Senior Associate, Funds Transfer Pricing

Capital One • McLean, VA

84d • $109,000 - $124,400

About The Position

Capital One's Capital Markets & Analytics - Funds Transfer Pricing (FTP) team is seeking a highly motivated, talented, and collaborative professional. The Funds Transfer Pricing team is responsible for assigning a cost of funds for virtually all assets and liabilities on the balance sheet. In order to assign a cost of funds, the team works with stakeholders across the Company to create, manage, and implement an effective FTP framework. Through this function the team enables the business lines to make the right marginal product and pricing decisions, facilitates interest rate risk management of the Company, and provides an essential component to each individual line of business's Profit & Loss (P&L). The associate will be responsible for supporting the FTP technology space and several key enterprise projects. In this capacity, the candidate will be expected to support model development and maintenance, data analytics, and enhancements in our processes and infrastructure. The role requires exceptional problem solving, technical expertise, innovation, analytical and communication skills. The successful candidate must demonstrate the ability to work collaboratively across teams to understand highly technical projects and their implications on FTP and our infrastructure, and leverage new technologies to continue to improve our models and processes.

Requirements

• Bachelor's Degree or military experience
• At least 2 years of experience in financial analysis, business analysis, or a combination
• At least 1 year of experience programming with Python or Spark
• At least 1 year of experience with data management and reporting

Nice To Haves

• 2+ years of banking experience within a treasury or balance sheet management function
• 3+ years of experience in financial analysis & modeling
• 2+ years of experience with AWS
• 2+ years of experience with Spark and SQL
• Proficiency in Scientific Python ecosystems (such as: Pandas, Polars, NumPy, Dask)
• Strong critical thinking and problem solving skills

Responsibilities

• Use Python and/or Spark to build and maintain automated scripts that calculate FTP rates
• Build and unit test production level code
• Support the development of a well-controlled framework to manage the funds transfer pricing infrastructure
• Maintain the efficiency and accuracy of our models through continuous improvement and application of best practices
• Develop and maintain high quality and transparent documentation
• Ensure appropriate governance in our space as it pertains to Enterprise Data standards and Enterprise Risk/Model standards
• Collaborate across the team to resolve issues in the production processes and understand new strategies and products and their implications to our models
• Support cross functional enterprise projects that impact our data sourcing and FTP calculations

Benefits

• Comprehensive health benefits
• Financial benefits including performance-based incentive compensation
• Inclusive set of benefits that support total well-being

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree