Credit Risk Analyst - Hybrid | 5 Weeks PTO + 401(k) Match

FHLB Des Moines; Des Moines (IA); Hybrid; USD 59,000 - 70,000; Full time

Benefits offered by this job

11 paid holidays

5 weeks of PTO

401(k) matching

Job summary

FHLB Des Moines is seeking a Credit Risk Analyst to support credit risk management by evaluating member financial institutions and counterparties. The role involves analyzing financial statements, monitoring risk indicators, and assessing collateral adequacy to inform lending decisions.

You will perform stress testing, model evaluation, and regulatory reporting while collaborating with cross-functional teams. A 1–3 year background in credit analysis and strong Excel skills are preferred.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Statistics, or a related field.
• 1–3 years of credit analysis, banking, financial services, risk management, or related experience.
• Knowledge of financial statement analysis and interpretation.
• Understanding of credit risk principles, portfolio management concepts, and risk assessment methodologies.
• Proficient in Excel, Word, and PowerPoint.

Responsibilities

• Conduct periodic credit reviews and ongoing monitoring of member financial institutions and counterparties.
• Analyze financial statements, regulatory filings, performance trends, and key risk indicators.
• Evaluate collateral adequacy, borrowing capacity, and compliance with lending and credit policies.
• Monitor trends in capital adequacy, liquidity, asset quality, and earnings performance.
• Prepare credit analyses, risk ratings, and review memoranda for management decisions.
• Perform monitoring, stress testing, and scenario analyses for credit risk exposure.
• Assist with regulatory reporting and examinations; validate risk models and methodologies.
• Collaborate with business units to strengthen risk management and reporting processes.

Skills

Analytical thinking

Problem solving

Written communication

multitasking

Education

Bachelor's degree in Finance, Accounting, Economics, Statistics, or related field

Tools

SQL

Microsoft Excel

BI platforms

Job description

FHLB Des Moines is seeking a Credit Risk Analyst to support credit risk management by evaluating member financial institutions and counterparties. The role involves analyzing financial statements, monitoring risk indicators, and assessing collateral adequacy to inform lending decisions.

You will perform stress testing, model evaluation, and regulatory reporting while collaborating with cross-functional teams. A 1–3 year background in credit analysis and strong Excel skills are preferred.