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Operational Risk Intern Jobs in Iowa (NOW HIRING)

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Operational Risk Intern information

What does an operational risk intern do?

An Operational Risk Intern supports a company's risk management team by helping identify, assess, and mitigate risks that could impact daily business operations. Their tasks often include data analysis, preparing risk reports, assisting with risk assessments, and monitoring compliance with internal controls. Interns may also participate in risk-related projects and learn about regulatory requirements. This role provides valuable experience in understanding how organizations manage operational risks and ensure business continuity.

What are the key skills and qualifications needed to thrive as an operational risk intern?

To thrive as an Operational Risk Intern, you need strong analytical abilities, attention to detail, and a background in finance, business, or a related field, often supported by progress toward a relevant degree. Familiarity with risk management frameworks, Microsoft Excel, and risk assessment tools is typically required. Strong communication, problem-solving skills, and a willingness to learn help interns stand out in this position. These skills ensure effective identification, analysis, and mitigation of operational risks, supporting the organization's overall risk management objectives.

What are some common projects or tasks an operational risk intern might work on during their internship?

As an Operational Risk Intern, you can expect to assist in identifying, assessing, and documenting potential risks within daily business processes. Typical projects include supporting risk assessments of business units, helping to analyze incident reports, and preparing risk dashboards or presentations for management. You may also participate in reviewing policies and procedures, working closely with cross-functional teams such as compliance, audit, and business operations. This hands-on experience helps build a strong foundation in risk management practices and offers valuable insights into how organizations safeguard their operations.

What are the most commonly searched types of Operational Risk jobs in Iowa?

The most popular types of Operational Risk jobs in Iowa are:

What cities in Iowa are hiring for Operational Risk Intern jobs?

Cities in Iowa with the most Operational Risk Intern job openings:

Operational Risk Intern jobs near you

Member Financial Operations Intern

Federal Home Loan Bank of Des Moines

Des Moines, IA • On-site

$22/hr

Full-time

Posted 6 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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