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East Cambridge Savings Bank Jobs

- 82 Jobs
  • Customer Sales & Service Rep I

    East Cambridge Savings Bank 4.0company rating

    East Cambridge Savings Bank Job In Chelsea, MA

    Customer Sales & Service Representative I Department: Retail Grade: 8 East Cambridge Savings Bank's Retail Division is actively recruiting for Customer Sales & Service Representative I. Assigned work location may include Arlington, Belmont, Cambridge, Chelsea, Malden, Medford, Somerville, Waltham, or Woburn. Function : Under the general supervision of the Business Development Sales Manager, perform a variety of customer service functions, identify customer needs and respond to those needs in an efficient and pleasing manner. We are looking for a candidate with: 3 years experience in a retail environment with customer service experience; or a Bachelor's degree with 1 year customer service experience in a retail environment. Retail Banking preferred. Working knowledge of digital banking products 1 year of sales experience in an incentive based role. Demonstrated ability to meet individual sales goals on a Monthly/Annual basis. Working knowledge of the Bank's products and services preferred. Ability to perform a variety of task simultaneously and prioritize activities as required. Excellent interpersonal and communication skills. Must be available to work until closing and Saturday Spanish speaking preferred Essential Job Functions : Greet and assist customers in a professional and personally responsive manner in accordance with the Bank's Customer Service Standards. Provide information to new and existing customers on a variety of products and services. Assist customers with servicing matters and/or questions pertaining to existing accounts. Ensure that mystery shop service standards are achieved. Sell and cross-sell products and services to new and existing customers. Be knowledgeable and understanding of the customers' needs by conducting a needs analysis. Generate and pursue sales leads by telephone, letter and personal contact. Responsible for attaining predetermined sales goals on a monthly/annual basis in accordance with the Bank's Customer Service Standards. Participate in the development of ongoing banking center sales promotional strategies and activities. Train new Customer Sales & Service Representatives, Customer Service Associates and Clerk/Tellers in entry-level work and customer service standards; and review new procedures and services with trained staff. Evaluate work performance. Cultivate strong relationships with back office service partners to ensure delivery of high quality customer service, ongoing communication needs and operational consistency. Open and close all types of products. Enter holds and provide customer with appropriate notice. Ensure that disclosures are completed and distributed to customer. Ensure that all documents are processed and distributed to appropriate departments on a daily basis. Recognize and refer any problems or difficult situations to a supervisor. Process work on a specific day according to customers' instructions, such as TDC renewal, closeout, transfers, etc. Ensure on daily basis, proper documentation and accuracy of transactions and balance work. Verify all cash transactions and that cash is in proof. Complete all required Bank Secrecy Act training annually and maintain knowledge of current BSA related policies and procedures. To assist with Bank Secrecy Act compliance, recognize and document currency transactions and checks purchased in excess of $10,000, as well as checks purchased between $3,000-$10,000. Identify and report potential suspicious activity. Process customers' transactions through the computer and research customers' accounts through the computer. Perform as a Customer Service Associate when office needs dictate. Supportive Job Functions: As needed, participate in community activities to promote a positive image for the Bank. Redeem US Savings Bonds, sell travelers checks, and assist with outgoing wire transfers. Make appropriate changes to accounts, such as title, address, TIN. Set up Direct Deposit and PATS for customers. Maintain interest rate chart and all bank services literature in the lobby area. Process office correspondence as required. Contact our Human Resources Division or visit ******************** for more details and to apply. Or submit your resume to: Email: **************** Fax: ************ Phone: ************ East Cambridge Savings Bank, Attn: Human Resources 344 Cambridge Street Cambridge, MA 02141 East Cambridge Savings Bank is an Equal Opportunity Employer/Veterans/Disabled
    $41k-56k yearly est. Easy Apply 18d ago
  • Residential Loan Officer

    East Cambridge Savings Bank 4.0company rating

    East Cambridge Savings Bank Job In Woburn, MA

    East Cambridge Savings Bank's Lending Division is actively recruiting for Residential Loan Officers Function : Under the general direction of the Secondary Market Lending Sales Manager, solicits and develops new sources of business and loan opportunities and originates residential loan products in accordance with established Bank policies and procedures. We are looking for candidates with: Proven loan origination sales experience at local bank or mortgage lender 2 or more years of mortgage origination experience preferred Familiarity with Middlesex County preferred Knowledge and understanding of secondary market underwriting guidelines Well developed interpersonal, communication and customer service skills Ability to travel freely and work without direct supervision Able to register as a licensed Mortgage Loan Originator as required under the S.A.F.E. Act Essential Job Functions: Responsible for selling and originating high quality mortgage loans to meet established production goals. Develops relationships with attorneys, local housing agencies, developers and real estate brokers to generate new mortgage business. Solicits customers generated through various channels, including but not limited to external contacts, First Time Home Buyer seminars, telephone or electronic e-mail leads, the Bank's website, etc. Analyzes each applicant's data, working with the borrower to prepare a complete application. Initiates processing and conducts preliminary underwriting. Determines and recommends appropriate loan products to meet the needs of the customer. Approves consumer loans up to established limits. Manages the customer experience. Serves as the liaison between all parties i.e. Brokers, borrowers, and the Bank during the application process for mortgage loans. Prior to closings, acts as liaison with attorneys to ensure documentation is accurate and consistent. Responds to customer questions and inquiries. Establishes and maintains effective working relationships with Banking Center personnel, providing guidance as needed. Maintains a general understanding of all products and services offered to effectively present these products and services to customers. Represents the Bank by participating in various networking, community and industry related activities which includes but is not limited to speaking at Mortgage Seminars, representing the Bank at Mortgage Trade Fairs, acting as a Mortgage Consultant at banking centers, etc. Promotes Bank services and products to potential customers when possible. Keeps abreast of residential and consumer loan products and the applicable State and Federal regulations and compliance issues. Complies fully with all federal, state and local laws and regulations, policies and procedures, including but not limited to the S.A.F.E. Act and its registration, renewal and updating standards. Analyzes each applicant's loan and deposit relationship with the Bank, reviewing how various Bank products may address an applicant's banking needs and ensuring that any appropriate cross sale opportunities have been undertaken. Assists with special assignments/projects, and in the development of new products and services to remain competitive. Contact our Human Resources Division or visit ******************** for more details and to apply. Or submit your resume to: Email: **************** Fax: ************ Phone: ************ East Cambridge Savings Bank, Attn: Human Resources 344 Cambridge Street Cambridge, MA 02141 East Cambridge Savings Bank is an Equal Opportunity Employer/Veterans/Disabled
    $41k-64k yearly est. Easy Apply 18d ago
  • Cash Handler

    Federal Reserve Bank of Boston 4.2company rating

    Boston, MA Job

    CompanyFederal Reserve Bank of BostonAs an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership. This job posting will establish a pipeline of interested individuals for current or future opportunities at the Federal Reserve Bank of Boston. When a position becomes available, applicants who best meet the qualifications will be contacted. Job Summary This position includes the receipt, processing, validation, destruction and payout of currency, and receipt and payout of coin, in a highly controlled, regulated, and secure environment. Strict adherence to a set of defined rules and regulations, including those outlined in the Treasury Currency Operations Manual (TCOM), Custody Control Principles and Standards (CCPS), and internal District Cash Procedures, is required. Principal Accountabilities Acquires job knowledge to pay and receive currency/coin to depository institutions, and/or operate high-speed currency equipment, while achieving challenging production standards and complying with stringent procedures, controls and attendance requirements Balances deposits and processes financial accounting transactions/entries to depository institutions using accounting operating systems and Cash Services unique inventory and processing applications Navigates complex inventory tracking within said systems to record inventory and transfers among internal valuables handling teams and external customers, account for differences and other pertinent data elements Responsible for ensuring the accuracy of the physical counts as well as automated accounting and transfer records Complies with stringent documentation requirements. Obtains counterfeit certification and is able to detect counterfeits and altered notes through manual inspection Required to maintain certification through at least, semi-annual testing. Transfers and stores significant values and quantities of currency and coin using material handling equipment, and maintains custody and accountability throughout completion of these processes Receives training and certification to operate material handling equipment as required by OSHA Demonstrates ability to operate in a confined team environment with high results orientation; displays effective interpersonal skills Identifies and alerts management team to control and procedure exceptions and equipment problems Demonstrates the ability to correct routine mechanical issues with currency verification machines Knowledge and Experience Knowledge normally acquired through the completion of associate degree and/or a minimum of 1-3 related work experience Must be able to push equipment weighing 800 pounds, and up to 40 - 60 pounds repeatedly as well as have the ability to stand for extended periods of time Math, Balancing, Accounting and MS Office proficiency Basic 10-key skills preferred The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service. All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time. Full Time / Part TimeFull time Regular / TemporaryRegularJob Exempt (Yes / No) NoJob CategoryWork ShiftFirst (United States of America) The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. Always verify and apply to jobs on Federal Reserve System Careers (************************************* or through verified Federal Reserve Bank social media channels. Privacy Notice
    $33k-36k yearly est. 60d+ ago
  • FedNow Director Product Strategy

