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Technology Risk Management Internship information

What types of projects or tasks can I expect to work on during a Technology Risk Management Internship?

As a Technology Risk Management Intern, you'll typically assist with identifying, assessing, and documenting technology-related risks within the organization. Your tasks may include supporting risk assessments, helping to evaluate security controls, preparing reports for stakeholders, and participating in audits or compliance reviews. You'll likely collaborate closely with IT, cybersecurity, and compliance teams to understand risk management frameworks and learn best practices for mitigating technology risks. This hands-on experience is valuable for building a foundation in risk analysis and developing skills relevant to future roles in technology governance or information security.

What are the key skills and qualifications needed to thrive as a Technology Risk Management Intern, and why are they important?

To excel as a Technology Risk Management Intern, you need a basic understanding of information technology concepts, risk assessment, and cybersecurity principles, often supported by coursework in IT, business, or related fields. Familiarity with risk management frameworks, data analysis tools, and platforms like Excel, GRC systems, or security software is commonly required. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills that help interns collaborate and clearly present risk findings. These competencies are vital for identifying, assessing, and mitigating technology risks, thereby supporting organizational security and compliance.

What is the difference between Technology Risk Management Internship vs Cybersecurity Analyst Internship?

AspectTechnology Risk Management InternshipCybersecurity Analyst Internship
Required CredentialsRelevant coursework, basic certifications (e.g., CompTIA Security+)Similar certifications, technical skills in security tools
Work EnvironmentRisk assessment, compliance, policy development in financial/tech firmsSecurity monitoring, incident response in IT/security teams
Employer & Industry UsageFinancial institutions, tech companies focusing on risk mitigationIT departments, cybersecurity firms, tech companies

Technology Risk Management Internships focus on assessing and managing technology-related risks, compliance, and policies, while Cybersecurity Analyst Internships concentrate on protecting systems from security threats. Both roles often overlap in skills and industry settings but differ in core responsibilities.

What is a Technology Risk Management Internship?

A Technology Risk Management Internship is a temporary, entry-level position where students or recent graduates assist organizations in identifying, assessing, and mitigating risks related to their technology systems and data. Interns typically work with experienced risk managers to analyze IT processes, ensure compliance with security policies, and help implement risk controls. This internship provides hands-on experience in cybersecurity, regulatory compliance, and risk analysis within a business or financial environment. It is a valuable opportunity for those interested in pursuing careers in information security, IT audit, or risk management.
What are the most commonly searched types of Technology Risk Management jobs in Connecticut? The most popular types of Technology Risk Management jobs in Connecticut are:
What cities in Connecticut are hiring for Technology Risk Management Internship jobs? Cities in Connecticut with the most Technology Risk Management Internship job openings:
Technology Risk Management Internship jobs near you

First Line Risk & Control Manager

Moneycorp Bank Limited

Stamford, CT • On-site

Full-time

Medical, Dental, Vision, Retirement

Re-posted 13 days ago

Job description

Who We Are:
 
Moneycorp powers global payments for corporates, institutions and high net worth individuals, combining worldwide reach with local expertise. With over 45 years of market experience, two banking licences and offices in 11 countries, our technology delivers 24/7 accessibility, while our people deliver award-winning service. In 2024, we supported $1tn+ of payment volume, reaching 190 countries in 130 currencies. Our 32k+ corporate clients benefit from our regulatory resilience with 63+ permissions globally, access to major payment rails, and our proprietary technology.   
 
Moneycorp is a place where energy, commitment, and collaboration are core to our values of shared success. We’re restless in our drive to surpass the expectations of our customers and unlock opportunities to support them at every stage of their journey. The foundation of our success is our people, and nurturing a culture of belonging for all our colleagues is central to our journey as a global business.  
 
In North America, our offices are in Stamford, Orlando, Providence, and Toronto. We are licensed to operate in each US State, and in Canada at the Federal level we are registered with FINTRAC and at the Provincial level in Quebec. 
 
