Treasury Analyst

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Base pay range: $/yr – $/yr.

The Treasury Analyst at Farmer Mac will support the Treasury front office teams’ issuance, derivative and investment activities. This includes business reporting, transaction documentation, derivative collateral monitoring and optimization, system testing and troubleshooting and partnering with the Treasury Operations and Accounting teams as a primary liaison with the Treasury front office teams. This position will not have trade execution authority. The individual must be detail oriented, capable of balancing competing priorities with firm deadlines while displaying the ability to work independently within established parameters.

The position will report to the Assistant Treasurer and primarily support the Treasury front office team tasked with debt issuance, hedging and investment activities. It will interact with Farmer Mac’s debt and derivatives counter parties and internal stakeholders across the Finance team, focusing on coordination with Treasury Operations and Accounting. The position will also support, together with the IT team, the front‑end systems and databases for trade capture across debt, derivative, and investment portfolios.

Work is conducted following a hybrid model of a combination of work from home days and in‑person days at Farmer Mac’s headquarters at 2100 Pennsylvania Avenue N.W., Washington, DC. The Treasury team works in the office twice a week, subject to changes in policy. This is not a fully remote position; significant travel is not expected. Availability during market hours (8:00 am – 5:00 pm Eastern Time) is required, with occasional out‑of‑core‑hours or out‑of‑day activities for time‑sensitive projects or off‑site meetings.

• Assist in reviewing debt, derivative and investment transaction bookings for accuracy.
• Monitor the company’s cost‑of‑funds curve, market liquidity, and potential impacts from market changes and communicate information to the funding and investment teams.
• Assist portfolio managers in system updates for Farmer Mac’s funding curve, monitor new loan activity and monitor interest‑rate exposures on rate‑locked loans.
• Liaise between Treasury Front Office, Treasury Operations and dealers for trade settlement breaks on debt issuances, interest‑rate swap payments or investment securities transactions. Escalate as needed with counter parties and internal stakeholders.

• Lead and oversee the documentation process for the company’s debt issuances to ensure timely and accurate postings of debt offerings and execution of transactions with counter parties.
• Perform daily collateral validation and recommend collateral calls to counter parties.
• Lead the Treasury team’s workstream for managing initial margin and variation margin requirements and optimization across the company’s cleared and bilateral swap portfolios, including compliance buildout for Uncleared Margin Rules (UMR).
• Review and interpret terms of ISDA agreements and associated Credit Support Annexes ensuring collateral terms are properly documented in the system.
• Monitor and report on exposures to bilateral swap counter parties, including material changes in exposures and credit ratings, and partner with Treasury Operations to adjust margin postings as required.
• Lead the Treasury team’s review and execution of documentation for bilateral swaps.

• Work with the Finance Data Analytics team to resolve data gaps between front‑office trade capture system and the Finance data warehouse.
• Assist front‑office portfolio managers in capturing investor information on debt issuance trades and logging it into the trade capture system to improve investor‑relations targeting and reporting.
• Partner with portfolio managers and Accounting and Financial Reporting teams as needed to investigate data inconsistencies in front‑end trade systems, especially static data, cash flows and market‑data feeds from providers such as Bloomberg.
• As…