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Financial Risk Management Intern Jobs in Indiana

Allied Solutions LLC

Risk Management Intern

Carmel, IN · On-site

$15 - $20/hr

The Risk Management Intern will partner with internal departments to evaluate business processes, policies, controls, and operational activities to identify risks and support effective mitigation ...

Allied Solutions LLC

Risk Management Intern

Carmel, IN · On-site

$15 - $20/hr

The Risk Management Intern will partner with internal departments to evaluate business processes, policies, controls, and operational activities to identify risks and support effective mitigation ...

Allied Solutions, LLC

Risk Management Intern

Carmel, IN · On-site

$15 - $19.75/hr

The program will immerse the intern into a broad range of responsibilities, allowing you to execute ... Maintain risk, control, assessment, and testing documentation within risk management systems.

Circle

Enterprises, financial institutions, and developers use Circle to power trusted, internet-scale ... Champion consistent execution of Circle's AI Risk Management framework across all GRM AI ...

Circle

Enterprises, financial institutions, and developers use Circle to power trusted, internet-scale ... Champion consistent execution of Circle's AI Risk Management framework across all GRM AI ...

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Financial Risk Management Intern information

What does a financial risk management intern do?

A Financial Risk Management Intern supports the risk management team by analyzing financial data, identifying potential risks, and helping to develop strategies to mitigate those risks. Interns may assist with preparing risk reports, monitoring market trends, and using risk assessment tools. This role often provides hands-on experience with financial modeling, regulatory compliance, and internal controls. The position is ideal for students or recent graduates interested in learning about risk management processes within financial institutions or corporations.

What are the key skills and qualifications needed to thrive as a financial risk management intern, and why are they important?

To thrive as a Financial Risk Management Intern, you need strong analytical skills, knowledge of finance principles, and coursework or a degree in finance, economics, or a related field. Familiarity with risk analysis tools, Microsoft Excel, and sometimes financial modeling software like SAS or Python is highly valued. Attention to detail, effective communication, and eagerness to learn are standout soft skills for this position. These skills enable interns to accurately assess risk, support senior analysts, and contribute meaningfully to risk mitigation strategies.

What is the difference between Financial Risk Management Intern vs Credit Risk Analyst Intern?

AspectFinancial Risk Management InternCredit Risk Analyst Intern
Required CredentialsTypically pursuing finance, economics, or related degreeSimilar educational background, often with coursework in credit analysis
Work EnvironmentFinancial institutions, banks, or investment firmsBanking, lending institutions, or credit agencies
Employer & Industry UsageUsed in risk management departments across finance sectorsCommon in credit departments focusing on loan risk assessment
Comparison Search IntentUnderstanding risk management roles in financeFocusing on credit risk specific roles

Both roles involve analyzing financial data and assessing risks, but a Financial Risk Management Intern has a broader focus on overall financial risks, while a Credit Risk Analyst Intern specializes in credit and loan risk assessment. The choice depends on your interest in general risk management versus credit-specific analysis within the finance industry.

What cities in Indiana are hiring for Financial Risk Management Intern jobs?

Cities in Indiana with the most Financial Risk Management Intern job openings:

Financial Risk Management Intern jobs near you

Risk Management Intern

Carmel, IN • On-site

Allied Solutions LLC
Finance and Insurance • 1 - 5K employees
Learn more about Allied Solutions LLCexternal

$15 - $20/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 8 days ago

Allied Solutions rating

7.9

Company rating: 7.9 out of 10

Based on 11 frontline employees who took The Breakroom Quiz

Job description

The Allied Solutions internship program is a robust and consistent internship program for juniors and seniors. The program will focus on learning and development as well as hands-on experience. The program will immerse the intern into a broad range of responsibilities, allowing you to execute projects within your area of professional interests.
Interested applicants must be available during the 12-week program (May 17th - Aug. 6th, 2027). This is a full-time internship (40-hours per week) based at our headquarters in Carmel, IN.
The Risk Management Intern will partner with internal departments to evaluate business processes, policies, controls, and operational activities to identify risks and support effective mitigation strategies. The internship provides broad exposure across risk management disciplines, which may include process risk assessments, issue resolution, due diligence, risk and control testing, operational monitoring, business continuity, and compliance.
Through these experiences, the intern will analyze information, identify trends, collaborate with stakeholders, and contribute to solutions that strengthen the quality, effectiveness, and resilience of Allied's products, services, and operations.
Job Duties and Responsibilities
Process Risk Assessment
  • Assess business processes and operational activities to identify risks, control weaknesses, trends, and improvement opportunities.

  • Analyze assessment, audit, testing, and operational results and communicate significant findings.

  • Evaluate remediation efforts and recommend improvements to processes, controls, and client experience.

  • Maintain assessment data and support risk and trend reporting.

Risk Insight, Solution & Evaluation
  • Support identification, analysis, documentation, and resolution of operational risk issues and quality events.

  • Partner with stakeholders to evaluate root causes, corrective actions, and remediation effectiveness.

  • Monitor operational performance, capacity, service levels, and emerging risk indicators.

  • Analyze trends and enhance reporting, dashboards, and management visibility.

Business Resilience and Compliance
  • Support client, vendor, and third-party due diligence activities and documentation.

  • Support business continuity planning, impact and dependency assessments, exercises, testing, and disruption analysis.

  • Monitor regulatory developments and assist with evaluating and communicating business impacts.

  • Support compliance assessments, monitoring, reporting, and related risk activities.

Risk and Control Documentation and Testing
  • Maintain risk, control, assessment, and testing documentation within risk management systems.

  • Support identification and evaluation of operational risks and associated controls.

  • Participate in control design and effectiveness testing and identify improvement opportunities.

  • Support reporting of testing results, findings, trends, and overall risk and control performance.

Qualifications (Education, Experience, Certifications & KSA)
  • Currently enrolled in an undergraduate program as a rising Junior or Senior, pursuing a degree in Risk Management, Insurance, Business Administration, or a related field

  • Ability to manage deadlines

  • Ability to multitask

  • Strong written and oral communication skills

  • Ability to prioritize

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts or working conditions associated with a job.
We offer our employees a robust compensation package! Our comprehensive benefits include: medical, dental and vision insurance coverage; 100% company-paid life and disability coverage, 401k options with company match, three weeks PTO by the end of the first year and much more. Allied proudly promotes from within as part of a strong commitment to providing career growth opportunities for employees of all levels. Our diverse business portfolio allows employees broad career options with the advantage of staying with the same organization.
All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.
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