Risk Management Intern

3 weeks ago


Chicago, Illinois, United States BankTalent HQ Full time
Dynamic Risk Management Internship Opportunity

At BankTalent HQ, we're seeking a highly motivated and detail-oriented Risk Management Intern to join our Enterprise Risk Management department. As a Risk Management Intern, you'll have the opportunity to work on exciting projects that will provide you with real-world experience in process optimization within financial services.

Key Responsibilities:
  • Assist in the execution and improvement of the risk assessment process, including assessing changes in the business environment and the impact of changes in volume and complexity due to the financial, legal, and regulatory environments.
  • Collect and report operational risk event data, utilizing operational risk data and other internal data sources, as well as external data to evaluate and report the Bank's operational risk exposure.
  • Develop, collect, maintain, monitor, and report operational risk metrics (i.e., key risk indicators and key performance indicators) utilized to monitor the Bank's operational risk exposure.
  • Facilitate, review, and periodically update operational risk standards and related operational risk procedures.
  • Facilitate holistic oversight of the Bank's operational risk, including vendor risk management, business resiliency, financial reporting, affordable housing/community investment activities, etc.
  • Maintain and improve operational risk management tools (e.g., loss events, metrics, risk assessments, risk acceptances, etc.) and report on the operational risk across the enterprise.
Requirements:
  • Applicants must be enrolled at an accredited four-year institution.
  • Should have a GPA of at least 3.0 and be in good academic standing.
  • Desired fields of study include: Business Administration, Finance, Law, Technology, Accounting, or other related discipline.
How You Will Make an Impact:
  • Participate in and contribute to enterprise risk management projects focused on improving oversight of operational risk.
  • Provide new perspective by questioning current state and supporting change.
  • Provide ideas and support development of solutions to improve business outcomes.

The Federal Home Loan Bank of Chicago is an equal opportunity employer and welcomes applications from diverse candidates. We are committed to providing a work environment that is free from discrimination and harassment. If you are a motivated and detail-oriented individual who is passionate about risk management, we encourage you to apply for this exciting opportunity.



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