FEDERAL HOME LOAN BANK Trader II in Des Moines, Iowa
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.Position Purpose:Under the direction of the Treasurer or other Traders, execute daily borrowing, investing or hedging activities. Enhance the Bank's ability to execute trades in a timely manner, identify relative value opportunities and maintain compliance with regulatory and Bank policies. Interact and communicate with all areas of the Bank on an interpersonal basis with regards to process recommendations and trade ideas for a specific area of expertise.Responsibilities/Duties/Function/Tasks:Enhance the Bank's financial performance by recommending and executing attractive relative value transactions for one of the Bank's funding, investment and derivative activities.Develop and maintain analysis of market events and how it impacts Capital Market Activities.Act as a Liaison for Treasury to other departments, the FHLB system and the Office of Finance to strengthen partnerships and improve performance.Maintain and improve Treasury policies and procedures to help business performance by reviewing, evaluating and updating current procedures.Build and strengthen relationships with broker/dealers to improve trade execution.Perform back-up roles as necessary to support the Trading Desk Personnel.Perform other duties and projects as assigned.Manage departmental internal controls and regulatory issues.Qualifications:Bachelor's degree in finance, economics, accounting, statistics, or related field requiredAdvanced degree in the above fields or Masters of Business Administration (MBA) and/or Chartered Financial Analyst (CFA) designation preferred.Minimum of five (5) years of investment experience.General knowledge with the markets and an understanding of finance, economics, accounting, investment, and banking principles and practices is preferred.An understanding of Bloomberg, TradeWeb, Intex, PolyPaths, Principia and other analytical tools utilized in the trading and analysis process.Physical requirements:The physical demands described here are generally representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle controls; talk and hear. Specific vision abilities required by this job include close vision and the ability to adjust focus. The employee frequently is required to reach with hands and arms. The employee is occasionally required to stand; walk; and stoop. The employee must regularly lift and/or move up to ten pounds. Some positions, including, but not limited to positions in Administrative Services, may be required to lift, move and/or carry up to 50 pounds.Travel: Employees in this position may travel periodically for work related activities, but it is not a regular part of the job.Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.Federal Home Loan Bank of Des Moines is an Equal Employment Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.