Money Market Analyst

Essential Job Function

Maintain the Bank’s cash and liquidity levels and support monitoring of liquidity metrics.

Assist the team in managing money market instruments such as Fed Funds, Reverse Repos, and Deposits.

Maintain relationships with brokers and dealers to monitor and report market moves and sensitive information.

Maintain, enhance, and build Python, Excel, and SQL analytical desk tools.

Leverage in-house data warehouse tools to implement robust data repositories for analysis and business intelligence.

Monitor the Bank’s Fed Account and compliance with liquidity metrics.

Create comprehensive liquidity and funding plans and work with the Treasurer to manage issuance of funding according to need and tactical plan.

Manage derivatives portfolio hedging assets and liabilities of the Bank.

Support market analysis on market conditions and relative value opportunities for issuance and investment.

Set and quote short-term advances and deposit pricing.

Monitor and manage variation and initial margins for Bank’s derivatives.

Generate wire forms and repetitive wire numbers as necessary.

Other Duties

Back up other members of the Desk as directed in supporting desk activities.

Calculate and distribute various departmental and Bank metrics, such as Liquidity Requirements and Leverage.

Perform special projects and other tasks as assigned.

Experience

3+ years applicable experience in a financial institution or corporate treasury environment.

Knowledge of financial markets, money markets, the Federal Reserve System, and cash management.

Experience using Python, advanced Excel & VBA, and SQL is preferred.

Hands-on experience managing money market instruments and/or interest rate derivatives is preferred.

Education

Bachelor’s degree in finance, Business, Economics, or a similar discipline.

Advanced degree (MS/MBS etc.) highly preferred.