Hedge Closer

This is a fully remote position, open to applicants in Alabama, +4 more states.

📋 Description

• Assist the Correspondent Division ARC team and Commercial Loan Officers by providing analytical, marketing, and documentation support for interest rate hedging activities.

• Create borrower presentations and review as well as submit credit memos for hedge approval.

• Evaluate customer credit analyses and borrower hedging requests.

• Maintain communication with Commercial Lenders and borrowers.

• Examine legal closing documents and draft Rate Conversion Agreements.

• Organize closings and liaise with both internal and external stakeholders.

• Collaborate with the ARC trading desk to ensure accurate execution of trades.

• Complete tasks in accordance with departmental guidelines, ensuring accuracy and timeliness.

• Conduct research and analyze financial data to prepare financial position reports.

• Price basic interest rate derivatives, including swaps, caps, floors, and collars.

• Interact with customers, CPAs, and internal company comptrollers regarding financial statements, accounting methods, derivative pricing, and related details.

• Engage in special projects related to the job function.

⛳️ Requirements

• A Bachelor’s degree in business, finance, or accounting is preferred.

• A minimum of five years of finance/accounting-related work experience may substitute for a college degree in business, finance, or accounting.

• Knowledge of derivative products and financial pricing concepts is essential.

• Extensive expertise in derivative modeling using Bloomberg.

• Familiarity with commercial credit and underwriting criteria is necessary.

• Capability to model and clarify interest rate derivatives pricing concepts.

• Understanding of Commercial Real Estate (CRE) lending.

• Proficient in Microsoft Word, Excel, Outlook, Bloomberg, and other departmental software.

• Ability to efficiently utilize computers and learn new software applications.

• Highly organized, precise, and detail-oriented.

• Capacity to multitask and perform well under pressure.

• Ability to address customer and coworker inquiries effectively.

• Capability to follow instructions accurately.

• Ability to access and interpret information from computer screens, documents, and reports.

• Must have a secure, distraction-free home office for telecommuting.

• A reliable private internet connection is required, preferably cable or fiber, not supplied through cellular data.

• Completion of required annual compliance training and New Employee Orientation is mandatory.

🏝️ Benefits

• Flexible remote or hybrid telecommuting options.

• Safe home office environment.

• Consistent private internet connection; cable or fiber preferred.

• Mandatory annual compliance training.

• New Employee Orientation program.

• Reasonable accommodations available for individuals with disabilities.

• Travel to meetings as required.