Group Manager, Interest Rate Risk

The Bank Of New York Mellon Pittsburgh , PA 15201

Posted 3 weeks ago

Job Description:

  • Manages a team within Treasury responsible for key aspects of interest rate risk management. Recruits, directs, motivates and develops a team of 5-7 employees.

  • Develops and produces interest rate risk reports and briefings for senior management and governance forums such as Asset Liability Committee (ALCO), highlighting operational activities/outcomes, identifying risks and recommending proposed solutions.

  • Manages the collection, validation and analyses of financial data underpinning the Bank's interest rate risk framework.

  • Maintains documentation and controls related to all production activities.

Job Requirements

  • Bachelor's degree or the equivalent combination of education and experience is required. Degree in math, engineering, statistics, computational finance or economics preferred. MBA, CFA, or CPA/CA preferred.

  • 3+ years of QRM experience with broad exposure to QRM including development/implementation and using QRM to deliver production reports to senior management and ALCO.

  • 10-12 years of total work experience, with 1-3 years of experience managing a QRM production team.

  • Extensive experience with interest rate risk management, and/or asset-liability management within large complex financial organizations

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

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Group Manager, Interest Rate Risk

The Bank Of New York Mellon