Vice President, Treasury and ALM I
: Job Details :

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 Liquidity Risk Vice President to join our Corporate Treasury team. This role is located in New York, NY (Hybrid).

In this role, you'll make an impact in the following ways:

• Understand and explain movements in Liquidity Risk Reporting (including daily LCR / NSFR / FR2052a); Conduct ad-hoc analysis to explain liquidity risk drivers.
• Contribute to reports that provide clear and accurate analyses and that identify and track risks.
• Ensure proper controls on the quality and integrity of reports produced for senior management and ALM committee processes.
• Perform impact analysis and test of various data quality issues impacting liquidity reporting.
• Perform historical and data analysis on BNY deposits as well as examining the liquidity impact of various deposit movements.
• Support interactions with supervisory teams by drafting regulatory responses, supplying requested data, and explaining rationale behind any analytical assumptions.
• Lead and coordinate projects with multi-disciplinary teams across Corporate Treasury, Risk, and Finance, and the businesses; manage timelines for project deliverables and communicate status updates to stakeholders and senior management.

To be successful in this role, we're seeking the following:

• No direct reports. Provide leadership to less experienced team members, guiding and coaching them on their work accuracy and quality.
• Work under minimal supervision, provide expertise to the policy writing, liquidity assessments, analytical research, data gathering, calculations, modeling, and forecasting related to controlling the risks associated with assets, liabilities, liquidity funding.
• Interface with internal and external stakeholders and continue 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.
• Must have the ability to work under pressure and to succeed in an unstructured and changing environment.
• Adept at interpersonal interactions; ready to work with and communicate with multiple partners to bring tasks to completion.
• 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.
• Implementation, creation, and communication of new documentation and reporting control standards across the organization.

Preferred skills include the following:

• Bachelor‘s degree or the equivalent combination of education and experience is required, ideally in economics, business analytics, information systems, finance, or business administration (MBA, CFA, or CPA/CA preferred. 5-7 years of total work experience preferred).
• An advanced user of Microsoft Office (i.e. Excel, PowerPoint, Word).
• Process and project management skills are an asset.
• Experience with or an openness to learn Python and/or SQL coding languages.
• Experience with or an openness to learn Tableau and/or PowerBI data visualization software.
• Audit, regulator, and/or model risk background.
• Strong background in finance/banking, and solid understanding of bank liquidity regulations including the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR).

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 is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $78,000 and $147,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

About Us

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 & 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.

About the Team

Finance helps our internal clients outperform over time. At BNY Mellon, Finance serves our internal clients by providing world-class accounting operations and control and decision support while instituting world-class change management. Global Procurement is responsible for establishing the programs to acquire products and services for BNY Mellon by employing deep category knowledge and commodity expertise, coupled with an understanding of the needs of our businesses and business partner groups. The Corporate Treasury group is responsible for managing the investment portfolios and the liquidity and capital positions of the various subsidiary banks and of BNY Mellon.

Job Info

• Job Identification 60187
• Job Category Treasury and ALM
• Posting Date 11/05/2024, 01:08 PM

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