Capital Markets Risk, Operations and Compliance Analyst

FEDERAL HOME LOAN BANKS OFFICE OF FINANCE

POSITION DESCRIPTION

The Capital Markets Risk, Operations and Compliance Analyst will be responsible and accountable for supporting existing operational, compliance and risk requirements effectively and prudentially in coordination with the Office of Finance s ( OF ) Capital Markets and Debt Services business areas. This role will work in tandem with the Capital Markets and Debt Services business areas as the 1st line of defense in developing, documenting and monitoring new and existing business processes. The individual, with guidance from the Capital Markets Risk, Operations and Compliance Managers, will work closely with the OF s Risk Management, Compliance and Legal areas to achieve their objectives consistent with the OF s mission and risk appetite. In addition, there is an opportunity for this role to meaningfully contribute to the OF s process and control modernization efforts.

We re proud of the way our teammates have a positive impact on everything we do. Our employees are committed to and exemplify our Core Values:

• Integrity through accountability, consistency, transparency, and trust
• Agility through adaptability, continuous improvement, expertise, and flexibility
• Partnership through collaboration, communication, leadership, and teamwork
• Inclusivity through diversity, relationships, respect, and support

PRINCIPAL RESPONSIBILITIES:

• Support Capital Markets and Debt Services operational processes, including coordinating and executing testing activities, supporting application change requests, documenting operational incidents, and performing other operational tasks as needed;
• Work with Capital Markets and Debt Services to identify and implement operational process enhancements that improve business processes and achieve more effective risk, compliance and regulatory outcomes;
• Coordinate with Risk Management, Capital Markets and Debt Services and support business continuity and resiliency tests, including the OF s Funding Contingency Plan and the Master Business Continuity Plan;
• Coordinate with Capital Markets and Legal to maintain the Dealer Operating Circular, Bank Operating Circular, internal procedures, and other key legal agreements and guidelines;
• Support Capital Markets and Debt Services in completing the Risk Controls Self Assessments (RCSA) and coordinate and perform validation testing requirements for Risk Management, Compliance and Internal and External Audit reviews for Capital Markets and Debt Services;
• Develop and maintain relationships and understanding of the FHLBanks including asset-liability management, credit, and investment products, funding constraints, hedging styles, and risk tolerance;
• Collaborate with and support the Federal Home Loan Banks ( FHLB ) and OF project teams to develop solutions that can be utilized within the suite of OF applications to enhance issuance and servicing processes and controls;
• Provide support to the Capital Markets and Debt Services business areas to develop and execute project test plans;
• Support End User Computing ( EUCs ) testing and remediation to ensure the EUCs are effective in meeting business, risk and compliance requirements and consistent with OF s mission and risk appetite;
• Attest to compliance with new and existing regulatory requirements;
• Support the OF s diversity and inclusion (D&I) strategy by following policies and procedures that ensure opportunities for employees and diverse business partners;
• Interact with individuals from the FHLB s, the OF s bond dealers and swap counterparties, the Federal Housing Finance Agency and the OF s external auditor;
• Assist with other job duties as assigned.

PRINCIPAL REQUIREMENTS:

• Minimum: Bachelor s degree in finance, accounting, risk or other related business field or equivalent experience;
• Minimum: 3-5 years professional experience in capital markets, banking, financial services or other related industry;
• Demonstrated knowledge of capital markets operations, risk management, compliance and business continuity experience;
• Professional curiosity to identify and drive improvements and opportunities with a willingness to get into the detail and frame the solution;
• Ability to proactively use analytical and critical thinking skills to problem solve;
• High degree of organization and ability to prioritize across multiple projects;
• Attention to detail and commitment to quality;
• Familiarity with testing, evaluating and documenting controls for compliance is a plus;
• Demonstrated ability to use Microsoft Outlook, Word, and Excel;
• Familiarity with business intelligence applications (e.g., PowerBI, Tableau) is a plus;
• Prior experience with a Governance Risk Compliance tool is a plus;
• Ability to listen and integrate ideas from diverse groups of individuals, build and maintain respectful relationships, collaborate with others, and resolve conflicts constructively;
• Effective oral and written communication skills;
• Proof of eligibility to work in the United States.

EQUAL EMPLOYMENT OPPORTUNITY:

The Federal Home Loan Banks Office of Finance is committed to equal employment opportunity without regard to race (including traits historically associated with race, such as hair texture, hair type and protective hairstyles), color, religion, sex, pregnancy (including childbirth, lactation, and related medical conditions), national origin or ancestry, age, physical or mental disability, veteran status, uniformed service member status, military status, sexual orientation, gender identity, status as a parent, marital status, genetic information (including testing and characteristics), citizenship status, or any other characteristic protected by applicable federal, state, or local law.