Federal Home Loan Bank of Des Moines Header

Collateral Analyst

Des Moines, IA
Full-Time

Job Description

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.

Accountabilities:

Responsibilities/Duties/Function/Tasks:

  • Evaluates pledges and releases of loan and securities collateral for acceptability including municipal security evaluation and pricing
  • 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.
  • Understands and evaluates applicable Bank policies, procedures, and regulations ensuring the team maintains compliance while executing job duties.
  • Reviews collateral data received from members in order to create reports for the Collateral Manager and senior management.
  • Ensure business activities are in line with Strategic Business Plans.
  • Assist with management of team internal controls and regulatory issues via thorough evaluation, providing feedback as necessary to management,
  • Reconcile collateral subject to subordination with other creditors as necessary.
  • Onboard members for eNotes and maintain information in the eVault and MERS eRegistry.
  • Other duties and projects as assigned.

Qualifications:

  • Bachelor’s degree in an accounting, finance, business or math-related fields or equivalent experience in a financial services field.
  • Experience with mortgage lending documentation (residential, commercial, and/or agricultural).
  • Experience working with securities preferred.
  • High attention to detail; inquisitive mind-set.
  • Strong written and verbal communication skills.
  • Strong PC skills, including proficiency using Microsoft Windows, Word, , Excel, SQL and Qlik Sense.
  • 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 possess a strong desire to learn.

Compensation Range:

Annual Salary: $53,194.00 - $63,168.00

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. 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 work to create an inclusive culture. 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.

PDN-a173c9ab-8496-442f-82cb-c37044943213

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.

Accountabilities:

Responsibilities/Duties/Function/Tasks:

  • Evaluates pledges and releases of loan and securities collateral for acceptability including municipal security evaluation and pricing
  • 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.
  • Understands and evaluates applicable Bank policies, procedures, and regulations ensuring the team maintains compliance while executing job duties.
  • Reviews collateral data received from members in order to create reports for the Collateral Manager and senior management.
  • Ensure business activities are in line with Strategic Business Plans.
  • Assist with management of team internal controls and regulatory issues via thorough evaluation, providing feedback as necessary to management,
  • Reconcile collateral subject to subordination with other creditors as necessary.
  • Onboard members for eNotes and maintain information in the eVault and MERS eRegistry.
  • Other duties and projects as assigned.

Qualifications:

  • Bachelor’s degree in an accounting, finance, business or math-related fields or equivalent experience in a financial services field.
  • Experience with mortgage lending documentation (residential, commercial, and/or agricultural).
  • Experience working with securities preferred.
  • High attention to detail; inquisitive mind-set.
  • Strong written and verbal communication skills.
  • Strong PC skills, including proficiency using Microsoft Windows, Word, , Excel, SQL and Qlik Sense.
  • 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 possess a strong desire to learn.

Compensation Range:

Annual Salary: $53,194.00 - $63,168.00

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. 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 work to create an inclusive culture. 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.

PDN-a173c9ab-8496-442f-82cb-c37044943213

About Federal Home Loan Bank of Des Moines

As a member-owned cooperative, our mission is simple: To provide our members the financial products and services that advance economic development and affordable housing initiatives in their communities.

To do this, we seek to hire the best, forward-thinking employees who bring diverse backgrounds, talents and ideas to our team. We offer rewarding career opportunities in a variety of areas including finance, accounting, information technology, communications and marketing, human resources and more.

FHLB-Des Moines is one of 11 regional banks in the Federal Home Loan Bank System. We are governed by the Federal Housing Finance Agency, registered with the Securities and Exchange Commission (SEC) and operate autonomously with our own board of directors.

Offering Total Rewards

Our employees can get involved in employee-led committees at the Bank and volunteer in their own neighborhoods. Employees also enjoy hybrid work schedules with a positive work/life balance and a complete benefits package:

  • Competitive salary and incentive plan
  • 401(k) with employer match and an additional year-end discretionary contribution
  • A variety of health and wellbeing benefits, including medical, dental, vision and life insurance
  • Paid Time Off, Volunteer Time Off and 11 paid holidays
  • Ongoing development
  • Social and community activities

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Federal Home Loan Bank of Des Moines
Collateral Analyst
Federal Home Loan Bank of Des Moines
Des Moines, IA
Apr 3, 2026
$53,194 - $63,168 a year
Full-time
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