    Federal Reserve Bank of Boston 4.2company rating

    Remote or Boston, MA Job

    CompanyFederal Reserve Bank of BostonFedNow Director Product Strategy Federal Reserve Financial Services (FRFS) delivers a suite of payments services to financial institutions via FedLine Solutions, FedNowSM, Fedwire , National Settlement Service (NSS), FedCash , FedACH (Automated Clearing House), and Check Services. We are currently leading a strategic effort to transform FRFS to a national, enterprise-focused organization. Through our evolved structure, we will meet the needs of the marketplace for new products and services more quickly, seek to provide a more robust and unified customer experience across our financial service offerings, and create new career growth opportunities for FRFS staff. We are seeking leaders to set the vision, strategy, values, and priorities that enable FRFS to achieve its mission. Our leaders must demonstrate a strategic, action-oriented mindset focused on intellectual curiosity, agility, accountability, and the ability to drive innovation through experimentation. To achieve our vision for a people-focused organization with a strong collaborative and innovative culture, we expect our leaders to champion an inclusive environment and demonstrate our values in how we work and interact with each other and our broader community. The Federal Reserve has developed a new interbank 24x7x365 real-time gross settlement (RTGS) platform with integrated clearing functionality, called the FedNow Service. This service enables financial institutions to provide their customers with the ability to send and receive payments any time, any day, and have full access to those funds within seconds. This position is a unique opportunity to be part of this mission-critical Federal Reserve initiative that is transforming the payments landscape in the United States. Candidates that live near one of our Reserve Bank locations will be provided some work from home flexibility. Rules for hybrid work arrangements differs from Bank to Bank and should be discussed during the interview process. Position Contributions - The Product Strategy Director will have the opportunity to spur innovation and shape the future of payments in the US by helping to formulate of a vision and strategy for future value-add products and defining the customer and ecosystem value proposition. The Product Strategy Director will be a subject matter expert on features and functionality of the FedNow service and will be responsible for overseeing the analysis and strategy of a subset of current and future roadmap features. The Product Strategy Director will need to understand the instant payments ecosystem, key players, competitive landscape, and product strategy to make new feature recommendations for the FedNow Service. This role will work closely with partners such as product delivery, credit risk, legal, risk, Board of Governors, marketing, program management, operations and technology to bring to market new capabilities and solution enhancements that are aligned with Federal Reserve objectives, industry needs, and business goals. The Product Strategy Director is a people leader with skills and a passion for delivering high-quality products. You will manage and lead a team by continuously iterating on ideas and defining our value proposition. What you'll be doing: · Product Strategy and Discovery: Assist in development of a multi-year FedNow product roadmap to ensure our services truly meet customer needs, stay ahead of emerging trends, and deliver business value. Lead and oversee product discovery analysis by identifying a business case, assessing the risks, and delivering a recommendation. Identify the business impact of solutions to inform decision making and prioritization. · Industry Research and Analysis: Lead and oversee market and user research and leverage analytics to gather quantitative and qualitative data to make informed product roadmap and requirements recommendations and decisions. · Partner engagement: Lead and oversee close collaboration with cross functional teams to help shape the product roadmap and execute on product strategy. Evangelize the product strategy. Collaborate with stakeholders, ensuring their voices are heard and feedback incorporated during roadmap development and that they are aware of upcoming products, features and services. · Team culture and collaboration: Be an active contributor to the team's collaborative and inclusive culture. Ensure clear and transparent communication with team members and partners. · Leadership: Oversee a team of product strategists, inspire, influence, provide guidance and development opportunities. Develop and deliver presentations to leadership team. What will be expected of you - · Strategic thinking: Establish the vision, overseeing analysis of customer trends, understanding industry needs, and identifying opportunities to enhance the FedNow Service. Take ownership and drive initiatives from concept through implementation. · Collaboration & adaptability: Be a strong and collaborative team player with the ability to effectively partner with cross functional stakeholders across the organization. Be flexible and quick to adapt to new information, market shifts, and evolving business priorities. Explore innovative ways to have the team deliver efficiently. · Focus on the customer: Be a strong advocate for financial institutions and service providers by understanding their challenges and needs through industry engagement. · People Leader: Inspire, enable and empower your team to bring innovative ideas and solutions forward. Prioritize, negotiate, and champion strategic initiatives and recommendations. · Execution and delivery: Oversee the execution of strategic priorities ensuring timely delivery of product discovery analysis and product proposals. Lead product discovery of potential new capabilities by defining the customer problem, conduct market analysis, assess opportunities and risks, and present a recommendation. · Communication: Exceptional communication skills and at ease presenting to leadership teams. Expertise you would bring - · 7+ years of hands-on product management, analytics, strategy experience · 3+ years of experience managing people · 3+ years leading cross-functional product teams · Proven experience in and passion for ideating, building and implementing financial related products · Knowledge of the instant payment landscape and related payments policy; financial industry operational and payment system requirements and market practices · Ability to adjust to evolving business priorities · Proactive and intentional learner willing to quickly understand new systems and methods · Ability to think strategically, problem-solve, and clearly communicate complex ideas to stakeholders · Proven ability to lead a team and deliver results across cross-functional stakeholders · Courage and ability to think differently, and appropriately push for meaningful and impactful change; storyteller that can get others to buy-in to new ideas while clearly communicating the “why” · Strong analytical and problem-solving skills; ability to use data and metrics to back up assumptions and evaluate outcomes; ability to quickly gather, analyze and synthesize complex information · Superior written and verbal communication skills, with ability to express ideas in a clear, concise and compelling manner and tailor communications for different audiences · Bachelor's degree in finance, business administration, public policy, economics, marketing or related field or a combination of commensurate education and experience; MBA/MA preferred The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service. All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. For this job, any offer of employment is contingent upon successfully passing a two-phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks. The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position. Depending upon the sensitivity of the position, this phase may include, and is not limited to, work and residency eligibility verification, and personal interviews with the candidate, references, and prior employers. Full Time / Part TimeFull time Regular / TemporaryRegularJob Exempt (Yes / No) YesJob CategorySupervisory/ManagementWork ShiftFirst (United States of America) The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. Always verify and apply to jobs on Federal Reserve System Careers (************************************* or through verified Federal Reserve Bank social media channels. Privacy Notice
    $155k-201k yearly est. 13d ago
  • Economist

    Federal Reserve Bank of Boston 4.2company rating

    Boston, MA Job

    Economist Location: US-MA-Boston Pos. Type: Full Time Responsibilities: In this role, you will serve as an Economist in the Bank's Research Department, responsible for conducting and publishing original policy-oriented research in the areas of macroeconomics, monetary economics, with a specialization in monetary and fiscal policy over the business cycle and economic growth. Advise Bank President and Board of Directors on topics within field of specialization through commentary, analysis and recommendations (including quantitative, statistical, and/or mathematical and empirical analysis) on monetary policy issues and current macroeconomic and economic growth developments. Select research topics and apply professional tools in a manner expected to meet academic peer review standards and to provide an excellent standard of policy support for Bank senior management. Produce working papers for journal publication and write articles for department publications. Keep abreast of theoretical and empirical developments, and of recent national, regional or international economic and growth trends. Present current research at meetings, conferences and workshops held by the Bank and academic, business, and international organizations. Help to organize workshops, seminars, and conferences as requested. Participate in Bank outreach program and deliver talks to general public on Fed policy and/or research topics. Assist in staff recruitment, reviewing curriculum vitae (CVs) and dissertation abstracts, attending national meetings to conduct interviews, reading and commenting on candidate's working papers, and speaking with references. Qualifications: Must have a Ph.D. degree in Economics. Must have one year of experience in job offered or one year of cumulative experience as a Research Assistant (pre or post degree). Must have research capability in applied monetary economics as demonstrated by at least three research papers (published or working papers) and at least one example of current work in progress. Must have proficiency with quantitative and empirical analysis, as demonstrated by academic course work, papers, or prior experience. Must have two letters of recommendation from dissertation advisors or professors attesting to ability to produce original research that contributes to the economic literature in area of focus. Must be willing to travel up to 25% of the time throughout the U.S. and abroad. Eligible to telecommute 1 day/week anywhere within normal commuting distance of the main office in Boston.
    $143k-187k yearly est. 60d+ ago
  • Nighttime Maintenance Worker

