Capital Markets Associate Full Time

Job Description

Summary Of The Position

The Capital Markets Associate will support the Capital Markets Team in the day-to-day management of the bank’s Capital Markets activities. This includes support of the Bank’s Asset / Liability Management Committee (“ALCO”), securities portfolio, treasury activity, derivatives portfolio, and deposit portfolio.

Primary Functions Of The Position

• Work with the Capital Markets LOB Risk Manager and SVP – Financial Analyst in using the Bank’s asset/liability management and interest rate risk modeling software to produce an annual budget, periodic Interest Rate Risk analyses, as needed scenario analyses, periodic capital stress testing exercises, and periodic reforecasting.
• Structures, markets, and executes all interest rate swap transactions (including documentation).
• Provides interest rate derivative quotes, swap exposure calculations, and marketing materials to the Bank’s Relationship Managers, Market Presidents, and Capital Markets team.
• Assist in the weekly production of ALCO meeting materials.
• Produce materials used in the at-inception underwriting and ongoing quarterly review of securities portfolio and correspondent Bank credit positions.
• Assist in the management of and support for the Bank’s Historic Tax Credit, LIHTC, Solar Tax Credit, and SBIC investments.
• Work with Capital Markets LOB Risk Manager, SVP – Financial Analyst, and Financial Analyst to respond to any ALCO, liquidity, and derivative related information requests from auditors and examiners.
• Assist in the production and reporting on top deposit concentrations, high-rate deposits, and deposit portfolio in general.
• Generally assist the Capital Markets LOB Risk Manager and the Financial Analyst where necessary on any Capital Markets-related matters.
• Support the Capital Markets LOB Risk Manager on all items related to policy updates and adherence as well as similar support for Model Risk Management activity.
• Gain familiarity and establish expertise using a Bloomberg terminal and S&P Global database.

Education And Experience Requirements

• Bachelor’s Degree in Economics or Finance
• 1-2 years of experience in Finance or related field

Essential Skills And Abilities

• Highly professional interpersonal and communication skills
• Working knowledge of the Capital Markets
• Ability to work effectively in a fast paced, dynamic environment
• Organized with strong attention to detail, critical-thinking, and analytical skills
• Proficient in MS Office

Education

Work Experience

Certifications

Travel

Workstyle

Resident

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm’s core values of client-first, integrity, independence and a conservative, long-term view.

We Expect Our Associates At All Levels To

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.