Analyst - Asset/Liability

ANALYST - ASSET/LIABILITY WHAT IS THE OPPORTUNITY? The Asset Liability Analyst is responsible for providing NII projections for the Comprehensive Capital Analysis and Review (CCAR), Bank only capital stress test, enterprise-wide capital stress test, five-year strategic forecast, monthly reforecasts and annual budgets

Responsibilities also include development and maintaining modeling assumptions, model documentations and other governing documents, liaisons with the second and third line of defense in relationship to NII forecast in dynamic simulation

The analysis shared responsibilities with the team for Funds Transfer Pricing data quality reviews and standard QRM model

What you will do With a high level of independence, produce NII forecasts in QRM model for CCAR, monthly reforecasts, annual budgets, and other dynamic modeling scenarios

Summarize the results of reforecasts, perform variance analysis, provide accurate and concise information to senior management for decision making

Develop, support, maintain, and document model methodologies and procedures for all QRM dynamic models

Liaise with 2nd and 3rd LOD for questions related to model governance for all QRM dynamic models

Supports Treasury team during regulatory reviews and ongoing regulatory monitoring for matters related to CCAR, capital stress tests, and other dynamic modeling

Communicate independently with other Finance teams and various teams across the Bank and RBC for capital stress tests and reforecast processes

Coordinate calendar for Treasury deliverables with other teams

Support monthly operational process of FTP determination

Support Treasury reporting related to ALCO

Serve as a back-up person for monthly Treasury reporting

Conduct various research and analysis as required to support Treasury operations, as related to interest rate risk and balance sheet management, budget and forecast

Must-Have* Bachelor's Degree or equivalent Minimum 3 years of financial analysis experience Minimum 2 years advanced Microsoft Excel experience Skills and Knowledge Understanding of Treasury operations, Interest Rate Risk management, ALM practice, and FTP is desired

MBA or advanced degree in a related field preferred Excellent interpersonal, verbal and written communication skills to effectively communicate with all levels of bank colleagues and clients

Ability to organize analyzed data into simple, complete and concise presentation formats

Envision the global issue, separate symptoms from causes, research thoroughly; weigh cost/benefits and derive sound conclusions

Excellent project management skills including the ability to prioritize tasks and handle multiple projects at the same time while working under tight deadlines

Ability to resolve routine questions and problems and refers more complex issues to higher levels

Ability to develop/improve processes for data management and various analysis

Ability to follow standards and procedures to accomplish assigned tasks

MS Office (Outlook, Word, Excel, PowerPoint and Access)

Experience with financial planning and budgeting is desired

Experience with ALM models is desired: QRM, Bancware, etc

Experience with CCAR and capital stress test is desired

Experience with data management tools such as Alteryx and Snowflake is desired

Compensation Starting base salary: $87,027 - $138,965 per year

Exact compensation may vary based on skills, experience, and location

This job is eligible for bonus and/or commissions

*To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification

It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job

Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues

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INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank is an equal opportunity employer committed to diversity and inclusion

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.' ABOUT CITY NATIONAL We start with a basic premise: Business is personal

Since day one we've always gone further than the competition to help our clients, colleagues and community flourish

City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today

City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.