Pre Assessment Risk Analyst
Bank of America
Middle Office Risk Analyst, Global Markets
Western Alliance Bank
full-time
Posted on:
Location Type: Office
Location: Denver • Arizona, California, Colorado, Nevada • 🇺🇸 United States
Visit company websiteSalary
💰 $72,051 - $98,458 per year
Job Level
JuniorMid-Level
About the role
- Help launch the Global Markets middle office function for Interest Rate Hedging
- Be a process administrator for the Interest Rate Hedging group, working independently and with clients or internal bank teams
- Develop or enhance efforts to improve the group’s overall efficiency and expand capacity for more sales activity
- Function as the point person for all client- and internal-related administrative matters regarding the growing interest rate derivatives portfolio, including IR Swaps, Caps and Structured Products
- Ensure the proper production of monthly and quarterly reporting, including ad-hoc reporting, for the Rates portfolio when necessary
- Work with the Rates Sales and Management team members to draft and amend procedure documentation for critical IRD functions
- Enhance or develop efforts to improve the Rate Products efficiency and drive growth
- Work closely with Loan Operations, ACH Operations, Corporate Treasury, Accounting, Risk and other teams to resolve open matters
- Support the build-out of trade execution functions
Requirements
- 2+ years of related experience in Treasury or Middle Office or similar field
- Bachelor's degree in related field required
- Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services
- Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices
- Entry level to intermediate experience in a Foreign Exchange (FX), Trade Finance (L/Cs) or Interest Rate Derivative (IRD) environment as a Trader or a Back Office Specialist
- Other general banking experience would prove beneficial
- Intermediate speaking and writing communication skills
Benefits
- competitive salaries
- an ownership stake in the company
- medical and dental insurance
- time off
- a great 401k matching program
- tuition assistance program
- an employee volunteer program
- a wellness program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
Interest Rate HedgingIR SwapsCapsStructured Productsmonthly reportingquarterly reportingprocedure documentationtrade executionTreasury managementForeign Exchange (FX)
Soft skills
communication skillsindependent workclient relationsteam collaborationproblem-solvingorganizational skillsadministrative skillsefficiency improvementcapacity expansiondrafting skills
Certifications
Bachelor's degree