Summer Internship Program - Audit and Risk Management

Department:
Audit and Risk Management

Position:
Audit and Risk Management Intern

Program Duration: 10 Weeks (June-August)

Location:

Primarily On-Site | St. Louis, MO | Some flexibility for remote work may be available

Position Overview

The Summer Internship Program - Audit and Risk Management is a professional, hands-on opportunity designed for students pursuing degrees in Business, Finance, or Accounting. This 10-week experience offers direct involvement in the execution of audit testing, reporting, and compliance activities. Interns will play a key role in supporting the department's efforts related to FDICIA testing and external audit preparation while developing critical professional and technical skills.

Core Responsibilities

Annual FDICIA Testing:
Assist with planning and executing financial control testing to ensure regulatory compliance.
Audit Support:
Collect and organize documentation required for internal and external audits.
Reporting & Remediation Tracking:
Collaborate with department managers to obtain responses to audit findings and track remediation activities in the internal system.
Operational Insight:
Gain exposure to the internal audit lifecycle-including risk assessments, test planning, execution, and reporting.

Desired Qualifications

Currently enrolled in a Bachelor's degree program in Business, Finance, or Accounting (all class levels welcome).
Basic proficiency in Microsoft Excel and the full Microsoft Office Suite.
Strong time management, organization, and communication skills.
Willingness to learn and contribute in a regulated, fast-paced environment.

Learning Objectives & Outcomes

By the end of the internship, interns will:

Develop a working knowledge of the internal audit function and its role within a financial institution.
Gain hands-on experience in financial testing and audit documentation.
Learn how to navigate regulatory expectations such as FDICIA compliance.
Build skills in documentation, collaboration, and professional accountability.
Evaluate internal audit as a potential long-term career path in banking or corporate finance.

General Program Structure

Weekly Development Sessions (goal setting, communication, leadership, etc.)
Cross-functional Group Project culminating in a final executive presentation
Networking events, team-building activities, and bank-wide experiences
Mentorship from employees across the organization, including the Risk and Audit team