Compliance Intern - (Advisory)

Stock Yards Bank & TrustLouisville, KY
12d

About The Position

The Compliance Intern will assist the department in ensuring the bank adheres to all applicable laws, regulations, and internal policies. This internship (3-4 months) offers an opportunity to gain hands-on experience in the understanding & application of bank regulatory requirements, refinement of problem-solving & data analysis skills, and aiding in completion of ongoing projects & compliance initiatives. The ideal candidate will have a strong interest in compliance, risk management, and the banking industry.

Requirements

  • Currently enrolled in a bachelor’s or master’s degree program in Finance, Business Administration, Law, or a related field
  • Strong analytical, planning, documentation, time management, and problem-solving skills
  • Superior attention to detail
  • Excellent written and verbal communication skills; ability to tactfully communicate and gain respect of bank employees within and outside the department
  • Ability to work independently and as part of a team in a multi-task environment
  • Ability to define problems and propose solutions
  • Proficiency in Microsoft Office Suite, particularly Microsoft Excel and Word

Nice To Haves

  • Knowledge of banking principles and operations; knowledge of state and federal regulatory requirements applicable to the banking industry
  • Ability to read, analyze and interpret government regulations, trade journals and guidance documents

Responsibilities

  • Assist in reviewing and updating compliance policies and procedures to meet legal and regulatory requirements
  • Conduct research on regulatory changes; assist in implementing corresponding compliance/business process integration measures
  • Participate in compliance monitoring and testing activities to ensure adherence to internal controls
  • Support the preparation of compliance reports for senior management and regulatory bodies
  • Assist in organizing and maintaining compliance documentation and records.
  • Collaborate with various departments to promote a culture of compliance throughout the organization
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