Capital Markets Analyst

Company: Federal Home Loan Banks Office Of Finance
Location: Reston
Posted on: April 2, 2026

Job Description:

Position Description POSITION: Capital Markets Analyst (Rotational) DATE: January 2026 DEPARTMENT: Capital Markets FLSA: Exempt REPORTS TO: Sr. Manager Funding Desk LOCATION : Reston SUMMARY OF POSITION: The Federal Home Loan Banks Office of Finance (OF) serves as the joint fiscal agent for the 11 Federal Home Loan Banks (FHLBanks), with its Capital Markets department responsible for issuing and servicing Consolidated Obligations (COs) on behalf of the FHLBanks. We are seeking a Capital Markets Analyst to join our team in an entry-level rotational role. This position offers a unique opportunity to gain hands-on experience across multiple functions within the Capital Markets department over a two-year rotation period. Analysts will build technical and analytical expertise in areas such as: Short-term and long-term funding desks Debt servicing operations Business intelligence and data analysis Investor relations and communications Ideal candidates are intellectually curious, detail-oriented, and adaptable, with a strong interest in capital markets and a desire to thrive in a dynamic, fast-paced environment. We’re proud of the way our teammates have a positive impact on everything we do. Our employees are committed to and exemplify our Core Values: Integrity through accountability, consistency, transparency, and trust Agility through adaptability, continuous improvement, expertise, and flexibility Partnership through collaboration, communication, leadership, and teamwork Inclusivity through diversity, relationships, respect, and support Key Responsibilities: Support Funding and Debt Operations Assist in daily activities related to short-term and long-term funding, as well as debt servicing. This includes coordinating and supporting the issuance of Consolidated Obligations (COs) for the FHLBanks, managing debt settlements and payments, and producing funding indications and guidelines. Data Analysis and Decision Support Collect and evaluate data from multiple sources, applying both qualitative and quantitative analysis to inform recommendations and decision-making. Market Commentary Prepare and deliver market analysis and commentaries to internal and external stakeholders. Gather and analyze capital markets activities and data trends. Stakeholder Engagement & Cross-Functional Collaboration Build and maintain strong working relationships with internal OF teams, the 11 FHLBanks, over 60 dealers, interest rate derivative counterparties, and other key market participants. Process Documentation and Project Support Contribute to the development and upkeep of business process documentation, workflow diagrams, and support various Capital Markets initiatives and projects. Requirements: Bachelor’s degree in business, Finance, Economics, or a related field is required. Proficiency in Microsoft Office Suite, with experience in Power BI or other business intelligence tools preferred. Demonstrated familiarity with debt capital markets, fixed income, derivatives and statistical concepts. Strong technical, analytical, organizational and planning skills, with the ability to manage multiple assignments and prioritize effectively. Ability to thrive in a fast-paced, high-performing team environment that values inclusivity and collaboration. Exceptional attention to detail and a commitment to accuracy. Self-starter with the ability to solve problems, complete tasks independently and on time, with minimal supervision. Strong interpersonal skills and communication skills, including the ability to listen actively, integrate diverse perspectives, build respectful relationships, and resolve conflicts constructively. Proof of eligibility to work in the United States. Equal Employment Opportunity: The Federal Home Loan Banks Office of Finance is committed to equal employment opportunity without regard to race (including traits historically associated with race, such as hair texture, hair type and protective hairstyles), color, religion, sex, pregnancy (including childbirth, lactation, and related medical conditions), national origin or ancestry, ethnic origin, age, physical or mental disability, veteran status, uniformed service member status, military status, sexual orientation, gender identity, status as a parent, marital status, genetic information (including testing and characteristics), citizenship or immigration status, or any other characteristic protected by applicable federal, state, or local law .

Keywords: Federal Home Loan Banks Office Of Finance, Franconia , Capital Markets Analyst, Accounting, Auditing , Reston, Virginia