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Truist Asset Liability Management Forecast Coordinator* in Charlotte, North Carolina

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

The ALM Forecast Coordinator will serve as the senior model owner and subject matter expert (SME) for a key modeling function or assumption used in Corporate Treasury to identify and quantify short-term and long-term interest risk on the company's balance sheet. These modeling functions and assumptions may include interest rate risk analysis, EVE analysis, prepayment analysis, stress-testing, and other areas as assigned. The role coordinates the preparation, analysis, and documentation of the assigned risk including model development and review, sensitivity testing, and reporting metrics to the assigned governing bodies in accordance with all corporate policies and regulatory guidance.

Responsibilities may include:

  1. Own a key Corporate Treasury modeling function used to evaluate risk of the overall balance sheet or a significant balance sheet portfolio. This includes documentation and challenge of assumptions, reporting results to governing bodies, and explaining changes versus forecast, prior month, quarter, or year as needed.

  2. Work with key members of Market Risk, Model Risk Management, Finance and Corporate Treasury to identify and quantify the impact of emerging risks on net interest income, capital, and balance sheet.

  3. Build strong relationships with lines of business (LOBs) so that you become a subject matter expert for them to rely on.

  4. Collaborate with internal resources and business partners to identify and implement improvements to existing processes.

  5. Assist with development and implementation of new models in QRM and QRM version upgrades.

  6. Train a senior analyst on your assigned model and provide a review of their inputs and outputs.

  7. Ensure all documentation is updated and in compliance with company policies.

  8. Assist with CCAR modeling and testing as needed.

  9. Prepare requested ad-hoc analysis and presentations as requested for Executive Leadership.

Minimum Requirements:

  1. Master's degree in Business, equivalent work experience, or BS/BA and equivalent training.

  2. 7+ years of experience in banking, 5+ years in asset/liability management (ALM).

  3. Ability to interact at all levels of management.

  4. Excellent analytical skills and knowledge of bank's balance sheet.

  5. Demonstrated proficiency in basic computer applications, such as Microsoft Office.

Preferred:

  1. Chartered Financial Analyst (CFA) Designation

  2. QRM experience

  3. General ledger experience

  4. VB (Visual Basic) experience

  5. Ability to work effectively, as well as independently, in a team environment

  6. Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills

  7. Knowledge and understanding of asset liability or liquidity management software, especially QRM

  8. Strong analytical skills with high attention to detail and accuracy

  9. Hyperion Essbase experience

  10. Ability to successfully operate in a complex and matrixed environment

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site (https://benefits.truist.com/)

. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.

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