    Cambridge Savings Bank 4.5company rating

    Waltham, MA Job

    NIGHTTIME MAINTENANCE WORKER At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being. We are committed to exceeding expectations, having a strong commitment to diversity and inclusion, and fostering a highly collaborate and customer centric environment. The Nighttime Maintenance Worker is responsible for providing maintenance coverage / support for the Bank's MOC's tenants after normal business hours, including weekends. Responsible for performing a variety of general utility, maintenance, and repair duties throughout the main office complex and branch locations. Key Result Areas: + Troubleshoot maintenance issues and assist with resolving tenant issues at Harvard Square. This may include hands on repairs for minor plumbing issues, changing light bulbs, etc., as well as contacting vendors for larger issues. + Clean the Harvard Square branch and ATM vestibule as well as common areas of Read Block and Dunster, including floors, glass, and trash removal. + Monitor the main office complex exterior throughout the evening, including picking up trash, removing vagrants, and ensuring tenant doors and alley gates are secure. + Coordinate service with contractors; plumbers, drain specialists, duct cleaners, HVAC, etc. + Assist with responding to emergency issues with Belmont tenants. + Monitor JFK St restrooms. + Act as liaison to security department + Perform snow removal when necessary. + Establish and maintain effective working relationships with other employees and customers. + Contribute to the effective team management of all bank problems, issues, and opportunities. + Perform additional duties as required. Qualifications: + 1 year experience performing maintenance work. + General knowledge of custodial and maintenance tasks and repair tasks, including plumbing, and electrical. + Ability to operate various machines and equipment, including hand and power tools. + Have a valid driver's license and a clean driving record (no moving violations in past 6 months and no DUI's, suspended licenses, etc. in past 5 years) + Ability to work overtime, weekends, and holidays, as needed. + Ability to follow standard procedures. + Good communication and interpersonal skills. + Ability to stretch, bend, and lift up 100 lbs. + Ability to lift and move heavy objects (furniture, boxes, etc.), climb ladders, shovel snow. The above description covers the most significant major responsibilities but does not exclude other occasional responsibilities and accountabilities the inclusion of which would be in conformity with the major purpose of this job. Location: Harvard Square - Cambridge, Massachusetts About Cambridge Savings Bank: Cambridge Savings Bank is a full-service banking institution with $7 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers. In March 2023, Kroll Bond Rating Agency affirmed CSB's investment-grade rating, reinforcing the bank's position as a reliable business lender. To learn more about how CSB can meet your needs, visit us at cambridgesavings.com , or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. Equal Housing Lender. NMLS # 543370 Cambridge Savings Bank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We are a VEVRAA Federal Contractor.
    $38k-52k yearly est. 16d ago
  • Counsel

    Federal Reserve Bank of Boston 4.2company rating

    Boston, MA Job

    CompanyFederal Reserve Bank of BostonAs an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership. It is anticipated that you will work on a Hybrid basis under the Bank's "Hybrid" categorization of this role. You agree to work in the FRB Boston office and with a schedule agreed upon with your management team. The current hybrid policy is that you spend at least half of your working days over the course of each month in person (either on-site at the Bank, or on Bank business elsewhere). This arrangement will be reviewed periodically as the Bank assesses hybrid work arrangements. While working from your home office, you agree to have the appropriate office set up to support your full engagement and protection of Federal Reserve information. It is expected that you reside within the First District and remain located within the district. Counsel Seeking a senior attorney responsible for acting as legal counsel to the Bank for legal and policy matters related to: bank supervision & regulation, financial stability, and systemic risk. Successful candidate will demonstrate excellent oral and written communication skills, strong analytic and interpersonal skills (including the ability to interact effectively with management and staff at all levels of the organization), personal initiative, and adaptability in working across legal disciplines. Must also possess excellent attention to detail and strong organizational skills (including ability to handle multiple assignments and organize projects and see through their successful completion with minimal supervision). Responsibilities Analyze, conduct research, and otherwise assist in developing the Bank's and/or the System's position on legal and policy matters in areas relating to bank supervision and regulation, financial stability, and systemic risk. Provide legal advice and counsel to Bank officers and senior staff on legal and policy matters related to assigned areas of responsibility or other areas of Bank activity or involvement as may be requested. Work with the Federal Reserve Board of Governors' legal staff and other Federal Reserve Bank legal staff on legal matters. Represent the Bank at key meetings or agency proceedings related to areas of responsibility or expertise. Respond to inquiries from public and legal professionals, and speak publicly, on matters/areas of responsibility. Serve as in-house counsel to other departments or areas in the Bank as may be assigned or requested from time-to-time. Review various types of banking applications (e.g., bank holding company, merger, membership) and participate in Bank and Board of Governors meetings with outside counsel to discuss activities of banks and financial institutions. Maintain contact with attorneys at, and serve as a liaison to, other agencies regarding matters and policy related to supervision and regulation, financial stability, and systemic risk and/or other areas of responsibility. Perform other duties as assigned. This position typically is not required to directly supervise others. The incumbent may be requested from time-to-time to supervise an intern or a member of the Legal Department's support personnel. Knowledge & Experience Knowledge and experience normally acquired through, or equivalent to, the completion of a Juris Doctor degree, admission to the Massachusetts Bar, and a minimum of 8 years of relevant banking/financial institution law experience required. Experience in bank supervision & regulation preferred. General in-house corporate law or agency experience could be a plus. Preferred qualifications include: strong drafting, negotiating and analytic, written and oral communication skills; ability to juggle multiple client requests and needs and to adjust priorities; ability to think creatively and strategically; highly collaborative; strong attention to detail; receptivity to continuous learning; and a proactive approach to recognizing needs, anticipating issues, and solving problems. All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time. As a condition of employment, all Federal Reserve Bank of Boston employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning financial interests - such as stocks or bonds - from banks, savings associations, and systemically important financial institutions or their affiliates, such as bank holding companies or savings and loan holding companies. If you, your spouse or domestic partner, or your minor child own such assets and would be unwilling or unable to divest them if you were to accept a job offer, you should raise this issue with our recruitment team. Applicants should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions. Full Time / Part TimeFull time Regular / TemporaryRegularJob Exempt (Yes / No) YesJob CategoryWork ShiftFirst (United States of America) The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. Always verify and apply to jobs on Federal Reserve System Careers (************************************* or through verified Federal Reserve Bank social media channels. Privacy Notice
    $94k-123k yearly est. 3d ago
  • IT Risk Specialist, Regional and Community Bank Supervision

