Intern - Financial Institution Examiner (Summer)

the South Dakota State Government•Sioux Falls, SD
•Onsite

About The Position

The Financial Institution Examiner Intern works directly with an experienced team of trust and bank examiners to evaluate bank and trust company operations, business planning, risk management strategies, and compliance. As a member of the examination team, the intern helps assess whether financial institutions follow safe and sound banking and trust company practices, maintain effective controls and procedures, manage their institutions effectively, and comply with applicable laws and regulations. The internship runs during the summer, from May through August, and is located in Sioux Falls. Overnight travel may be required.

Requirements

  • Must be enrolled as a part-time or full-time student at a college, university, or technical institute when applying, and must be a current student taking at least six credit hours in the upcoming or immediately preceding semester.
  • By the start of the internship, must have completed one year (nine months) of the chosen program.
  • Must have a cumulative GPA of at least 3.0.
  • Must be majoring in Accounting, Banking, Business, Economics, or Finance.
  • Successful applicants must undergo a background investigation. An arrest or conviction record will not necessarily bar employment.

Nice To Haves

  • Preference may be given to applicants with junior or senior standing, South Dakota residents, and students of South Dakota institutions.

Responsibilities

  • Work with trust and bank examiners to evaluate bank and trust company operations, business planning, risk management strategies, and compliance.
  • Help assess whether financial institutions follow safe and sound practices, maintain effective controls and procedures, manage their institutions effectively, and comply with applicable banking and trust company laws and regulations.
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