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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 ALM Senior Associate supports the bank's Asset Liability Management (ALM) group by analyzing, monitoring, and reporting interest rate risk exposures. This role involves using financial models and risk management systems to assess the impact of rate movement on the bank's earnings and capital. ALM group, which is a part of the Corporate Treasury function, is responsible for balance sheet and NII forecasting and providing senior management with accurate and timely forecast analysis. The analysis carried out by this team provides a framework for Truist to position its balance sheet in accordance with its risk appetite and expectations for changes in market dynamics.

ESSENTIAL DUTIES AND RESPONSIBILITIES

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.

+ Analyze and monitor interest rate risk exposure across the bank’s balance sheet, focusing on net interest income (NII) and economic value of equity (EVE)

+ Support the development and execution of interest rate scenarios and assumption sensitivity tests to evaluate potential impacts

+ Prepare and present regular and ad-hoc analysis to senior management and relevant committees

+ Build, maintain, and enhance Excel-based tools used for risk analysis, scenario testing, and reporting

+ Enhance existing ALM and risk reporting processes to improve automation, accuracy, and usability

+ Develop and maintain data quality and model integrity for risk systems and reporting tools

+ Ensure all documentation is updated and in compliance with company policies

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.

+ 7+ years of experience in banking or a related field

+ 5+ years in Asset Liability Management (ALM)

+ Ability to interact at all levels of management.

+ Excellent analytical skills and knowledge of bank's balance sheet.

+ Demonstrated proficiency in basic computer applications, such as Microsoft Office.

Preferred Qualifications:

+ A Masters of Business Administration (MBA), Chartered Financial Analyst (CFA), or Certified Public Accountant (CPA) Designation

+ QRM experience

+ General ledger experience

+ VB (Visual Basic) experience

+ Ability to work effectively, as well as independently, in a team environment

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

+ Knowledge and understanding of asset liability or liquidity management software, especially QRM

+ Strong analytical skills with high attention to detail and accuracy

+ Hyperion Essbase experience

+ Ability to successfully operate in a complex and matrixed environment

**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 (https://benefits.truist.com/)

. 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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