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Intern Bank Risk Management Jobs in Ohio (NOW HIRING)

Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Pursuant to the Bancorp Risk Framework, executes credit risk management strategies and policies, exercising independent judgement ...

Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Pursuant to the Bancorp Risk Framework, executes credit risk management strategies and policies, exercising independent judgement ...

Industry Credit Risk Management - IF Officer is responsible for portfolio management of the bank-wide Impact Finance (IF - formerly Community Development Corp) portfolio across U.S. Bank. IF is part ...

Personal Banker II, Euclid

Cleveland, OH · On-site

$18.75 - $22.75/hr

... Dollar Bank's risk management program. Compliance with regulatory laws and company procedures is a required component of all position descriptions. Benefits Information Full-time employees are ...

Personal Banker II, Lakewood

Cleveland, OH · On-site

$18.75 - $22.75/hr

... Dollar Bank's risk management program. Compliance with regulatory laws and company procedures is a required component of all position descriptions. Benefits Information Full-time employees are ...

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Intern Bank Risk Management information

What kinds of projects or tasks can an Intern in Bank Risk Management expect to work on?

As an Intern in Bank Risk Management, you can expect to assist with data analysis, preparing risk reports, and helping to identify potential risks in various banking operations. You'll likely work closely with experienced analysts to review credit, market, or operational risk exposures, and may participate in risk assessment meetings or audits. This role often involves cross-departmental collaboration, giving you valuable insight into how risk management supports the bank’s overall strategy and compliance efforts.

What are the key skills and qualifications needed to thrive as an Intern in Bank Risk Management, and why are they important?

To thrive as an Intern in Bank Risk Management, you typically need a background in finance, economics, or a related field, strong analytical abilities, and proficiency with data analysis. Familiarity with risk assessment tools, Microsoft Excel, and sometimes software like SAS or SQL is often expected, alongside knowledge of relevant regulations. Strong attention to detail, effective communication, and a proactive attitude help interns stand out in this role. These skills are crucial to accurately identify, assess, and communicate risks, supporting the bank’s overall stability and compliance.

What does an Intern in Bank Risk Management do?

An Intern in Bank Risk Management assists in identifying, analyzing, and monitoring risks that could affect the bank’s financial health and operations. Their tasks often include supporting risk assessments, preparing reports, and helping ensure compliance with regulatory requirements. Interns may work with data analysis tools, attend meetings with risk managers, and learn about credit, market, and operational risks. This role offers valuable exposure to risk management processes and helps interns develop analytical and problem-solving skills.

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

AspectIntern Bank Risk ManagementIntern Credit Analyst
Required CredentialsTypically pursuing finance, economics, or related degrees; some certifications beneficialSimilar educational background; certifications like CFA may be advantageous
Work EnvironmentBank risk departments, analyzing overall risk exposureCredit departments, assessing individual or corporate creditworthiness
Employer & Industry UsageCommon in banking and financial institutionsWidely used in banks, lending institutions, and credit agencies
Comparison Search IntentUnderstanding risk management roles in bankingFocusing on credit analysis and lending decisions

Intern Bank Risk Management and Intern Credit Analyst roles share similar educational backgrounds and work environments within banking institutions. However, risk management interns focus on assessing overall risk exposure, while credit analyst interns concentrate on evaluating creditworthiness. Both roles are essential in banking, but they serve different functions within the financial industry.

What are the most commonly searched types of Bank Risk Management jobs in Ohio? The most popular types of Bank Risk Management jobs in Ohio are:
What cities in Ohio are hiring for Intern Bank Risk Management jobs? Cities in Ohio with the most Intern Bank Risk Management job openings:
Enterprise Risk Management (ERM) Associate Director

Enterprise Risk Management (ERM) Associate Director

Western Alliance Bank

Columbus, OH

Full-time

Medical, Dental, Retirement

Posted 6 days ago


Job description

Job Title:

Enterprise Risk Management (ERM) Associate Director

Location:

CityScape

What you'll do:

As a Risk Management Associate Director, you'll be responsible for developing and implementing, or maintaining program(s) to identify, measure, monitor, and control risks throughout the organization. You'll play a key role in the Bank's Enterprise and Operational Risk Management Team, which is responsible for several enterprise-wide programs, including Risk and Control Self-Assessment (RCSA), Controls Testing, Governance Risk and Compliance (GRC) Platform and Program, Third-Party Risk Management, Policy Framework, and Technology and Information Security Risk Management. One of your key responsibilities will be to execute on your assigned Risk Program(s), ensuring adherence to program methodology, policies and standards and will lead or assist in development of reporting, training, and continuous improvement initiatives.defense on risk and control inventories and assessments.
  • Responsible for supporting the Risk Management team in the oversight of Change and Project Risk Management, and Product & Services Risk Management across the Lines of Defense to drive consistency, standardization, and alignment of these risk programs and processes, ensuring governance structures, policies, and methodologies are applied uniformly and in accordance with enterprise standards and risk management frameworks.
  • Oversee the identification and implementation of enhancements to risk frameworks, reporting processes, and enabling tools to improve efficiency, data quality, and overall effectiveness, leveraging automation and best practices to advance program maturity.
  • Oversee the continuous monitoring of enterprise risk trends, identify emerging and evolving risks, and assess issues to determine potential impacts, ensuring appropriate visibility and readiness for escalation where risk levels exceed defined thresholds.
  • Responsible for supporting the Senior Director with oversight of special initiatives based on Bank strategy and at the request of the Chief Risk Officer, e.g. Risk Management Skills & Staffing Assessment, CRO Communications, Large Financial Institution (LFI) Program oversight, etc.
  • Manage a small size team (2-4) and help develop, train, and drive continuous improvement.

What you'll need:

  • 10+ years of related experience in Risk Management, Internal Audit, SOX, Financial Institutions or similar field.
  • Bachelor's degree in related field required.
  • Previous leadership experience required.
  • Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Advanced knowledge of industry and professional experience across one or more of the three lines of defense (e.g., banking operations, information technology, SOX, compliance, risk management, audit).
  • Advanced knowledge and experience with risk and control frameworks (COSO ERM Framework, Basel etc.)
  • Advanced knowledge of risk management tools and systems and advanced proficiency in Microsoft Office Suite (Word, Excel, and PowerPoint).
  • Advanced technical knowledge of risk frameworks and industry best practices as it relates to your assigned Risk Program.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation