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Capital Markets Trader

Federal Home Loan Bank of Atlanta
Posted 3 months ago, valid for 17 days
Location

Atlanta, GA 30334, US

Salary

$60,000 - $72,000 per year

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Contract type

Full Time

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Sonic Summary

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  • The position involves pricing and hedging Advances for the Sales team and executing debt and derivative transactions to fund the Bank.
  • Candidates must have a bachelor's degree and two to four years of experience in trading financial products, with a strong understanding of capital markets and derivative operations.
  • The role requires proficiency in Python, Microsoft Excel, and at least one major fixed-income analytic system, with Bloomberg experience preferred.
  • The compensation grade for this position is 10, although specific salary details are not provided in the job description.
  • Applicants must reside within commuting distance of the Atlanta, GA office and must be authorized to work in the U.S. without requiring visa sponsorship.

Compensation Grade:

10

BASIC PURPOSE:
 

Prices and hedges Advances for the Sales team, negotiates and executes debt and derivative transactions to fund the Bank. Plans and executes funding and hedging strategies to generate low-cost funding.

ESSENTIAL FUNCTIONS:

  • Uses analytical tools and market price discovery to price structured Advances. Provides indicative pricing to Member Sales. Negotiates and executes derivative transactions to support structured advances.

  • Plans, negotiates, and executes funding and hedging transactions with the Office of Finance, debt underwriters, and derivative counterparties to fund and hedge the Bank.

  • Sets daily Advance rates using the Bank’s internal applications, Bloomberg, and data from the Office of Finance and other market sources.

  • Participates in managing the Banks Daily Balance Sheet Liquidity position by issuing debt and monitoring Advances and Investments transactions so that all cash flow movements are captured accurately and timely.

  • Analyzes risk positions, formulates strategies, and executes derivative and capital market transactions to fund and hedge mortgage purchases.

  • Assists in the development and integration of new products and systems in efforts to continuously improve service to our Shareholders.

  • Provides the sales force and management with regular and detailed market color and commentary.

  • Provides the Bank’s funding desk with insight into current market conditions and opportunities.

  • Responsible for creating and delivering presentations on a variety of topics related to the business of the Federal Home Loan Banks.

OTHER RESPONSIBILITIES

  • Assists in the analysis of  the Banks Investment portfolios . Responsibilities include analyzing MBS, Fed Funds, Agency Investments and Treasuries for potential inclusion in the Banks Investment portfolios.

  • Assists in the analysis of the Bank’s daily liquidity position, monitoring cashflows from Assets and Liabilities to accurately capture the Banks liquidity position.

KNOWLEDGE, SKILLS, ABILITIES: 

  • Outstanding initiative and independent problem-solving abilities.

  • Ability to exercise sound independent judgment in time-sensitive situations.

  • Must possess strong communication and relationship building skills for effective interaction with trading counterparties.

  • Proficiency in Python, Microsoft Excel as well as at least one major fixed-income analytic system (e.g., Findur, Principia). Experience using Bloomberg is preferred.

  • Knowledge of hedge accounting is preferred but not required.

MINIMUM REQUIREMENTS

A bachelor’s degree and two to four years’ experience in trading financial products.

Knowledge of the capital markets as well as understanding of derivative operations is necessary or the equivalent combination of education and experience.

Work Location: This individual must reside within commuting distance from our Atlanta, GA office. This position may not be filled in New Jersey, either in-person or remotely.

Work Schedule: Onsite

Visa Sponsorship: Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

We are an equal opportunity employer.




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