Treasury Analyst in Lynn, MA at Eastern

Date Posted: 12/2/2019

Job Snapshot

Job Description

When you join Eastern Bank, you join the largest and oldest mutual bank in the country. We pride ourselves in having knowledgeable and experienced professionals that can provide the expertise, personal attention and service our customers deserve.
As the fourth-largest full-service commercial bank in Greater Boston, we are able to offer you unique opportunities for career growth throughout the organization, as well as a competitive compensation and benefits program.
As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us.
This position will provide support in the Corporate Treasury area of the Bank that manages interest rate risk, liquidity, derivatives and the investment portfolio.  This individual will handle operational functions of the Bank’s derivative portfolios as well as financial reporting and credit analysis to support management decision making.

Responsibilities include, but are not limited to the following:
•  Prepare all accounting entries for derivative portfolios, borrowings, and general Corporate Treasury operations. Become the subject matter expert on derivative operations including payments, collateral movement, and portfolio valuation.
•  Perform regulatory credit analysis for the municipal bond portfolio and current counterparty banks for the Bank’s bilateral swap book.  
•  Prepare monthly financial reports for management as well as ad hoc reporting as needed.  
•  Responsible for data analysis, reporting and support for senior analysts.
•  Monitor current vendors and maintain risk profiles in Enterprise Risk Management system.

Job Requirements

Education & Experience 
• Bachelor’s Degree preferably in Finance, Economics, Accounting or related field.
• Solid Word and Excel skills. 

Skills/Knowledge 
• Excellent oral and written communication skills  
• Strong attention to detail
• Self-motivated and the ability to work independently as well as on a team
• Attention to detail, critical thinking and new ideas are encouraged.  Group discussions are key to the process of enhancing analysis and methodology used by the team.