Bank Portfolio Manager - Interest Rate Derivatives and Hedging

As part of the Treasury team, the Portfolio Manager is responsible for managing interest rate risk in the bank's investment portfolio and executing derivatives transactions as necessary to achieve targeted risk profile.

Requirements

• Develop hedging strategies, consistent with U.S. GAAP hedge accounting guidance, to manage interest rate risk within the bank’s investment portfolio, utilizing single asset/liability and macro level hedging.
• Manage the US Treasury and Sovereign, Supernational investments.
• Own and manage valuation and testing model while performing initial and ongoing effectiveness testing for hedging relationships.
• Works closely with internal partners (operations, accounting, credit, legal, etc.), providing leadership and coordination to manage issues related to the investment portfolio hedging program specifically, or Treasury generally, working across groups to execute solutions.
• Assists in evaluating and developing investment objectives and guidelines as appropriate given risk tolerances.
• Assists with execution of client related derivatives hedging as necessary.
• Complies with all policies and guidelines (Board, ALCO, Credit, Controllers, etc.) in managing interest rate risk.
• Maintain communication with brokers and dealers to monitor the market and to develop strategies.
• Participates in, or leads, sub-group or task force to revise or modify existing internal or external procedures, guidelines, or to review new products or strategies.
• Maintains awareness of current and pending legal and regulatory issues that impact the derivatives market or hedge accounting rules.

Benefits

• 401k Matching
• Retirement Plan
• Health and Welfare Benefits
• Paid Time Off
• Parental and Caregiver Leave
• Life & Accident Insurance
• Discretionary Bonus Program