What are the responsibilities and job description for the Compliance Intern position at First Internet Bank?
About The Position
First Internet Bank provides exciting internship opportunities for individuals pursuing their degree. The purpose of the First Internet Bank Internship Program is to provide a hands-on experience in a business setting and to present interns with real world insight into regulatory compliance for financial institutions. As a Regulatory Compliance Intern at First Internet Bank, you will have the opportunity to work closely with various members throughout different lines of business within the Bank as well as our external Fintech partners in order to complete a variety of tasks.
What You Will Do
We’re not just another bank and we’re not looking for just another employee. Since 1999, First Internet Bank has been dedicated to finding a better way to bank and doing things that have never been done before. Yes, we really were the first state-charted, FDIC insured bank to operate entirely online and we have been leading the way ever since.
We seek the game changers, the innovators…those who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? It’s your career, you deserve to imagine more. Keep reading, we think you will like you what see.
Why Join Us?
Our success has been driven, in part, by four core competencies – customer focus, teamwork, adaptability and initiative. Collectively they define our actions and are at the heart of all we do. As a result, we’ve been fortunate to have been named numerous times as an Indianapolis Star Top Workplace and one of the Best Banks to Work For! Headquartered in downtown Fishers, our newly-built, state-of-the-art 175,000 square foot facility headquarters was designed with our team in mind and features an 18,000 square foot open air deck named “The Backyard”, with fire pits, covered pergola, waterfall and foliage to create a momentary escape from the work day. Beyond that, the onsite fitness center with the latest equipment and ergonomically-designed workstations help promote health and wellness. Have we mentioned free snacks, soft drinks and beer available on tap? Want more? How about unlimited volunteer time off and social events to bring us all together to have some more. Why just imagine more, take the “first” step and apply today.
Our benefits package includes the following and so much more:
If you are a California resident, you may be entitled to certain rights regarding your personal information. Additional information about our data collection practices and location specific notices is available on our privacy policy. Click to read more.
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c). Click to read more.
First Internet Bank provides exciting internship opportunities for individuals pursuing their degree. The purpose of the First Internet Bank Internship Program is to provide a hands-on experience in a business setting and to present interns with real world insight into regulatory compliance for financial institutions. As a Regulatory Compliance Intern at First Internet Bank, you will have the opportunity to work closely with various members throughout different lines of business within the Bank as well as our external Fintech partners in order to complete a variety of tasks.
What You Will Do
- Assist with managing the compliance testing schedule, and completing tasks on time
- Assist in research regarding current and future regulatory requirements that may impact both Fintech and Core Bank processes.
- Participate in internal and external meetings with colleagues/Fintech partners
- Provide support while the Bank continues to implement regulatory changes
- Assist in reviewing and approving Marketing material
- Assist in data analysis and data verification processes.
- Assist with periodic administrative tasks, as needed
- