At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.
Analyze, evaluate, measure and report on processes and controls of all collateral pledged to support member credit exposures. Ensure compliance with policies, procedures and regulations while promoting efficient, effective end-to-end collateral processes to support the Bank's business model and the members it serves. Contribute to a variety of projects and activities that support continuous process improvement for the Bank.
Accountabilities:
Key Responsibilities:

• Evaluates pledges and releases of loan and securities collateral for acceptability, including municipal security evaluation and pricing.
• Manages one-off situations from investigation to resolution, including escalating when appropriate.
• Coordinates across departments to drive completion of projects and other Bank initiatives with a focus on continuous improvement.
• Reviews member requests to determine the course of action which best facilitates a solution to the member's need.
• Monitors, identifies, and reports any member collateral deficiencies. Works with the member to correct the deficiencies.
• Reviews collateral data received from members to create reports for the Collateral Manager and senior management.
• Act as subject-matter expert on Collateral Operations.
• Understands and evaluates applicable Bank policies, procedures, and regulations ensuring the team maintains compliance while executing job duties.
• Provides excellent service to internal and external customers by responding to requests for service and choosing the appropriate method for communicating with members and co-workers.
• Ensures business activities are in line with Strategic Business Plans.
• Assists with management of team internal controls and regulatory issues via thorough evaluation and providing feedback as necessary to management.
• Reconciles collateral subject to subordination with other creditors as necessary.
• Onboards members for eNotes and maintains information in the eVault and MERS eRegistry.
• Other duties and projects as assigned.

Requirements:

• Bachelor's degree in an accounting, finance, business or math-related fields, or equivalent experience in a financial services field.
• Three years of experience with mortgage lending documentation (residential, commercial, and/or agricultural) or equivalent.
• Experience working with securities.
• High attention to detail; inquisitive mind-set.
• Strong written and verbal communication skills.
• Ability to engage others respectfully, self-motivate and has strong organization and presentation skills.
• Strong PC skills, including proficiency using Microsoft Windows, Word, Excel, and SQL.
• Ability to work independently and change focus as the business need may dictate.
• Ability to work collaboratively with other staff and other Bank departments.
• Ability to positively engage, self-motivate, and possesses a strong desire to learn.
• Demonstrated ability to foster a work environment that values, welcomes, respects and honors all dimensions of diversity.

Compensation Range:
Annual Salary: $62,000.00 - $70,000.00
This salary range represents the Bank's good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant's education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data. This role is also eligible to participate in the Bank's annual incentive plan.

As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance. Most roles are eligible for our hybrid work schedule of 3 days per week in office, 2 days per week work-from-home. We match 100% of the first 6% you contribute to your 401(k), and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year. More information on our Total Rewards program can be found here.
At FHLB Des Moines, we celebrate diversity, work to create an inclusive culture and champion equity in all of our policies and practices. This enables us to effectively serve the needs of our members and help them succeed. FHLB Des Moines is proud to be an Equal Opportunity Employer. We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.