Jobs
>
Des Moines

    Senior Fixed Income and Derivative Portfolio Manager - Des Moines, United States - Federal Home Loan Bank of Des Moines

    Default job background
    Description

    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.

    Independently 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 and represent Treasury in Bank-wide initiatives, discussions and committees.

    Accountabilities:

    Key Responsibilities:

    • Demonstrates an in-depth knowledge of and can cover/assist in all areas of the desk including derivatives, Advances, Treasuries, Agencies, Fed Funds, Reverse Repurchase Agreements, Mortgage Structured products, Municipals and Commercial Mortgage Back Securities (funding, investing, pricing, hedging, etc.).
    • Identify and execute trading opportunities and risks across all areas of the desk including derivatives, Treasuries, Agencies, Fed Funds, Reverse Repurchase Agreements, Mortgage Structured products, Municipals and Commercial Mortgage Back Securities and focus transactions on best execution, relative value and risk/reward.
    • Demonstrates a superior understanding of accounting rules, including ASC 815, applicable regulations and Bank policies and how those rules, regulations and policies affect trading strategies for multiple areas of the desk.
    • Regularly interact with other areas of the Bank, FHLB system and broker dealers on trade-related activities.
    • Initiates discussion to suggest and design new strategic opportunities.
    • Participates in decision making and implementation of strategic initiatives by working independently or with others to design analysis, resolve issues and achieve strategic goals.
    • Successfully operates within a number of systems, including Bloomberg, MarkitWire, TradeWeb, BankMate, PolyPaths and/or Principia.
    • Actively participates in Committee meetings through discussions, questions, and utilizing effective presentation skills to non-technical Committee members.
    • Acts as a "First-Line-of-Defense" in identifying, communicating, assessing and managing all risks of the portfolio, including financial risk, including treasury operations, interest rate risk and credit risk. Executes on solutions to mitigate those risks.
    • Ensures compliance with various Bank regulation and policies as it relates to treasury functions.
    • Partners with key internal stakeholders to ensure business goals and finance strategies are aligned.
    • Prepares presentations for senior leadership and board of directors with insights into treasury reports.
    • Participates in and collaborates with the team in internal and external treasury audits.
    • Provides informal mentorship and leadership to other team members.

    Requirements:

    • Bachelor's degree in finance, economics, accounting, statistics, or related field required
    • Masters of Business Administration (MBA) and/or Chartered Financial Analyst (CFA) designation required.
    • Minimum of seven (7) years of investment experience.
    • Extensive knowledge of the markets and an understanding of finance, economics, accounting, investment, and banking principles and practices.
    • Extensive knowledge of SQL, Bloomberg, TradeWeb, Intex, PolyPaths, Principia, SimCorp Dimension and/or other analytical tools utilized in the trading and analysis process.
    • Established investment contact network to assist in relative value ideas, trading, debt issuance and other portfolio management related activities
    • Documented track record of excellent trading capabilities.
    • Advanced understanding of fixed income analysis, mortgage prepayment behavior, advance pricing and derivative pricing.
    • Superior knowledge of Liquidity Management practices.
    • Sound understanding of risk metrics, risk framework, and ALM (Asset Liability Management) practices.
    • Excellent verbal and written communication and presentation skills.

    Compensation Range:

    Annual Salary: $150, $160,500.00

    This salary 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. This role is also eligible to participate in the Bank's annual incentive plan.

    Learn more about the general tasks related to this opportunity below, as well as required skills.

    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 of 3 days per week in office, 2 days per week work-from-home. 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.

    At FHLB Des Moines, we celebrate diversity, work to create an inclusive culture and champion equity in all of our policies and practices. 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.

    PDN-9be18e6f-cc10-4c7d-bac5-dac8a8bd631c

  • Illinois Facilities Fund

    Portfolio Manager

    2 weeks ago


    Illinois Facilities Fund Des Moines, United States

    Job Type · Full-time · Description · Title: · Portfolio Manager · Employee Status: · Full-time · Salary: · Grade 4 · Starts at $70,600 | St. Louis · Starts at $63,600 | Kansas City · Reports to: · Managing Director - Portfolio Management · Department: · Capital Solu ...


  • landsurveyorsunited - Jobboard Des Moines, United States

    This post links directly to the Surveying Job post. Click to see the job post in a new Manager job in Glasgow City with Stafffinders. Apply Today.£30,000 to £40,000 per annum:Stafffinders:An exciting opportunity awaits you to take on a pivotal role as a Portfolio Manager with ou ...


  • Amgen Des Moines, United States

    Oncology Portfolio Manager - St. Louis, MO page is loaded · Oncology Portfolio Manager - St. Louis, MO · Apply · remote type · Field Worker · locations · US - Missouri - St. Louis · time type · Full time · posted on · Posted 2 Days Ago · job requisition id · R · Care ...


  • landsurveyorsunited - Jobboard Des Moines, United States

    This post links directly to the Surveying Job post. Click to see the job post in a new tab. · Portfolio Manager job in Glasgow City with Stafffinders. Apply Today. · £30,000 to £40,000 per annum:Stafffinders:An exciting opportunity awaits you to take on a pivotal role as a Portfo ...


  • MidWestOne Bank West Des Moines, United States Full time

    Overview · At MidWestOne, our people are number one in everything we do. We are a community bank with a culture based on integrity and customer care. The people on our team are the foundation of our success. If you're ready to work for an organization that values you, develops y ...

