What are the responsibilities and job description for the Enterprise Risk Analyst Intern position at Federal Home Loan Bank of Cincinnati and Careers?
Enterprise Risk Analyst Intern
Are you seeking a challenging intern experience in a dynamic organization and employee-centered culture? Are you interested in working for a growing financial institution where your performance may be recognized? Would you like to join a company that is dedicated to making a noteworthy impact in our community? If you answered "yes" to one or more of these questions, do not miss an opportunity to consider joining our team at FHLB Cincinnati.
General Summary:
FHLB Cincinnati is looking for an Enterprise Risk Analyst Intern to join our team. The Enterprise Risk Analyst Intern provides financial, economic, and risk management analyses utilizing financial modeling software programs, advanced Excel tools, and other sophisticated reporting programs in support of the FHLB’s financial and credit risk management.
Principal Duties and Responsibilities:
- Assists in the implementation of MRM program.
- Assists with model validations by testing and reviewing model results, researching and assessing model theory, and reviewing model operations/procedures.
- Assists in the production of analysis and reports aimed at communicating model risks to management and the Board.
- Provides assistance on monitoring and governance of end-user computing tools (e.g., Excel, Stata, R) especially as related to models.
- Performs additional duties as requested by management.
Qualifications:
- Knowledge at a level normally acquired through the completion of a Master’s Degree in financial mathematics, finance, economics, econometrics, statistics or engineering.
- Strong analytical and quantitative skills including working knowledge and understanding of econometric modeling, probability theories, and fixed income and credit modeling.
- Advanced proficiency in statistical programming tools (Such as SAS, Stata or R (preferred)) and Microsoft Office (particularly Excel and Word).
- Attention to detail, initiative, ability to work independently, and a strong work ethic.
- Effective interpersonal skills, both verbal and written, to research, create, and present reports and analyses.
Working Conditions:
Normal hybrid office environment with flexibility.