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Company: Valley Bank
Location: Paramus, NJ
Career Level: Associate
Industries: Banking, Insurance, Financial Services

Description

Responsibilities include, but are not limited to:

  • Assist in the execution of all interest rate hedge products including swaps, caps, collars, etc.
  • Assist in trade deals in live market for competitive auctions, requiring timely responses to multiple Wall Street banks to maximize equity in transactions.
  • Execute all pre- and post-trade processes, some of which include trade validation, input of trade details, trade reporting, documentation tracking, etc.
  • Handle transaction management which includes cleared trade affirmation processes, reporting borrower trade to swap data repository, reporting borrower end user exception to central clearing to DTCC, etc.
  • Utilize systems/vendors such as Derivative Path, Chatham Financial, Bloomberg, Excel, etc.
  • Create/prepare and present PowerPoint presentations for assigned initiatives such as training and instruction to internal teams on our products and processes.
  • Compile and analyze information regarding profit and income/expenses to budget as well as historical trends.
  • Provide timely reports summarizing results and analyzing data to evaluate the impact and benefit of bank initiatives and strategies.
  • Provide internal reports to Senior Executives to track opportunities and key program statistics and metrics for items such as ALCO and Valley's Earning's call.
  • Compile, evaluate and analyze historical market data necessary to determine trends within our space. Present information to customers and internal teams.
  • Create and maintain models utilizing quantitative analysis software for forecasts and strategic business decisions.
  • Maintain all CSAs and ISDAs both client and streetside counterparty facing.
  • Prepare for audits with OCC, KPMG and internal audits.
  • Review borrower Eligible Contract Participant (ECP) situations and work with attorneys when necessary.


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