Collateral Analyst

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

2d • Hybrid

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. Analyze, evaluate, measure and report on processes and controls of all collateral pledged to support member credit exposures. Ensure compliance with policies, procedures and regulations while promoting efficient, effective end-to-end collateral processes to support the Bank’s business model and the members it serves.

Requirements

• Bachelor’s degree in an accounting, finance, business or math-related fields or equivalent experience in a financial services field.
• Experience with mortgage lending documentation (residential, commercial, and/or agricultural).
• High attention to detail; inquisitive mind-set.
• Strong written and verbal communication skills.
• Strong PC skills, including proficiency using Microsoft Windows, Word, , Excel, SQL and Qlik Sense.
• Ability to work independently and change focus as the business need may dictate.
• Ability to work collaboratively with other staff and other Bank departments.
• Ability to positively engage, self-motivate and possess a strong desire to learn.

Nice To Haves

• Experience working with securities preferred.

Responsibilities

• Evaluates pledges and releases of loan and securities collateral for acceptability including municipal security evaluation and pricing
• Reviews member requests to determine the course of action which best facilitates a solution to the member’s need.
• Monitors, identifies, and reports any member collateral deficiencies.
• Works with the member to correct the deficiencies.
• Understands and evaluates applicable Bank policies, procedures, and regulations ensuring the team maintains compliance while executing job duties.
• Reviews collateral data received from members in order to create reports for the Collateral Manager and senior management.
• Ensure business activities are in line with Strategic Business Plans.
• Assist with management of team internal controls and regulatory issues via thorough evaluation, providing feedback as necessary to management,
• Reconcile collateral subject to subordination with other creditors as necessary.
• Onboard members for eNotes and maintain information in the eVault and MERS eRegistry.
• Other duties and projects as assigned.

Benefits

• As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance.
• Most roles are eligible for our hybrid work schedule.
• We match 100% of the first 6% you contribute to your 401(k) and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year.
• More information on our Total Rewards program can be found here.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 101-250 employees