Capital Markets Co-Op

Federal Home Loan Bank of Des Moines • Des Moines, IA

4d

About The Position

At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed. The Federal Home Loan Bank of Des Moines has a simple but important vision: Strong Bank. Strong Communities. And we know we’re only as strong as those who impact our success the most: our people! As a co-op, you’ll play an important role in supporting the Capital Markets Department in conducting analysis and reporting of profitability, risk and asset/liability management of the Bank’s financial position utilizing complex financial models.

Requirements

• Pursuing a bachelor’s degree in finance, economics, mathematics, statistics, or other quantitative/computing fields and/or equivalent work experience.
• Completed coursework related to financial statement analysis, fixed income instruments, and derivatives.
• Strong analytical and computer skills in SQL, Excel, Word and Power BI preferred.
• Strong oral and written communication skills.

Responsibilities

• Provide support for a wide range of departmental tasks related to the analysis of the Bank’s financial performance, pricing, funding and hedging of mortgage loans, liquidity reporting, and maturity gap management.
• Assist in developing, automating, and enhancing committee reports, particularly in Power BI
• Maintain documentation supporting financial models and processes.
• Assist with testing and implementation of new systems and functionality.
• Comply with internal controls and regulations.
• Other duties and projects as assigned.

What This Job Offers

• Career Level: Entry Level