FHLBNY Open Positions
Manager of Investment and Portfolio Management
Reference Number: 09043
Department: Asset Liability Management
Location: New York
Function:
• Responsible for/supervises the Fair Value assessment of the Bank’s securities,
including detailed credit analysis and its impact to the valuation of PLMBS.
• Compile all necessary documentation to substantiate fair value assessments and
collaborating/coordinating with risk management groups to validate
reasoning/sources used.
• Select, value, price and negotiate the purchase of MBS, and other mortgage
related product as authorized by ALMC and specified by the Director.
• Propose funding strategies for investments and the portfolio.
• Maintain the Bank’s MBS, and other securities databases. This includes data
entry, data integrity, determining necessary fields of information and amending
database structure accordingly.
• Use designated software to perform duties -- use Polypath, Intex, and
Bloomberg applications to generate analysis and data for Risk Management and
ALM as required on individual mortgages, securities or portfolios. Perform all
other tasks as assigned.
Requirements:
Skills
• Superior analytical skills
• Strong in finance, likely with an undergraduate degree in economics or finance
• Can establish analytical framework to choose from diverse investment
opportunities that meet Bank financial objectives
• Can communicate portfolio strategies and activities to Director, Head of ALM and
ALMC in ways that distill strategies to levels appropriate to each audience
• Excellent financial modeling skills
• Excellent negotiating skills
• Excellent Oral Communications skills
Education
• Bachelors degree required, preferably in Finance. MBA in Finance or CFA
preferred
Experience
Experience with:
i. MBS market
ii. Derivatives
iii. Project management
iv. Database management
Resumes may be submitted via:
- e-mail to careers@fhlbny.com
- fax to (212)949-2070
- mail to
Federal Home Loan Bank of New York
Attn: Human Resources
101 Park Avenue, New York, NY 10178
Equal Opportunity Employer
The Federal Home Loan Bank of New York adheres to a policy of Equal Employment Opportunity, which ensures that employees and applicants for employment receive fair and equal treatment regardless of race, color, religion, gender, age, national origin, citizen status, disability, sexual orientation, status as a parent, or veteran status or any other characteristic protected by federal, state, or local laws. This nondiscrimination policy, which became the law under Title VII of the Civil Rights Act of 1964, applies to all employment practices including, but not limited to, recruitment advertising, recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, and other terms, privileges, and conditions of employment.