Senior Associate, Funds Transfer Pricing

Senior Associate, Funds Transfer Pricing

Capital One’s Capital Markets & Analytics - Funds Transfer Pricing (FTP) team is seeking a highly motivated, talented, and collaborative professional. The Funds Transfer Pricing team is responsible for assigning a cost of funds for virtually all assets and liabilities on the balance sheet.  In order to assign a cost of funds, the team works with stakeholders across the Company to create, manage, and implement an effective FTP framework.  Through this function the team enables the business lines to make the right marginal product and pricing decisions, facilitates interest rate risk management of the Company, and provides an essential component to each individual line of business’s Profit & Loss (P&L).

 

The associate will be responsible for supporting the FTP technology space and several key enterprise projects. In this capacity, the candidate will be expected to support model development and maintenance, data analytics, and enhancements in our processes and infrastructure. 

 

The role requires exceptional problem solving, technical expertise, innovation, analytical and communication skills. The successful candidate must demonstrate the ability to work collaboratively across teams to understand highly technical projects and their implications on FTP and our infrastructure, and leverage new technologies to continue to improve our models and processes. 

General Responsibilities:

• Use Python and/or Spark to build and maintain automated scripts that calculate FTP rates

• Build and unit test production level code

• Support the development of a well-controlled framework to manage the funds transfer pricing infrastructure

• Maintain the efficiency and accuracy of our models through continuous improvement and application of best practices

• Develop and maintain high quality and transparent documentation

• Ensure appropriate governance in our space as it pertains to Enterprise Data standards and Enterprise Risk/Model standards

• Collaborate across the team resolve issues in the production processes and understand new strategies and products and their implications to our models

• Support cross functional enterprise projects that impact our data sourcing and FTP calculations

Basic Qualifications:

• Bachelor's Degree or military experience

• At least 2 years of experience in financial analysis, business analysis, or a combination

• At least 1 year of experience programming with Python or Spark

• At least 1 year of experience with data management and reporting

Preferred Qualifications:

• 2+ years of banking experience within a treasury or balance sheet management function

• 3+ years of experience in financial analysis & modeling

• 2+ years of experience with AWS

• 2+ years of experience with Spark and SQL

• Proficiency in Scientific Python ecosystems (such as: Pandas, Polars, NumPy, Dask)

• Strong critical thinking and problem solving skills

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $109,000 - $124,400 for Sr. Analyst, Capital Markets & Risk

 

 

 

 

 

 

 

 

 

 

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusiv