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 Operational 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 serving its members and meeting regulatory expectations.As a member of the Operational Risk team, you’ll work directly with the staff in the day-to-day execution of the Bank’s overall operational 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.
This is a full-time paid internship that begins May through August 2025.
Accountabilities:
Responsibilities/Duties/Function/Tasks
- Assists with the identification, assessment, measurement, monitoring, and reporting of operational risk
- Assists with risk and control self-assessments
- Assist with operational risk event review and reporting
- Assist with process change risk and control evaluations
- Collaborate with business units across the Bank
- Performs other duties and projects as assigned
Qualifications
- Finance, Accounting, Business Administration or Business Management student preferred
- Strong skills in MS Word, Outlook, PowerPoint, Excel, and Access
- 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, with the ability to execute well in a fast-paced work environment
Compensation Range:
Hourly: $22.00 - $22.00This salary 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. This role is also eligible to participate in the Bank’s annual incentive plan.
As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance. Most roles are eligible for our hybrid work schedule of 3 days per week in office, 2 days per week work-from-home. We match 100% of the first 6% you contribute to your 401(k), and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year. More information on our Total Rewards program can be found here.
At FHLB Des Moines, we celebrate diversity, work to create an inclusive culture and champion equity in all of our policies and practices. 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.
