Farm Credit Bank of Texas is a $38.9 billion wholesale bank that has been financing agriculture and rural America for over 100 years. Headquartered in Austin, Texas, we provide funding and services to rural lending associations in five states, and we are active in the nation's capital markets.
While you may not be familiar with our name, Farm Credit Bank of Texas plays a critical role in supporting the businesses that make it possible for America to maintain access to an affordable and safe food supply, an industry which is one of the most innovative and evolving of our time. And while you help us deliver on our mission, we deliver on our commitment to you as a valued employee by providing competitive compensation, generous health and wellness benefits packages and an attractive hybrid workplace located along the bluffs of the Colorado River just minutes west of downtown Austin.
We seek out top talent in their fields, whether it be technology, finance, accounting, credit, human resources, or other administrative functions, and welcome you to join us in our mission to feed the world.
Position Description:
We are seeking a Funding Analyst who will assist in the daily management of a $30.0 billion debt and off-balance sheet derivatives portfolio under the guidance of the Director of Funding and Hedging. Provides assistance in the formulation and execution of debt and derivatives strategies. Additional responsibilities include funding and liquidity analysis, financial forecasting, variance analysis, and preparation of the bank's financial plan. This position will provide analytical support and serve as a backup for other positions in the financial management department.
Day-to Day-Duties and Responsibilities:
Serves as the primary back-up to the Director - Funding and Hedging
Assists in the daily management of the bank's debt and derivatives portfolios. Executes debt issuances and derivative transactions on behalf of the bank. Monitors the compliance of these financial instruments with established policies, procedures and regulations.
Develops, recommends for approval, and implements debt and derivative strategies that support the bank's asset/liability management objectives.
Assists in the daily management of liquidity position through debt structuring to comply with internal policies and regulatory guidelines.
Produces monthly reporting on funding and derivatives activities for bank management.
Supports development and maintenance of computer models related to debt management.
Provides backup support for the Loan Pricing process
Understands the bank's transfer pricing process
Produces rate sheets for district associations and other financial institutions.
Provides support to associations on loan pricing related issues
Provides ad hoc analytical support for other internal and external departments
Performs special project work as directed by the VP, Assistant Treasurer and Treasurer.
What You Bring to the Team:
Bachelor's degree with a major in finance, accounting, business administration or economics and seven (7) or more years of experience in liquidity and debt management, interest rate risk management, financial analysis, financial planning or financial reporting. MBA or CFA designation highly desirable.
Basic knowledge of analysis related to measuring and reporting interest rate risk positions. Handles basic issues and problems and refers more complex issues to higher-level staff. Ability to communicate/coordinate effectively with all levels of management as well as with outside vendors; Ability to exercise sound judgment, use discretion and maintain confidentiality. A minimal degree of creativity and latitude is expected. Ability to work with moderate supervision and to travel on a moderate basis. Skill in oral and written communication. Beginner to average level in Microsoft Office applications. Possesses analytical thinking and mathematical skills. Ability to work as part of a team.
Our benefits:
In addition to a competitive salary, we offer comprehensive, affordable, and competitive benefit options that are focused on health and wellness, financial security, and achieving a work-life balance:
Flexible and affordable health and wellness benefits, including medical insurance, prescription drug coverage, dental insurance, vision care, flexible spending accounts, and more.
401(k) plan that includes an employer match (up to 4%) plus an additional employer contribution (up to 5%), both of which vest on the first day of employment
Employer paid long-term disability and life insurance
Generous vacation leave, sick leave, and up to eleven paid holidays
Paid parental leave program of up to six weeks
Up to five days per year to volunteer in local community organizations, services, or events
Ongoing professional development opportunities
Generous tuition-reimbursement program
Physical fitness incentive plan
Employer matching gifts program
Modern hybrid work schedule combining in office and remote work locations.
Our culture:
In a world filled with unpredictable challenges, we invest in our people and ensure they have dependable careers with ample growth opportunities. As part of the larger Farm Credit System, we focus on building our culture around personal relationships and the ability to be connected to leadership through in-person conversations, regular town halls and employee engagement events. We are deeply committed to attracting and fostering a diverse workforce, development and career advancement and recognizing the hard work of individuals who contribute to our success.
Important note: We care about your hiring process and take it seriously. A real person will review your applications, meaning response timelines may vary. The interviewing process at Farm Credit Bank of Texas may include phone calls and emails, on-site interviews, and requests for portfolios or demonstrations of work. We cannot personally follow-up with each applicant, and we will do our best to create a professional, respectful, and thorough process for candidates with whom we identify as a potential fit.