    Federal Reserve Bank of Boston 4.2company rating

    Boston, MA Job

    CompanyFederal Reserve Bank of BostonIT Risk Specialist As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership. Always verify and apply to jobs on Federal Reserve Bank of Boston Careers or through verified Federal Reserve Bank social media channels. The Regional and Community Bank supervisory unit is looking for a candidate to join our team. Your primary focus will be participating in and leading reviews of information technology at regional and community banks and third-party service providers. You will assess information technology risk exposures and the risk management programs of the institutions through participation in on-site examinations and regular monitoring practices of business activities to ensure they operate in a sound manner, and comply with applicable banking laws, regulations, and policy statements. You will formulate conclusions and effectively communicate findings to bank management to influence change. You will be provided with an excellent opportunity for personal and professional growth. The position requires the ability to successfully complete the IT bank examiner commissioning program. The position and posted is for a Specialist. However, you will be placed into an appropriate level within the Specialist family based on degree of experience. This job is eligible for a hybrid schedule with at least 50% on-site work expected. Responsibilities: Lead or participate in IT examinations, and or/special projects related to information technology risk successfully overseeing assigned resources, deliverables, and timelines. Display good judgement, well-reasoned decision making, and ability to problem solve. Lead or assist in the development of IT related risk assessments and supervisory strategies, and the vetting of examination scopes and findings. Prepare informative, well-supported supervisory products and work papers including required actions to senior management and boards of directors. Under limited oversight, present both verbally and in written form to internal and external stakeholders Maintain expertise in information technology (including cybersecurity) risk. Identify emerging institutional, regional, economic, and industry issues and their potential impact. Maintain current awareness of relevant regulations, laws, issues, trends and ongoing developments in information technology and in the broader financial services industry. Lead or participating on high-level projects, workgroups, and strategic projects. Contribute to the understanding of latest risk, risk management practices and changes in policies, procedures, tools or guidance on a System basis. Advanced technical knowledge of IT and information security risk management programs, measurement tools, models, control frameworks, and risk indicators used to make decisions on IT/cybersecurity risks for an organization. Capability to evaluate a broad range of an institutions' IT and information security framework, including, risk management and compliance programs, payment processing activities, and resiliency of operations. Knowledge and Experience: Knowledge and experience normally acquired through, or equivalent to, the completion of a Master`s Degree and/or obtainment of other advanced professional designations, licenses, or certifications and either 10 years of commensurate financial industry or regulatory work experience Appropriate industry certifications are preferred. (e.g. CISSP, CISA, CISM, CCSP, etc.) Experience and knowledge of ACH process and wire transfer controls are beneficial Ability to travel is required (approximately 30% of work schedule on average). Our total rewards program offers benefits that are the best fit for you at every stage of your career: Comprehensive healthcare options (Medical, Dental, and Vision) 401K match, and a fully funded pension plan Paid vacation and holidays; flexible work environment, healthy workflow Generously subsidized public transportation Annual tuition reimbursement Professional development programs, training and conferences And more… The Federal Reserve Bank is committed to a diverse, equitable and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service. As a condition of employment, all Federal Reserve Bank of Boston employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning financial interests - such as stocks or bonds - from banks, savings associations, and systemically important financial institutions or their affiliates, such as bank holding companies or savings and loan holding companies. If you, your spouse or domestic partner, or your minor child own such assets and would be unwilling or unable to divest them if you were to accept a job offer, you should raise this issue with our recruitment team. Applicants should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions. This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. For this job, any offer of employment is contingent upon successfully passing a two-phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks. The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position. Depending upon the sensitivity of the position, this phase may include, and is not limited to, work and residency eligibility verification, and personal interviews with the candidate, references, and prior employers. All applicants must have been a US Citizen or a permanent resident who also resided in the United States for at least three (3) years. All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. All candidates must undergo an enhanced background check and comply with all applicable information handling rules. The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time. Full Time / Part TimeFull time Regular / TemporaryRegularJob Exempt (Yes / No) YesJob CategoryWork ShiftFirst (United States of America) The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. Always verify and apply to jobs on Federal Reserve System Careers (************************************* or through verified Federal Reserve Bank social media channels. Privacy Notice
    $86k-102k yearly est. 60d+ ago
  • FedNow Data Specialist, Fraud Prevention

    Federal Reserve Bank of Boston 4.2company rating

    Remote or Boston, MA Job

    CompanyFederal Reserve Bank of BostonFederal Reserve Financial Services (FRFS) delivers a suite of payments services to financial institutions via FedLine Solutions, FedNowSM, Fedwire , National Settlement Service (NSS), FedCash , FedACH (Automated Clearing House), and Check Services. We are currently leading a strategic effort to transform FRFS to a national, enterprise-focused organization. Through our evolved structure, we will meet the needs of the marketplace for new products and services more quickly, seek to provide a more robust and unified customer experience across our financial service offerings, and create new career growth opportunities for FRFS staff. We are seeking leaders to set the vision, strategy, values, and priorities that enable FRFS to achieve its mission. Our leaders must demonstrate a strategic, action-oriented mindset focused on intellectual curiosity, agility, accountability, and the ability to drive innovation through experimentation. To achieve our vision for a people-focused organization with a strong collaborative and innovative culture, we expect our leaders to champion an inclusive environment and demonstrate our values in how we work and interact with each other and our broader community. The Federal Reserve has developed a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality, called the FedNow Service. This service enables financial institutions to provide their customers with the ability to send and receive payments any time, any day, and have full access to those funds within seconds. This position is a unique opportunity to be part of this mission-critical Federal Reserve initiative that is transforming the payments landscape in the United States. Candidates that live near one of our Reserve Bank locations will be provided some work from home flexibility. Rules for hybrid work arrangements differs from Bank to Bank and should be discussed during the interview process. The FedNow product team is seeking a highly skilled Fraud Data Analyst to enhance our fraud prevention strategies through advanced analytics, fraud detection tools, and data-driven insights. The ideal candidate will have strong experience in fraud analytics, statistical analysis techniques, and fraud detection models, along with a passion for mitigating fraud across the financial sector. Key Responsibilities: Analyze transactional and behavioral data to detect, monitor, and prevent fraud Recommend, test, and implement new fraud rules to strengthen our organization's fraud detection frameworks Work with fraud analytics and modeling tools to develop, validate, promote, and monitor fraud models. Use fraud detection tools to enable end-to-end workflows, including data ingestion, transformation, modeling, and performance monitoring. Apply data generation and transformation techniques to ensure the integrity and quality of datasets used for fraud detection. Perform statistical analysis and build predictive models to uncover hidden patterns and fraud risk indicators Monitor fraud model performance and identify opportunities for optimization. Create dashboards, reports, and materials to communicate fraud metrics and insights to internal stakeholders Stay current on emerging fraud trends, technologies, and regulatory requirements to inform strategy. Collaborate with specialists including data scientists, systems architects, information security architects, and product managers to develop and implement fraud prevention strategies Qualifications: Bachelor's degree in data science, statistics, computer science, business, or a related field (Master's degree preferred) 5+ years of experience in data analysis with at least 3 years in fraud analytics or prevention in the financial services industry Hands on experience with fraud detection tools, including both industry-standard solutions and specialized niche tools. Proficiency in querying and analyzing large datasets using SQL, Python, R, or similar tools Expertise in data cleaning, transformation, and integration. Expertise in statistical and predictive analysis Experienced in creating and validating fraud prevention rules to identify, prevent, and mitigate fraudulent activities. Ability to communicate technical concepts effectively to technical and non-technical audiences Strong problem-solving skills, attention to detail, and a data-driven mindset The Federal Reserve System is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service. All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time. Full Time / Part TimeFull time Regular / TemporaryRegularJob Exempt (Yes / No) YesJob CategoryWork ShiftFirst (United States of America) The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. Always verify and apply to jobs on Federal Reserve System Careers (************************************* or through verified Federal Reserve Bank social media channels. Privacy Notice
    $79k-95k yearly est. 23d ago
  • People Committee Program Manager, Director

