Stephen Yang

Background

About Stephen Yang

Seasoned financial professional with a strong foundation in risk management, investment strategy, and financial markets, spanning fixed income, equity derivatives, and commodities. I bring a cross-asset perspective shaped by hands-on experience across banking, insurance, and energy sectors. Currently at FHLB Des Moines, I focus on mortgage-backed securities (MBS) pricing, prepayment modeling, and portfolio strategy. I analyze housing market dynamics, monitor TBA market movements, and support hedging strategies to optimize mortgage portfolio performance. Previously at Athene/Apollo Global Management, I worked on equity derivatives trading and strategy, managing notional bespoke indices portfolio. I also led automation efforts using Python to streamline trading and reporting workflows. Earlier in my career at Chevron Fuels and Renewable Solutions, I managed financial and commodity risk, executed hedge trades, and optimized market exposure across energy products. I’m passionate about applying analytical rigor and cross-market insights to solve complex financial problems, enhance decision-making, and improve capital efficiency.