Analyst

About the Role

Within Corporate Treasury, Resource Deployment and Strategy (“RDS”) is a unique opportunity to manage the firm’s balance sheet from both an asset and liability perspective and directly contribute to executing the firm’s strategy. Working closely with the Global Treasurer and other members of senior management, RDS is responsible for the design and execution of the firm’s funding strategy as well as the primary point of contact for all business lines through Treasury’s global “business coverage” model. The team is also responsible for managing and executing the firm’s debt and preferred equity program, managing the firm’s deposit sweep portfolio, and partnering with senior divisional resource managers to efficiently deploy the firm’s balance sheet in support of the firm’s strategic objectives. The team seeks to optimize the firm’s funding mix to minimize cost in a risk-conscious manner, and is a key participant in decision making regarding the allocation of firm liquidity. RDS’ approach to asset-liability management is both holistic and practical; individuals who excel in this role are equally adept at detailed trade-level recommendations and strategic thinking, and are expected to develop deep knowledge of the funding products raised within Treasury, as well as the underlying business and client activity supported by that funding.

Key Responsibilities

• Contribute to decisions regarding liability management and serve as Treasury’s main point of contact with businesses that consume or generate funding.
• Partner with key stakeholders in Global Banking and Markets, Asset and Wealth Management, and Platform Solutions to deploy the firm’s balance sheet, facilitate new product launches, and make resource allocation decisions.
• Develop reporting for, and present analyses of, firmwide and subsidiary-level funding plans, for use by internal and external stakeholders, including firmwide senior management, regulators, and investors.
• Engage with external stakeholders including regulatory agencies, ratings agencies, and funding counterparties.
• Develop and iteratively optimize the firm’s funding liability strategy, considering cost, channel diversification, maturity concentration, and impact to key liquidity and capital metrics.
• Develop analytical frameworks and conduct scenario analysis to help inform marginal liability management and resource allocation decisions based on liquidity availability, marginal costs, return profile, and franchise benefits.

Requirements & Tech Stack

• Analytical skills: Demonstrated ability to perform detail-oriented analyses and present high-level conclusions to senior management.
• Risk management mindset: Ability to identify risks, design mitigating controls, and exercise sound judgment in dynamic conditions.
• Self-starter: Highly-motivated, detail-oriented self-starter comfortable operating in a fast-paced environment and balancing multiple priorities.
• Data Management: Experience managing and interpreting large amounts of data, and analyzing the output to identify trends and present solutions through business intelligence tools such as Tableau.
• Financial Acumen: Functional understanding of financial institution liquidity metrics, Bank balance sheet.
• Market Knowledge (plus): Knowledge of deposits, fixed income, repo, and/or Equities markets.
• Communication Skills: Strong written and oral communication skills with the ability to produce polished presentation materials for senior executives.
• Teamwork: Strong teamwork and interpersonal skills.