Interest Rate Risk Manager

Sovereign Bancorp, Inc., ("Sovereign") (NYSE: SOV), is the parent company of Sovereign Bank, a $83 billion financial institution with more than 800 community banking offices, over 2,000 ATMs and approximately 12,000 team members with principal markets in the Northeast United States. Sovereign offers a broad array of financial services and products including retail banking, business and corporate banking, cash management, capital markets, trust and wealth management and insurance. Sovereign is the 18th largest banking institution in the United States. For more information on Sovereign Bank, visit http://www.sovereignbank.com. 

 

Interest Rate Risk Manager

 

 

In this role you will model, analyze and interpret the bank?s sensitivity to changes in interest rates using the QRM software model.  You will monitor various policy thresholds for interest rate risk and develop strategies to hedge imbalances that emerge.  You will be a member of the Asset Liability Committee.  You will communicate the bank?s overall risk position to this committee with any related recommendations to hedge interest rate risk.

 

Education/Experience/Qualifications:

BS/BA, Masters Degree a plus, 10 years financial services experience.  Knowledge of QRM or other advanced Asset Liability Management software critical.  Strong excel/database, organizational, written and verbal communication skills required.

 

We show our appreciation with a full range of benefits for our full and part-time positions including medical, dental, vision plans, 401(k), ESOP, tuition reimbursement and incentive bonus programs.

 

If this is the kind of opportunity you?ve been thinking about, apply online, or send resume to: Execrecr@Sovereignbank.com

 

We value the advantages afforded only through a diverse work force and encourage all to apply. EOE M/F/D/V

 

Learn more at sovereignbank.com