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Internship Credit Risk Modeling Jobs in Des Moines, IA

FHLB Des Moines

Credit Risk Analyst

Des Moines, IA · Hybrid

$59K - $70K/yr

Evaluate and monitor credit models and risk assessment methodologies to ensure effectiveness and accuracy. * Assist with testing and validation of departmental processes, controls, and technology ...

E6

Chief Risk Officer (Des Moines)

Des Moines, IA · On-site

Review and assess the organization's most complex credit exposures, including counterparty risk, capital strength, liquidity, and business models * Direct underwriting oversight and collateral risk ...

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Internship Credit Risk Modeling information

What is an internship in credit risk modeling?

An Internship in Credit Risk Modeling is a temporary position, usually for students or recent graduates, where you work with financial institutions to understand and help develop models that predict the likelihood of borrowers defaulting on loans. Interns typically assist in analyzing data, building statistical models, and supporting risk assessment processes. This role provides hands-on experience with financial data, programming, and model validation, making it valuable for those interested in finance, statistics, or data science. It also offers exposure to regulatory requirements and real-world risk management practices.

What types of projects or tasks can I expect to work on during an internship in credit risk modeling?

As an intern in Credit Risk Modeling, you'll typically assist with statistical analysis, data preparation, and validation of risk models used by the organization to evaluate creditworthiness. You may support senior analysts in building or refining predictive models using programming languages like Python or R, and work with large datasets to uncover trends in borrower behavior. Interns often collaborate with risk analysts, data scientists, and IT teams, gaining exposure to both technical and business perspectives. This hands-on experience helps build a solid foundation for a future career in quantitative finance or risk management.

What are the key skills and qualifications needed to thrive as an internship in credit risk modeling, and why are they important?

To thrive as an Internship Credit Risk Modeling, you generally need strong quantitative and analytical skills, a background in finance, statistics, or a related field, and familiarity with risk concepts. Experience with statistical programming languages such as Python, R, or SAS, and proficiency in Excel or SQL, are commonly required, and relevant coursework or certifications in risk management or data analysis are advantageous. Attention to detail, critical thinking, and effective communication help interns stand out when interpreting data and presenting risk findings. These skills are important to ensure accurate risk assessments, support data-driven decision-making, and facilitate collaboration within financial institutions.

What is the difference between Internship Credit Risk Modeling vs Credit Risk Analyst?

AspectInternship Credit Risk ModelingCredit Risk Analyst
CredentialsTypically pursuing or recent graduate, some familiarity with finance or statisticsBachelor's degree in finance, economics, or related field; often requires some experience
Work EnvironmentInternship setting, supervised, project-basedFull-time, professional environment, more independent responsibilities
Industry UsageEntry-level, educational focus, training periodCore role in financial institutions, ongoing risk assessment

Internship Credit Risk Modeling positions are designed for students or recent graduates gaining initial experience, often with supervised tasks. Credit Risk Analysts are experienced professionals responsible for ongoing risk evaluation, requiring more advanced skills and independence. The internship serves as a training ground, while the analyst role involves continuous risk management in financial institutions.

Internship Credit Risk Modeling jobs near you
Infographic showing various Internship Credit Risk Modeling job openings in Des Moines, IA as of June 2026, with employment types broken down into 92% Full Time, and 8% Part Time. Highlights an 90% Physical, 1% Hybrid, and 9% Remote job distribution.

Credit Risk Analyst

Federal Home Loan Bank of Des Moines

Des Moines, IA • On-site

$59K - $70K/yr

Full-time

Retirement, PTO

Posted 8 days ago

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.
The Credit Risk Analyst supports the Bank's credit risk management function through the evaluation, monitoring, and analysis of member financial institutions and counterparties. This role assesses creditworthiness, financial performance, collateral adequacy, and emerging risks to support sound lending decisions and effective risk management practices.
Accountabilities:
Responsibilities
  • Conduct periodic credit reviews and ongoing monitoring of member financial institutions and counterparties.
  • Analyze financial statements, regulatory filings, performance trends, and key risk indicators to assess creditworthiness.
  • Evaluate collateral adequacy, borrowing capacity, and compliance with applicable lending and credit policies.
  • Monitor trends in capital adequacy, liquidity, asset quality, earnings performance, and other financial metrics.
  • Prepare credit analyses, risk rating recommendations, and review memoranda for management decision-making.
  • Perform monitoring, stress testing, and scenario analyses to assess potential credit risk exposure.
  • Responsible for regulatory reporting and member examination review.
  • Evaluate and monitor credit models and risk assessment methodologies to ensure effectiveness and accuracy.
  • Assist with testing and validation of departmental processes, controls, and technology applications.
  • Partner with business units across the Bank to provide strong risk management
  • Serve as backup support for key credit reporting and monitoring processes.
  • Assist with the preparation, review, and completion of compliance and risk management reporting.
  • Identify opportunities for process improvements that enhance efficiency, reporting accuracy, and risk monitoring capabilities.
  • Maintain awareness of industry developments, regulatory changes, and emerging credit risks impacting member institutions.

Qualifications
  • Bachelor's degree in Finance, Accounting, Economics, Statistics, or a related field.
  • One to three years experience in credit analysis, banking, financial services, risk management, or a related field.
  • Knowledge of financial statement analysis and interpretation.
  • Understanding of credit risk principles, portfolio management concepts, and risk assessment methodologies.
  • Strong analytical, problem-solving, and written communication skills.
  • Proficiency in Microsoft Excel, Word, and PowerPoint.
  • Ability to manage multiple priorities and work independently with appropriate judgment.
  • Ability to collaborate effectively with colleagues across departments and levels of the organization.
  • Demonstrated initiative, curiosity, and commitment to continuous learning.

Preferred
  • Experience analyzing financial institutions or regulated entities.
  • Knowledge of financial modeling, statistical analysis, or quantitative risk assessment techniques.
  • Experience with SQL, data analytics tools, or business intelligence platforms.

Compensation Range:
Annual Salary: $59,046.00 - $70,118.00
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. 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 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.

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