Sr. Interest Rate Risk Associate

Hyundai Capital America • Irvine, CA

4d • Hybrid

About The Position

The Sr. Interest Rate Risk Associate, as part of a robust treasury risk management framework, performs derivative execution, booking, settlement, reporting on regular basis; supports designing feasible interest rate risk mitigation strategies, analytical calculation/modules, new hedging opportunities; streamline data procedures; actively manages relationship with counterparties and assists hedge related compliance requests.

Requirements

• Minimum 4-6 years’ relevant working experience in interest rate derivatives, fixed income securities, asset liability management or related field.
• Experience with ALM systems (KRM, QRM, etc.)
• Bachelor’s degree in Finance, Economics, Accounting, Mathematics or Statistics.
• Working knowledge of fixed income, interest rates, financial derivative, economics, corporate finance and data analytics.
• Working overnight for transaction execution occasionally.
• Intermediate skill level in SQL, VBA and Python.
• Proficient in Bloomberg.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
• Strong written and verbal communication skills.
• Strong analytical and research skills.
• Excellent interpersonal skills and ability to work in a highly time-sensitive, dynamic, and growing environment.
• Strong organization and multi-tasking skills.
• Solid work ethic, team spirit and dedication to excellence.

Nice To Haves

• Master’s degree in Finance, or Economics preferred.
• Certified CFA and FRM preferred.

Responsibilities

• Financial and Business Reporting
• Operate monthly derivative financial reporting and journal entry validation.
• Perform hedge accounting designation, periodic effectiveness test, documentation and report.
• Monitor rates movement and market expectations, report on impact to the business, generate rate forecast scenarios and business planning.
• Support ALCO material preparation.
• Hedging Execution and Compliance
• Execute hedging transactions (i.e., swap, option, etc.) and price negotiation.
• Perform derivative transaction booking, settlement, and other operations.
• Manage derivative counterparty relationship.
• Assist ISDA negotiation, counterparty onboarding, documentation, regulation, and other compliance requirement.
• Strategy Research and Data Procedure Management
• Assist on hedging strategy and derivative accounting research, and ad-hoc analytics.
• Support data management, streamline data process, and maintain model / procedure documentation for Interest Rate Risk mitigation module in ALM system.

Benefits

• Medical, dental, and vision plans with no-cost and low-cost options
• Annual employer HSA contribution
• 401(k) matching and immediate vesting
• Vehicle purchase and lease discounts, plus monthly vehicle allowances by job level:
• Associate / Sr. Associate: $350
• Manager / Sr. Manager: $600
• Director: $800
• Executive Director: $900
• VP or Above: $1,000
• 100%25 employer-paid life and disability insurance
• No-cost health and wellbeing programs, including a gym benefit
• Six weeks of paid parental leave
• Paid Volunteer Time Off, plus a company donation to a charity of your choice

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees