reporting, and risk insights that support Treasury, Finance, and Risk partners.
  • Helps teams adopt better ways of working by simplifying processes, strengthening governance, and improving the efficiency and scalability of the ALM operating model.
  • Takes accountability for team results, ensuring analytical quality, timely execution, strong governance, and clear ownership across ALM and IRRBB activities.
  • Applies new learnings, market developments, and evolving industry practices to improve how ALM, IRRBB, and balance sheet risk work gets done.
  • Puts team success ahead of individual priorities by building strong partnerships across Treasury, Finance, Risk, Data, and Technology organizations.
  • Encourages AI adoption to improve team performance, analytical insight, and decision support within the ALM framework, while maintaining strong controls and clear accountability.
  • Promotes a product mindset by delivering solutions, reporting, and analytical capabilities that improve user outcomes, usability, and adoption.
  • Uses data to improve team performance, strengthen decision-making, and enhance transparency across ALM, IRRBB, and balance sheet risk processes.
  • Evaluates risks inherent in new or changing bank products, balance sheet strategies, or market conditions, and recommends enhancements to ALM methodologies, analytics, and associated technical processes as needed.
  • Influences and guides thinking by presenting clear ideas, insights, and recommendations that enable fast and informed decisions by senior leadership.
  • Applies business acumen to remove complexity and bureaucracy, improving execution, governance, and outcomes across Treasury risk management activities.
  • Develops and coaches talent through ongoing feedback, mentorship, and growth opportunities that build team capability and strategic thinking.
  • Monitors industry developments and regulatory expectations related to ALM, IRRBB, and balance sheet risk, and applies best practices to strengthen policies, procedures, assumptions governance, and analytical frameworks.
  • Leads special projects and strategic initiatives, engaging partners across Treasury, Finance, Risk, Data, and Technology to enhance the ALM operating model and strengthen end-to-end process sustainability.

To be successful in this role, we're seeking the following:
  • Degree in mathematics, engineering, statistics, computational finance, economics, finance, or a related quantitative discipline preferred.
  • MBA, CFA, FRM, or similar advanced credential preferred.
  • 10-15 years of total work experience preferred.
  • Significant experience with interest rate risk management, IRRBB, and/or asset-liability management within large, complex financial organizations preferred.
  • Experience with Quantitative Risk Management (QRM) or a similar IRR platform preferred.
  • Demonstrated ability to connect technical model output and analytical findings to strategic Treasury, balance sheet, and risk management decisions.
  • Strong understanding of regulatory expectations, governance standards, and industry practices related to ALM and IRRBB.
  • Proven ability to communicate complex analytical topics clearly and effectively to senior management and cross-functional stakeholders.
  • Demonstrated strength in client focus, strategic leadership, talent development, influencing stakeholders, applying business judgment, and leading through collaboration in a complex matrixed environment.


Our 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 life's 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 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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