Market Risk Analyst II — Hybrid Quant Risk & Reporting

Federal Home Loan Bank of Boston; Boston (MA); Hybrid; USD 83,000 - 112,000; Full time

Benefits offered by this job

Annual incentive program

Total rewards package

Hybrid work schedule

Job summary

The Federal Home Loan Bank of Boston is seeking a Market Risk Analyst II to measure and communicate its exposure to interest rate risk and other market-driven factors. This role sits at the intersection of data, modeling, and decision-making, delivering clear insights for senior leadership and regulators.

The position offers a hybrid schedule in Boston, with more time in the office during onboarding. A strong quantitative background and proficiency in Python, SQL, and data management are highly

Qualifications

• Four-year degree in finance or quantitative field.
• Strong quantitative and mathematical skills.
• Experience with risk modeling and financial reporting.
• Familiarity with risk management systems and data analysis.

Responsibilities

• Oversee risk analysis model maintenance and updates.
• Generates representative assessments of the Bank’s risk exposure in its balance sheet, portfolios, counterparties, or specific transactions through modeling the impact of credit, economic, and/or market assumptions and resultant impacts on the Bank’s risk positions.
• Prepares analytical reports used in financial reporting including, but not limited to market value sensitivity, earnings at risk and liquidity risk.
• Create and/or review others’ baseline and stress case results for the Bank’s forecasts of market risk, earnings risk and liquidity risk.
• Prepare and/or review ad hoc and/or formalized modeling analysis of transaction level risk exposure including, but not limited to, hedge effectiveness, proforma structured MBS trades, and liability transactions
• Support current modeling methodologies across market risk, as well as in general model setup, performance monitoring, version testing, and model upgrades.

Skills

Python

SQL

Power BI

AWS QuickSight

Excel

Financial modeling

Machine learning basics

Statistics

Education

Bachelor's degree in finance, accounting, economics, or quantitative discipline

Tools

PolyPaths

QRM

Intex

Bloomberg

Job description

The Federal Home Loan Bank of Boston is seeking a Market Risk Analyst II to measure and communicate its exposure to interest rate risk and other market-driven factors. This role sits at the intersection of data, modeling, and decision-making, delivering clear insights for senior leadership and regulators.

The position offers a hybrid schedule in Boston, with more time in the office during onboarding. A strong quantitative background and proficiency in Python, SQL, and data management are highly