Intern - WEX Bank Compliance

WEX•Portland, ME

3d•$20 - $25

About The Position

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.