Market Risk Analyst

Federal Home Loan Bank of Des Moines is committed to developing an inclusive culture that supports a diverse workforce. The Market Risk Analyst will analyze market risk sensitivity, including asset, liability, and derivatives management, while contributing to the Bank's mission of providing reliable funding and services to its members.

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 preferred
• Some awareness of key risk metric preferred

Benefits

• 11 paid holidays
• 5 weeks of PTO
• Work culture that values work/life balance
• 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