Investment Portfolio Analyst

Citizens Bank; Boston (MA); On-site; USD 97,000 - 150,000; Full time

Job summary

Citizens Bank is seeking an Investment Portfolio Manager to assist in managing institutional investment portfolios and hedging strategies. Responsibilities include trade execution, financial analysis, and developing innovative solutions to mitigate risks. We offer a competitive salary range along with comprehensive benefits, supportive work culture, and opportunities for growth.

Benefits

Comprehensive medical, dental and vision coverage

Retirement benefits

Maternity/paternity leave

Flexible work arrangements

Education reimbursement

Wellness programs

Paid time off policy exceeds legal requirements

Qualifications

• Bachelors or Masters in Finance or related fields required.
• Expertise in financial forecasting and risk analysis.
• Familiarity with Agency MBS, CMBS, and related derivatives preferred.

Responsibilities

• Support trade execution of various financial instruments.
• Perform financial forecasting and scenario analysis.
• Analyze investment portfolio risks and opportunities.

Skills

Expert level Microsoft Excel skills

Interest in financial markets

Education

Bachelors Degree in Business, Finance, Economics, Math, Statistics, or a related topic

Masters Degree in Economics, Math, Statistics, or a related quantitative subject

Tools

Python

SQL

Matlab

Job description

Description

As the Investment Portfolio Manager, you will assist in management of the Institutional Investment Portfolio, Institutional Hedging Portfolio and MSR Hedging. This include researching trade ideas, perform complex analysis and modeling in support of each both pre and post purchase, and executing or supporting the transaction execution. This role will be tasked with partnering with senior team members as it relates to the investment office; focusing on how goals and objectives can be achieved while working to identify innovative solutions.

Primary responsibilities include

• Trade Execution: Supporting electronic and verbal execution of US Treasuries, Agency MBS, CMBS, CMOs, CLOs, Interest rate swaps, swaptions and options, futures, and TBAs on behalf of the various institutional portfolios and strategies.
• Forecasting: Support for the financial forecasting, scenario analysis, and stress testing associated with the Securities and Derivates Portfolios.
• Gather data and analyze the investment portfolio to identify economic risks/opportunities and support the development of strategies to mitigate those risks.
• Reporting & Analytics: Development and continued enhancement of month and quarter end reporting that supports the ALCO, Board, and Investor Relations preparation and presentations. Daily economic and market surveillance that is broadly communicated. Development of dashboards and scenario analysis supporting the portfolios to show exposures, statistical analysis, and correlations to various market data.

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
  • Expert level Microsoft Excel skills
• Preferred Qualifications
  • Masters Degree in Economics, Math, Statistics, or a related quantitative subject
  • Interest and/or experience transacting in Agency MBS, CMBS, CMOs, swaps, swaptions, TBAs, and/or futures
  • Progress towards the Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) designation
  • Python, SQL, and/or Matlab coding experience

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: M-F

Pay Transparency

The salary range for this position is $97,726-$150,000 per year. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience. We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide 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, 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 all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.