Truist IRR Forecasting Reporting Asst Manager 

United States, North Carolina, Charlotte 

558502878

Regular or Temporary:

English (Required)

1st shift (United States of America)This position utilizes unique cross-disciplinary perspective that brings together financial, risk and regulatory concepts in order to provide relevant information for management decision-making.

Responsibilities may include:

1. Develop monthly financial forecasts that incorporate all internal and external factors that impact net interest income and net interest margin by working closely with the LOB CFOs.

2. Manage the monthly production of the Corporation's asset/liability (A/L) models to measure IRR and EVE sensitivities.

3. Oversee the QRM model including updating chart of accounts, updating modeling assumptions, and ensuring best practices are being utilized.

4. Review and validate ALM results through an effective back-testing process.

5. Identify primary drivers of monthly, quarterly, and annual changes in net interest margin.

6. Provide in-depth analysis and understanding of potential income enhancement or risk mitigation strategies that will be presented to Executive Leadership. Coordinate with Financial Planning, Capital Planning, and Corporate Funding to ensure that the full impact of the strategies to Capital and Liquidity have been identified and properly evaluated.

7. Manage balance sheet forecasting process including providing leadership to Asset Liability Management team, promoting knowledge sharing, demonstrating how programs relate to financials and improving the process through automation and simplification. Also responsible for the management and the preparation of various monthly ALCO reports as needed including investments, funding, derivatives and BOLI.

8. Provide subject matter expertise to the QRM enhancement project and model development activities.

9. Interact with internal and external auditors, external examiners, Model Risk Management, and Market Risk and Liquidity Management in the audit oversight of the forecasting and reporting functions.

10. Provide subject matter expertise as an active member of the Interest Rate Risk and Investment Portfolio Committee (IRRIPC) and various pricing committees and present forecast results at the monthly Strategic ALCO meetings.

Minimum Requirements:

1. Master's degree in Business, or equivalent education and related training

2. 10+ years of experience in banking or related field, 8+ years in asset/liability management (ALM) in a commercial bank

3. 5+ years of management experience that includes substantial supervisory responsibilities.

4. Ability to think strategically

5. Ability to handle several competing priorities concurrently as well as the ability to adhere strictly to deadlines and have a high sense of urgency

6. Ability to interact at all levels of management

7. Exceptional writing skills, verbal communication skills and personal presentation skills

8. Ability to create precise, targeted communication that creates ease of understanding of complex issues

9. A comprehensive understanding of accounting rules and regulations including a strong understanding of purchase accounting

10. Comprehensive knowledge of financial forecasting techniques and financial theory and application

1. Chartered Financial Analyst (CFA), Certified Public Accountant (CPA) or Certified Management Accountant (CMA) Designation

2. Extensive QRM experience

3. Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills

4. Strong analytical skills with high attention to detail and accuracy

5. Model development experience

6. VB (Visual Basic) experience

7. Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills

8. Strong analytical skills with high attention to detail and accuracy

9. Hyperion Essbase experience