Market Risk Analyst
Federal Home Loan Bank of Des Moines is committed to developing an inclusive culture that supports a diverse workforce. They are seeking a highly motivated Market Risk Analyst to analyze the Bank’s market risk sensitivity and support various risk management functions.
Responsibilities
- Produce and analyze market risk valuation (income simulation) exposure reports for the Bank’s assets, liabilities, and derivatives under the direction of Market Risk Senior Analysts
- Support the preparation of risk reports for committees related to the Bank’s market and financial risk exposures
- Assist with the maintenance and upgrade of the Bank’s risk management quantitative models, including the evaluation of assumptions
- Contribute to innovation efforts through the development and enhancement of market risk models and processes
- Provide support for ad hoc analysis related to the Bank’s market risk (income at risk) exposures and actively contribute to the delivery of Bank-wide projects
- Perform daily liquidity risk monitoring and monthly liquidity gap analysis
- Price and assess the risk of the Bank’s mortgage loan and investment portfolio to interest rates, spreads, changes in prepayment and default rates
- Review weekly market loading and MPF pricing update reports
- Other projects/responsibilities as assigned
Skills
- Bachelor's degree in finance, financial engineering, economics, mathematics, statistics or computer science or other quantitative fields
- Strong analytical and computer skills in Excel, PowerPoint, Word and relational databases such as SQL and Access
- Programming skills are a plus
- Experience with financial markets, cashflow or valuation models
- Ability to work in a team environment and to develop relationships with stakeholders
- Good oral and written communication skills
- Familiarity with fixed income bond and derivative valuation theory and markets
- Some awareness of key risk metric
Benefits
- 11 paid holidays
- 5 weeks of PTO
- Hybrid work schedule
- 100% match of the first 6% you contribute to your 401(k)
- 4% non-discretionary contribution to your 401(k) at the end of year
Company Overview
Company H1B Sponsorship