BNY Mellon Careers

Senior Principal, Treasury and ALM

New York, New York

Job Description

Helps lead policy writing, liquidity assessments, analytical research, data gathering, calculations, modeling and forecasting related to controlling the risks associated with assets, liabilities, liquidity funding, capital and IRR management. Interfaces with key internal and external stakeholders, providing in-depth knowledge spanning the range of treasury, capital and asset and liability categories across the organization and its varied products/services. Typically specializes in ALM matters such as Intraday Liquidity, Deposit Liabilities, Interest Rate Risk, Currency Risk, Capital Management and Planning, etc. and/or oversees the full scope of activities for assigned region/entity(ies). Manages entities with highly complex and risky liquidity and capital management frameworks. Establishes the technical direction for complex calculations or elements of assigned ALM specialty. Collaborates with management to develop ALM, Capital Management or related treasury policies and strategies for assigned entity(ies) in alignment with Corporate guidance and regulatory requirements. Provides input and recommendations on Corporate guidelines. Serves as a subject matter expert and advises more junior professionals on improving their knowledge and how to address more complex or unusual issues. Through assigned work/project teams, oversees the collection of financial data, then validates, and populates various capital management, IRR, liquidity and asset/liability models or analyses. Runs the model/analyses, conducts liquidity stress testing and reports on results. Ensures models are functioning as expected; troubleshoots and develops approach to correct unexpected/undesired results. Assesses risk inherent in any new or changing Bank products and adjusts model inputs. Develops technical approach to unusual and complex problems; disseminates/teaches approach to team members. Internationally, reviews, analyzes, recommends and executes complex capital and asset liability management activities. Completes projects and assigns tasks to more junior professionals. Leads discussions with investment and asset liability managers on allocation decisions, risk management and changes to improve alignment with the ALM and Capital Planning and Management framework. Develops approaches for enhancing measurement and reporting. With management, leads the development of policies and procedures, ensuring alignment to risk position and any regulatory requirements. Contributes to the development of the framework for liquidity self-assessments and liquidity funding contingency plans. Evaluates asset liability performance/risk attribution and identifies opportunities for performance improvements and risk management strategies. Develops reports that provide clear and accurate analyses and that identify and track risks. Provides reports to more senior professionals and management for review. Contributes to the development of protocols for accurate and effective interpretation of financial and statistical data to provide relative performance and risk comparisons against benchmarks and peer groups. Ensures proper controls on the quality and integrity of reports produced for senior management and ALM committee processes. Cultivates relationships with peers in the businesses, Risk Management, Finance and Corporate Treasury to ensure efficient collection of data/model inputs. Provides advice on specific business decisions that will affect liquidity, capital, or interest rate risk. Often represents the Bank in interactions with applicable regulators. 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. Advocates and influences senior leaders to adopt recommendations/point-of-view. Conducts special projects and ad-hoc analyses/reporting as requested. Often serves as a project lead, engaging peers across the Bank and providing task oversight. Provides informal supervision to less experienced ALM team members. No direct reports. Provides leadership to less experienced team members, guiding and coaching them on their work accuracy and quality. Provides significant project leadership in areas of critical importance, including informal performance management of assigned project teams. Contributes to the technical direction of discipline. Contributes to the achievement of functional objectives. Advice has direct impact on the risk or financial position of the entity(ies) supported. Modified based upon local regulations/requirements. 


Bachelor s degree or the equivalent combination of education and experience is required. Degree in math, engineering, statistics, computational finance or economics preferred. MBA or CFA preferred. 12-15 years of total work experience preferred. 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.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

Primary Location: United States-New York-New York
Internal Jobcode: 85270
Job: Finance/Accounting
Organization: Corporate Treasury-HR06004
Requisition Number: 1810978