Summer Associate Internship (Financial Risk Analyst)

Financial Risk Oversight (FRO) provides credible, value-added challenges to first-line activities and serves as a sounding board to enhance financial risk management across the enterprise.

FRO reviews, monitors, analyzes, effectively challenges, and reports on first-line financial risk management activities. It plays a role in risk appetite setting, risk identification, and framework design.

FRO's key activities include

• Large Program Assessments - Low-frequency, comprehensive reviews of large

first-line financial risk management programs designed to assist business unit owners with incrementally evolving risk management frameworks.

• Ad-Hoc Reviews - Independent update/change reviews and challenges to existing

or the introduction of new processes, policies, and procedures.

• Recurring Challenges - Regular/frequent reviews and risk metric reporting

(e.g., Board KRIs), assumptions, risk appetite, and general financial risk management activities (e.g., investment or hedging decisions, pricing updates, etc.)

• Data/Analytics - Leverage internal credit union data for analytics that offer

additional detail on financial risk, including supplementing and supporting the team’s large program assessments, ad-hoc reviews, and recurring challenges

FRO key focus areas are

• Interest Rate/Market Risk

• Liquidity Risk

• Capital Planning

• Funding

• Investment Portfolio Management

• Derivatives

• Counterparty Risk

• Mortgage Loan Secondary Marketing

• Fund Transfer Pricing

Project – Business Forecast (Loan Originations) Sensitivity Analysis

The Summer Associate will complete an end-to-end analysis related to the sensitivity of loan originations to different rate environments for use in the credit union’s Net Interest Income (NII) sensitivity framework. At the conclusion of the analysis, the Summer Associate will socialize relevant findings with first line financial risk teams and help assess the feasib