Senior Associate, Treasury and ALM

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 SENIOR ASSOCIATE to join our TREASURY & ALM team. This role is located in NEW YORK, NY – ONSITE/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:

Interfaces with internal and external stakeholders and continues to build a broad range of knowledge spanning the range of treasury, capital and asset and liability categories across the organization and its varied products/services.
Responsible for daily monitoring and reporting of liquidity funding requirements at a variety of clearing and settlement locations to the senior management.
Provides input into development/review of the assumptions for stressed liquidity requirements at the Financial Market Utilities (FMUs) and intraday liquidity stress testing principles.
Responsible for conducting intraday liquidity stress testing scenarios, assessing and reporting the results to the senior management and ALM committees.
Allocating the funding costs to the various lines of business on the liquidity usage to meet the liquidity and funding requirements at the FMUs.
Ensures proper controls on the quality and integrity of reports produced for senior management and ALM committee processes.
Anticipates changes in the regulatory environment and the business, conducts applicable research and makes recommendations for responding to emerging/changing regulatory requirements affecting ALM, Capital or Liquidity Funding.

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. MBA, CFA, or CPA/CA preferred.
Knowledge of Liquidity regulatory reporting, including but not limited to: Regulation YY, Liquidity Stress Testing (LST), FR2052a, LCR & NSFR, RLAP, RLEN.
Expert in intraday liquidity management practices and stress scenario design in addition to the reporting and monitoring expectations outlined. Familiarity with clearing and settlement flow at various settlement locations is a plus.
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.
Familiarity with data visualization tools (Power BI, Tableau, etc.) and basic knowledge of SQL and python coding skills preferred.
Strong communication skills (written and verbal) in English.
Team player with positive attitude and strong work ethic.
Strong organizational skills, with high attention to detail and follow-through.
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