Associate, Treasury and ALM II

Associate, Treasury & ALM II

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 Associate, Treasury & ALM II 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:

• Key contributor to the Interest Rate Risk team's reporting of the Corporation's Net Interest Income (NII) monthly forecast process delivering results and attribution, and responsible for generating interest rate scenarios from which NII and Economic Value of Equity (EVE) are calculated
• 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.
• Escalates work to more senior team members for quality review.
• Develops and produces interest rate risk reports and briefings for senior management and governance forums such as Asset Liability Committee (ALCO), highlighting operational activities/outcomes, identifying risks and recommending proposed solutions
• Ensures recommendations align to the corporate Treasury strategies
• Assist in strategic risk assessments and analysis for senior management
• Maintains documentation and performs controls related to production activities including completing risk assessments and internal tracking and resolution of process improvements and control issues
• Partner with Treasury subject matter experts to ensure efficiency and appropriate execution of Corporate Treasury strategies
• Make and defend key trade-offs between model accuracy and complexity, in line with team's overall strategic objectives
• Manages the collection, validation and analyses of financial data underpinning the Bank's interest rate risk framework

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. Progress towards an MBA, FSA, FRM, CFA, or CPA/CA preferred
• General understanding of accounting functions and terminology, as well as fixed income metrics.
• 0-3 years of total work experience preferred. Experience in Corporate Treasury / Finance Management & Analysis / Planning & Analysis / CFO team in a financial services firm preferred.
• Knowledge of balance sheet and financial instruments, finance / management reporting systems, and Net Interest Income
• Working knowledge of Excel, Power Point and Word. Power BI a plus
• Experience with interest rate risk management, and/or asset-liability management within large complex financial organizations preferred
• Strong presentation skills and executive presence, as this role will be interacting with senior management.
• Strong organizational skills and proactive nature (expected to drive creative solutioning without significant guidance)

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

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 $64,500 and$100,000peryearat 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 (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."