Position:                              Intern (6 Month Contract)

Department:                      Capital Markets

Reports To:                         Executive Vice President

Employment Status:     Full-Time, Exempt

Office Location:                Midtown, New York

Job Summary:

A boutique private bank is seeking a versatile candidate with strong analytical and communication skills to assume a multi-faceted role within a growing organization.

Job Specific Responsibilities and Duties: 

• Preparation of materials for Board of Director meetings.
• Produce Excel reports, daily, weekly, monthly and quarterly related to banking activity, interest rates and loan origination.
• Interest Rate Swap market-to-market and daily margin posting.
• Analysis of prospective client portfolios in order to develop proposals
• Corporate and Municipal Bond credit analysis and ongoing surveillance and credit committee member.
• Mortgage Pricing, Bank Liquidity Reporting, Foreign Currency Hedging
• Preparation of quarterly Account Review Committee (ARC) materials and attend ARC meetings for private banking entities.   
• Develop integral knowledge of BNY Pershing NetX360 custodian platform
• Preparation of regulatory and audit responses for external agencies

Basic Requirements:

• Bachelors Degree in Finance, Economics or related major
• MBA or advanced education a plus
• Close attention to detail
• Desire to work in fast paced environment
• Eager to learn complex financial concepts

Compensation:

$25 - $30/hour depending on candidate experience

The job description outlined above is considered a core list of job duties/requirements.  This document should not be considered a complete or comprehensive list.  The incumbent assigned to this position is required to perform the duties listed above.  The incumbent is also expected to adapt to changes and/or additions as needed.  Nothing contained within this document is intended or shall be construed to create or constitute a contract of employment between any employee or group of employees and Emigrant Savings Bank and its Subsidiaries.  Emigrant Savings Bank and its Subsidiaries retains and reserves any and all rights to change, modify , amend, add to or delete from any section of this document as it deems, in its judgment, to be proper.

New York pay range$25—$30 USD