Capital Markets Analyst

  • FHLB - The Office of Finance
  • Nov 08, 2018
Full time Market Research Finance General Business Research

Job Description

The FHLB – Office of Finance is seeking a Capital Markets Analyst (CMA) to serve as the expert in reporting databases and applications for Funding Desk activities, perform research and analysis, and produce reports that support Capital Market activities.  This role will assist with the creation and maintenance of business process documentation, process diagrams, and Capital Markets projects.  Additionally, the CMA will support key business processes in various divisions of the Office of Finance Capital Markets area.


Major Responsibilities include

  • Assist in managing debt program process, control, and compliance to meet business, risk, and regulatory requirements.
  • Participate in the documentation of Funding Desk processes to facilitate ongoing automation and improve efficiency.
  • Participate in the accurate and timely production, review, and distribution of trade disclosure documentation.
  • Interact with Capital Market’s legal counsel on trade disclosure matters to keep up with all new relevant tax developments and legal disclosures.
  • Use business intelligence applications and maintain fluency in the design of reporting databases.
  • Assist with effective functioning of the Funding Desk through administrative and technical support of all phases of debt issuance.
  • Participate in Capital Market projects design, documentation, and testing.
  • Produce reports, research analysis, and reporting of transaction activity to measure the effectiveness of funding efforts.
  • Respond to and provide assistance with incoming telephone calls.
  • Assist Funding Officers/debt services in working with the FHLBanks on various projects.
  • Rotate between Debt Services and the Capital Markets area, understanding the functions of the areas and how they interact in the debt issuance process.


Qualified candidates will offer a bachelor’s degree or an equivalent combination of related work experience and course work.  The FHLB-OF is seeking candidates with fluency in Microsoft Office software, specifically graphs, pivot tables, and PowerPoint.  Proven experience with Business Objects software and Bloomberg is preferred.  Ideal candidates will have the ability to multitask in a fast-paced, diverse team environment with a fine attention to detail and strong organizational and planning skills.


This position offers a competitive salary with excellent benefits and work environment and is based in Reston, VA.


FHLB-OF is not currently sponsoring work visas or transfers.  Green Card or citizenship required.


To apply, please submit your resume and cover letter to the following job link:


Additional inquiries and questions can be emailed to Beth Cessna at

Contact 202/232-1765.



The Federal Home Loan Bank System

The public policy mission of the Federal Home Loan Bank System (the “System”), which was created by Congress in 1932 and consists of the 11 regional Federal Home Loan Banks (the “FHLBanks”) and the OF, is to support residential mortgage lending and related community investment through its member financial institutions.  The System fulfills its role in housing finance by providing members with access to reliable, economical funding and technical assistance, and special affordable housing programs.  The FHLBanks have been a fundamental part of the nation’s financial system for over eight decades.


The Office of Finance 

Located in Reston, VA, a suburb of Washington, D.C., the OF is operated on behalf of the FHLBanks.  Its primary function is to issue and service all debt securities for the regional FHLBanks, while obtaining the most cost-effective terms possible given current market conditions.  Related activities include the compilation and publication of the combined financial statements, analysis and joint development of new funding opportunities, and educational outreach to inform investors and other interested parties about FHLBank debt products.  The OF also provides the FHLBanks with credit and general capital market

information/data and manages the relationship with the credit rating agencies.  In addition, the OF administers two tax-exempt government corporations, the Financing Corporation and the Resolution Funding Corporation.


As an agent of the FHLBanks, the OF is a unique organization.  While it is the size of a small business, it has access to the resources, and shoulders the responsibilities, of a large corporation.  The OF does not have the drivers of a traditional business, such as a P&L or equity value.  Rather, its staff and leaders derive their satisfaction from tackling the diverse challenges of serving the FHLBanks, individually and as a System, as well as managing dealer and investor relationships — all while remaining keenly focused on its day-to-day core mission.


The FHLBanks and the OF are government-sponsored enterprises regulated by the Federal Housing Finance Agency.


Equal Employment Opportunity

The OF is an equal employment opportunity employer.  It is the OF’s policy to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, status as a parent, or genetic information, or any other characteristic protected by applicable law.