  • EquiTrust Life Insurance Company

    Portfolio Manager

    3 weeks ago


    EquiTrust Life Insurance Company West Des Moines, United States

    The Portfolio Manager influences the delivery of product and technology programs at EquiTrust. This individual understands Portfolio Management, Agile best practices and has the ability to take complex problems and formulate compelling plans to drive solutions. The role requires ...

  • EquiTrust Life Insurance Company

    Portfolio Manager

    2 weeks ago


    EquiTrust Life Insurance Company West Des Moines, United States

    The Portfolio Manager influences the delivery of product and technology programs at EquiTrust. This individual understands Portfolio Management, Agile best practices and has the ability to take complex problems and formulate compelling plans to drive solutions. The role requires ...


  • Fidelity & Guaranty Life Insurance Company Des Moines, United States

    Job Description · Job DescriptionJob Summary · The Investment Data and Analytics Manager will be responsible for optimizing and supporting F&G's investment data and analytics platform. The role includes interaction with analytical models for analytics generation to support invest ...


  • Amgen Des Moines, United States

    Oncology Portfolio Manager - St. Louis, MO page is loaded · Oncology Portfolio Manager - St. Louis, MO · Apply · remote type · Field Worker · locations · US - Missouri - St. Louis · time type · Full time · posted on · Posted 2 Days Ago · job requisition id · R · Care ...

  • Brokers International

    Portfolio Manager

    3 weeks ago


    Brokers International Urbandale, United States

    Location field must contain 'city, state' or a zip code to perform a radius search (e.g., · Denver, CO · or · City and state must be separated by a comma followed by a space (e.g., · Houston, TX ) · The Portfolio Manager works closely with the Chief Investment Officer and wit ...

  • EquiTrust Life Insurance Company

    Portfolio Manager

    3 weeks ago


    EquiTrust Life Insurance Company West Des Moines, United States

    The Portfolio Manager influences the delivery of product and technology programs at EquiTrust. This individual understands Portfolio Management, Agile best practices and has the ability to take complex problems and formulate compelling plans to drive solutions. The role requires ...

  • Brokers International

    Portfolio Manager

    3 weeks ago


    Brokers International Urbandale, United States

    The Portfolio Manager works closely with the Chief Investment Officer and with advisors to manage Retirement Ally investment accounts. Duties include day to day recommendations of portfolio changes and implementation of those changes for Brokers Financials' Retirement Ally progra ...

  • Raccoon Valley Bank

    Portfolio Manager

    2 weeks ago


    Raccoon Valley Bank Iowa, United States

    Full Time · Grimes, Iowa · Posted on 4/23/2024SCOPE:The Portfolio Manager will assist and support the Commercial Lending Team with the day-to-day management of existing large customer portfolios in high growth markets, having a moderate degree of difficulty. Further, this posit ...

  • Raccoon Valley Bank

    Portfolio Manager

    4 weeks ago


    Raccoon Valley Bank Grimes, United States

    Job Description · Job DescriptionDescription:SCOPE: · The Portfolio Manager will assist and support the Commercial Lending Team with the day-to-day management of existing large customer portfolios in high growth markets, having a moderate degree of difficulty. Further, this posit ...

  • BankTalent HQ

    Portfolio Manager I

    1 week ago


    BankTalent HQ Ankeny, United States

    Community State Bank is looking for a Portfolio Manager I to join our team. The Portfolio Manager is responsible for oversight of a commercial loan portfolio including client service, underwriting and closing activities, and internal servicing and monitoring. · To be considered ...

  • QCR Holdings

    Portfolio Manager I

    1 week ago


    QCR Holdings Ankeny, United States

    Community State Bank is looking for a Portfolio Manager I to join our team. The Portfolio Manager is responsible for oversight of a commercial loan portfolio including client service, underwriting and closing activities, and internal servicing and monitoring. · To be considered f ...

  • Kansas Action for Children

    Consumer Lender, AVP

    2 weeks ago


    Kansas Action for Children Des Moines, United States

    at NBKC Bank in Kansas City, Missouri, United StatesJob Description · Summary Descriptionnbkc isn't your average bank. We take your traditional financial institution and make it better.We are currently looking for a Consumer Lender to join our Lending Team. As a Consumer Lender, ...

  • Marriott International, Inc

    Banquet Bartender

    1 week ago


    Marriott International, Inc Des Moines, United States

    Additional Information Evening shift, Overnight Shifts and weekends, bartending experience is necessary · Job Number · Job Category Food and Beverage & Culinary · Location Des Moines Marriott Downtown, 700 Grand Avenue, Des Moines, Iowa, United States VIEW ON MAP · Schedule Part ...

  • Marriott International, Inc

    Banquet Bartender

    5 days ago


    Marriott International, Inc Des Moines, United States Part time

    Additional Information Evening Shift, Overnight Shift, Weekend Shift, Bartending Experience Necessary · Job Number · Job Category Food and Beverage & Culinary · Location Des Moines Marriott Downtown, 700 Grand Avenue, Des Moines, Iowa, United States VIEW ON MAP · Schedule Part-T ...


  • BlueWave Ventures Windsor Heights, United States

    About the Company · As a group of companies, we have been on a growth trajectory for some time, constantly developing for you and continuously expanding our expertise in the construction industry. · Our portfolio now includes planning services according to HOAI, project managemen ...