Treasury Data and Analytics Associate at Santander

Boston, Massachusetts, United States

Santander Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Requirements

  • Bachelor's Degree in Accounting, Finance, Economics, Statistics, Engineering or equivalent field. - Required
  • Master's Degree in Accounting, Finance, Economics, Statistics, Engineering or equivalent field. - Preferred
  • 5+ Years of relevant work experience in a quantitative or financial analytics role in the Banking/Financial Services Industry. - Required
  • Experience with Excel, Tableau, Power BI, SQL, Python and other bank treasury management systems
  • Experience using AxiomSL and Quantitative Risk Management (QRM) tools. - Preferred
  • Experience of Complex Institution Liquidity Monitoring Report: FR-2052A. - Preferred
  • Detail oriented with ability to research, organize and analyze financial data
  • Strong verbal and written communication skills in interacting with internal stakeholders
  • Excellent analytical, organizational and project management skills
  • Certifications: Certified Financial Risk Manager (CFRM). - Preferred
  • Certified Treasury Professional (CTP). - Preferred

Responsibilities

  • Uses advanced analytics and data tools to manage the bank's financial data, forecast liquidity, and identify risks, ensuring accurate financial reporting
  • Supports the strategic decision-making for treasury operations by overseeing the quality of data used in one or more of the following processes: Asset-Liability Management, Interest Rate Risk, Liquidity Risk, Cash Management, Investment Portfolio Management, Cash-Management, Capital Planning and Recovery & Resolution
  • Provides support for complex analysis and participates in projects enhancing data processes and automation of reports
  • Performs variance and forecasting analysis of key financial data
  • Contributes to a strong internal control environment
  • Ensures treasury policies, practices, and procedures are understood and followed
  • Communicates effectively with internal stakeholders
  • Oversees the data lifecycle, ensuring data quality, consistency, and accuracy
  • Maintains and improves data control and governance framework documentation, monitors and ensures compliance
  • Develops data requirements, reviews & confirms functional data definitions and ensures appropriateness of data for various use cases across the Treasury functions
  • Actively monitors data usage to identify and capitalize on opportunities for optimization
  • Conducts root cause analysis for issues, identifies solutions and ensures remediations are in place
  • Performs periodic conformance testing to identify and address any discrepancies or errors in the reporting process including compliance with regulatory instructions

Skills

Key technologies and capabilities for this role

advanced analyticsdata toolsliquidity forecastingrisk identificationfinancial reportingAsset-Liability ManagementInterest Rate RiskLiquidity RiskCash ManagementInvestment Portfolio ManagementCapital Planningvariance analysisforecastingdata qualitydata governanceautomationSQLPython

Questions & Answers

Common questions about this position

What degree is required for the Treasury Data and Analytics Associate position?

A Bachelor's Degree in Accounting, Finance, Economics, Statistics, Engineering or equivalent field is required.

What are the main responsibilities of this role?

The role involves using advanced analytics to manage financial data, forecast liquidity, identify risks, support treasury operations like Asset-Liability Management and Liquidity Risk, perform variance analysis, ensure data quality, and conduct root cause analysis.

What is the salary 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 journey with a focus on continuous learning, personal growth, collaboration with talented colleagues worldwide, 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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