Collateral Risk Analyst, Associate

Purpose:

The Federal Home Loan Bank of San Francisco (the "Bank") is a cooperative, wholesale bank that provides liquidity to its members and helps meet community credit needs by providing credit products and services to member financial institutions through all phases of the economic cycle. The Bank's members include commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions headquartered in Arizona, California, and Nevada. The Bank is member focused; embraces accountability to meet commitments and uphold our governance, risk and control standards as a government sponsored enterprise; and values differences to foster an inclusive culture.

The Associate will support key risk functions by assisting with valuation analytics, updating member mortgage data, and monitoring model performance to inform decision-making within the Bank's risk management division and other key stakeholders. Responsibilities include, but are not limited to, assisting members and vendors with technical questions and reporting, helping with member profile and collateral maintenance, reviewing collateral prices for reasonableness, reporting on risk metrics related to mortgage and securities collateral, and supporting the use of models by the team.

Major Accountabilities:

• Assist senior analysts in conducting stress tests on collateral, including whole loans and securities, to evaluate margin adequacy.
• Prepare and monitor daily reports to assist management in tracking price volatility and identifying and reconciling price variances.
• Contribute to the preparation and monitoring of model performance.
• Assist with pricing whole loans and securities.
• Support mortgage collateral programming to update data fields mapped to the Mortgage Collateral Management system.
• Monitor collateral updates and assist customers with mortgage data file errors, corrections, and data mapping requirements.
• Provide customer service support for the member portal and other system issues the member may encounter.
• Serve as the records coordinator, managing the declaration and destruction of records.
• Ability to be on-site 3 days per week: Tuesday, Wednesday and Thursday, at minimum.

Skills/Knowledge:

• College degree in Business, Finance, Accounting, or related fields preferred.
• Mortgage Banking work experience is preferred.
• Knowledge of mortgage and security instruments or loan origination experience is a plus, but not required.
• Excellent interpersonal skills to work in a team environment and to influence and interface with a broad range of stakeholders at all levels, both internal and external.
• Strong communication skills, both written and verbal.
• Ability to work independently, take ownership of tasks, and manage multiple projects while maintaining high accuracy and meeting deadlines.
• Detail-oriented and well-organized.
• Proficiency with Microsoft Excel, Power BI, and SQL.

SALARY RANGE: $90K - $105K

The Federal Home Loan Bank of San Francisco is an Equal Employment Opportunity employer and is committed to a diverse workforce. We value and actively seek to recruit, develop, and retain individuals with varied backgrounds and experiences reflecting the full diversity of the communities that we serve. It is the policy of the Bank to comply with all applicable laws concerning the employment of persons with disabilities.

Salary ranges reflect the base salary that the Bank reasonably expects to pay for a given role and is not inclusive of annual incentive award opportunities, retirement benefits or the value of other health and welfare or other ancillary benefits. We consider many factors when determining base salaries such as individual background and experience, the competitive environment, education, particular skill set(s), and industry and institutional knowledge.

The Bank is committed to offering all team members challenging and engaging work with market competitive pay, retirement, and benefit offerings. In support of this commitment, the Bank routinely engages in market competitive benchmarking surveys and analysis to ensure our team members continue to be paid fairly and competitively.