Enterprise Risk Intern

Federal Home Loan Bank of Des Moines; Des Moines (IA); On-site; USD 25,000 - 36,000; Part time

Job summary

The Enterprise Risk Intern at Federal Home Loan Bank of Des Moines will join a collaborative team working to strengthen the Bank's risk management program and internal controls. The role emphasizes supporting the department in maintaining an effective control environment while contributing to enhancements across the Bank's internal control framework.

You will assist with system implementation, risk assessment, assurance testing, and SOX 404 processes under COSO guidelines, gaining hands-on

Qualifications

• Pursuing a degree in Finance, Accounting, Business Administration or Business Management.
• Strong MS Word, Outlook, PowerPoint and Excel skills.
• Strong analytical and critical thinking skills.
• Strong verbal and written communications skills.
• Strong organizational and detail-oriented.
• Ability to manage multiple priorities.
• Highly flexible, ability to execute well in a fast-paced work environment.

Responsibilities

• Participate in various aspects of the implementation of new systems, enhancements, reporting and data migration analysis.
• Assist in the implementation of strategies for the identification, assessment, measurement, monitoring, and reporting of risk across the Bank as well as evaluating the application of various risk mitigations.
• Assist with assurance testing and control gap identification and remediation.
• Review and continuously enhance the Bank’s SOX 404 processes to ensure the accuracy and quality of the Bank’s financial statements and compliance with COSO 2013 internal control framework.
• Perform other duties and projects as assigned.

Skills

Analytical thinking

Critical thinking

Verbal & written communication

Organization & detail oriented

Multi-tasking

Teamwork

Education

Pursuing degree in Finance, Accounting, Business Administration or Business Management

Tools

MS Word

Outlook

PowerPoint

Excel

Job description

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 Enterprise Risk Intern at Federal Home Loan Bank of Des Moines, you will join a collaborative and committed team working together towards our mission of a “disciplined pursuit of long-term business performance” and will demonstrate the Bank’s continued commitment to meeting regulatory expectations.

As a member of the Enterprise Risk team, you’ll work directly with the staff in the day‑to‑day implementation of the Bank’s overall 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.

Accountabilities:

Responsibilities/Duties/Function/Tasks:

• Participate in various aspects of the implementation of new systems, enhancements, reporting and data migration analysis.
• Assist in the implementation of strategies for the identification, assessment, measurement, monitoring, and reporting of risk across the Bank as well as evaluating the application of various risk mitigations.
• Assist with assurance testing and control gap identification and remediation.
• Review and continuously enhance the Bank’s SOX 404 processes to ensure the accuracy and quality of the Bank’s financial statements and compliance with COSO 2013 internal control framework.
• Perform other duties and projects as assigned.

Qualifications:

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

Compensation Range:

Hourly: $22.00 - $22.00

This compensation 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.

At FHLB Des Moines, we work to create an inclusive culture. 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.