Associate Analyst, Capital Markets & Analytics

Capital One • McLean, VA

5d • $94,700 - $108,000 • Hybrid

About The Position

The Derivatives Middle Office team, within Capital Markets and Analytics, supports Corporate Treasury and Commercial Banking by providing derivative trade support for products designed to protect against interest rate and foreign exchange exposures. The team maintains trades, monitors lifecycle events, and provides reporting in compliance with Swap Dealer regulations.

The Associate for Derivatives Operations should have financial product or Treasury/Bank Operations knowledge, solid analytical skills, and excellent communication skills. The role also calls for initiative in improving existing processes to support business needs. This is a hybrid position subject to Capital One's hybrid policy for required on-site presence at the designated office location.

Requirements

• Bachelor's degree or military experience.
• At least 1 year of experience in financial services.
• Financial product or Treasury/Bank Operations knowledge.
• Solid analytical skills.
• Excellent communication skills.
• Initiative to improve the efficiency of existing processes.

Nice To Haves

• Bachelor's degree in Business, Finance, or Economics.
• At least 1 year of banking experience within a treasury function, middle office, back office, or a combination.
• At least 1 year of experience using Bloomberg, Excel, SQL, Python, or a combination.
• At least 1 year of experience in Capital Markets Operations.
• Experience with system implementation and user acceptance testing.
• Strong problem-solving skills.

Responsibilities

• Affirm Corporate and Commercial over-the-counter derivative activity, including validating commercial profit and loss.
• Perform hedging activity checks and reconciliations to ensure hedge effectiveness of asset-liability management strategy programs.
• Execute daily reporting and record-retention controls to ensure compliance with Swap Dealer regulations.
• Liaise with counterparties to perform portfolio reconciliation and resolve trade and valuation discrepancies.
• Perform and monitor derivative clearing and settlement.
• Maintain the integrity of market data parameters in the system of record that drive model and trade valuations.
• Identify opportunities for process and financial-modeling efficiencies, cost reduction, and enhanced controls.
• Maintain and enhance daily automation controls coded using SQL and Python.
• Use Business Intelligence tools to create and enhance dashboards that showcase relevant trade metrics.

Benefits

• Comprehensive health, financial, and other benefits supporting total well-being; eligibility varies by employment status and management level.
• Performance-based incentive compensation, which may include cash bonuses and/or long-term incentives.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level