Operational Risk Intern, Summer 2023
Federal Home Loan Bank of Des Moines

Job Info

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At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.

As the Operational Risk Intern at Federal Home Loan Bank of Des Moines, you will join a collaborative and committed team in a disciplined pursuit of long-term business performance. We have a demonstrated and continued commitment to meeting regulatory expectations.

As a member of the Operational Risk team, you'll work directly with the staff in the day-to-day implementation of the Bank's overall operational risk management program with primary focus on the Department's responsibilities related to the maintenance of an effective control environment as well as overall enhancements to the Bank's internal control environment.

The duration of this Internship will be approximately May through August of 2023.

Accountabilities:

• Participates in various aspects of the implementation of new systems, enhancements, reporting and data migration analysis.
• Assists in the implementation of strategies for the identification, assessment, measurement, monitoring and reporting of operational risk across the Bank as well as evaluating the application of various risk mitigations.
• Assists with assurance testing and control gap identification and remediation.
• Performs other duties and projects as assigned.

Qualifications

• Finance, Accounting, Business Administration or Business Management (undergraduate or graduate) student preferred.
• Highly flexible, ability to execute well in a fast-paced work environment.
• Strong analytical and critical thinking skills.
• Strong organizational skills and detail oriented.
• Strong skills in Word, Outlook, PowerPoint, Excel and Access.
• Strong verbal and written communications skills that promote effective working relationships in a team-oriented environment.
• Ability to manage multiple and sometimes competing priorities.

Compensation Range:
Hourly: $20.00 - $25.00

This salary range represents the Bank's good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant's education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data.This role is also eligible to participate in the Bank's annual incentive plan.

As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance. Most roles are eligible for our hybrid work schedule of 3 days per week in office, 2 days per week work-from-home. We match 100% of the first 6% you contribute to your 401(k), and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year. More information on our Total Rewards program can be found here.

At FHLB Des Moines, we celebrate diversity, work to create an inclusive culture and champion equity in all of our policies and practices. This enables us to effectively serve the needs of our members and help them succeed. FHLB Des Moines is proud to be an Equal Opportunity Employer. We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.

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