Asset & Liability Sr. Analyst

Description

The Senior Treasury Asset and Liability Management (ALM) Analyst performs a critical role in supporting the bank’s balance sheet risk management framework, with responsibility for measuring, analyzing, and communicating risk exposures related to interest rates, macroeconomic scenarios, and forecast assumptions. The Senior Analyst partners with Treasury, Finance, Risk, and business line stakeholders to develop, challenge, and refine forward-looking balance sheet forecasts under both baseline and stress scenarios.

This role is central to helping senior leaders make informed decisions across interest rate risk management, scenario planning, financial forecasting, and balance sheet strategy.

As the Senior Treasury ALM Analyst, you will have the opportunity to deepen your expertise in ALM, forecasting, and interest rate risk management while gaining direct exposure to senior Treasury and Risk leadership. You will take ownership of forecasting and analytics for assigned portions of the CFG balance sheet and contribute to process enhancements, assumption governance, and management reporting.

Primary responsibilities include

• Own the development, maintenance, and documentation of forecasting assumptions for assigned balance sheet portfolios in partnership with Treasury, Finance, Risk, and business line stakeholders.
• Serve as a subject matter expert for assigned portfolios, including product behavior, forecast drivers, assumptions, risk sensitivities, and key metric impacts.
• Apply financial mathematics, banking product knowledge, and ALM system capabilities to develop analytically sound, transparent, and well-controlled forecasting approaches.
• Analyze portfolio impacts on balance sheet, earnings, and interest rate risk metrics, including attribution of changes across volume, mix, rate, yield curve, and assumption drivers.
• Lead sensitivity analysis, back-testing, and performance monitoring to evaluate forecast accuracy and identify drivers of model, assumption, or metric changes.
• Identify and implement opportunities to improve portfolio assumptions, process efficiency, reporting transparency, controls, and governance.
• Develop and enhance reporting tools, dashboards, and management materials that clearly communicate risk drivers, scenario results, and analytical insights to senior stakeholders.
• Conduct complex ad hoc analyses to support executive decision-making related to balance sheet modeling, scenario analysis, forecasting, and interest rate risk management.

Qualifications, Education, Certifications and/or Other Professional Credentials

• Required Qualifications

  • Bachelor’s degree in Finance, Economics, Business, Mathematics, Statistics, Computer Science, Engineering, or a related quantitative field.

  • 3+ years of experience in Treasury, Finance, Risk Management, Banking, Capital Markets, Data Analytics, or a related analytical function.

  • Strong analytical and quantitative skills, with the ability to interpret financial results, identify key drivers, and explain changes in metrics clearly.

  • Demonstrated ability to independently manage recurring analytical deliverables, coordinate across stakeholders, and meet deadlines in a dynamic environment.

  • Strong written and verbal communication skills, including the ability to summarize analytical findings, explain key drivers, and tailor messages for technical and non-technical audiences.

  • Demonstrated ability to learn and apply new systems, tools, and data environments, with a focus on improving analytical quality, efficiency, and repeatability.

  • Strong attention to detail, ownership of deliverables, intellectual curiosity, and sound problem-solving skills.

  • Experience with QRM, Empyrean, BancWare, or similar ALM, forecasting, or risk management systems. 
• Preferred Qualifications
  • Experience with asset and liability management, interest rate risk, balance sheet forecasting, liquidity, funds transfer pricing, capital planning, or stress testing.
  • Familiarity with bank balance sheet products, including loans, deposits, securities, derivatives, and wholesale funding.
  • Experience developing, documenting, or challenging forecasting assumptions, scenario analysis, sensitivity analysis, or back-testing frameworks.
  • Advanced Excel skills, including formulas, pivot tables, scenario analysis, data validation, and VBA or Power Query.
  • SQL or other data querying experience, with the ability to work with large datasets and reconcile analytical outputs.
  • Experience with reporting, dashboarding, or data visualization tools such as Power BI, Tableau, or similar platforms.
  • Familiarity with assumption documentation, process controls, model governance, regulatory reporting, or audit/exam-ready analytical environments.

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: M-F Hybrid - 4 days in the office, 1 remote.

Location: Boston 28 State Street or Johnston RI.

Pay Transparency

‌The salary range for this position is $109,000-$141,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to, the budget, work location, and relevant skills and experience. We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits .

This role is not eligible for new employer‑sponsored or current H-1 B visa holders. Applicants, including current OPT, L and other visa holders, must be authorized to work in the U.S. without the need for new employer sponsorship for themselves or their spouses now and in the future.

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.