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