    Federal Reserve Bank of Boston 4.2company rating

    Boston, MA Job

    CompanyFederal Reserve Bank of BostonStrong Program Manager to support the Bank officers as we support the People Committee secretary as the Boston Fed takes over ownership in 2025 and beyond. People Committee Program Manager, Director ABOUT THE FEDERAL RESERVE BANK OF BOSTON The Federal Reserve Bank of Boston is one of the 12 Federal Reserve Banks that, together with the Board of Governors in Washington, D.C. make up the Federal Reserve System. We (the “Boston Fed,” the “Bank”) serve the First Federal Reserve District that includes the six New England states: Connecticut (excluding Fairfield County), Massachusetts, Maine, New Hampshire, Rhode Island, and Vermont. With the overarching vision of a vibrant economy that works for all, the Boston Fed promotes sound growth and financial stability in our region and the nation and helps to formulate and implement monetary policy. Our contributions to the First District and the nation are founded on high-quality research and bank supervisory activities, excellence in supporting financial services and financial markets stability, leadership in payments innovation, and an active commitment to supporting economic well-being in communities. The Bank holds several key System roles, including leading the Financial Support Office, which directs financial management for the System, including managing the budget and related technology programs. The Bank develops and leads innovative payments programs. One example is the recently launched FedNowSM Service (“FedNow”), a real-time gross payments settlement system. The Bank also played a central leadership role in the Federal Reserve's crisis responses during both the Great Financial Crisis (2008) and the global pandemic (2020). The Bank is a thought leader and innovator in numerous areas, including financial stability, monetary policy, and community development. The Boston Fed employs approximately 1,300 people, based primarily in the First District, with an annual budget in 2024 of $440+ million. We are proud of our strong organizational culture, which is built on our four core values: diversity and inclusion, innovation, integrity, and leadership. We build institutional expertise and flexibility by identifying, engaging, and developing a highly trained and diverse workforce. Our inclusive work environment respects and fully values our employees' individual strengths, including their different backgrounds, personalities, and thought processes. We are a visible business leader in Greater Boston and throughout the First District, serving as an important business community advisor and nonpartisan convener of ideas in areas of economic and workforce development. Our President and Bank leaders are engaged with numerous organizations that support the First District community, including professional associations and nonprofit and academic boards. Position Overview As the People Committee Program Manager, Director, the individual will report to the People Committee Secretary and support all aspects of People Committee strategy, programming and operations needed for the People Committee to deliver on its scope of responsibilities, as required by the People Committee Chair and overseen by the People Committee secretary. This work is expected to extend collaborating with and supporting Federal Reserve System and FRB Boston teams engaged in People Committee strategic initiatives. The Program Manager will be responsible for defining, developing, and successfully executing People committee operating and communications models that maintain proactive and productive working relationships with relevant stakeholders. This individual will work collaboratively across the System groups with which the People Committee engages with across the Federal Reserve System - Subcommittee on Human Resources (SOHR) System Diversity, Equity & Inclusion (SDEI) Office of Employee Benefits (OEB). Additional connectivity and bi-lateral engagement with the Federal Reserve System Presidents (COP, Team 26), First Vice Presidents (CFVP, Team 26), and other relevant System governance groups. This position will develop and foster relationships with key People Committee stakeholders, be responsive to evolving needs, and communicate effectively across all levels of the People Committee's System engagements. Key Responsibilities Provide People Committee programmatic, strategic and operations support, including generating People Committee meeting agendas in collaboration with the People Committee Chair and Secretary, independently developing minutes and action items; supporting regular discussions of SOHR, OEB, and SDEI leadership with the People Committee Chair and Vice Chair; and keeping the People Committee Sharepoint site current, organized and adherent to records management policies. Facilitate the People Committee's development of High Priority Initiatives and associated success criteria, and measuring and reporting against such success criteria; Support the People Committee's review, approval and monitoring of SOHR, SDEI and OEB HPIs against HPI milestones, working closely with SOHR, SDEI and OEB leadership; Coordinate with the People Committee Secretary to engage and collaborate with the secretaries and Chairs of related governance groups (SOHR, SDEI, OEB, COP, Team 26, etc.) to ensure two-way communication and information is flowing between groups and to partner as needed on joint initiatives. In conjunction with the People Committee Chair and Secretary, identify, manage, and communicate risks, issues, decisions and dependencies in the People Committee's portfolio of work to relevant stakeholders. For People committee HPIs and/or People Committee chair initiatives, lead usage of PMO standards, processes and tools and ensure adherence from HPI contributors. Knowledge, Skills and Experience Required 10+ years experience in program management, effectively delivering programs from start to finish. Background in Human Resources or Diversity, Equity and Inclusion - ideally within the Federal Reserve System preferred, but not . Expertise with Microsoft toolset (Project, PowerPoint, Excel, SharePoint). Collaborative team player, capable of working well with others, but also autonomously with little direction. Comfortable facilitating and leading discussions with large groups and senior stakeholders. Excellent communication and presentation skills. Excellent organizational, multi-tasking, and time-management skills; self-starter, proactive. Ability to work effectively through ambiguity. OTHER REQUIREMENTS Eligibility to work in the United States. This job is eligible for a hybrid schedule with at least 50% on-site work expected. The individual is expected to reside in the 1st District unless given an exception. Willingness to travel infrequently to primarily domestic locations. ETHICS CONSIDERATIONS & PROHIBITED ACTIVITIES It is indispensable to the proper functioning of, and the maintenance of public confidence in, the Federal Reserve, for the Bank and the System to function properly and maintain high public confidence. It is essential for every employee to perform their duties with honesty, integrity, and impartiality, without improper preferential treatment of any person or organization. Bank employees are subject to federal criminal statutes that prohibit financial conflicts of interest ( e.g., an employee cannot work on any matter in which they or certain employee-affiliated parties have a financial interest). In addition, the Bank's code of conduct generally prohibits activities such as: Outside activities that are inconsistent with the employee's duties and responsibilities, e.g., holding a position as a director of a publicly traded company Certain partisan political activities, such as fundraising or holding partisan elected office As a condition of employment, all Federal Reserve Bank of Boston employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning financial interests - such as stocks or bonds - from banks, savings associations, and systemically important financial institutions or their affiliates, such as bank holding companies or savings and loan holding companies. If you, your spouse or domestic partner, or your minor child own such assets and would be unwilling or unable to divest them if you were to accept a job offer, you should raise this issue with our recruitment team. Applicants should review the Bank's Employee Code of Conduct to ensure compliance with conflict-of-interest rules and personal investment restrictions. The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service. All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch lists at least once every five years. The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities, or skills associated with this position or the personnel so classified. While this is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time. Full Time / Part TimeFull time Regular / TemporaryRegularJob Exempt (Yes / No) YesJob CategoryWork ShiftFirst (United States of America) The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. Always verify and apply to jobs on Federal Reserve System Careers (************************************* or through verified Federal Reserve Bank social media channels. Privacy Notice
    $116k-142k yearly est. 60d+ ago
  • Data Analytics Business Analyst

    Federal Reserve Bank of Boston 4.2company rating

    Boston, MA Job

    CompanyFederal Reserve Bank of BostonAll applicants must be a US Citizen or Permanent Resident who have resided in the US for at least the last 3 years. This job is available on a Hybrid schedule with at least 50% of the office time expected onsite. The SRC Partners Group (SRCP) of the Supervision, Regulation, and Credit (SRC) Department of the Federal Reserve Bank of Boston (FRBB) has an opening for a Business Analyst. SRCP is responsible for the department's Communications, Finance, Learning, Information Security, Conference/Office Management, Quality Management, Records Management, and more. Principal Responsibilities: Manage security and maintain division records of access to various outside environments (e.g. FDIC, OCC, BOG). Provide expert level user support across the department's information security. Develop and facilitate training for department users. Possesses thorough understanding of complex data, tools, and technology to perform routine and non-routine data querying. Leverage expertise to create reports and visualizations of data. Under some supervision performs business analysis on complex department data, including, financial, structure, supervisory, time tracking, conflicts, records data among others. Analyzes business problems with appropriate logic and fact-finding and begins to identify underlying issues or problems and recognizes trends and cause and effect relationships. Trains others and performs troubleshooting when errors occur. Collaborates with team members within the unit, the department, the Bank and the System. Coordinates own work with others in group projects. Manages workflow independently with occasional communication with supervisor. With some oversight, presents both orally and in written form on non-complex business matters to internal and external stakeholders, System colleagues, and the Board of Governors. Demonstrates flexibility and ability to adjust to new and different priorities. Perform business impact analysis, crisis planning, and post event assessments/lessons learned related to business information security events. Develop, analyze, and improve new and existing procedures and documentation. Participate in System, Interagency, Bank or departmental initiatives such as workgroups, taskforces and peer reviews. Desirable Knowledge and Skills: A minimum of 3 years technical proficiency in Active Directory (AD) groups, SAFR, and familiarity of management information systems, audit and internal controls in a similar role. Proficiency using Python, SQL, R, SAS, or similar programming and analytics tools. Experience in utilizing using Tableau, PowerBI, Shiny or other data visualization tools. Meticulous attention to detail, can organize multiple reviews at once, arranges and organizes information and files in a useful manner. Skilled planner, accurately scopes out length and difficulty of projects, develops schedules and tasks to meet deadlines, anticipates and adjusts for roadblocks. The Federal Reserve Bank is committed to a diverse, equitable and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service. This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. All candidates must undergo an enhanced background check and comply with all applicable information handling rules. The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time. Last Update: 01/2025 Full Time / Part TimeFull time Regular / TemporaryRegularJob Exempt (Yes / No) YesJob CategoryWork ShiftFirst (United States of America) The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. Always verify and apply to jobs on Federal Reserve System Careers (************************************* or through verified Federal Reserve Bank social media channels. Privacy Notice
    $59k-66k yearly est. 8d ago
  • Application Developer

