Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

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Job Description:

At Regions, the Treasury Portfolio Management Analyst supports the Bank’s Securities Portfolio Managers. The $30B+ Investment Portfolio within Corporate Treasury is managed to generate appropriate risk adjusted returns for the bank while facilitating asset/liability, capital, and liquidity strategies.  The portfolios consist of Mortgage-Backed Securities, Commercial Mortgage-Backed Securities (both Agency and Non-Agency), US Treasuries, Corporate Bonds, and other fixed income products.  The Analyst will assist the Portfolio Manager in a variety of functions including reporting, reinvestment activities, strategy execution, trade attribution, and market research.

Primary Responsibilities

Assists and regularly takes ownership from Portfolio Managers in trade strategies, modeling, market analysis, trade booking, reporting and record keepingOwns Ad hoc portfolio reporting and analysis including strategy pro formaOversees paydown forecasting and reinvestment reporting processPerforms and proactively offers insight into market research and provides market color to Portfolio Managers and broader Treasury and Risk counterpartsPerforms credit surveillance for corporate bondsTracks Community Reinvestment Act (CRA) credits earned from investing in fixed income securitiesProduces monthly materials for the Asset-Liability Committee Meeting (ALCO)Produces reports for various other groups around the bank including Investor Relations and Regulatory ReportingPerforms quarterly Impairment analysis on credit portfolioPerforms impairment stress testing for capital planning and regulatory purposesAssists with month end price verification of securitiesInteracts with Wall Street counterpartsSupports other areas within the Balance Sheet Management team including Asset/Liability ManagementOffers advice and guidance to junior analysts, assisting in the development of necessary skills and the promotion of continuous improvement initiatives

This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay. 

This position is incentive eligible.

Requirements

Bachelor’s degree in Finance, Economics, Statistics, Mathematics, or related fieldSeven (7) years of experience in banking, securities portfolio management or market risk managementExcellent analytical skills, including Excel (VBA)Good verbal and written communication skills including presentation of financial analysisStrong work ethic and self-motivationAbility to work in a team environmentStrong attention to detail

Preferences

Master’s degree in a quantitative discipline preferred (e.g. Finance, Economics, Statistics, Mathematics, etc.)Progress towards CFA designationExperience with Bloomberg Terminal and Excel APIExperience with BlackRock Solutions’ Aladdin platform

Skills and Competencies

Proficient in Microsoft OfficeStrong verbal and written communication skills including presentation of financial analysisAbility to work in a team environmentStrong attention to detail

At Regions, the Derivatives Portfolio Analyst supports the bank’s Derivatives Portfolio Manager. The portfolios under management consist of balance sheet hedging derivatives and residential mortgage servicing rights (MSR) hedging derivatives.  The bank’s Treasury department uses derivative financial instruments, primarily interest rate swaps and option contracts, to facilitate asset/liability management strategies.  The bank’s Treasury department also uses various derivative instruments including swaps, futures, swaptions, and mortgage-backed securities to hedge the market value of its residential MSR asset. 

The Derivatives Portfolio Analyst will assist the Derivatives Portfolio Manager in a variety of functions including trade strategy, execution, attribution, reporting, and market research.

Additional Responsibilities:

Assist Derivatives Portfolio Manager in trade strategies, modeling, market analysis, booking, reporting and record keepingAssist Derivatives Portfolio Manager in daily profit and loss attribution for MSR assetAssist with exotic balance sheet loan pricingWork closely with Business Unit Controllers on developing, testing, and maintaining active fair value and cash flow hedge strategiesInteract with Wall Street counterpartsProduce monthly materials for the Asset-Liability Committee Meeting (ALCO) and various working groups Assist in producing and/or validating materials for regulators and earnings related informationSupport other areas within Balance Sheet Management team team including the Investment Portfolio and Interest Rate Risk 

This position is intended to be onsite, now or in the near future. Associates will have regular work hours, including full days in the office three or more days a week.  The manager will set the work schedule for this position, including in-office expectations.  Regions will not provide relocation assistance for this position, and relocation would be at your expense.  

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$103,457.75 USD

Median:

$149,740.00 USD

Incentive Pay Plans:

This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

Paid Vacation/Sick Time401K with Company MatchMedical, Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/welcometour/benefits.rf

Location DetailsRegions Center

Location:Birmingham, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.