Intern - Enterprise Risk Management

Midland States Bank•O'fallon, MO
•Onsite

About The Position

The Enterprise Risk Management Intern will provide assistance to the Enterprise Risk Management Department with recurring risk management responsibilities and special projects that support the Bank's operational risk framework, governance processes, and enterprise-wide risk reporting.

Requirements

  • The internship will run for Summer of 2027 beginning mid-May and ending early August.
  • Able to work a 40-hour work week, Monday-Friday, between 8 a.m. and 5 p.m.
  • Must reside local to the St. Louis, MO area and report to the St. Louis office.
  • Enrolled in a degree program with courses of study including Finance, Accounting, Business, Risk Management, Information Systems, or a related field at a college or university with at least 2 years completed.
  • Works well in team environment.
  • Proficient in Microsoft Excel and Teams.
  • Demonstrates ability to learn and use new software and programs.
  • Strong attention to detail and communication skills.

Nice To Haves

  • Interest in banking, enterprise risk management, internal controls, audit, or regulatory compliance is preferred.
  • Proficiency in using AI tools or chat models is preferred.

Responsibilities

  • Assist with developing and updating enterprise process maps and risk and control documentation to strengthen the Bank's operational risk framework.
  • Support operational risk assessments and assist with analyzing Key Risk Indicators (KRIs), operational risk events, and related risk data.
  • Assist with enterprise risk reporting and governance documentation to support clear and consistent risk management practices.
  • Contribute to special projects related to governance, third-party risk, business continuity, process improvement, and change management.
  • Collaborate with Risk team members and business partners across the Bank to gain exposure to banking operations, internal controls, regulatory expectations, and enterprise risk management.
  • 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
  • Non-Qualified Deferred Compensation plan
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