Investment Portfolio Sr Mgr
Apply NowCompany: Capital Markets Placement
Location: Johnston, RI 02919
Description:
Job Description
As the Investment Portfolio Sr Mgr., you will assist in the management and trade execution of the Institutional Investment Portfolio, Institutional Hedging Portfolio, and MSR Hedging execution within the Investment Office. You will be responsible for performing complex analysis and modeling to support investment strategies. This role will be responsible for interpreting the internal and external macroeconomic environment and strategic thinking to support CFG's financial goals and achieve optimal return on behalf of the Bank given an acceptable amount of risk. The incumbent will be tasked with solving complex problems as it relates to Investment strategies, identification of assets that fit the profile, and execution with a focus on how goals and objectives can be achieved while working to quickly identify innovative solutions.
Primary responsibilities include
Qualifications, Education, Certifications and/or Other Professional Credentials
Hours & Work Schedule
About Us
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies (Citizens), provides equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability, or history or record of a disability, ethnicity, gender, gender identity or expression, transgendered and transitioning individuals, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens we are committed to fostering an inclusive culture that enables colleagues to bring their best selves to work every day and where all are expected to be treated with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. We perform our best so we can do more for our customers, colleagues, communities and shareholders.
Equal Employment and Opportunity Employer
Job Applicant Data Privacy Policy
Background Check
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.
As the Investment Portfolio Sr Mgr., you will assist in the management and trade execution of the Institutional Investment Portfolio, Institutional Hedging Portfolio, and MSR Hedging execution within the Investment Office. You will be responsible for performing complex analysis and modeling to support investment strategies. This role will be responsible for interpreting the internal and external macroeconomic environment and strategic thinking to support CFG's financial goals and achieve optimal return on behalf of the Bank given an acceptable amount of risk. The incumbent will be tasked with solving complex problems as it relates to Investment strategies, identification of assets that fit the profile, and execution with a focus on how goals and objectives can be achieved while working to quickly identify innovative solutions.
Primary responsibilities include
- Trade Execution: Responsible for the execution of TBAs, interest rate swaps, interest rate options, futures, Agency MBS, CMBS, CMOs, and other Non Agency products on behalf of the various portfolios managed by the team.
- Driving Strategic Direction: Using an understanding of balance sheet risk factors and management goals that drive CFG performance, develop creative solutions to drive strategic direction of different team pillars or allocation decisions while factoring in macroeconomic and other factors.
- Forecasting: Support for the financial forecasting, scenario analysis, and stress testing associated with the Securities and Derivative Portfolios.
- Model Support: Assess, develop, and/or refine desk and production-based models (BlackRock Analytics) to support the team's pre-trade analysis and macroeconomic environment evaluation. Utilize desk models to analyze relative value, relation to macroeconomic factors, scenario analysis, and hedging strategies, communicating and supporting market thesis's.
- Reporting & Analytics: Development and continued enhancement of month and quarter end reporting that supports ALCO, Board-level, and Investor Relations preparation and presentations. Daily economic and market surveillance that is broadly communicated. Development of dashboards supporting the Investment Portfolio, Institutional Hedging, and MSR Hedging on a daily basis that show exposures, statistical analysis, and relation to underlying market data. Gather data and analyze the Investment Portfolio to identify risks and opportunities while supporting the development of strategies to mitigate risks.
Qualifications, Education, Certifications and/or Other Professional Credentials
- Required Qualifications
- Bachelors Degree in Business, Finance, Economics, Math, Statistics, or a related topic
- Interest in financial markets, bank balance sheets, and developing creative solutions to problems
- Experience transacting in Agency MBS, CMBS, swaps, swaptions, TBAs, and/or futures on behalf of an institution
- Expert level Microsoft Excel skills
- Preferred Qualifications
- Progress towards the Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) designation
- Masters Degree in Economics, Math, Statistics, or a related quantitative subject
- Python, SQL, and/or Matlab coding experience
Hours & Work Schedule
- Hours per Week: 40
- Work Schedule: M-F
About Us
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies (Citizens), provides equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability, or history or record of a disability, ethnicity, gender, gender identity or expression, transgendered and transitioning individuals, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens we are committed to fostering an inclusive culture that enables colleagues to bring their best selves to work every day and where all are expected to be treated with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. We perform our best so we can do more for our customers, colleagues, communities and shareholders.
Equal Employment and Opportunity Employer
Job Applicant Data Privacy Policy
Background Check
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.