    Federal Reserve Bank of Boston 4.2company rating

    Boston, MA Job

    CompanyFederal Reserve Bank of BostonAs an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership. This job is eligible for a hybrid schedule with at least 50% on-site work expected. The role provides general application development support for the entire Bank. Activities include Power Platform Application Development, workflow automation, SharePoint Online Development, and general support of our cloud portfolio of products. The role involves meeting with departmental stakeholders, refining requirements, developing solutions, testing and deploying solutions to production. The developer is expected to have expertise in the Microsoft Power Platform, SharePoint Online, C#, JavaScript, SQL and an understanding of cloud software development using Azure or AWS. This position supports our existing portfolio and fulfills demand for building application development solutions. This role will also support the Bank's Technical Innovation Strategic Priority and other goals within the Federal Reserve System. The IT department at Federal Reserve Bank of Boston (FRBB) delivers critical solutions across Bank business units. The mission of the application development team is empowering stakeholder success by delivering intuitive solutions and solving their biggest challenges. Responsibilities: • With some oversight, deliver software development solutions to stakeholders across the Bank • Researches, analyzes, and recommends solutions for business problems • Applies operational break fixes and performs other proactive maintenance activities • Designs software solutions based on business requirements • Executes all development efforts across the SDLC • Builds reusable code and libraries • Reviews and fixes defects found by quality assurance team • Provides technical guidance or system process expertise • Delivers code using DevOps methodologies • Ensures all applications are documented according to standards • Provides some oversight, guidance, and knowledge-sharing with junior members of the application development team • Provides exemplary technical support (24-hour support when necessary) • Performs other duties as assigned Knowledge & Experience: • Bachelor's degree in computer science or a related field preferred • 2-3 years of proven work experience as a Software Engineer or Software Developer using programming languages or platforms; see below for specifics • Experience working in a team environment • Working knowledge of data storage including both relational (SQL) and non-relational (NoSQL) databases • Working knowledge of Web standards including HTML, CSS, and others • Analytical mind with problem-solving aptitude • Basic understanding of cloud computing and cloud DevOps tools (such as CloudFormation, Terraform) and data services • Basic understanding of Agile frameworks Programming languages/platforms specific to our software development disciplines: Custom Application Development: - C#, Java, JavaScript, or other comparable languages Low Code / No Code - Microsoft PowerPlatform or equivalent The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service. All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time. Full Time / Part TimeFull time Regular / TemporaryRegularJob Exempt (Yes / No) YesJob CategoryWork ShiftFirst (United States of America) The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. Always verify and apply to jobs on Federal Reserve System Careers (************************************* or through verified Federal Reserve Bank social media channels. Privacy Notice
    $79k-90k yearly est. 8d ago
  • Corporate Banking Portfolio Manager

    Cambridge Savings Bank 4.5company rating

    Waltham, MA Job

    Corporate Banking Portfolio Manager At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being. We are committed to exceeding expectations and having a strong commitment to diversity and inclusion. The Corporate Banking Portfolio Manager, under the supervision of the FVP Head of Commercial Portfolio Management, will assist with managing the credit risk and loan quality of the C&I loan portfolio, through the preparation of credit analyses for loans being proposed, renewed, or reviewed. In addition, the Corporate Banking Portfolio Manager is tasked with developing background information, spreading of financial statements in Sageworks, analyzing financial and other information, and preparing loan packages for use in the commercial loan approval and review process. Key Result Areas: Support and assist C&I loan officers as needed: + Provide support as needed to loan officers with preliminary underwriting review of new prospective loans, research industries, collect market, business and financial information, and spreading financials. + Work with loan officers on existing loan modifications/extensions, information gathering, assist in preparation of the LOS and other portfolio customer related issues. + Assist in managing the credit approval process for the completed new loan and existing loan renewal process from origination to closing and post-closing monitoring. + Assist loan officers in preparing and updating credit file rating summaries and portfolio reviews. + Assist loan officers in the ordering and review of third-party reports. + Review all legal documents with account officer to ensure compliance with the loan approval prior to closing and be a secondary contact to the Bank's attorneys. Collection and monitoring of C&I borrower financial information as required by loan approvals. Responsibilities include: + Work with C&I customers for the timely collection of contractually required corporate financial statements, interim financials, A/R aging reports, guarantor financial statements, and tax returns via scheduled communications including letters, emails and follow-up phone calls. + Monitor credit quality through the review of financial reporting information and covenant compliance calculations to provide early warning of possible deterioration and maintenance of appropriate risk ratings. + Perform credit investigations on borrowers when required by contacting suppliers and customers, obtaining bank references, and reviewing personal and business credit reports. Management Reports: + Responsible for collecting information and completion of regularly scheduled C&I management reports. + Oversee the tracking of individual financial exceptions, including financials, annual reviews, covenant compliance calculations, etc. and work with the Loan Officers to clear them. Customer Contact: + Provide day-to-day point of contact for customer service issues that arise within the client base and promote superior customer service. + Attend joint client calls with lending officers, when appropriate; to better understand aspects of credits being analyzed and become the secondary contact for all requests. Additional Responsibilities: + Ensure that the Bank's guidelines, loan policies, and procedures are adhered to in approval of new and existing loans. + Establish and maintain effective working relationships with other departments in the Bank. + Design and development of various loan concentration and property sensitivity analysis reports in cooperation with Risk Management and Credit Department on an as needed basis. + Cross-departmental collaboration and assistance with the CRE Portfolio Management department on an as needed basis. + Perform additional duties as required. Qualifications: + Four-year college degree, preferably in business, finance, economics or accounting. + 3-4 years credit analysis experience, to include C&I experience. + Completion of a formal credit training program. + Solid understanding of financial accounting, along with strong analytical and computer skills. + Knowledge of commercial lending operations and regulations preferred. + Strong communication, customer service and interpersonal skills. + Ability to work independently and meet deadlines. Location: Hybrid/Waltham, Massachusetts About Cambridge Savings Bank: Cambridge Savings Bank is a full-service banking institution with $7 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers. In March 2023, Kroll Bond Rating Agency affirmed CSB's investment-grade rating, reinforcing the bank's position as a reliable business lender. To learn more about how CSB can meet your needs, visit us at cambridgesavings.com , or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. Equal Housing Lender. NMLS # 543370 Cambridge Savings Bank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We are a VEVRAA Federal Contractor. #LI-Hybrid #LI-Hybrid
    $97k-130k yearly est. 27d ago
  • Teller - Waltham, MA

    Brookline Bancorp, Inc. 4.1company rating

    Waltham, MA Job

    About Brookline Bank Since 1871, Brookline Bank has built a legacy of consistent financial strength, trust, outstanding banking services, and strong customer relationships. Today, we have 29 branches that deliver an expanding array of valuable banking and financial services geared to helping individuals and businesses manage their finances. As a trusted financial resource to our customers, it's our everyday commitment to do more, deliver more, and exceed expectations. What is Brookline Bank's most valuable asset? Our employees! That's why we offer competitive pay and excellent benefits which includes a matching 401k. We pride ourselves on hiring candidates that embrace our Core Four values: adaptability, accountability, leadership, and teamwork. Brookline Bank provides a great working environment that offers opportunities for advancement. We are currently hiring a Teller in our Waltham branch. As the primary contact, Tellers greet customers in a friendly and professional manner and process transactions with speed and accuracy. The ideal candidate should have cash handling experience and excellent customer service skills. If you believe you have what it takes and are interested in joining our team then please apply today! Principal Duties and Responsibilities * Maintain and balance a cash drawer * Balance within an acceptable time limit and within the guidelines of the Teller Variation Policy. * Process routine teller transactions * Cash checks within established check cashing limits, follows check cashing policy and seeks supervisory approval when necessary. * Follows all bank policies and procedures including security of the bank's assets to minimize exposure * Basic knowledge of bank products and services * Identify sales opportunities * Contribute to the overall branch goals Required Skills * Cash handling experience * Retail banking or customer service experience * Excellent communication skills * Basic computer knowledge * Positive attitude * Work involves sitting, extended period of standing, occasional walking and lifting up to 50 pounds
    $33k-37k yearly est. 4d ago
  • Security Systems Engineer

