Market Risk Analyst
About The Position
The Market Risk Analyst is part of Farmer Mac’s Financial Risk Management team and supports the measurement, monitoring, and reporting of the company’s interest rate, market, and liquidity risk exposures. The role performs quantitative analyses of Farmer Mac’s balance sheet and guarantee portfolio using market risk metrics, prepares recurring risk reports for management and governance committees, supports the evaluation of hedging, funding, and portfolio rebalancing strategies, and provides backup support for regulatory liquidity risk reporting and stress testing. The position reports to the Senior Manager – Market Risk and works closely with the Financial Risk Management team and departments including Treasury, Financial Planning & Analysis, Accounting, Enterprise Risk Management, Audit, and Information Technology. It is based at Farmer Mac’s Washington, D.C. headquarters, with a Presence with Purpose work environment that provides flexibility of work location and purposeful opportunities to work together in the office. Core business hours are Monday through Friday, 8:30 a.m. to 5:30 p.m. Eastern. Work outside core hours may be required for time-sensitive projects or off-site meetings and events.
Requirements
- Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Engineering, Data Analytics, or another quantitative discipline.
- Two to five years of relevant experience in financial services.
- Strong understanding of duration, convexity, and cash flow modeling concepts.
- Strong quantitative, analytical, and problem-solving skills.
- Strong organizational skills and exceptional attention to detail.
- Demonstrated ability to manage multiple assignments and meet challenging deadlines.
Nice To Haves
- Relevant experience in Market Risk, Asset Liability Management, Treasury, Capital Markets, Fixed Income Analytics, or Financial Planning & Analysis.
- Familiarity with mortgage finance, fixed income mathematics, and financial derivatives.
- VBA, SQL, or other programming language experience.
- Experience using QRM Enterprise Risk Framework or similar asset/liability management and risk management systems.
- CFA, FRM, CPA, or CQF designation.
Responsibilities
- Support monthly interest rate risk analysis of Farmer Mac’s balance sheet and guarantee portfolio using measures such as market value of equity (MVE), net effective spread (NES), duration, convexity, key-rate durations, and capital sensitivity metrics.
- Assist with recurring market risk reports and analytical packages for senior management, ALCO, and Board-level committees.
- Assist with monthly attribution analyses to identify and explain key drivers of changes in Farmer Mac’s market risk profile.
- Conduct quantitative analyses of the impact of interest rate movements and changing market conditions on Farmer Mac’s financial position.
- Perform scenario analysis and stress testing to evaluate market risk exposures under alternative interest rate environments.
- Support analyses related to hedging strategies, funding decisions, and portfolio rebalancing initiatives.
- Assist in evaluating how new products, transactions, portfolio changes, and strategic initiatives affect Farmer Mac’s market risk profile.
- Prepare presentations, reports, and supporting materials for internal risk governance, regulatory examinations, and audit activities.
- Research industry developments, regulatory expectations, and market risk management best practices, and assist in assessing their applicability to Farmer Mac.
- Identify opportunities to improve analytical processes, reporting efficiency, and risk measurement capabilities.
- Provide backup support for regulatory liquidity risk reporting and liquidity stress testing analysis.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
