Senior Analyst, Treasury and ALM
Who we are
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets. We can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. Since our founding in 1784, by Alexander Hamilton, we have endured every economic condition and market event as the oldest, continuously operating financial institution in the United States. We provide investment management and investment services that are unrivaled in scale, precision and quality, helping our clients to conduct business and manage risk around the world.
What we need and what you could do
The Corporate Treasury Group at BNY Mellon is responsible for managing the investment portfolios and the liquidity and capital positions of the various subsidiary banks and of the Parent Corporation. The analyst will work in the Asset Liability Management (ALM) team within Corporate Treasury and will be responsible for the following.
Under close supervision, conducts basic 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. Is beginning to build foundational knowledge spanning the range of treasury, capital and ALM categories across the organization and its varied products/services. With guidance, 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 and performing corrections as directed. Escalates work to more senior team members for quality review. 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 to more senior team members. Assists with projects as needed. Assesses alignment to regulatory requirements; researches and documents liquidity self-assignment and liquidity funding contingency plans. Provides supporting documentation and analyses for management reports/briefings. Reviews work with more senior professionals to improve own work. Begins to establish relationships with peers in the businesses, Risk Management, Finance and Corporate Treasury to ensure efficient collection of data/model inputs. Learns the foundational regulations governing ALM, Capital Management, Liquidity Funding and related Treasury functions. Conducts ad-hoc analyses/reporting as requested. No direct reports. Job scope is limited to the quality and accuracy of own work. Contributes to the achievement of team goals.
Degree in math, engineering, statistics, computational finance or economics preferred.
Progress towards CFA or FRM certification a plus.
Prior internship or work experience in Financial Services in Risk or Quant area preferred.
Programming skills in R, SAS, Python, VBA and database query language (SQL).
Knowledge of some of the key Fixed income products and concepts such as Duration, Convexity, DV01.
Advanced Excel and financial modeling skills.
BNY Mellon is an Equal Employment Opportunity Employer.
Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
For further information, and to apply, please visit our website via the “Apply” button below.