Capital Markets Associate

Raymond James • Pittsburgh, PA

5d

About The Position

The Capital Markets Associate will support the Capital Markets Team in the day-to-day management of the bank’s Capital Markets activities. This includes support of the Bank’s Asset / Liability Management Committee (“ALCO”), securities portfolio, treasury activity, derivatives portfolio, and deposit portfolio.

Requirements

• Bachelor’s Degree in Economics or Finance
• 1-2 years of experience in Finance or related field
• Highly professional interpersonal and communication skills
• Working knowledge of the Capital Markets
• Ability to work effectively in a fast paced, dynamic environment
• Organized with strong attention to detail, critical-thinking, and analytical skills
• Proficient in MS Office

Responsibilities

• Work with the Capital Markets LOB Risk Manager and SVP – Financial Analyst in using the Bank’s asset/liability management and interest rate risk modeling software to produce an annual budget, periodic Interest Rate Risk analyses, as needed scenario analyses, periodic capital stress testing exercises, and periodic reforecasting.
• Structures, markets, and executes all interest rate swap transactions (including documentation).
• Provides interest rate derivative quotes, swap exposure calculations, and marketing materials to the Bank’s Relationship Managers, Market Presidents, and Capital Markets team.
• Assist in the weekly production of ALCO meeting materials.
• Produce materials used in the at-inception underwriting and ongoing quarterly review of securities portfolio and correspondent Bank credit positions.
• Assist in the management of and support for the Bank’s Historic Tax Credit, LIHTC, Solar Tax Credit, and SBIC investments.
• Work with Capital Markets LOB Risk Manager, SVP – Financial Analyst, and Financial Analyst to respond to any ALCO, liquidity, and derivative related information requests from auditors and examiners.
• Assist in the production and reporting on top deposit concentrations, high-rate deposits, and deposit portfolio in general.
• Generally assist the Capital Markets LOB Risk Manager and the Financial Analyst where necessary on any Capital Markets-related matters.
• Support the Capital Markets LOB Risk Manager on all items related to policy updates and adherence as well as similar support for Model Risk Management activity.
• Gain familiarity and establish expertise using a Bloomberg terminal and S&P Global database.

Benefits

• medical
• dental
• vision
• life insurance
• critical illness insurance
• accident insurance
• disability benefits
• retirement savings
• paid time off (including vacation, holidays, and sick leave)
• parental leave

What This Job Offers

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