Hedge Closer: Derivatives & Commercial Lending Expert

SSB002 SOUTHSTATE BANK, NATIONAL ASSOCIATION; United States; Hybrid; USD 50,000 - 80,000; Full time

Benefits offered by this job

Remote/hybrid work options

Equal opportunity employer

Job summary

SouthState Bank, N.A. is seeking a Hedge Closer to support the Correspondent Division ARC team by providing analytics, credit reviews, and documentation for interest rate hedging activity.

You will interact with Commercial Lenders, borrowers, and the ARC trading desk to ensure accurate pricing and timely closings. The ideal candidate has five years in finance or accounting, knowledge of derivative products, and proficiency with Bloomberg and MS Office.

Qualifications

• Bachelor’s degree in business, finance or accounting preferred.
• At least five years in finance/accounting; hedging exposure a plus.
• Experience with derivative pricing and risk concepts.

Responsibilities

• Supports sales by preparing borrower presentations and credit memos for hedge approval.
• Reviews credit analyses and hedging requests; communicates with lenders and borrowers.
• Reviews closing documents and drafts rate conversion agreements; schedules closings.
• Collaborates with ARC trading desk to ensure accurate trades and pricing.
• Researches financial data and prepares reports on derivatives pricing and positions.

Skills

Derivative pricing

Bloomberg

Commercial lending

Financial modeling

MS Office

Education

Bachelor's degree in business/finance/accounting

Tools

Bloomberg Terminal

Job description

SouthState Bank, N.A. is seeking a Hedge Closer to support the Correspondent Division ARC team by providing analytics, credit reviews, and documentation for interest rate hedging activity.

You will interact with Commercial Lenders, borrowers, and the ARC trading desk to ensure accurate pricing and timely closings. The ideal candidate has five years in finance or accounting, knowledge of derivative products, and proficiency with Bloomberg and MS Office.