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Loan Operations Intern Jobs in Iowa (NOW HIRING)

FHLB Des Moines

Human Resources Intern

Des Moines, IA

$22/hr

The Federal Home Loan Bank of Des Moines has a simple but important vision: Strong Bank. Strong ... As an intern, you'll play an important role in supporting HR operations, employee engagement and ...

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Loan Operations Intern information

What is a loan operations intern?

Loan Operations Interns are entry-level professionals who support the loan operations team in financial institutions such as banks or credit unions. Their duties typically include assisting with loan documentation, data entry, file management, and helping ensure compliance with lending regulations. They gain hands-on experience in the loan process, from application review to loan closing and servicing. This internship provides valuable exposure to the banking industry and helps develop skills in finance, organization, and customer service.

What types of projects and responsibilities can a loan operations intern expect during their internship?

As a Loan Operations Intern, you can expect to support the loan processing team by assisting with document preparation, data entry, and quality control tasks. Interns often work closely with loan officers and other operations staff to ensure loan files are accurate, complete, and compliant with company policies. You may also participate in special projects such as system audits or process improvement initiatives, gaining insight into regulatory requirements and the end-to-end loan lifecycle. This hands-on experience helps build a strong foundation for a future career in banking or financial services operations.

What are the key skills and qualifications needed to thrive as a loan operations intern, and why are they important?

To thrive as a Loan Operations Intern, you need a solid understanding of financial principles, attention to detail, and strong organizational skills, often supported by coursework in finance or business administration. Familiarity with loan processing software, Microsoft Office Suite, and document management systems is typically required. Effective communication, teamwork, and a willingness to learn are valuable soft skills that help interns adapt and contribute to the team. These competencies ensure accurate loan processing, regulatory compliance, and smooth operational support within a financial institution.

What is the difference between Loan Operations Intern vs Loan Processor?

AspectLoan Operations InternLoan Processor
CredentialsTypically pursuing or recent graduate, no specific certifications requiredHigh school diploma or equivalent; some roles prefer mortgage or loan processing certifications
Work EnvironmentInternship setting, learning-focused, often in banking or financial servicesFull-time role in banks, mortgage companies, or lending institutions
ResponsibilitiesAssisting with loan documentation, data entry, and process supportReviewing loan applications, verifying documents, preparing loan files
Industry UsageCommon entry point for finance and banking studentsStandard role in loan processing departments

The main difference is that a Loan Operations Intern is an entry-level, learning-focused position often held by students or recent graduates, while a Loan Processor is a full-time professional responsible for processing and verifying loan applications. Interns gain experience and support the processing team, whereas processors handle the core tasks of loan approval and documentation.

What are the most commonly searched types of Loan Operations jobs in Iowa?

The most popular types of Loan Operations jobs in Iowa are:

What are popular job titles related to Loan Operations Intern jobs in Iowa?

For Loan Operations Intern jobs in Iowa, the most frequently searched job titles are:

What job categories do people searching Loan Operations Intern jobs in Iowa look for?

The top searched job categories for Loan Operations Intern jobs in Iowa are:

What cities in Iowa are hiring for Loan Operations Intern jobs?

Cities in Iowa with the most Loan Operations Intern job openings:

Loan Operations Intern jobs near you
Infographic showing various Loan Operations Intern job openings in Iowa as of August 2026, with employment types broken down into 83% Full Time, 14% Part Time, 1% Temporary, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution.

Member Financial Operations Intern

Federal Home Loan Bank of Des Moines

Des Moines, IA • On-site

$22/hr

Full-time

Posted 4 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 Federal Home Loan Bank of Des Moines is looking for an intern to support the Member Financial Operations (MFO) division. Common duties include daily transaction support and validations, analyzing operational data and procedures for efficiencies and project support. This individual would be responsible for performing many highly regulated functions to benefit the Bank and its members.
Accountabilities:
Key Responsibilities:
  • Collaborate with the Member and Financial Operations (MFO) teams to support daily operations, quality control initiatives and various projects
  • Respond to member correspondence requests for information.
  • Monitor, identify, and report on emerging issues related to members and other business partners to ensure Anti-Money laundering, OFAC, fraud or other risk issues are escalated and addressed on a timely basis.
  • Assist with pulling data for Internal and External Audit requests.
  • Contribute to projects and the development of solutions to improve effectiveness of processes, reduce risk and promote efficiencies.
  • Other duties as assigned.

Requirements:
  • Proficient computer skills including Word and Excel; SQL database experience a plus.
  • Ability to multi-task in fast paced environment, think critically, take initiative and work independently with strong attention to detail.
  • Working towards a bachelor's degree in business, accounting or finance.
  • Compliance background, focusing on Anti-Money Laundering, Fraud and Financial and government regulations are a plus.
  • Excellent written and verbal communication skills.
  • Ability to engage others respectfully, self-motivate, and has strong organization and presentation skills.

Compensation Range:
Hourly: $22.00 - $22.00
This compensation 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.
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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