Massachusetts Jobs

The Analyst within the Corporate Treasury group is responsible for providing support to the Bank’s liquidity risk management and financial operational functions. The right candidate will have a background in Finance and experience with finance operations. The candidate should be a self-starter with a balanced background of analytical skill, communication skill and a teamwork mentality. This position reports to the Treasury Associate II and has no direct reports.

• Measure, monitor and report liquidity metrics to senior team members. Support enterprise-wide data analytics initiatives and become knowledgeable in the Bank’s data fields. Enhance visual representation of trends in products that impact liquidity management

• Support the quarterly liquidity stress testing function, including the development and documentation of stress testing assumptions. Collaborate with liquidity and operations team members to enhance model performance in response to model validations and in line with industry best practices.

• Assist in managing relationships with the Bank’s funding providers including the Federal Reserve Bank and the FHLB. This includes managing collateral submissions and periodic audits. In addition, a variety of tasks will need to be performed to assess operational risk, such as vendor documentation review and high-risk application management.

• Assist in wholesale funding programs by processing FHLB advances, Fed Funds, brokered CDs, IntraFi and onboarding other liquidity products. Maintain and reconcile internal/external liquidity operations accounts and assist in collateral calls.

• Collaborate with groups including audit, model and market risk management, and business analytics on liquidity operations. Cross-train and provide backup for department operational functions.

PROBLEM SOLVING & DECISION MAKING :

This position operates with moderate oversight and 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 (or equivalent experience) preferably in Finance, Economics, Business Analytics, or related field.

• 1-3+ years in a related role.

• Advanced Excel skills a plus.

Skills/Knowledge

• Strong teamwork mentality with a high degree of flexibility and adaptability.

• Candidate will be a self-starter, highly motivated with a solid quantitative background.

• Ability to operate in a highly regulated environment.

• Excellent communication skills and strong attention to detail.

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 of women, people of color, LGBTQIA+, religion, national origin, citizenship, neurodivergence, age, Veterans, individuals with disabilities, or any other characteristic protected by law.

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.