Position: Senior Associate, Capital Markets
Department: Capital Markets
Reports To: Chief Investment Officer
Employment Status: Full-Time, Exempt
Office Location: Midtown, New York
Job Summary:
A boutique private bank is seeking a versatile candidate with strong analytical and communication skills to assume a multi-faceted role within a growing organization. The candidate is expected to complete projects with minimal amount of supervision and adapt to changing assignments and responsibilities. The candidate will be part of a team with responsibility over nationwide footprint expansion, private banking product development, and analysis of proprietary investment opportunities.
Bank Related Job Responsibilities and Duties:
- Preparation of materials for Board of Director meetings.
- Mortgage Pricing for Emigrant portfolio loan origination.
- Bank Liquidity Reporting.
- Interest Rate Swap market-to-market and daily margin posting.
- Foreign currency hedging and coupon exchanges USD/AUD.
- Manage Relationship with Federal Agencies.
- Management of daily, weekly, monthly and quarterly Excel reports related to banking activity, interest rates and loan origination.
- Frequent ad hoc analytical projects.
Trust Related Responsibilities:
- Ongoing client management of investment management accounts
- Analysis of prospective client portfolios in order to develop proposals
- Corporate and Municipal Bond credit analysis and ongoing surveillance and credit committee member.
- ETF Model management.
- Preparation of quarterly Account Review Committee (ARC) materials and attend ARC meetings
- Develop integral knowledge of BNY Pershing NetX360 custodian platform
- Preparation of regulatory and audit responses for: internal audit, external audit, FOFR and the FDIC.
Basic Requirements:
- Bachelors in Finance, Economics, or related major
- 4+ years experience within financial services
- Excellent understanding of equity, alternative investing and financial markets.
- Strong understanding of financial statements and financial modeling.
- Ability to review legal agreements.
- Strong written and verbal communication skills.
- Close attention to detail
- Strong quantitative ability, intellectual curiosity
The job description outlined above is considered a core list of job duties/requirements. This document should not be considered a complete or comprehensive list. The incumbent assigned to this position is required to perform the duties listed above. The incumbent is also expected to adapt to changes and/or additions as needed. Nothing contained within this document is intended or shall be construed to create or constitute a contract of employment between any employee or group of employees and Emigrant Savings Bank and its Subsidiaries. Emigrant Savings Bank and its Subsidiaries retains and reserves any and all rights to change, modify , amend, add to or delete from any section of this document as it deems, in its judgment, to be proper.
Skills Required
- Bachelors in Finance, Economics, or related major
- 4+ years experience within financial services
- Excellent understanding of equity, alternative investing and financial markets
- Strong understanding of financial statements and financial modeling
- Ability to review legal agreements
- Strong written and verbal communication skills
- Close attention to detail
- Strong quantitative ability, intellectual curiosity
What We Do
In 1850 a group of Irish emigrants founded Emigrant Bank as a mutual savings bank in New York City. Today, Emigrant is New York’s oldest savings bank, serving local communities with 35 branches and various banking subsidiaries: Emigrant Capital, Emigrant Financial Services, Emigrant Business Credit Corp., Emigrant Funding, New York Private Bank & Trust and Emigrant Mortgage Company. Emigrant Bank is regulated by both State and Federal regulators. All deposits are insured by the FDIC up to the legal limit.
