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Treasury Manager, ALM Modeling
Treasury Manager, ALM Modeling-February 2024
Riverwoods
Feb 11, 2026
ABOUT DISCOVER
Make a difference working in a culture that thrives on customer-focused innovation.
10,000+ employees
Financial Services
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About Treasury Manager, ALM Modeling

  Discover. A brighter future.

  With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.

  Come build your future, while being the reason millions of people find a brighter financial future with Discover.

  Job Description:

  Responsible for managing the company's financial resources for Asset Liability Measurement, Funds transfer pricing, Funding Analytics, Interest Rate Risk Management, Capital Planning, Liquidity Analysis and Balance sheet Analysis. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

  Responsibilities

  Supports modeling changes required for effectively managing the company's financial resources for asset liability measurement, funding analytics, interest rate risk management, net interest margin analytics, funds transfer pricing balance sheet analytics capital planning, and liquidity analysisPlays a key role in leading system upgrades or new implementations of ALM systemsActively manages and escalates risk and customer-impacting issues within the day-to-day role to management and is able to provide timely support to business partnersAssesses and effectively communicates Treasury risks; ensures all regulatory analytics and data assumptions are accurate, follows the necessary checks and controls, are provides in a timely manner to senior management for effective risk managementCo-creates existing frameworks, models, and processes with regard to asset liability measurement, interest rate risk management, net interest margin analysis, funding analytics, funds transfer pricing, balance sheet analytics, liquidity analysis and capital planningMaintains, builds, simplifies, automates or enhances the reporting and analytics capabilitiesDevelops or contributes with analytics for key strategic communications to key internal and external stakeholders; provide guidance for business partners on Treasury risks and metrics for enhanced business decisionsAssist with, and makes modeling adjustments to the system to meet ongoing regulatory and strategic requirements designed to mitigate risk through the economic cycle; monitors regulatory and market developments related to area of expertise; develops or updates Treasury related policies and procedures

  Minimum Qualifications

  At a minimum, here's what we need from you:

  Bachelor's Degree in Economics, Finance, Business, or related field6+ years of experience in Financial Analysis and/or Banking/Financial Services or related field

  Preferred Qualifications

  If we had our say, we'd also look for:

  Master's Degree in Business, Finance, Human Resources or related fieldPrior experience in Treasury, Finance, or Risk Management would be helpful, particularly in the areas of asset/liability management, liquidity management, or funds transfer pricingPrior experience with ALM systems such as QRM, Bancware, or EmpyreanIntermediary SQL experience1+ years of experience in ALM modeling1+ years of experience in Treasury

  #LI-EB1

  Application Deadline:

  The application window for this position is anticipated to close on Dec-25-2023. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.

  Compensation:

  The base pay for this position generally ranges between $88,500.00 to $149,300.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.

  Benefits:

  We also offer a range of benefits and programs based on eligibility. These benefits include:

  Paid Parental LeavePaid Time Off401(k) PlanMedical, Dental, Vision, & Health Savings AccountSTD, Life, LTD and AD&DRecognition ProgramEducation AssistanceCommuter BenefitsFamily Support ProgramsEmployee Stock Purchase Plan

  Learn more at MyDiscoverBenefits.com.

  What are you waiting for? Apply today!

  All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

  Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights)

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