Jr Financial Analyst/Structured Products
About The Position
Responsibilities include, but are not limited to: Assist in the execution of all interest rate hedge products including swaps, caps, collars, etc. Assist in trade deals in live market for competitive auctions, requiring timely responses to multiple Wall Street banks to maximize equity in transactions. Execute all pre- and post-trade processes, some of which include trade validation, input of trade details, trade reporting, documentation tracking, etc. Handle transaction management which includes cleared trade affirmation processes, reporting borrower trade to swap data repository, reporting borrower end user exception to central clearing to DTCC, etc. Utilize systems/vendors such as Derivative Path, Chatham Financial, Bloomberg, Excel, etc. Create/prepare and present PowerPoint presentations for assigned initiatives such as training and instruction to internal teams on our products and processes. Compile and analyze information regarding profit and income/expenses to budget as well as historical trends. Provide timely reports summarizing results and analyzing data to evaluate the impact and benefit of bank initiatives and strategies. Provide internal reports to Senior Executives to track opportunities and key program statistics and metrics for items such as ALCO and Valley's Earning's call. Compile, evaluate and analyze historical market data necessary to determine trends within our space. Present information to customers and internal teams. Create and maintain models utilizing quantitative analysis software for forecasts and strategic business decisions. Maintain all CSAs and ISDAs both client and streetside counterparty facing. Prepare for audits with OCC, KPMG and internal audits. Review borrower Eligible Contract Participant (ECP) situations and work with attorneys when necessary.
Requirements
- Knowledge of economic and accounting principles and practices.
- Proficient in Microsoft Excel. Ability to create pivot tables and macros and use lookup and logic functions.
- Excellent verbal and written communication skills.
- Ability to prioritize and organize assignments.
- Ability to handle multiple priorities simultaneously.
- Ability to meet strict deadlines and complete projects effectively with little supervision.
- Bachelor's Degree in Finance, Accounting, Mathematics, Economics or Business from a four-year college or university and one year experience in banking/finance industry or the successful completion of a Valley internship in accounting/finance or related area.
Responsibilities
- Assist in the execution of all interest rate hedge products including swaps, caps, collars, etc.
- Assist in trade deals in live market for competitive auctions, requiring timely responses to multiple Wall Street banks to maximize equity in transactions.
- Execute all pre- and post-trade processes, some of which include trade validation, input of trade details, trade reporting, documentation tracking, etc.
- Handle transaction management which includes cleared trade affirmation processes, reporting borrower trade to swap data repository, reporting borrower end user exception to central clearing to DTCC, etc.
- Utilize systems/vendors such as Derivative Path, Chatham Financial, Bloomberg, Excel, etc.
- Create/prepare and present PowerPoint presentations for assigned initiatives such as training and instruction to internal teams on our products and processes.
- Compile and analyze information regarding profit and income/expenses to budget as well as historical trends.
- Provide timely reports summarizing results and analyzing data to evaluate the impact and benefit of bank initiatives and strategies.
- Provide internal reports to Senior Executives to track opportunities and key program statistics and metrics for items such as ALCO and Valley's Earning's call.
- Compile, evaluate and analyze historical market data necessary to determine trends within our space. Present information to customers and internal teams.
- Create and maintain models utilizing quantitative analysis software for forecasts and strategic business decisions.
- Maintain all CSAs and ISDAs both client and streetside counterparty facing.
- Prepare for audits with OCC, KPMG and internal audits.
- Review borrower Eligible Contract Participant (ECP) situations and work with attorneys when necessary.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
