Market Risk Analyst

Job Description

Job Description

Salary Range: $95,000 to $120,000Position Summary

The Market Risk Analyst, within the Financial Risk Management team, will support the measurement, monitoring, and reporting of Farmer Mac's interest rate, market risk, and liquidity risk exposures.

This role is primarily responsible for performing quantitative analyses of Farmer Mac's balance sheet and guarantee portfolio using various market risk metrics, preparing recurring risk reports for management and governance committees, supporting the development and evaluation of hedging, funding, and portfolio rebalancing strategies, and providing backup support for regulatory liquidity risk reporting and stress testing analysis.

The successful candidate will possess a strong quantitative background in finance, demonstrate exceptional attention to detail, and be capable of managing multiple priorities in a deadline-driven environment.

The People You Will Work With

The position reports to the Senior Manager – Market Risk. The Analyst will work closely with other members of the Financial Risk Management team and will interact with various departments across Farmer Mac, including Treasury, Financial Planning & Analysis, Accounting, Enterprise Risk Management, Audit, and Information Technology.

Where and When You Will Work

The position will be based in Farmer Mac’s headquarters located at 2100 Pennsylvania Ave. NW, Washington, D.C. Core business hours are Monday through Friday 8:30 am to 5:30 p.m. Eastern. Farmer Mac has a Presence with Purpose work environment, which allows for flexibility of work location while providing the opportunity for teams to come together in the office with purpose. Work outside of core hours may be required for planned and unplanned activities to complete time-sensitive projects or to attend off-site meetings or events.

Primary Responsibilities and Duties

• Support the monthly interest rate risk analysis of Farmer Mac's balance sheet and guarantee portfolio using risk measures such as market value of equity (MVE), net effective spread (NES), duration, convexity, key-rate durations, and capital sensitivity metrics.
• Assist with the preparation of recurring market risk reports and analytical packages for senior management, ALCO, and Board-level committees.
• Assist with monthly attribution analyses to identify and explain key drivers of changes in Farmer Mac's market risk profile.
• Conduct quantitative analyses to assess the impact of interest rate movements and changing market conditions on Farmer Mac's financial position.
• Perform scenario analysis and stress testing to evaluate market risk exposures under alternative interest rate environments.
• Support analyses related to hedging strategies, funding decisions, and portfolio rebalancing initiatives.
• Assist in evaluating the impact of new products, transactions, portfolio changes, and strategic initiatives on Farmer Mac's market risk profile.
• Prepare presentations, reports, and supporting materials used for internal risk governance, regulatory examinations, and audit activities.
• Research industry developments, regulatory expectations, and market risk management best practices, and assist in evaluating their applicability to Farmer Mac.
• Identify opportunities to improve analytical processes, reporting efficiency, and risk measurement capabilities.
• Provide backup support for regulatory liquidity risk reporting and liquidity stress testing analysis.

Desired Skills and Qualifications

• Strong understanding of duration, convexity, and cash flow modeling concepts
• Familiarity with mortgage finance, fixed income mathematics, and financial derivatives
• High proficiency in Excel; experience with VBA, SQL, or other programming languages is a plus
• Experience using QRM Enterprise Risk Framework or similar asset/liability management and risk management systems is preferred
• Excellent quantitative, analytical, and problem-solving skills
• Strong organizational skills and exceptional attention to detail
• Demonstrated ability to manage multiple assignments and meet challenging deadlines

Education and Experience

• 2-5 years of relevant experience in financial services, preferably within Market Risk, Asset Liability Management, Treasury, Capital Markets, Fixed Income Analytics, or Financial Planning & Analysis.
• Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, Data Analytics, or another quantitative discipline required.
• CFA, FRM, CPA or CQF is a plus

Our compensation philosophy is targeted pay positioning relative to peers, our industry, and external markets. Farmer Mac is committed to a compensation program that will enable the organization to attract, motivate, reward, and retain highly skilled and creative talent to maintain sustained long-term performance and achieve the organization’s strategic business objectives. The typical starting salary range for this position is between $95,000 to $120,000 per year, although wages can vary based on experience and geography.

 

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About Us

Farmer Mac is driven by its mission to increase the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure. Our secondary market provides liquidity to our nation’s agricultural and infrastructure businesses, supporting a vibrant and strong rural America. We offer a wide range of solutions to help meet financial institutions’ growth, liquidity, risk management, and capital relief needs across diverse markets, including agriculture, agribusiness, broadband infrastructure, power and utilities, and renewable energy. We are uniquely positioned to facilitate competitive access to financing that fuels growth, innovation, and prosperity in America’s rural and agricultural communities.

Farmer Mac’s Mission

To increase the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure.

Farmer Mac’s Vision

To drive economic opportunity and prosperity by strengthening and connecting rural America.

Farmer Mac’s Core Values

Passion for Our Mission Innovation

Relationships Integrity

Excellence

Farmer Mac is an equal opportunity employer.

NO EMPLOYEE OR JOB APPLICANT WILL BE DENIED OPPORTUNITIES OR BENEFITS AT FARMER MAC BASED ON RACE, RELIGION, COLOR, SEX, AGE, NATIONAL ORIGIN, DISABILITY, VETERAN STATUS, CITIZENSHIP STATUS, GENETIC INFORMATION, OR ANY OTHER BASIS PROHIBITED BY APPLICABLE LAW.