• Job Description

  Req#: 300000344127276
  Job Description
  
  Hiring Range: $70,798 - $116,311
  
  The posted salary range reflects Eastern's expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information.
  
  The AVP Liquidity Operations Analyst III within the Corporate Treasury group is responsible for enhancing the Bank's liquidity risk management framework to align with the regulatory standards of a large financial institution. The candidate should be a self-starter with a balanced background of analytical skill, communication skill and a teamwork mentality. The ability to interface with a wide variety of roles throughout the organization is important for success. This position reports to the Assistant Treasurer.
  
  • Manage relationships with the Bank's funding providers including the Federal Reserve Bank, the FHLB, and other brokered/non-brokered funding providers. Manage collateral submissions and periodic audits.
  • Manage the Bank's Liquidity Contingency Plan and ensure robust backup sources of funding under a variety of stress scenarios. Work with market risk management on Risk Control Self Assessments. Design solutions for liquidity management that are aligned with evolving regulatory requirements, audit and compliance scrutiny as well as industry best practices.
  • Act as main liaison in Archer for all Treasury operation vendor onboarding management. Identifies the risks associated with the execution of Treasury's funding business strategy by assessing and effectively understanding and managing all risks associated with the associated products, services, and activities.
  • Assist with monthly accounting and payment processing for liquidity and swap products. Administer gathering and organizing reporting in collaboration with senior team members to review trends and reporting. Ongoing monitoring and submission of SOX testing.
  
  
  PROBLEM SOLVING & DECISION MAKING:
  
  This position operates with minimal oversight but the candidate should collaborate closely as needed and recognize issues that should be escalated. Critical and innovative thinking is encouraged.
  
  Education and Experience
  
  • Bachelor's Degree preferably in Finance, Economics, Accounting or related field.
  • Master's Degree or equivalent is preferred.
  • 3-5+ years in a related role at a bank over $10B in total assets.
  • Advanced Excel skills.
  • Strong teamwork mentality with a high degree of flexibility and adaptability.
  • Candidate will be a self-starter and highly motivated.
  • Strong ability to communicate with stakeholders on the team and throughout the organization.
  • Detailed understanding of industry liquidity practices and regulation.
  • Ability to operate in a highly regulated environment.
  • Excellent communication skills and strong attention to detail.
  
  
  Skills/Knowledge
  
  • Strong teamwork mentality with a high degree of flexibility and adaptability.
  • Candidate will be a self-starter and highly motivated.
  • Strong ability to communicate with stakeholders on the team and throughout the organization.
  • Detailed understanding of industry liquidity practices and regulation.
  • Ability to operate in a highly regulated environment.
  • Excellent communication skills and strong attention to detail.
  
  
  About Us
  
  At Eastern Bank, we pride ourselves on supporting our employees by offering tremendous opportunity for individual growth. 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. We are proud to offer comprehensive compensation plans and a benefits program called Total Rewards that includes medical, dental, vision, life and disability insurance, retirement, vacation and tuition reimbursement.
  
  Eastern Bank is an equal opportunity employer. All job applicants will be considered for employment without regard to race, color, religious creed, national origin, sex, sexual orientation, gender identity, genetic information, military service, age, ancestry, or disability.
  
  At Eastern Bank, we are dedicated to building a diverse, equitable, inclusive and authentic workplace. If you're excited about this role but your experience doesn't fully align with every qualification, we still encourage you to apply! You may be just the right candidate for this position or others across the company. Our Recruitment team is waiting to chat with YOU.

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