Senior Associate, Funds Transfer Pricing Job at Capital One, McLean, VA

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  • Capital One
  • McLean, VA

Job Description

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 inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website . Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.

No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

Job Tags

Full time, Part time, Local area,

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