Credit Risk Co-op
About The Position
At FHLB Des Moines, the Credit Risk Co-op supports the Bank's credit risk management function through the evaluation, monitoring, and analysis of member financial institutions, including banks, credit unions, and insurance companies, as well as counterparties. The role helps ensure compliance with regulatory requirements while protecting the Bank from potential credit losses. The co-op supports analysis of member credit profiles and financial performance, monitors key risk indicators and compliance, and assists with regulatory reporting, examinations, stress testing, and scenario analysis. The role also collaborates with multiple Bank business units and helps maintain reports, processes, and computer applications.
Requirements
- Working towards a degree in Finance, Accounting, Economics, Analytics, or a related field.
- Knowledge of financial statements.
- Strong analytical and problem-solving skills.
- Proficiency in Microsoft Excel, Word, and PowerPoint.
- Ability to work independently and collaboratively.
- Demonstrated initiative, curiosity, and commitment to continuous learning.
Nice To Haves
- Understanding of credit risk principles.
- Report-writing skills.
- Knowledge of financial models.
- Statistical modeling skills.
Responsibilities
- Support reviews of member credit profiles by analyzing financial statements, regulatory filings, performance trends, and key risk indicators to assess creditworthiness.
- Monitor and report on compliance with credit policies, procedures, and regulations.
- Analyze the financial performance and creditworthiness of member financial institutions.
- Monitor member trends, capital ratios, liquidity, and asset quality.
- Support regulatory reporting and examinations.
- Perform stress testing and scenario analysis.
- Collaborate with multiple Bank business units.
- Serve as a back-up for other Credit Analysts in the ongoing production of key reports.
- Assist department staff in testing departmental processes and computer applications.
- Assist with review and completion of compliance reporting.
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What This Job Offers
Job Type
Full-time
Career Level
Intern
Education Level
No Education Listed
