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The Federal Home Loan Bank of Boston is a leading provider of wholesale funding for housing and community finance in New England serving more than 420 financial institutions across the region. The Federal Home Loan Bank of Boston is committed to making New England a better place to live and do business, and our employees are integral to our success. As a cooperative, we are owned by more than 420 banks, credit unions, insurance companies, and community development financial institutions that access tens of billions of dollars of our reliable, wholesale funding each year. Our funds are a vital resource that helps our members succeed, provide families with safe, decent affordable housing, and generate economic development that creates jobs in communities throughout our region.
Our highly skilled team of 200 is diverse, innovative, collaborative, and passionate about the work we do. We seek other professionals excited to share their knowledge, talent, and passion for our mission to join our team. We offer opportunities for career development, robust benefits, and a work-life balance.
Position Summary
The Member Funding Associate is responsible for conducting sales, market research and customer service activities on the Bank’s Member Funding Desk. The incumbent participates in all aspects of the marketing and sales of advances products and works with member banks, credit unions and insurance companies to identify appropriate FHLBank Boston solutions. The Member Funding Associate also conducts and oversees the processing of other sales-related or service-related financial transactions. The position additionally supports the rest of the Treasury department as a resource relating to the Bank’s advances products and member borrowing needs/patterns, as well as supporting additional departmental functions, as necessary, and works with other FHLBank staff to support various business development initiatives.
This role is ideally suited for someone with 1 – 3 years of financial services industry experience.
The Bank does not sponsor work authorization for entry- or junior-level positions.
To set a new colleague up for success, our expectation is that 3 or 4 days a week will be office-based work. This role will have a hybrid work schedule in our Boston office in accordance with the Bank’s Hybrid Work Program.
Specific Responsibilities
Knowledge/Skills
Education
Experience
The Federal Home Loan Bank of Boston is committed to building and sustaining a diverse workforce that reflects the communities that we serve. As an Equal Opportunity Employer, we strongly encourage applicants from every ethnicity, color, religion, gender, age, national origin, disability, veteran or parental status and sexual orientation.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
#LI-Hybrid
Full Time
$122k-160k (estimate)
04/03/2024
06/02/2024