Job Description:

The ALM Team is responsible for monthly interest rate risk and quarterly capital stress testing analytics. The team provides senior management, as well as the Board, with key insights into the bank's performance under a range of economic and interest rate scenarios, supporting the strategic management of our interest rate risk and bank capital levels.

In your role as Asset and Liability Management Manager you will be given the opportunity to own the end-to-end forecasting process for a sub-set of the CFG balance sheet. Forecasting across multiple economic and interest rate scenarios, the candidate will develop a deep understanding of behavioral modeling, balance sheet forecasting, financial reporting, and stakeholder management.

In this role at Citizens you’ll experience a collaborative team environment, exciting learning and growth opportunities, and the ability to shape our balance sheet forecasting! Citizen's management is focused on the growth of its team members, and best efforts are made to ensure that each colleague continues to develop and expand their expertise in support of their future career goals.

Job Responsibilities:

• Work cross-functionally to generate forecasting assumptions for assigned portfolio(s).
• Operate as subject matter expert of the assigned portfolio(s) within Treasury ALM.
• Bring together an understanding of financial mathematics, banking products and QRM capabilities to identify and recommend best in class forecasting approaches.
• Utilize the ALM balance sheet model (QRM) to run EVE, NII and Capital Adequacy for assigned portfolio(s)
• Perform attribution analysis of portfolio(s) impacts on balance sheet risk metrics.
• Execute assumption sensitivity and back-testing to identify the main drivers of changes in metrics.
• Regularly review portfolio assumptions and processes to identify areas of improvement.
• Enhance and/or develop reporting tools used to communicate risk drivers to senior management.
• Complete ad-hoc analyses to improve balance sheet modeling risk analytics.

Qualifications

Required:

• 3+ Years of advanced QRM experience.
• 5+ Years of Treasury ALM experience.
• Well versed with regional banking products and balance sheets.
• Strong Excel skills with an eye toward building analytical efficiency.
• Ability to coordinate tasks and effectively manage time to meet deliverables.
• Good written and oral communication skills.
• Quick learner, comfortable with the concepts of financial mathematics.
• Self-starter.
• Intellectual curiosity and creative problem-solving skills.

Preferred:

• SQL skills
• Experience with Hyperion Essbase
• Experience with PowerBI
• Experience with PowerQuery

Education:

• Required - bachelor’s degree, ideally in business, finance, computer science, math or statistics
• Master's Degree preferred.
• Certified Financial Risk Manager (FRM) or Chartered Financial Analyst (CFA) preferred

Hours and Work Schedule: 40 hours p/week – M-F Hybrid - 3 days in the office, 2 remote.

Location: Boston MA, Westwood MA, Johnston RI

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