Associate, Treasury and ALM II

at  BNY Mellon

Overview
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We’re seeking a future team member for the role of Associate, Treasury and ALM II to join our Corporate Treasury Interest Rate Risk team. This role is located in Pittsburgh, PA – HYBRID.

EMPLOYER DESCRIPTION:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world’s financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It’s the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

IN THIS ROLE, YOU’LL MAKE AN IMPACT IN THE FOLLOWING WAYS:

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

TO BE SUCCESSFUL IN THIS ROLE, WE’RE SEEKING THE FOLLOWING:

Bachelor’s degree or the equivalent combination of education and experience is required. Degree in math, engineering, statistics, computational finance, or economics preferred. Progress towards an MBA, FSA, FRM, CFA, or CPA/CA preferred
0-3 years of total work experience 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
Strong organizational skills and proactive nature (expected to drive creative solutioning without significant guidance)
At BNY, our culture speaks for itself. Here’s a few of our awards:
America’s Most Innovative Companies, Fortune, 2024
World’s Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
“Most Just Companies”, Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg’s Gender Equality Index (GEI), 2023