2018 Summer Internship Program - Risk Management and Compliance - Twin Cities, MN

2018 Summer Internship Program – Risk Management and Compliance - Twin Cities, MN - 170029728
 

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

 
 
Looking for an internship where you’ll really make a difference? Apply at U.S. Bank.
 
What you’ll do
We offer a competitive 12-week paid internship where you’ll work on meaningful projects and effect real change at our company. Our interns get hands-on experience solving business needs and helping in the communities where we live and work. You’ll build your resume while making new connections and sharpening the skills you need to succeed at work. Plus, the work you do will be tailored to your interests. A typical employee spends eight hours a day at work. We think you should spend that time doing something you love – not just earning a paycheck.
 
Our internship program spans several markets across the country. As a U.S. Bank intern, you’ll have the opportunity to interact with senior executives, get paired with a formal mentor and attend fun events specifically tailored for interns, including a Volunteer Day where you’ll give back to the community. In your day-to-day work, you’ll learn how employees collaborate to serve all our stakeholders. Your meaningful work experience may even translate into a full-time position in the banking industry upon completion of your internship.
 
Why U.S. Bank?
Join a team of more than 73,000 employees in 28 states and eight countries, all committed to doing the right thing, making smart changes and collaborating for the good of our customers, communities, and other stakeholders – and especially for the good of one another. But don’t just take our word for it – we’ve been recognized by the Ethisphere Institute as a 2017 World's Most Ethical Company® for three years running.
 
Part of doing the right thing is making sure our employees feel welcome and supported at work, while challenging you to develop personally and professionally. At U.S. Bank, you’ll be empowered with the tools you need to succeed in your role and grow your career.
 
We can’t wait to meet you – apply today.
 
Internship Responsibilities: 
  • Design, develop and implement a database either web or Office-based that will create an efficient method to track, monitor, and archive approvals for over 300 USB credit policies
  • Work on reports provided to External Reporting and Regulatory Reporting
  • Create reports on a variety of credit statistics
  • Provide validation of management resolutions for moderate and low risk Corporate Audit Services issues
  • Assist in the quarterly enterprise-wide risk assessment process
  • Perform process inquiries, walkthroughs and procedure reviews to develop and design Quality Assurance (QA) programs/procedures, maintained according to QA change management procedures
  • Complete Routine and Targeted QA test programs which involve:
    • Obtaining populations of desired activity (validating completeness)
    • Selecting test samples based on defined methodology (documenting rationale for adequate coverage)
    • Analyzing evidence of transaction handling or control performance against defined requirements
    • Documenting test results and conclusions per CBSS QA methodology
  • Assist with preparing and discussing test results with business management and risk partners
  • Produce formal reports for review by QA Manager of issues compiled from defect themes; criteria used to define expected results, root cause assessment, exposure assessment, and actions needed/recommended
  • Aid in investigative cases of enterprise financial crimes through compliance and risk analysis
  • Identify gaps and inform on solutions that minimize losses resulting from inadequate internal processes, systems or human errors.
 

Qualifications

 
 
Skills and Qualifications:
  • Pursuing a Bachelor’s degree in Business, Risk Management, or related discipline preferred
  • Ability to work effectively within a large organization
  • Highly organized with the ability to prioritize time-sensitive assignments
  • Must be comfortable with ambiguity and have the ability to seek out required information to complete tasks
  • Strong written and verbal communication, analytical, problem solving and critical thinking skills
  • Ability to partner with multiple stakeholders with diverse objectives
  • Microsoft Office and business/technology related course work
  • Experience with Excel, Access, and Database Architecture will be helpful for some of the internship opportunities but not needed for all
 
Explore your career possibilities at U.S. Bank and join a company that’s as passionate as you are about helping our customers meet their goals and making a difference in the communities we live and work. Our industry-leading financial performance, innovative spirit and best-in-class reputation empower employees to succeed. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
 
 

Job

Risk Management / Fraud Prevention

Primary Location

Minnesota-MN-Minneapolis

Shift

1st - Daytime

Travel

No

Average Hours Per Week

40