Liquidity Risk Senior Analyst

The position is described below.

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…