Senior Capital Markets Analyst, ALM & Hedging

Federal Home Loan Bank of Des Moines; Des Moines (IA); Hybrid; USD 102,000 - 121,000; Full time

Benefits offered by this job

Hybrid work schedule

Total Rewards package

11 paid holidays

5 weeks PTO

401(k) match

Job summary

Federal Home Loan Bank of Des Moines seeks a Senior Capital Markets Analyst to perform quantitative analytics supporting balance sheet management, asset-liability management, mortgage pricing, debt issuance, and liquidity strategies. You will assess risks and opportunities across profitability and cash flow forecasts and model scenarios for hedging and pricing.

The role requires strong coding and analytics skills, experience with fixed income instruments, and collaboration with traders and other

Qualifications

• Bachelor’s degree in finance, economics, mathematics, statistics or other quantitative/computing fields.
• 2–3 years of experience related to balance sheet management, fixed income, mortgages or derivatives, or financial modeling.
• Advanced degree (Masters) or CFA charter holder or similar certification preferred.
• Highly proficient in Excel, Word, and Visual Basic.
• Experience with ALM, capital markets or financial software (QRM or Polypaths) preferred.
• Experience with SQL, R or Python; Power BI experience preferred.

Responsibilities

• Perform quantitative analytics for balance sheet management, pricing, hedging, and liquidity management.
• Develop models to measure impact of interest rate scenarios and market factors.
• Analyze risks (interest rate, liquidity, and income) and provide forward-looking recommendations.
• Evaluate mortgage pricing, prepayment modeling, and hedging strategies for the portfolio.
• Collaborate with internal traders and external institutions to obtain market information.
• Research and implement new quantitative models and reports.
• Support model validation and maintain analytics systems across the bank.

Skills

Quantitative analytics

Financial modeling

Attention to detail

Communication

Education

Bachelor's degree in finance or quantitative field

Advanced degree or CFA preferred

Tools

Polypaths

QRM

Power BI

Excel

Visual Basic

SQL

R

Python

Job description

Federal Home Loan Bank of Des Moines seeks a Senior Capital Markets Analyst to perform quantitative analytics supporting balance sheet management, asset-liability management, mortgage pricing, debt issuance, and liquidity strategies. You will assess risks and opportunities across profitability and cash flow forecasts and model scenarios for hedging and pricing.

The role requires strong coding and analytics skills, experience with fixed income instruments, and collaboration with traders and other