Principal Treasury Consultant (Remote)

Overview This is a remote role that may only be hired in the following location: New Jersey Open to remote candidates in several markets within the Eastern Time Zone for highly qualified candidates. A 1st Line Principal Treasury Consultant leads the proactive identification, measurement, and management of interest rate risk, contributing to the subject matter expertise within Treasury. Work within established frameworks, monitor NII/EVE metrics, and ensure regulatory compliance through robust modeling and controls, partnering with 2nd line risk and Finance to manage ALCO mandates.

Responsibilities Strategy & Frameworks:

Develop and maintain the IRRBB framework, ensuring alignment with overall business strategy, risk appetite, and regulatory expectations.

Modeling & Analysis:

Focus on QRM Production, Ongoing Monitoring, and Development tasks to drive analytical validation of IRRBB model. Work with strategic modeling team on model development and impact testing

Risk Reporting & Mitigation:

Produce and Monitor Net Interest Income (NII) and Economic Value of Equity (EVE) metrics

Governance & Controls:

Strengthen 1st line controls, documentation, and reporting to meet internal and external audit requirements.

Leadership & Collaboration:

Contribute to a technical team, partnering with Treasury, 2nd Line Risk, and Business Lines to manage risks associated with banking book activities. Qualifications Bachelor's Degree and 10 years of experience in Treasury, Interest Rate Risk modeling OR High School Diploma or GED and 14 years of experience in Treasury, Interest Rate Risk modeling

Preferred:

Experience:

10+ years in IRRBB, Treasury, or ALM functions, with a proven track record in risk modeling

Technical Skills:

Proficiency in

QRM, SQL, and Python Education:

Bachelor's or Master's in Finance, Economics, Mathematics, or a related field; CFA or FRM designations are highly preferred

Effective Challenging:

Ability to challenge and validate assumptions constructively

Communication:

Excellent executive-level communication skills

Strategic Thinking:

Ability to map business strategy to interest rate risk exposures The base pay for this position is generally between $164,280 and $225,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits. #LI-CO1

Qualifications:

Bachelor's Degree and 10 years of experience in Treasury, Interest Rate Risk modeling OR High School Diploma or GED and 14 years of experience in Treasury, Interest Rate Risk modeling

Preferred:

Experience:

10+ years in IRRBB, Treasury, or ALM functions, with a proven track record in risk modeling

Technical Skills:

Proficiency in

QRM, SQL, and Python Education:

Bachelor s or Master s in Finance, Economics, Mathematics, or a related field; CFA or FRM designations are highly preferred

Effective Challenging:

Ability to challenge and validate assumptions constructively

Communication:

Excellent executive-level communication skills

Strategic Thinking:

Ability to map business strategy to interest rate risk exposures The base pay for this position is generally between $164,280 and $225,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits. #LI-CO1