Liquidity Risk Management Consultant

tion Summary
The Corporate Liquidity Risk Management team is responsible for managing the liquidity risk of Truist Financial Corp (TFC) and its subsidiaries (e.g. Truist Bank, Truist Securities) by maintaining compliance with Truist’s liquidity risk appetite. Furthermore, the Liquidity Risk Management team works closely with business partners from Capital Management, the Investment Securities Portfolio, Corporate Funding, and Asset-Liability Management (ALM) to develop and execute strategies supporting the treasury function in meeting its objectives with consideration given to key liquidity metrics.
The Liquidity Risk Management Consultant supports the Liquidity Risk Management team by assisting with critical functions including calculating and monitoring key metrics (e.g. LCR, NSFR, Limit’s), governance of processes, assisting with the development and execution of strategy, and management reporting to Market Risk Liquidity and Capital Committee (MRLCC) meetings, MRLCC subcommittees meetings, Board of Director and Board Risk Committee meetings, and/or Executive Leadership meetings.

Manage liquidity risk at Truist Financial Corp. and subsidiaries including Truist Bank.
Support the calculation and monitoring of the Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), Liquid Asset. Buffer, Liquidity Risk Limits, Early Warning Indicators (EWI), Parent Company Stress Cash Coverage, and other similar liquidity metrics.
Assist with the monthly Internal Liquidity Stress Testing process as required by Regulation YY, including governance relating to assumption analysis, ad hoc scenario design, and related management reporting.
Support the governance and analysis for TFC’s daily Short-term Cash Flow projections.
Assist with the development of the Corporate Funding plan that achieves TFC’s funding objectives, capital targets, compliance with regulatory and internal liquidity metrics, safeguards parent company stress coverage, and supports rating targets (e.g. Moody’s, S&P, Fitch).
Prepare for potential funding stress through the development of a Contingency Funding Plan, Early Warning Indicators; and coordinate the Liquidity Crisis Management Team in the event of a stress event.
Prepare reporting for Market Risk Liquidity and Capital Committee (MRLCC) meetings, MRLCC subcommittees meetings, Board of Director and Board Risk Committee meetings, or Executive Leadership meetings.
Create and deliver effective and concise presentations to executive management covering complex and detailed analysis on various liquidity risk related topics and/or strategies.
Develop and execute strategies that assist the treasury function in meeting its objectives, while considering key liquidity metrics and Truist’s risk appetite.
Effectively identify and implement restructuring and optimization objectives.
Work with internal and external partners identifying and monitoring risk, including Truist Risk Management Organization (RMO), Finance Business Unit Risk Manager (BURM), and Truist Audit Services (TAS).
Assist with periodic Regulatory exams, including the Federal Reserve Board Horizontal Liquidity Review (HLR) and the FDIC Corporate Treasury Target Exam.

Minimum Requirements:

6+ years of experience in one or a combination of the following: finance, accounting, analytics and reporting; or a BS/BA degree or higher in Finance, Accounting, Statistics, Economics, Business.
4+ years of experience in one or a combination of the following: finance, accounting, analytics or reporting.
Ability to work effectively, as well as independently, in a team environment.
Solid understanding of principles, practices, theories, and/or methodologies associated with a robust liquidity management framework, Treasury function, ALM, and Corporate Funding.
Proficiency in Microsoft Office suite including Word, PowerPoint, Excel, and Visio.
Strong verbal and written communication skills.
Strong ability to create and deliver effective and concise presentations to executive management covering complex and detailed analysis on various topics.

Preferred:

A Masters of Business Administration (MBA) or Chartered Financial Analyst (CFA) Designation.
General ledger experience.
VB (Visual Basic) experience.
Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills.
Knowledge and understanding of asset liability or liquidity management software, especially QRM.
Knowledge and understanding of financial analysis, forecasting and analyzing interest income and balance sheet behavior.
Strong analytical skills with high attention to detail and accuracy.
Experience in financial statements, projections and financial modeling.
Hyperion Essbase experience.
Asset and Liability Management (ALM) experience.

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