    Federal Reserve Bank of Boston 4.2company rating

    Boston, MA Job

    CompanyFederal Reserve Bank of BostonAll applicants must be a US Citizen or a permanent resident who has also been located in the United States for at least the past three (3) years. This job is based in the Boston office on a hybrid schedule with at least 3 days per week onsite work expected. The individual is expected to reside in the Boston District. This position is primarily responsible for implementing Boston's Vulnerability Management process from detection to remediation. A successful candidate will be able to generate reports and recommend or implement changes to remediate vulnerabilities across multiple lines of business. Responsibilities include configuring reoccurring vulnerability scanning against workstations as well as web applications, developing reporting based on these scan results to be compliant with the latest FRISS standards, and developing and implementing procedures to ensure the confidentiality, integrity, and availability of Federal Reserve information assets. Responsibilities will also include general Information Security Operations tasks where needed, so there will be opportunities to expand other Information Security related skillsets. The position provides leadership and direction to management in the evaluation and disposition of the Bank's information security activities. This position also provides District level consulting support and guidance on Federal Reserve System technology initiatives as they relate to local information security operations/mission and is knowledgeable in the principal technologies of the Bank's mission. Responsibilities Identifies, designs, recommends, and implements procedure/process improvements and enhancements for increased efficiency and effectiveness. Investigates incidents, and insider risks to remediate and determine root causes which in turn is used to strengthen the FRS posture. Interprets and addresses requests and concerns. Develops, maintains, and implements standards, guidelines, and operating policies and procedures. Identifies issues and vulnerabilities, assesses risks, and determines alternatives. Provides support and resolution of security problems by analyzing, troubleshooting, remediating, and resolving issues. • Performs event monitoring and incident response and insider risks by analyzing anomalies, and containing, mitigating, and analyzing cyber incidents • Conducts penetration testing, vulnerability assessments (including remediation efforts), risk management assessments, and general security assessments of hardware, software, and information systems • Conducts complete computer forensics analysis including acquiring device images, ensuring adherence to chain-of-custody, analysis, documenting, reporting, and presenting findings to senior leadership • Performs problem determination as needed and recommends changes to existing procedures or software configurations to reduce risk • Partners with, and provides consultation to, business areas to understand their business functions for consideration of cyber security impacts, policies, and direction • Ensures network and endpoint security by providing assistance with, and assessment of, configuration, applications, and agents. Also provides support in areas such as, but not limited to, ability to understand and troubleshoot encryption (SSL/TLS), web traffic, packet analysis • Advises on the impact of technical changes and exception requests. Analyzes the results of scans, tests, assessments, compliance activities, etc. and reports on results. Provides remediation recommendations • Experience and understanding of automation and scripting in one or more tools and languages • Experience creating dashboards and queries in one or more Security Information Event Monitoring (SIEM) tools for the purpose of automation and correlation • In-depth understanding of various Operating Systems including Windows, Macintosh, Apple iOS Mobile, Unix/Linux to be applied to Incident Response and Forensics activities • Contributes to, and/or leads System level security work groups • Manages complex security projects including planning, scheduling and delivery • Provide commentary on proposed revisions to policy and procedures • Contribute to efforts in support of the Federal Reserve Bank's security awareness and training initiatives. • Participate in and/or lead, System level security work groups. • Continually advance technical knowledge in security-related technologies through self-education and formal training Other Accountabilities • required to perform 24-hour on-call security incident response • Perform other duties as assigned • Will be expected to maintain certifications by obtaining continuing professional education (CPE) credits Required Knowledge and Experience • Knowledge and experience normally acquired through, or equivalent to, the completion of a Bachelor's degree and a minimum of 3 years of related experience. • Working knowledge of NIST 800 series Special Publications and IT Security Program. • Knowledge of Federal Reserve System SAFR/FISMA security requirements. • Knowledge and experience with risk assessments, security plans, and test and evaluation activities. • Ability to develop corrective action plans. • Good organization skills with the ability to exercise discretion and ingenuity to determine the proper course of action while following established standards. • Ability to be innovative with resourcefulness and a strong drive for results. • High level of communication and leadership skills to support and interact with internal and external team members. • Excellent written and verbal communication skills. • Able to maintain strong customer relations across a complex and federated environment. • Keypoint High Classification required Full Time / Part TimeFull time Regular / TemporaryRegularJob Exempt (Yes / No) YesJob CategoryWork ShiftFirst (United States of America) The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. Always verify and apply to jobs on Federal Reserve System Careers (************************************* or through verified Federal Reserve Bank social media channels. Privacy Notice
    $114k-140k yearly est. 3d ago
  • Facilities Specialist - Lincoln, RI

    Brookline Bank 4.1company rating

    Lincoln, MA Job

    Share If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process. **Facilities Specialist - Lincoln, RI** Full Time Services Workers 13 days ago Requisition ID: 2410 **About Brookline Bancorp Inc.** Brookline Bancorp, Inc. is a multi-bank holding company for Brookline Bank and Bank Rhode Island and their subsidiaries. Headquartered in Boston, MA, the Company has more than $8 billion in assets and branches throughout Massachusetts and Rhode Island. As a commercially focused financial institution, the Company, through its banks, offers a wide range of commercial, business and retail banking services, including a full complement of cash management products, on-line banking services, consumer and residential loans and investment services designed to meet the financial needs of small-to mid-sized businesses and retail customers. ***Principal Objective*** Performs physical and mechanical maintenance and repairs to all BankRI owned or leased property, as required. Observes potential problems and takes the proper corrective action as directed in order to minimize any major expenses that could otherwise have been incurred. ***Principal Duties and Responsibilities*** * Performs preventive maintenance and repair of buildings systems and equipment at the Operation center and Rhode Island bank properties, as directed including: furniture, fixtures, locks, electrical, and plumbing. * Performs general grounds maintenance to all bank property as needed. * Sets up and moves office equipment and furniture as needed. * Completes incoming work orders on regular basis which may include, but is not limited to any of the following: painting, carpentry, cleaning, moving, electrical, plumbing, masonry work, roof work, courier service, etc. * Establish professional rapport with internal customers and vendors. ***Job Specifications (Skills, Knowledge and Abilities Required)*** * 2 + years general maintenance experience * General knowledge of the principles, practices, tools, and materials used in a variety of building maintenance trades, including carpentry, electrical work, plumbing, and painting. * The ability to perform a variety of semi-skilled tasks in the building maintenance field without close supervision. * The ability to operate a variety of hand power tools used in the building and grounds maintenance trade safely and efficiently. * The ability to lift heavy objects and perform other duties typically required in the building maintenance field. * Occasionally climb ladders to inspect rooftop equipment for maintenance * Limited on call during off work hours, as required * Valid driver's license and must be able to be insured by bank's auto policy. * Basic computer skills * Perform other related duties, as required, to fulfill the goals and objectives of the Administrative Services department ***Behavioral Skills:*** * Consistently demonstrate behaviors associated with Brookline Bancorp's Core Four values: adaptability, accountability, leadership, and teamwork.
    $56k-73k yearly est. 32d ago
  • Senior Credit Analyst

    East Cambridge Savings Bank 4.0company rating

    East Cambridge Savings Bank Job In Cambridge, MA

    East Cambridge Savings Bank's Lending Division is actively recruiting for a Senior Credit Analyst. Function: Under the general direction of the Team Lead - Commercial Credit, perform a variety of administrative tasks in connection with credit analysis for the Lending Division. We are looking for a candidate with: 3 years commercial credit experience Bachelor's degree in Finance/Accounting or equivalent work experience Ability to analyze financial statements and effectively prepare written analysis Proficient with Microsoft word and excel Working knowledge of LoanVantage and COCC Insight preferred Excellent verbal and written communication skills Strong interpersonal and organizational skills Essential Job Functions : Researches and examines credit risks, assesses credit history, and makes a recommendation to approve or disapprove extension of credit. Responsible for conducting financial, strategic and competitive analysis for both Business and Commercial real estate customers. Prepares loan documents and comprehensive credit proposals for Board presentations; assists management with presentation materials and approval process. Develops and analyzes property cash flow information. Provides an assessment of loan condition and quality, assigns credit grades on existing credits and oversees loan documentation as outlined in East Cambridge Savings Bank lending policies. Responsible for the tracking, collecting and reporting of loans that are incomplete due to missing documentation. Maintains a good working knowledge of the Bank's lending policies and procedures and identifies deviations from policy. Responsible for presentation of written and oral reports to management. Performs periodic review of various industries and analyzes the information to identify industry trends. Conducts in-depth review and analyzes balance sheet and profit and loss statements presented by applicants for large commercial loans. Assesses liquidity, quality of management, market position and overall business climate to estimate future profitability of business. Provides technical advice and assistance to Commercial Lending Officers as needed. Supportive Functions: Performs related administrative work as required. Assists the VP/Commercial Credit Officer with special projects as needed Contact our Human Resources Division or visit ******************** for more details and to apply. Or submit your resume to: Email: **************** Fax: ************ Phone: ************ East Cambridge Savings Bank, Attn: Human Resources 344 Cambridge Street Cambridge, MA 02141 East Cambridge Savings Bank is an Equal Opportunity Employer/Disabled/Veterans
    $76k-109k yearly est. Easy Apply 18d ago
  • Project Management Intern

