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Enterprise Risk Analyst Internship

  • Internship
    Full-time
    Off-cycle Internship
  • Data
    Banking & Finance
  • Cincinnati

AI generated summary

  • You should have a Bachelor’s in business (finance/economics preferred), Excel proficiency, familiarity with financial services, risk management, and effective communication skills.
  • You will research and implement risk analyses, assist in evaluating and enhancing processes, and handle routine tasks and special projects as directed by management.

Requirements

  • Knowledge at a level normally acquired through completion of a Bachelor's Degree in business with coursework in finance, accounting, and economics. One year in a Master's Degree program in Economics, Applied Mathematics, Statistics, or Business Administration with concentration in finance, economics, or quantitative analysis is desirable.
  • Proficiency in use of personal computer, including advanced skills utilizing Excel. Proficiency with business intelligence software (e.g., Tableau) and/or statistical software (e.g., R, Stata, Python) is preferred.
  • Exposure to the financial services industry and financial modeling practices and systems is preferred.
  • Familiarity with general risk management, internal audit, and/or compliance practices is preferred.
  • Understanding of relevant Generally Accepted Accounting Principles, especially those related to financial institutions, mortgage securities, and derivatives.
  • High degree of initiative and independence to produce effective and timely work, including development of the position’s responsibilities.
  • Effective verbal and written communication skills including interpersonal skills necessary in order to interact effectively with internal contacts.
  • Applicants must be currently authorized to work in the United States on a full-time basis as our company is not supporting sponsorship for the intern role.

Responsibilities

  • Researches, develops, and implements analyses and projects related to all aspects of risk analysis, assessment, and reporting, with primary focus on model and credit risk.
  • Assists in the evaluation, development, implementation and maintenance of new or enhanced processes and reports.
  • Performs other routine office duties and special projects as assigned by management.

FAQs

What is the role of the Enterprise Risk Analyst Intern?

The Enterprise Risk Analyst Intern provides financial, economic, and risk management analyses utilizing financial modeling software, advanced Excel tools, and other reporting programs to support the FHLB's financial and credit risk management.

What kind of projects will the intern be involved with?

The intern will research, develop, and implement analyses and projects related to risk analysis, assessment, and reporting, primarily focusing on model and credit risk.

What qualifications are required for the internship?

A Bachelor's Degree in business with coursework in finance, accounting, and economics is required. Additionally, being in a Master's Degree program in Economics, Applied Mathematics, Statistics, or Business Administration with a concentration in finance, economics, or quantitative analysis is desirable.

Is proficiency in Excel mandatory for this position?

Yes, proficiency in using personal computers, particularly advanced skills in Excel, is mandatory.

Is experience with business intelligence or statistical software preferred?

Yes, proficiency with business intelligence software (e.g., Tableau) and/or statistical software (e.g., R, Stata, Python) is preferred.

Are there any preferred areas of exposure or knowledge for this role?

Preferred areas include exposure to the financial services industry, financial modeling practices and systems, and familiarity with general risk management, internal audit, and compliance practices.

Is understanding of accounting principles necessary for the internship?

Yes, a basic understanding of relevant Generally Accepted Accounting Principles (GAAP), especially those related to financial institutions, mortgage securities, and derivatives, is necessary.

What are the working conditions for this internship?

The working conditions are in a normal office environment with flexibility.

Are applicants required to be authorized to work in the US?

Yes, applicants must be currently authorized to work in the United States on a full-time basis as the company is not supporting sponsorship for the intern role.

A cooperatively owned regional wholesale bank supporting housing finance and affordable housing in KY, OH and TN.

Finance
Industry
201-500
Employees
1932
Founded Year

Mission & Purpose

The Federal Home Loan Bank of Cincinnati (FHLB) is a regional wholesale bank providing housing finance and economic development products and services to more than 600 member institutions located in the Fifth FHLB District of Kentucky, Ohio, and Tennessee. The FHLB System, including 11 district banks and over 6,000 members, was chartered in 1932 by the U.S. Congress to provide liquidity and other funding for housing finance. The FHLB is wholly owned by its member institution stockholders and does not use taxpayer dollars. We recognize and appreciate the valuable contribution of a diverse workforce!