Intern - Enterprise Risk Management

Midland States BankEffingham, IL
1d$15Onsite

About The Position

The Enterprise Risk Management (ERM) Intern will gain hands-on experience supporting the Risk Management team in strengthening Midland’s risk culture and operational controls. This internship provides exposure to enterprise-wide risk assessments, reporting, and compliance activities. The intern will work with experienced professionals across departments, contributing to projects that enhance governance, accountability, and data-driven decision-making across the organization.

Requirements

  • Enrolled in a degree program in Finance, Business Administration, Economics, Data Analytics, Risk Management, or a related field, with at least two years of coursework completed.
  • Strong analytical, quantitative, and problem-solving skills.
  • Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
  • Excellent written and verbal communication skills.
  • Detail-oriented, organized, and capable of managing multiple priorities.
  • Professional demeanor and strong interpersonal skills.
  • Eagerness to learn and contribute within a collaborative team environment.
  • Internship duration: Must be available mid-May through late July 2026.
  • Schedule: Must be available Monday–Friday, 8:00 a.m.–5:00 p.m. (40 hours/week).
  • Must reside locally and report to either the O’Fallon, MO or Effingham, IL office.

Responsibilities

  • Support the testing and validation of controls across the enterprise.
  • Contribute to the development of enhanced risk management reporting and analytics.
  • Participate in the creation of AI use cases and research on emerging technology in risk management practices.
  • Assist in leading the annual Business Continuity Plan (BCP) pandemic testing exercise across the organization.
  • Collaborate with the ERM team to review and update risk registers, documentation, and frameworks.
  • Support department projects focused on regulatory compliance and operational resilience.
  • Attend meetings, cross-functional discussions, and ROCI (Risk Oversight & Control Improvement) sessions for professional exposure.
  • Perform other duties as assigned.
  • Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).

Benefits

  • comprehensive healthcare
  • well-being benefits
  • paid family leave
  • generous paid time off
  • banking perks
  • Employee Stock Purchase Plan
  • 401K plan with company match
  • opportunity to participate in our Non-Qualified Deferred Compensation plan
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