Hedge Closer

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🔥 1 minute ago

🏈 Alabama, Florida, +3 more states – Remote

🏈 Alabama – Remote 🐊 Florida – Remote 🌲 North Carolina – Remote 🌴 South Carolina – Remote ⚔️ Virginia – Remote

💵 $49.9k - $79.7k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

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SouthState Bank

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

🏦 Banking

💸 Finance

💳 Fintech

Banking • Finance • Fintech

SouthState Bank is a financial institution that offers a wide range of banking products and services. It provides personal banking solutions such as checking and savings accounts, credit cards, and online and mobile banking. The bank also offers borrowing options including personal loans, mortgages, and home equity lines of credit. Additionally, SouthState Bank provides investment services like financial and retirement planning. For businesses, it offers small business and commercial banking services, including loans, lines of credit, and cash flow management. They also provide wealth management services for personal and corporate clients.

📋 Description

• Support the Correspondent Division ARC team and Commercial Loan Officers with analytical, marketing, and documentation support for interest rate hedging activity • Provide borrower presentations and review and submit credit memos for hedge approval • Review customer credit analyses and borrower hedging requests • Communicate with Commercial Lenders and borrowers • Review legal closing documents and draft Rate Conversion Agreements • Schedule closings and communicate with internal and external stakeholders • Coordinate with the ARC trading desk to ensure trades are executed correctly • Complete work within department guidelines, accurately and on time • Research and analyze financial data and prepare reports of financial position • Price basic interest rate derivatives, including swaps, caps, floors, and collars • Communicate with customers, CPAs, and internal company comptrollers regarding financial statements, accounting methods, derivative pricing, and related information • Undertake special projects related to the job function

🎯 Requirements

• Bachelor’s degree in business, finance, or accounting is recommended • At least five years of finance/accounting-related work experience in lieu of a college degree in business, finance, or accounting • Understanding of derivative products and financial pricing concepts • Deep knowledge of derivative modeling in Bloomberg • Understanding of commercial credit and underwriting criteria • Ability to model and explain interest rate derivatives pricing concepts • Knowledge of CRE lending • Proficiency with Microsoft Word, Excel, Outlook, Bloomberg, and other departmental software • Ability to use computers efficiently and learn new software programs • Well-organized, accurate, and attentive to detail • Ability to multitask and function well under pressure • Ability to respond to customer and coworker concerns • Ability to follow instructions • Ability to access and interpret information on computer screens, documents, and reports • Secure, distraction-free home office for telecommuting • Reliable private internet connection not supplied through cellular data; cable or fiber preferred • Required annual compliance training and New Employee Orientation

🏖️ Benefits

• Remote or hybrid telecommuting arrangement • Secure home office environment • Reliable private internet connection; cable or fiber preferred • Required annual compliance training • New Employee Orientation • Reasonable accommodations for individuals with disabilities • Travel to meetings as needed