The ALM Team is responsible for producing monthly interest rate risk and quarterly capital stress testing analytics, and providing senior management, as well as the Board, key insights into the banks risk position to a range of economic and interest rate risk scenarios. These analytics support the bank's hedging of interest rate risk and decisioning around target capital operating levels.

As the Asset & Liability Sr. Analyst, you will be given the opportunity to develop your Treasury experience and take responsibility for the end-to-end forecasting process of a sub-set of the CFG balance sheet across multiple economic and interest rate scenarios. The successful candidate will be given the opportunity to develop a deep understanding of behavioral modeling, balance sheet forecasting, financial reporting, and interest rate risk management.

Primary responsibilities include

• Work cross-functionally to generate forecasting assumptions for assigned portfolio(s)
• Be the 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
• Perform attribution analysis of portfolio 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, Education, Certifications and/or Other Professional Credentials

• Required Qualifications
  • Education: Bachelors degree with preference for business, finance, computer science, math, or statistical majors
  • An interest in learning new software packages 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.
  • Pride in quality of work
  • General knowledge of bank financials and market dynamics
• Preferred Qualifications
  • Moderate to advanced Excel skills
  • Moderate to advanced SQL skills
  • Exposure to Oracle/Essbase
  • Exposure to cash flow engines such as QRM, Empyrean, Bancware, etc.

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: M-F Hybrid - 4 days in the office, 1 remote.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

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Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.