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.

The Federal Home Loan Bank of Des Moines has a simple but important vision: Strong Bank. Strong Communities. And we know we’re only as strong as those who impact our success the most: our people!

As an intern, you’ll play an important role in supporting the Portfolio Strategy Department in conducting analysis and reporting of profitability, risk and asset/liability management of the Bank’s financial position utilizing complex financial models.

Accountabilities:

Responsibilities:

Provide support for a wide range of departmental tasks related to the projection of the Bank’s financial performance, liquidity reporting, and maturity gap management
Assist in developing, automating, and enhancing committee reports, particularly in Power BI
Maintain documentation supporting financial models and processes
Assist with testing and implementation of new systems and functionality
Comply with internal controls and regulations
Other duties and projects as assigned

Qualifications:

Pursuing a bachelor’s degree in finance, economics, mathematics, statistics, or other quantitative/computing fields and/or equivalent work experience
Completed coursework related to financial statement analysis, fixed income instruments, and derivatives
Strong analytical and computer skills in SQL, Excel, Word and Power BI preferred
Strong oral and written communication skills

Compensation Range:

Hourly: $22.00 - $22.00

This 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.