Liquidity Risk Senior Analyst

Location: Charlotte, NC

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

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 following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

The Liquidity Risk Analyst II role within the Liquidity Risk Management Team is responsible for the calculating, reporting, and monitoring of key liquidity metrics while assisting with the execution of liquidity risk governance, risk identification, and strategy of Truist.

Primary responsibilities include:

• Lead the end-to-end execution of the daily liquidity metric calculation for Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), and (daily) liquidity risk limits. This includes full understanding of the metrics and the systems/ processes used to calculate each.
• Lead the daily reporting of the overall Contingency Funding Plan (CFP) status via the Early Warning Indicator Dashboard (EWIs). This accompanies the daily calculation of the Early Warning Indicator Dashboard.
• The CFP status provides the ability to gauge potential liquidity stress events for Truist or broader financial markets, as well as any mitigating factors that offset the severity of certain events.Lead the daily forecast for the month-end estimate of the Liquid Asset Buffer (LAB) and LAB Coverage Ratios.Lead the end to end execution of the calculation of monthly liquidity risk limits. This includes full understanding of the metrics and the systems/ processes used to calculate each.
• Accompanying this is reporting risk limits to the Market Risk Liquidity and Capital Committee (MRLCC) meetings, MRLCC subcommittees meetings, Board of Director and Board Risk Committee meetings, and/or Executive Leadership meetings.
• Ownership of governance for the key responsibilities assigned, including execution of controls and the management of related policies/ methodologies/and procedures.
• Work with Investment Securities Portfolio team to complete HQLA monetization testing.
• 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). This includes assisting in the remediation of any identified issues.
• 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.Assist with the monthly Parent Company Cash Coverage analysis.
• Assist with the compilation of liquidity risk management materials Market Risk Liquidity and Capital Committee (MRLCC) meetings, MRLCC subcommittees meetings, Board of Director and Board Risk Committee meetings, and/or Executive Leadership meetings.
• Assist with periodic Regulatory exams, including the Federal Reserve Board Horizontal Liquidity Review (HLR) and the FDIC Corporate Treasury Target Exam.
• 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).
• Assist with the creation and delivery of effective and concise presentations to executive management covering complex and detailed analysis on various liquidity risk related topics and/or strategies.
• Assist with the development and execution of strategy surrounding the management of liquidity risk at Truist Financial Corp and its subsidiaries (including Truist Bank) Qualifications.

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• BS/BA degree or higher in finance, accounting, business administration, or economics, or equivalent education and related training or experience.
• 5+ years of financial services experience2+ years in an analyst or reporting role within finance or accounting.
• Solid understanding of the key tenets of Liquidity Risk Management (RegYY, RegWW, relevant SR Letters).
• Effective presentation and communication skills.
• Ability to work effectively, as well as independently, in a team environment.
• Solid familiarity with Balance Sheet Management.
• Strong masterly of Microsoft Office suite including Word, PowerPoint, Excel, and Visio.

Preferred Qualifications:

• A Masters of Business Administration (MBA) or Chartered Financial Analyst (CFA) Designation.
• Prior experience in Risk Management role.
• Prior experience in a leadership roleGeneral ledger experience.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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