Does FHLB Des Moines pay their employees well?

According to anonymously submitted Glassdoor reviews, FHLB Des Moines employees rate their compensation and benefits as 4.0 out of 5. Find out more about salaries and benefits at FHLB Des Moines. This rating has improved by 12% over the last 12 months.

How satisfied are employees working at FHLB Des Moines?

74% of FHLB Des Moines employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated FHLB Des Moines 3.8 out of 5 for work life balance, 3.8 for culture and values and 3.2 for career opportunities.

What are the top reviewed jobs at FHLB Des Moines?

Intern (5) , Market Risk Analyst (5) , Manager (3) , Analyst (2) , Collateral Analyst (2) , Intern - Hourly (2) , Risk Analyst (2) , SVP-Technology (2) , Senior Analyst (2)

What are the pros of working at FHLB Des Moines according to real employee reviews?

"great people and risk averse" ((in 10 reviews)); "good benefit for PTO etc" ((in 9 reviews)); "Pay is good." ((in 8 reviews)); "FHLBDM has good Work/life balance here" ((in 8 reviews)); "Salary an benifits are good" ((in 5 reviews))

What are the cons of working at FHLB Des Moines according to real employee reviews?

"IT management is horrible with favoritism and bullying occurring at every level from CBTO down to middle management." ((in 5 reviews)); "Things worked out in the end because she didn't see me as a threat and I realized what I was dealing with (an emotional manager) and figured out my place and accepted her for who she was." ((in 2 reviews))

What are the top reviewed FHLB Des Moines locations?

Des Moines , Seattle , Chicago , Allston , Des Moines

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FHLB Des Moines

FHLB Des Moines reviews

3.8

74% would recommend to a friend

(70 total reviews)

Kris Williams

80% approve of CEO

67% positive business outlook

Ratings by category

4.4

Diversity & inclusion

4.0

Compensation and benefits

3.8

Culture & values

3.8

Work/Life balance

3.2

Senior management

3.2

Career opportunities

FHLB Des Moines has an employee rating of 3.8 out of 5 stars, based on 70 company reviews on Glassdoor which indicates that most employees have a good working experience there. The FHLB Des Moines employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

70 reviews

4.0

Mar 14, 2024

Great Place to work

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great senior management, good work-life balance, work that you do directly impacts communities, highly responsible job

Cons

Pathetic HR department Very poor IT support group Flat organization

FHLB Des Moines Response

Thank you for your review. While we may not get everything right every time, we're always continuously improving. And one thing that never changes: the impact of our work for our members and their communities!

4.0

Aug 18, 2023

Great culture and banking institution

Information technology

Recommend

CEO approval

Business Outlook

Pros

Great sense of purpose and community, excellent compensation and benefits

Cons

Very compliance-driven, no room for innovation or forward-thinking

FHLB Des Moines Response

Thank you for your review of the Bank. We’re so glad you feel a sense of purpose in your work and feel the impact it has in our communities! While we are quite compliance-driven, we believe a safe, strong and secure Bank is critical to living our mission as a stable and reliable provider of funding for our members.

3.0

Oct 29, 2021

Project Manager

Senior project manager

Recommend

CEO approval

Business Outlook

Pros

The majority of the people are great to work with.

Cons

The amount of process they have put into each project is overwhelming. They are so risk adverse nothing reasonable can be done. They expect zero defects on projects. If one thing isn’t perfect it is a huge issue and all projects need to add additional safe guards to make sure it never happens again.

FHLB Des Moines Response

Thank you for your feedback. You’re right – our people are great! And while our (heavily) regulated environment means we don’t have a big risk appetite, we aren’t risk adverse, either. We believe in building a strong risk culture so we can manage the risk in our work – instead of letting the risk manage us.

Viewing 10 - 12 of 70 Reviews

Jobs at FHLB Des Moines

Systems Administrator II - Linux

Lead Business Intelligence Report Developer

Senior Fixed Income and Derivative Portfolio Manager