Accounting Intern

About the role

FHLB Dallas actively pursues dedicated and hardworking individuals to be a part of our professional team. Positions are offered on an as-needed basis for all departments. This internship provides accounting experience in the financial services industry and the opportunity to learn about the Federal Home Loan Banks’ (FHLBs) integral role as an intermediary between the capital markets and its members, which comprise about 80% of U.S. lending institutions. The FHLBs provide readily available, low-cost funding to members thereby increasing the availability of credit for residential mortgage lending and investment in housing and community development. This unique experience will expose you in a short period of time to a wide range of accounting rules and practices that are applicable to the finance industry.

Responsibilities

Areas of Focus: Investments & Derivatives Accounting – Dive into the complex world of investments, debt, mortgages, and derivatives. You will get to see how trades are entered, documented, tracked, valued and recorded. Upon completion, you will have a better understanding of the structures, purposes and financial statement impacts of these financial instruments and the associated hedge accounting as well as the operations of an investments and derivatives back office.

Qualifications

• Maintain an overall GPA of 3.5 or higher
• Pursuing undergraduate or graduate degree with concentration in Accounting
• Self-starter with strong problem solving and analytical skills
• Organized and highly detail-oriented
• Team player with strong work ethic, positive attitude, and professional demeanor
• Excellent verbal and written communication skills
• Active listener who follows instructions

Benefits

• Service to our members is first and foremost
• All business will be conducted honestly and ethically
• Each employee contributes to customer service by directly serving our members or supporting those who do
• Interaction with members should focus on building professional relationships and helping customers achieve their goals
• Cooperation and teamwork throughout and across all levels of FHLB Dallas are essential to its effectiveness
• Colleagues and members will be treated with the utmost respect and dignity

Schedule

Hours Per Week: 40