Role Purpose:
 
We are looking for a First Line Risk and Control Manager to join the US Bank as part of the Global FLRC team, ensuring the effectiveness, sustainability, and strategic alignment of non-financial risk and control framework and processes across the organization. This role will involve developing, implementing, and optimizing the control environment to enhance accountability, transparency, and efficiency in managing non-financial risks in the 1st Line of Defence.  
 
The First Line Risk and Control Manager will be responsible for assisting in the development, oversight and management of the risk and control environment within the first line of defence. This role involves assisting with identifying, assessing, and mitigating risks; identifying and assessing controls; remediating internal and external identified issues and findings and ensuring the first line comply with internal policies and regulatory requirements. 
 
Key Responsibilities: 
 
  • Risk Identification and Assessment: Assist in the identification and assessment of risks within the US Bank, ensuring that all potential risks are documented and evaluated, and assisting in implementation of the new RCSA framework. 
  • Control Implementation: Assist in the design / identification, implementation, and maintenance of effective controls to mitigate identified risks. Assist in the identification of control gaps or where control enhancements may be required. Ensure that controls are embedded within business processes, documented and evaluated regularly. 
  • Monitoring and Reporting: Assist in the design of control monitoring and report on the effectiveness of controls and on risk and control metrics to senior management. Provide regular updates on the risk landscape and control environment. 
  • First Line Accountability: Promote greater first line ownership of risk management activities alongside championing a strong risk culture.  
  • Incident Management: In conjunction with the impacted team(s), ensure Root Cause Analysis is conducted, and appropriate remediation activities are identified and implemented. 
  • Compliance: Ensure compliance with internal policies, procedures, and regulatory requirements. Work closely with compliance and audit teams to address any issues or findings. 
  • Audit: Provide support to auditees in designing and developing appropriate tactical and strategic Management Action Plans to remediate risks identified in a timely manner, with the appropriate level of governance and oversight. 
  • Training and Awareness: Develop and deliver training programs and guidelines to enhance risk awareness and control understanding among front-line colleagues. 
  • Collaboration: Collaborate with second and third lines of defence, to ensure a cohesive approach to risk management.  
  • Continuous Improvement: Identify opportunities for process and control improvements and implement changes to enhance the risk and control framework. 

What We're Looking For: 

  • Minimum of 7 years of experience in risk management, internal audit, or a related field. 
  • Strong understanding of risk and control frameworks, including the three lines of defence model. 
  • Strong analytical and problem-solving abilities. 
  • Proficiency in data analysis tools and technologies, including experience with process automation. 
  • Happy collating data and writing supporting commentary for an executive audience. 
  • A consultative style with the ability to work collaboratively across all business units and establish credibility quickly. 
  • A self-starter, able to work independently and make prioritisation decisions. 
  • Strong communication and interpersonal skills. 
 
Education / Qualifications:
  • Bachelor's degree in Finance, Business Administration, Risk Management, or a related field. 
 
What We Can Offer You: 
  • This position is full-time permanent, operating on a hybrid working model from our office in Stamford.   
  • This role offers a salary range between $140,000-$165,000 per annum + bonus scheme and a comprehensive benefits package  
  • Medical, Dental, Vision  
  • 401k: 4% matched
Fostering a culture of belonging and inclusivity  
We're committed to creating a workplace where every individual feels valued, respected, and included. As an Equal Opportunity Employer, we actively cultivate an inclusive culture where diversity thrives, and we empower our colleagues to drive meaningful change within our organization through Employee Engagement initiatives and value champion networks. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
 
Like many of our peers, we recognize that fostering inclusivity is an ongoing journey, and we remain steadfast in our commitment to progress. By measuring our efforts through regular assessments and listening to the feedback of our employees, we strive to ensure that our initiatives are impactful and responsive to the evolving needs of our workforce. 
 
Together, we want to build a workplace where everyone can bring their authentic selves to work, as we believe this is the foundation of innovation, creativity, and collective success.  
Interested?
If this role sounds like a good fit for you, please click on the “Apply Now” button to submit your application.
For discover more about Moneycorp and how we’re leading the way in global payments and currency risk management, please visit our News Hub and various social media platforms Facebook, Twitter UK, Twitter Americas, Instagram, LinkedIn.

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