Logo of Huzzle

Market Risk Co-Op

Applications are closed

  • Internship
    Full-time
    Off-cycle Internship
  • Banking & Finance
  • Des Moines

Requirements

  • College Junior or Senior (or Master's student) in Finance, Economics, Mathematics, Statistics or other quantitative/computing field.
  • Coursework in or exposure to complex fixed income financial instruments and derivatives.
  • Programming experience preferred.
  • Strong analytical and computer skills in Access, SQL, Excel and Word.
  • Strong verbal and written communication skills.

Responsibilities

  • Support in preparation and analysis of the liquidity/ income risk reporting and daily QRM market creation processes.
  • Support in preparation and analysis of the monthly Market Risk Profile report.
  • Support in preparation and analysis of the monthly risk reports such as income risk and liquidity gap report etc.
  • Assist with the maintenance and upgrade of the risk management systems, i.e. QRM.
  • Align with internal controls and regulations.

Strong Bank. Strong Communities.

Finance
Industry
201-500
Employees
1932
Founded Year

Mission & Purpose

We’re not a traditional consumer bank – we’re a member-owned cooperative comprised of 1,300 community and commercial banks, credit unions, insurance companies, thrifts and community development financial institutions in 13 states. Our mission is simple: To provide our members the financial products and services that advance economic development and affordable housing initiatives in their communities. To do this, we seek to hire the best, forward-thinking employees who bring diverse backgrounds, talents and ideas to our teams in Des Moines, Iowa, and Seattle, Washington, where world-class art, culture and cuisine flourish. Both FHLB locations offer career opportunities in finance, accounting, information technology, communications and marketing, human resources and more. FHLB-Des Moines is one of 11 regional banks in the Federal Home Loan Bank System. We are governed by the Federal Housing Finance Agency, registered with the Securities and Exchange Commission (SEC) and operate autonomously with our own board of directors.