Asset Liability Management Associate

Position Overview

Support the measurement, analysis, and reporting of the bank's interest rate risk exposure. Partner with Treasury and Risk teams to evaluate balance sheet performance, analyze rate sensitivity, and provide insights that support risk management and strategic decision‑making.

• Measure and monitor interest rate risk exposures using net interest income (NII) and economic value of equity (EVE) metrics.
• Analyze balance sheet behavior, including loan, deposit, and investment portfolio dynamics under various rate scenarios.
• Assist in evaluating hedging strategies and other interest rate risk mitigation actions.
• Prepare recurring and ad hoc reports for ALCO, senior management, and risk committees.
• Drive process improvements, reporting automation, and enhancements to ALM systems and methodologies.
• Support the development and maintenance of ALM models, assumptions, and documentation.

• 5+ years of experience in finance, accounting, analytics and reporting, or a BS/BA in Finance, Accounting, Statistics, Economics, or Business.
• 3+ years in Asset Liability Management (ALM) at a bank or large financial institution.
• Ability to work effectively, both independently and as part of a team.
• Excellent analytical skills and knowledge of a bank's balance sheet.
• Proficiency with basic computer applications, such as Microsoft Office.

• MBA, CFA, or CPA designation.
• Knowledge of asset liability or liquidity management software, especially QRM.
• Experience with financial statements, projections, and financial modeling.
• General ledger experience.
• Experience with VB (Visual Basic) and SQL.
• Advanced Microsoft Office skills (Word, Excel, Outlook, PowerPoint).

Eligible employees (regular teammates working 20+ hours per week) receive medical, dental, vision, life insurance, disability, accidental death and dismemberment coverage, tax‑preferred savings accounts, and a 401(k) plan. All regular teammates receive at least 10 days of vacation and 10 sick days (both prorated) during the first year of employment, along with paid holidays. Additional benefits may include a defined benefit pension, restricted stock units, or a deferred compensation plan, depending on division and position.

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 any other classification protected by law. Truist is a Drug‑Free Workplace.

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