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Federal Home Loan Bank of Des Moines Market Risk Intern in Des Moines, Iowa

Market Risk Intern

Location

Des Moines, IA

Department

06 Market Risk

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Market Risk Intern

The Federal Home Loan Bank of Des Moines seeks a long-term intern to assist with market risk measurement processes. This will include market risk analysis, modeling and supporting the Bank’s daily and monthly market risk management reporting.

Market risk intern responsibilities will include processes and analyses such as valuation of financial instruments, scenario analysis, income forecasting, mortgage loan portfolio hedging, daily/monthly total balance sheet market value, economic value, daily market rates update, and VaR analysis.

In addition, this role will involve process improvement, assisting with market risk projects and learning other risk functions.

Core bank hours are 9:00 a.m. - 6:00 p.m. This is a paid internship that is expected to last 6-12 months.

Requirements:

• Working towards an advanced degree in a quantitative field such as economics, finance, mathematics, statistics or other quantitative/computing fields.

• Knowledge of fixed income products and derivatives preferred.

• Financial analysis experience dealing with mortgage loans helpful.

• Strong skills in Excel, Access and Word; Programming skills are a plus.

• Strong oral and written communication skills.

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