Interest Rate Hedging Analyst
About The Position
As an Interest Rate Hedging Analyst, you will help launch a new position to support the growth of the bank’s Interest Rate Hedging Group. This group is focused on hedging interest rate risk for borrowing clients of the bank. You’ll be responsible for a broad range of activities including portfolio management, administration, execution support, reporting, and analysis. In this role, you will be responsible for improving the group’s overall efficiency and expanding capacity for more sales activity. An ideal candidate will have experience with interest rate hedging or adjacent experience and seek advancement in a hedging advisor role. This position will manage a variety of activities with visibility across all aspects of the business. Function as the point person for all client- and internal-related matters regarding the growing interest rate derivatives portfolio. Support the activities of the front office, including analytical, operational and system processing activities. Ensure the proper production of monthly and quarterly reporting, including ad-hoc reporting when necessary. Work with team members to draft and amend procedure documentation for critical functions. Work with Loan Operations, ACH Operations, Corporate Treasury, Accounting, Risk and other teams to resolve open matters. Support the build-out of the trade execution functions.
Requirements
- 2+ years of related experience in Treasury or Middle Office or similar field.
- Bachelor's degree in related field required.
- Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
- Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Entry level to intermediate experience in a Foreign Exchange (FX), Trade Finance (L/Cs) or Interest Rate Derivative (IRD) environment as a Trader or a Back Office Specialist.
- Intermediate speaking and writing communication skills.
Nice To Haves
- Other general banking experience would prove beneficial.
Responsibilities
- Function as the point person for all client- and internal-related matters regarding the growing interest rate derivatives portfolio.
- Support the activities of the front office, including analytical, operational and system processing activities.
- Ensure the proper production of monthly and quarterly reporting, including ad-hoc reporting when necessary.
- Work with team members to draft and amend procedure documentation for critical functions.
- Work with Loan Operations, ACH Operations, Corporate Treasury, Accounting, Risk and other teams to resolve open matters.
- Support the build-out of the trade execution functions.
Benefits
- competitive salaries
- an ownership stake in the company
- medical and dental insurance
- time off
- a great 401k matching program
- tuition assistance program
- an employee volunteer program
- a wellness program
- opportunity to bolster business knowledge
- learning the ins and outs of how successful companies operate and manage their finances
- invaluable hands-on experience to help grow your career
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
