Asset Liability Management, Treasury - Senior Analyst at Santander

Boston, Massachusetts, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Bachelor's Degree in Finance, Economics, Business or equivalent field - Required
3+ Years Financial planning, analysis or related experience - Required
3+ Years Experience in Asset-Liability Management, Liquidity Risk Management, Interest-Rate Risk Management, Funds Transfer Pricing - Preferred
Ability to work well within a team, prioritize tasks and handle numerous assignments simultaneously
Ability to convey a sense of urgency and drive
Strong verbal and written communication skills in interacting with internal stakeholders
Strong interpersonal, supervisory, and customer service skills
Excellent analytical, organizational and project management skills
Detail oriented with ability to research, organize and analyze financial data
Strong project management skills
Advanced in MS Word, MS Excel, QRM (or other ALM tool), MS Outlook
CTP (Certified Treasury Professional) - Preferred

Responsibilities

Supports the day-to-day management of Interest Rate Risk across all Santander US entities
Provides senior analysis in support of day-to-day execution of Asset-Liability operations related to the measurement, monitoring and reporting of interest rate risk
Analyzes and manages exposure to interest rate changes, measures Net Interest Income (NII) and Economic Value of Equity (EVE)
Conducts stress tests and scenario analyses under various interest rate/macroeconomic environments
Performs/assists in NII/MVE analysis for monthly production and ad-hoc requests from senior management
Partners with Finance and Business Units to ensure alignment of assumptions and forecasts
Partners with Market Risk Management and Global Treasury to ensure alignment on risk management strategies
Validates the accuracy of internal reporting of financial and market data
Performs variance, reconciliation and forecasting analysis of key financial and market data
Ensures adherence to established standards and risk limits
Contributes to a strong internal control environment by executing and reporting on SOX controls
Ensures treasury policies, practices and procedures are understood, followed and are up-to-date
Communicates effectively with internal stakeholders

Skills

Key technologies and capabilities for this role

Asset Liability ManagementInterest Rate RiskNet Interest Income (NII)Economic Value of Equity (EVE)Stress TestingScenario AnalysisForecastingVariance AnalysisReconciliation

Questions & Answers

Common questions about this position

What education and experience are required for this Senior Analyst role?

A Bachelor's Degree in Finance, Economics, Business or equivalent field is required, along with 3+ years of financial planning, analysis or related experience. Preferred experience includes 3+ years in Asset-Liability Management, Liquidity Risk Management, Interest-Rate Risk Management, or Funds Transfer Pricing.

What are the main responsibilities of the Senior Analyst in Asset Liability Management?

The role involves supporting day-to-day management of Interest Rate Risk, performing NII/MVE analysis, partnering with Finance and Business Units, validating financial data accuracy, conducting variance and forecasting analysis, ensuring adherence to risk limits, and contributing to SOX controls.

What is the salary or compensation for this position?

This information is not specified in the job description.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the company culture like at Santander?

Santander fosters an enriching environment focused on continuous learning, personal growth, collaboration with talented global colleagues, engagement, and commitment to employee success.

Santander

Provides banking, investment, and insurance services

About Santander

Santander Bank provides a variety of financial services to individuals, small businesses, and large corporations in the United States. Its offerings include savings and checking accounts, loans, credit cards, and investment products. The bank also has specialized services through Santander Investment Services and insurance products via Santander Securities LLC. Santander stands out from its competitors by focusing on community growth, committing $13.6 billion to support initiatives like the 'Cultivate Small Business' program, which aids early-stage entrepreneurs, especially from underrepresented groups. The bank generates revenue through interest on loans, service fees, and commissions, while promoting responsible banking practices and financial education. Santander's goal is to empower individuals and businesses, enhance community prosperity, and provide comprehensive financial solutions.

Boston, MassachusettsHeadquarters

1902Year Founded

$75MTotal Funding

POST_IPO_DEBTCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision

401k

Flexible PTO

Parental & sick leave

Discounts: technology, travel, auto, fitness, & tuition

Risks

ISO 20022 transition may challenge smaller business partners.

'Quishing' attacks pose a growing threat to consumer security.

Openbank faces competition in the U.S. high-yield savings market.

Differentiation

Santander's Openbank offers a 5.00% APY high-yield savings account nationwide.

The bank's Inclusive Communities Plan pledges $13.6 billion for community initiatives.

Santander's ISO 20022 adoption enhances operational efficiency and data management.

Upsides

Openbank's high-yield savings account attracts more U.S. customers.

Santander's renewable energy financing highlights commitment to sustainable investments.

Proactive cybersecurity measures enhance customer trust and protect digital assets.

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