Senior Group Manager, Treasury and ALM

Employer
BNY Mellon
Location
New York, USA
Salary
Competitive
Posted
Dec 17, 2021
Closes
Jan 16, 2022
Ref
13032591
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Manages a team of professional staff and managers responsible for asset/liability management, liquidity funding, capital management, ALM committee support, interest rate risk management and measurement for a strategically significant business unit/legal entity. Contributes to the development of the operational framework for assigned area and recommends approaches to achieve desired goals while balancing risk and ensuring regulatory compliance. May have regional responsibility and/or lead a discrete specialty within Treasury (e.g. Intraday Liquidity, Currency Risk, etc.)Sets and oversees the operating procedures for the collection, validation and analyses of financial data underpinning the Bank's asset-liability model(s), liquidity funding model(s), capital management framework and/or currency and interest rate risks for assigned area. Through interaction with business leaders, monitors risks inherent in new or changing Bank products, recommends and implements adjustments to technical processes as needed.Monitors industry and/or regional regulatory developments and applies best practices in order to establish policies and procedures that support the ALM, liquidity, capital management, interest rate risk and/or currency risk strategies for the assigned entity(ies) and balance regulatory requirements. Establishes regional policies and procedures related to all technical activities such as documentation requirements, underlying assumptions, data limitations, etc.Develops reports and briefings for senior management, highlighting operational activities/outcomes, identifying risks and recommending proposed solutions. Ensures recommendations align to the corporate Treasury strategies and the strategies of the assigned entity(ies). Uses industry experience and insights to effectively influence decision making of senior management team. Identifies and leads the mitigation of potential risks to the integrity of the applicable framework. Builds and cultivates relationships with internal peers in Treasury and Finance and externally with rating agencies, regulators, investors and domestic and international financial institutions. Leverages relationships to remove roadblocks or improve efficiencies.Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team. Provides feedback at the most critical times.Manages a regional team of professional staff.Responsible for a regional team's achievement of regional objectives. 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, CFA, or CPA/CA preferred.12-15 years of total work experience, with 3-5 years of management experience, preferred. Experience with liquidity stress testing, liquidity risk management, interest rate risk 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. 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.

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