Intern - WEX Bank Compliance

WEX•Portland, ME

22h•$20 - $25

About The Position

WEX Inc. is a global commerce platform that has been simplifying the way businesses operate for over 40 years. Our purpose is simple: to reduce administrative burdens, streamline payments, and manage mobility. With a team of over 7,200 professionals across 16 countries. Our specialties are employee benefits, business payments, and fleet/mobility solutions . We support more than 20 million SaaS accounts, 8 million Health Savings Accounts, and 19+ million vehicles worldwide. We're a growing company with a history of innovation and a focus on our customers, making this a great place to grow your career. The WEX Summer Internship Program: Learn, Lead, and Make an Impact Our 13-week paid internship program, running from late May to mid-August, is a chance for you to gain real-world experience and develop your skills. Recruiting begins in January and continues through March at our various locations across the U.S. You won't just be a bystander; you'll work on impactful projects and contribute to WEX’s mission. We provide mentorship, professional development, and weekly learning experiences to help you build confidence and leadership skills. High-performing interns may even get the chance to lead their own initiatives. We offer remote, hybrid, and onsite options for flexibility, and our goal is to bring top interns back full-time or offer them extended roles during the school year. Imagine starting your career with a company that’s building what's next. Your future starts here. About the team/role: WEX Bank is a leading provider of financial solutions and payment services. We are committed to providing our customers with exceptional service while maintaining the highest standards of compliance and ethical conduct. We are seeking a Regulatory Compliance Intern. The candidate who assumes this role will be a member of the WEX Bank Compliance Team, reporting to the Chief Compliance Officer. In this role, the team member will focus on supporting the compliance team with various compliance activities.

Requirements

Currently enrolled in a Bachelor's degree program, with a focus in Business, Statistics, Analytics, Pre-Law, Finance, or related.
Attention to detail.
Ability to research regulatory changes and analyze their impact.
Strong communication skills are essential for collaborating with colleagues and communicating with management.
Proficiency in using relevant software and systems is important.

Nice To Haves

Prior banking experience preferred.

Responsibilities

Support the compliance team execute the Bank's overall compliance program as part of the second line of defense.
Support the development of compliance resources inclusive of checklists, job aids, training, control documentation, procedures, testing scripts, etc.
Support process mapping, control testing and review and/or assist in the development of first line of defense (the business areas) compliance.
Learn how to assess the level of risk associated with any issues found during testing, following established guidelines.
Help report any findings or issues to the team responsible for managing them, including understanding why the issue happened and suggesting ways to fix it.
Build positive and collaborative relationships with colleagues across WEX, especially those in the business areas and other teams.
Assist in creating compliance reports for the Chief Compliance Officer (CCO), Management Compliance Committee (MCC), Management, and/or the Board.