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Capital Markets Co-Op

Federal Home Loan Bank of Des Moines
Posted 14 days ago, valid for 20 days
Location

Des Moines, IA, US

Salary

$22 per hour

Contract type

Full Time

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Sonic Summary

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  • FHLB Des Moines is seeking a co-op to support the Capital Markets Department in analyzing and reporting on the Bank's financial performance.
  • Candidates should be pursuing a bachelor's degree in finance, economics, mathematics, statistics, or related fields, with relevant coursework completed.
  • The position requires strong analytical and computer skills, particularly in SQL, Excel, Word, and Power BI.
  • The annual salary for this role is $22.00 per hour, and compensation may vary based on the applicant's education and experience.
  • FHLB Des Moines is committed to creating an inclusive culture and is an Equal Opportunity Employer.

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.

Accountabilities:

Job Description

  • 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.

Qualifications:

  • Working towards a 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.

Compensation Range:

Annual Salary: $22.00 - $22.00

This compensation range represents the Bank’s good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant’s education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data. 

At FHLB Des Moines, we work to create an inclusive culture. This enables us to effectively serve the needs of our members and help them succeed.  FHLB Des Moines is proud to be an Equal Opportunity Employer.  We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.




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