Capital Markets Intern

Federal Home Loan Bank of DallasIrving, TexasOn-siteInternshipListed 1 hour ago

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About this role

FHLB Dallas actively pursues dedicated and hardworking individuals to be a part of our professional team. Positions are offered on an as-needed basis for all departments. View our current opportunities by clicking the View Open Positions tab above.

This program offers insight into the operations of a professional trading desk. The Intern will collaborate with the Treasurer, Portfolio Manager, and Traders to observe daily trading activities. The curriculum covers pricing methodologies, funding strategies, hedging philosophies, and portfolio management decisions. Additionally, the Intern will have the opportunity to engage with cross-functional teams to understand how risk, accounting, and IT functions support the bank’s trading and investment activities.

PRIMARY RESPONSIBILITIES

- Develop a foundational understanding of how investment, funding, and mortgage portfolios are analyzed, structured, and managed.
- Assist with pricing of advances and facilitate transaction verification and documentation utilizing platforms such as eNegotiate, FMS, Marketwire, and Calypso.
- Understand key balance sheet instruments and analyze how their values and risks respond to changes in interest rate environments.
- Help optimize reporting workflows and process automation initiatives using tools such as SSRS, VBA, SQL, or Power BI.
- Support product and system testing by helping evaluate functionality, accuracy, and performance.
- Support market information collection and validation by consulting multiple reliable sources.
- Perform market research and conduct ad hoc analyses to enhance portfolio management strategies.
- Present relevant market color in bi-weekly bank meetings and a presentation on a relevant topic at the end of the internship.

REQUIREMENTS

- Bachelor’s or master’s degree in finance, economics, or related field
- Working knowledge of fixed income instruments and risk measures
- Exposure to data science or computer science preferred
- Strong MS Excel skills; proficiency in VBA, SQL, Power BI
- Strong attention to detail and accuracy
- Analytical, conceptual, and IT skills relevant to asset pricing and risk measurement
- Excellent interpersonal, communication, and organizational abilities; capable of managing multiple projects

WORK SCHEDULE

- Working hours are adaptable and determined by the student’s academic timetable, relevant course requirements (where applicable), and individual availability. • Hours Per Week : 40

FHLB Dallas Offers a Professional, Inclusive Culture

FHL Bank Dallas employees are committed to and exemplify the following principles:

- Service to our members is first and foremost
- All business will be conducted honestly and ethically
- Each employee contributes to customer service by directly serving our members or supporting those who do
- Interaction with members should focus on building professional relationships and helping customers achieve their goals
- Cooperation and teamwork throughout and across all levels of FHLB Dallas are essential to its effectiveness
- Colleagues and members will be treated with the utmost respect and dignity

FHLB Dallas provides equal employment opportunity to all individuals without regard to race, religion, color, sex, age, marital status, ancestry, veteran status, disability, or national origin. FHLB Dallas will consider for employment all persons on an individual basis consistent with job-related criteria without regard to visible and non-visible disabilities. Equal opportunity applies to all employment practices, including recruitment, screening, hiring, compensation and training, as well as other conditions and privileges of employment.