Enterprise Risk Management Internship

Enterprise Risk Management Internship

General Summary:

Provides financial, economic, and risk management analyses utilizing financial modeling software programs, advanced Excel tools, and other sophisticated reporting programs in support of the FHLB's financial and credit risk management.

Principal Duties and Responsibilities:

• Researches, develops, and implements analyses and projects related to all aspects of risk analysis, assessment, and reporting, with primary focus on model and credit risk.
• Assists in the evaluation, development, implementation and maintenance of new or enhanced processes and reports.
• Performs other routine office duties and special projects as assigned by management.

Minimum Knowledge, Skills and Abilities Required:

• Knowledge at a level normally acquired through completion of a bachelor's degree in business with coursework in finance, accounting, and economics. One year in a master's degree program in Economics, Applied Mathematics, Statistics, or Business Administration with concentration in finance, economics, or quantitative analysis is desirable.
• Proficiency in use of personal computer, including advanced skills utilizing Excel. Proficiency with business intelligence software (e.g., Tableau) and/or statistical software (e.g., R, Stata, Python) is preferred.
• Exposure to the financial services industry and financial modeling practices and systems is preferred.
• Familiarity with general risk management, internal audit, and/or compliance practices is preferred.
• Understanding of relevant Generally Accepted Accounting Principles, especially those related to financial institutions, mortgage securities, and derivatives.
• High degree of initiative and independence to produce effective and timely work, including development of the position's responsibilities.
• Effective verbal and written communication skills including interpersonal skills necessary in order to interact effectively with internal contacts.
  
  

Working Conditions:

Requires daily use of personal computer.