    Cambridge Savings Bank 4.5company rating

    Waltham, MA Job

    Project Management Intern 2025 Cambridge Savings Bank's Summer 2025 Internship Program is a talent pipeline program designed to provide college students with the foundation needed for a career in the banking industry and a thorough understanding of the everyday functions of a community bank. As a Project Management Intern, you will be a part of the Transformation team which consists of Agile Project Managers, Portfolio Program Managers and a team of Business Analysts that support bank wide initiatives. As a team, we have a strong continuous improvement culture and work on strategic projects that impact the bottom line of our assets. Key Result Areas: + Bank-wide orientation to introduce you to Cambridge Savings Bank (CSB). + Project work in support of CSB's 2025 strategic priorities. + Real world banking experience with a dedicated manager. + Personal and career development via networking, community involvement, exposure to industry executives, and small business partners. + Dedicated CSB Internship Coordinator for coaching and mentoring. Qualifications: + Minimum 3.0 GPA + Currently enrolled in a full-time, undergraduate degree program. + Consistently demonstrates teamwork, strong written and verbal communication, and interpersonal skills. + Ability to organize and prioritize work assignments and projects. + Demonstrates academic aptitude, a strong work ethic, and involvement in college and/or community programs. + Strong computer skills, including Word, Excel, and PowerPoint. The above description covers the most significant responsibilities but does not exclude other occasional responsibilities and accountabilities, the inclusion of which would be in conformity with the major purpose of this job. Location: Hybrid/Waltham, Massachusetts About Cambridge Savings Bank: Cambridge Savings Bank is a full-service banking institution with $7 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers. In March 2023, Kroll Bond Rating Agency affirmed CSB's investment-grade rating, reinforcing the bank's position as a reliable business lender. To learn more about how CSB can meet your needs, visit us at cambridgesavings.com , or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. Equal Housing Lender. NMLS # 543370 Cambridge Savings Bank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We are a VEVRAA Federal Contractor. #LI-Hybrid
    $33k-38k yearly est. 3d ago
  • Financial Analyst I

    East Cambridge Savings Bank 4.0company rating

    East Cambridge Savings Bank Job In Cambridge, MA

    East Cambridge Savings Bank's Accounting Division is actively recruiting for a Financial Analyst I Function : Under the general direction of the Assistant Controller, provides a variety of financial data maintaining and updating corporate financial models and plans. Performs a variety of duties pertaining to the Bank's financial reporting functions in accordance with established Bank policies, procedures and strategic goals. We are looking for candidates with: Bachelor's degree in business, accounting or finance or equivalent through specialized coursework and training. 1-3 years experience in accounting or finance, banking preferred. At least 1 year of experience with financial reporting which includes knowledge of generally accepted accounting principles (GAAP) Experience with financial analysis, interest rate risk management and investment securities, preferred Proficient in Microsoft Word and Excel Strong attention to detail, analytical, interpersonal and organizational skills Demonstrated ability to work independently and meet deadlines Essential Job Functions: Assists with gathering data, analyzing, understanding and producing balance sheet and net interest income forecasts and related interest rate risk in an effort to meet profitability objectives. Coordinates the asset/liability modeling and generates various analyses in conjunction with external vendor. Assists with the preparation of timely and accurate monthly/quarterly management and regulatory reports for review by the Assistant Controller. Assists with the quarterly preparation of the qualified collateral report for submission to the FHLB. Assists with the preparation and development of the Bank's operating and capital budgets. Analyzes the Bank's operating budget on a monthly basis and provides reports to the Assistant Controller identifying areas for improvement. Assists with the preparation of the quarterly Liquidity Stress Testing. Works with lending staff to coordinate credit stress testing analysis, as needed. Analyzes current and past financial data and performance for the Bank in comparison to peer and reports findings to management. Analyzes pricing and yield components of loans, investment, deposit, and borrowings. Prepares and presents to management the monthly analysis of the Bank's investment securities portfolio. Performs profitability and other financial analyses for existing and proposed products, services, programs, and departments. Completes an analysis of any new brokers that will provide investment services to the Bank and completes an annual review of existing brokers. Prepares the calculation of the monthly provision for credit losses and related Allowance for Credit Losses on Loans ("CECL") work. Works closely with the lending staff to ensure timely and accurate information. Prepares a comprehensive quarterly report documenting the reasons for the provision and the related environmental impacts on the provision and overall allowance. Develops and maintains effective controls, systems and procedures within scope of position. Researches and analyzes Bank activities, reports on fiscal conditions, and recommends actions. Keeps abreast of accounting, regulatory, tax, audit and industry developments. Assesses impact on accounting and financial management operations and participates in decisions regarding these developments. Assists in developing reports to be used in the analysis and evaluation of potential acquisitions for East Cambridge Savings Bank and the Mutual Holding Company. Generates various financial and regulatory reports pertaining to the Bank's investment portfolio, overall budget and financial performance on a daily, monthly and quarterly basis. As needed, researches and extracts relevant information from various internal and external sources such as the Bank's CPA firm. Contact our Human Resources Division or visit ************************************* for more details and to apply. Or submit your resume to: Email: **************** Fax: ************ Phone: ************ East Cambridge Savings Bank, Attn: Human Resources 344 Cambridge Street Cambridge, MA 02141 East Cambridge Savings Bank is an Equal Opportunity Employer/Veterans/Disabled
    $76k-118k yearly est. Easy Apply 18d ago
  • Treasurer ~ Boston, MA

    Brookline Bank 4.1company rating

    Boston, MA Job

    Share If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process. **Treasurer ~ Boston, MA** Full Time O&M: VP-Sr Mgmt 17 days ago Requisition ID: 2406 ***Principal Objective*** Manage the BHC and Bank Treasury functions, including investment, liquidity and funding activities. Responsible for all ALM modeling and reporting, internally and externally. Responsible for Treasury-related accounting, and regulatory SEC and reporting. ***Principal Duties and Responsibilities*** **Treasury Functions** * Manage investment portfolios within established parameters and risk limits. Execute purchase and sale transactions, managing call activity, reinvesting cash flows and pledging securities to meet collateral requirements. * Monitor and control market and credit risk of investment portfolios. * Manage corporate-wide liquidity needs through wholesale funding activities with overall objective of obtaining lowest cost funding while maintaining appropriate levels of liquidity and interest-rate risk. Provide support and advise re: sweep and repo products. * Manage any hedging activities including bank and customer-specific interest-rate swap programs. * Develop and maintain policy and procedures that govern Treasury Department activities. * Monitor and ensure compliance with applicable regulations and agency advisories ensuring department activities meet recognized industry standards and regulatory expectations. **ALM and ALCO Processes** * Supervise corporate-wide asset/liability modeling processes with emphasis on maintaining interest-rate risk model that meets the corporation's and bank, regulatory and industry standards. * Analyze and report on interest-rate sensitivities of balance sheet including net interest income simulations and economic value of equity under various interest-rate scenarios. * Provide pricing support for deposit gathering and lending activities. * Produce management reports and portfolio analysis for Executive Management presentations, including Asset Liability Committee and Board of Directors meetings. **Other** * Develop and maintain policy and procedures that govern Treasury Department activities. * Provide support for the corporation's strategic and budgetary processes. ***Job Specifications (Skills, Knowledge and Abilities Required)*** * Bachelor's degree in Finance required; Master's degree desired. * Three (3) + years of banking experience preferred with a focus in asset/liability and/or budgeting disciplines in the banking industry. * Requires the ability to think strategically coupled with superior analytical and organizational skills. * Proven familiarity with financial institution products, business lines, policies and procedures. * Familiarity with data warehouse systems, as well as computer programs and applications used by the accounting and reporting departments. * Ability to work within deadlines and provide reports on a timely basis. * Ability to function effectively as a hands-on, self-starting individual contributor as well as a supervisor, who assigns, monitors and evaluates the work of staff members and provides training when necessary. * Sound knowledge of managerial accounting, cost accounting and budgeting. Aptitude with computer software (General Ledger, MS Word, Windows and Excel). ***Behavioral Skills*** * Consistently demonstrate behaviors associated with Brookline Bancorp's Core Four values: adaptability, accountability, leadership, and teamwork. ***The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description is subject to change at any time.***
    $107k-167k yearly est. 32d ago

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East Cambridge Savings Bank may also be known as or be related to EAST CAMBRIDGE SAVINGS BANK, East Cambridge Savings Bank, East Cambridge Savings Bank (Cambridge, MA) and EastCambridgeSavings.