Manager Capital Markets Analytics

Job description

Title: Manager Capital Markets Analytics

Location: Des Moines

Duration: Permanent/Full-time

Position Purpose:

The Bank seeks a Capital Markets Analytics Manager to manage the processes for measuring, monitoring and reporting the Bank's balance sheet market value and income risk. Using this information in conjunction with current market information, the incumbent will be a catalyst for developing analysis used to recommend funding, investment and hedging strategies and products that enhance the profitability and stability of the Bank. This also includes the oversight of the Bank's mortgage portfolio and FAS 133 related hedge strategies and related income volatility. The incumbent may consult with market practitioners and other financial institutions in researching the development of certain analysis as deemed necessary.

Overview

Responsibilities/Duties/Function/Tasks:

• Identify innovative portfolio strategies and tactics including investment, funding and hedging decisions.
• Represent Capital Markets Group through timely and accurate communication of high level portfolio strategies and financial performance goals to team and other departments.
• Effectively communicate strategies and tactics to different audiences.
• Review and deliver timely and accurate committee reporting used for discussion and decision making.
• Manage the review and reporting processes that support pre-trade analysis to ensure timely and accurate delivery of results.
• Active participant in portfolio level strategy discussions.
• Oversee MPF pricing and reporting process, and lead the MPF Pricing Working Group meetings.
• Develop new analyses to illustrate the impact of strategic business decisions.
• Provide clear, concise reporting of potential strategies while analyzing for adherence to the Bank's policy limits.
• Provide analysis on how the Bank's utility model utilizes capital and create analysis to guide management in determining the appropriate levels of capital.
• Enhance accuracy through reconciliation and expanded analytics.
• Manage controls on all end user computing (EUC) applications to ensure full compliance with the Bank's EUC Policy.
• Manage controls on all SOX related EUCs to ensure sufficient controls are in place and actively utilized to maintain compliance with the SOX related portion of the Bank's EUC Policy.
• Complete special projection and analysis projects timely and accurately as market opportunities or conditions change.
• Manage and develop high performing team members through communication, feedback, coaching and completion of mid-year and year end performance evaluation.
• Manage departmental internal controls and regulatory issues.
• Other duties and/or projects may be assigned.

Qualifications:

• Master's degree in Business Administration, Finance, Economics, Mathematics, Statistics or a related quantitative field, or CFA designation.
• Minimum 7 years of experience in portfolio management, risk management/financial modeling. Proficiency in analyzing and valuation of fixed income instruments, interest rate derivatives and mortgages.
• 3-5 years of relevant management experience.
• In depth understanding of the risks involved in managing the risk embedded in mortgage loans and mortgage backed securities, including expertise in understanding mortgage prepayments.
• Experience in using term structure models, such as QRM or PolyPaths, Principia Analytic System, or Bloomberg are preferred.
• Familiarity with financial accounting principles, especially those related to FAS 133 related hedging accounting.
• Strong analytical and computer skills in Access and Excel, with Visual Basic programming skills preferred.
• Excellent written and oral communication skills. Ability to communicate high level strategies and financial performance goals in a clear and concise manner.
• Attention to detail is helpful. Must also be able to work independently with minimal supervisory guidance.