Financial Analyst

ABOUT US / OUR MISSION: The Funding Corporation issues high-quality debt securities in the financial markets to finance Farm Credit System loans, leases and operations. Through our work, we connect investors with the System's vital mission: their funds become the capital that farmers and rural communities use to build businesses, care for the land and strengthen the nation's agricultural system. 

Every day — through the debt securities we issue and the information we provide — the Funding Corporation works to ensure that hundreds of thousands of members of rural communities have consistent access to the financial resources they need.

• Work-life balance, flexible scheduling, great benefits, and competitive pay

• Value diversity and equity while seeking ways to engage employees through inclusion and fun events

• A great culture that provides a positive work environment with professional and amiable colleagues at all levels

• The Funding Corporation is an Equal Opportunity Employer and does not discriminate based on race, color, religion, national origin, sex, age, marital status, disability, protected veteran status or any other status protected by federal, state or local law

ANNUAL SALARY RANGE: $60,000 - $75,000

POSITION OBJECTIVES: Support the Finance Department in the management of the day-to-day debt issuance programs that fund the Farm Credit System Banks. Work closely with other members of the Finance Department across a broad range of finance activities including debt pricing and issuance, trade documentation, maintenance of Finance Department policies and procedures, dealer group management, project development, compliance and audit. Ensure that all regulatory documentation and audit requirements are met. Interact on a daily basis with the thirty six members of the Funding Corporation’s dealer group and with the other constituents of the Funding Corporation including the Farm Credit System Banks, regulators (the Farm Credit Administration), and both internal and external auditors. This position has the potential to grow into being the primary person responsible for the administration of the short-term funding programs.

BACKGROUND & QUALIFICATIONS: The position requires a college degree preferably in finance, economics, or a related field with any applicable financial services industry knowledge a positive. The position requires high standards for quality, accuracy and ethical behavior. Bond market experience is a plus but not a requirement.  

Success in this position will build on the following skills and personal strengths:

• Ability to obtain a general understanding of the securities of the U.S. Treasury, agency and corporate bond markets; their trading characteristics, structure and transactional mechanics.

• Strong organizational skills

• Ability to organize, coordinate, and prioritize multiple projects with varying timelines.

• Good judgment.

• Ability to multi-task complex assignments in a dynamic, fast-paced environment.

• Aptitude to conduct market and economic research and communicate the analysis effectively.

• Familiarity with debt pricing, interest rate forecasting and economic analysis.

• Experience using Bloomberg Terminals.

• Ability to relate, communicate and negotiate effectively with members of Selling Group, System Banks, and internally.

• Excellent verbal and written communication skills.

• Proficiency using Microsoft Office Applications.

• Ability to think independently and analytically.

• Ability to work on inter-departmental projects.

• Support and develop into being the primary person responsible for the short-term debt obligation issuance efforts including pricing, execution, allocation and administration; Maintain/manage dialogue and coordination with the Banks and the Dealer Group.

• Develop a proficiency in all fixed income product types issued by the Farm Credit System Bank and to become a capable backup for all Systemwide debt issuance including pricing, execution and allocation should the need arise.

• Establish and maintain a highly professional working relationship with the members of the Dealer Group.

• Research market and economic information and provide concise written and verbal analysis for the Finance Department, Senior Management, Executive-level management and external constituencies as requested.

• Manage the day to day administration of all documentation related to the various funding programs including but not limited to timely and accurately executed trade tickets, trade documentation, signature authorizations, and all dealer communications.

• Support the management of the Dealer Group and System Bank risk controls by administering authorizations and documentation within a regulated framework.

• Interacting with the Farm Credit Administration; responsible for debt issuance Shelf documentation and renewal.

• Maintain and update Finance Desk and Funding Program procedures; including regular review of associated documents in preparation for audits.

• Serve as primary interface with the Securities Operations department to facilitate debt issuance settlement and internal processes.

• Responsible for dealer ranking performance report related activities including researching, collaborating and producing the reports.

• Assist in the maintenance of thorough and complete documentation files of financing activities, Selling Group performance and communication for compliance with all applicable requirements and regulations.

• Primary contact for Document Retention; Ensure all documentation is maintained in accordance with the Finance Department Document Retention Policy.

• Present and promote the role of the Funding Corporation and Finance Department in accomplishing the mission of the Farm Credit System, as requested.

• Assist in the development of technology and process improvements.

• Assist the Department’s audit obligations by being the primary contact for documentation requests and SOX procedure maintenance. 

• Primary contact for Department external events including meetings and conferences.

• Facilitate the signing of electronic contractual agreements with counterparties.

• Responsible for managing the Department’s contact and counterparty databases.

• Work location – Remote and Jersey City, NJ (next to Exchange Place PATH)

• Work schedule – Hybrid (3 days in office, 2 days remote) and flexible

• Employment Type – Full time, permanent, and exempt

• Salary range is done in “good faith” and compensation is commensurate with knowledge, skills and experience

• The Funding Corporation will not sponsor applicants for work visas (e.g. H-1B, F-1, OPT etc.) now or in the future