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Operational Risk Intern - OPEN TO INROADS ONLY
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Job Description

Operational Risk Intern - OPEN TO INROADS ONLY

The Federal Home Loan Bank of Des Moines seeks a summer intern to join the Operational Risk Team where they will assist with various components of the Operational Risk framework. The main areas of focus will include: UDA (user-developed applications) governance, monitoring and certification, with the opportunity to assist in other areas of the Operational Risk Program. This role will offer exposure to other business areas in the Bank and require learning the Bank's governance, risk management, and compliance (GRC) automated system, along with various other tools.

Core bank hours are 8:00 a.m. - 5:00 p.m., with flex-time options available. Current students and candidates with a strong interest in operational risk and who are able to work full-time hours are preferred.


* Sophomore or Junior working towards a Bachelor's degree in finance, accounting, business, economics, or mathematics
* Professional demeanor
* Strong interest in the banking industry
* Exceptional verbal and written communications skills with a strong attention to detail
* Strong computer skills; proficient in Microsoft Excel, Access, Word and SharePoint
* Strong work ethic, ability to multi-task, and teamwork orientation
* Ability to quickly learn new applications
* Sustains a positive outlook and views challenges as opportunities

About Federal Home Loan Bank of Des Moines

Federal Home Loan Bank of Des Moines (the Bank) is a federally chartered corporation. The Bank invests in mortgage loans through the Mortgage Partnership Finance (MPF) Program, which is a secondary mortgage market structure, under which it purchases eligible mortgage loans from participating financial institution members (PFIs) (collectively, MPF loans). MPF loans are conforming conventional and Government, which is insured or guaranteed by the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA), the Rural Housing Service of the Department of Agriculture (RHS) or the Department of Housing and Urban Development (HUD) fixed rate mortgage loans secured by one-to-four family residential properties with maturities ranging from 5 years to 30 years or participations in such mortgage loans. The Bank also accepts deposits from its members, eligible nonmembers, and housing associates. (Source: 10-K)

This company profile was created by AfterCollege and is about Federal Home Loan Bank of Des Moines. This page is not endorsed by or affiliated with Federal Home Loan Bank of Des Moines. For questions regarding company profiles, please email: care@aftercollege.com.