Senior Associate – Capital Planning and Treasury

Santander • Boston, MA

1d • Onsite

About The Position

The Senior Associate will be a part of the Capital Planning and Stress Testing team within Treasury. The central function of the team is to ensure the bank remains adequately capitalized under both business-as-usual and stress conditions. This role will support the development and execution of enterprise-wide financial forecasting, stress testing, capital planning, and regulatory reporting processes. This is a high-visibility role with exposure to senior leadership and cross-functional teams across all lines of business.

Requirements

• Bachelor’s or advanced degree in Finance, Economics, Accounting, or a related quantitative field.
• 9+ Years experience in banking, capital planning, financial planning, accounting, or financial analysis
• Deep understanding of bank financial statements and key regulatory capital concepts (e.g., Capital, Capital Planning, RWA methodologies)
• Strong analytical skills with a demonstrated ability to interpret financial data and translate it into actionable insights
• Advanced Excel skills, including the ability to build and understand financial models and use advanced formulas
• Exceptional attention to detail, commitment to accuracy, and organizational skills
• Strong verbal and written communication skills in interacting with internal stakeholders
• Detail oriented with ability to research, organize and analyze financial data.

Nice To Haves

• Familiarity with Vena (Excel-based performance management software), Python and/or SaaS programming, Hyperion, FR Y14-A reporting, and/or working knowledge of Power BI preferred but not required
• CFA - Preferred
• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.
• Experience in Microsoft Office products.

Responsibilities

• Support the end-to-end capital planning process, including scenario design, forecasting of capital and risk-weighted assets (RWAs), and assessing impacts under various economic conditions
• Analyze and interpret bank financial statements to model balance sheet and income statement impacts for capital stress testing
• Collaborate with business units and risk partners to gather inputs and assumptions for stress testing models and other forecasting methodologies
• Develop and maintain thorough model and/or process documentation to support forecasting methodologies, assumptions, and governance requirements
• Ensure accurate and timely data aggregation, transformation, and reporting across capital and RWA components
• Develop, maintain and improve Excel-based models and templates used for capital projections and regulatory reporting
• Support the preparation of materials for senior management and regulatory stakeholders (e.g., FR Y-14A, CCAR, ad-hoc regulatory requests)
• Assist in ongoing enhancements of stress testing and capital planning infrastructure and governance
• Participate in the implementation and use of automation tools and reporting dashboards to enhance insight and efficiency

Benefits

• A fair and competitive rewards package that reflects the impact you create and the value you deliver.
• Benefits are designed to support you, your family and your well-being, now and into the future.

What This Job Offers

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