Benefits Overview:

• Careers with a purpose. Stand for something!
• Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with Co Bank University
• Tuition reimbursement for higher education up to 10K
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of diversity and inclusion
• Recognize a fellow associate through our GEM awards

Job Description:Co Bank’s Treasury & Risk Development Program is a two-year rotational program designed for individuals looking to build a career in Treasury and Enterprise Risk Management within a Government Sponsored Enterprise (GSE) bank. Associates in the program will rotate through multiple functional areas, gaining hands-on experience and comprehensive knowledge of Co Bank’s Treasury and ERM divisions. Each rotation offers the opportunity to support key teams, work on real-world projects, and complete coursework through Co Bank University. The first six months focus on foundational training in Co Bank’s Credit Management group, followed by rotations in Treasury, Finance, and Enterprise Risk Management, where participants will develop expertise in liquidity management, funding markets, derivatives, investment portfolios, risk modeling, and interest rate risk analysis. This program is ideal for candidates new to the industry, offering a robust platform for professional growth and development.


Start Date: January 2025
Essential Functions: Treasury Rotation

• Assist the funding, derivatives, and investment teams with daily operations and decision-making.
• Gain a deep understanding of liquidity management and the funding markets that support Co Bank’s operations.
• Learn how Co Bank utilizes derivatives for balance sheet management and to support customer activities.
• Develop knowledge of Co Bank’s investment portfolio, including investment strategies and portfolio management.
• Understand Funds Transfer Pricing (FTP) theory and how it relates to customer pricing and internal profitability.
• Contribute to the preparation and review of monthly and quarterly risk reports, ensuring timely and accurate reporting.

Finance Rotation

• Gain insights into income and capital forecasting processes.
• Learn to analyze and attribute Treasury net interest income across various return drivers.
• Support the preparation and review of monthly and quarterly financial and risk reports.

Enterprise Risk Management Rotation

• Learn the fundamentals of market risk within a GSE bank context, including key risk metrics and regulatory requirements.
• Gain exposure to market risk models, methods, and calculations used by Co Bank.
• Develop proficiency with market risk management platforms and tools.
• Learn the foundational accounting principles relevant to market risk analysis.
• Support data loading and reconciliation processes for risk models, ensuring accuracy and consistency.
• Assist with basic interest rate risk analysis and reporting.

Education:

• Bachelor's degree required in Accounting, Finance, Economics, or relevant business-related discipline

Work Experience: Professional Experience & Background

• Prior experience in customer service, banking, or financial services required.
• Experience creating, modeling, and/or analyzing management, finance, operations, marketing, or other relevant concepts in a business environment preferred.
• Experience in accounting/finance classes in undergraduate curriculum.

Technical Skills

• Programming skills in R, Python, SAS, or similar.
• Knowledge of Microsoft Office applications and other business software.
• Strong math background.

Communication & Interpersonal Skills

• Excellent verbal and written communication and interpersonal skills.
• Ability to build and maintain effective working relationships with all levels of management and staff.

Organizational & Time Management Skills

• Strong customer focus, detail orientation, and time management skills.
• Experience managing multiple priorities and working both independently and as part of a team.

About Co Bank: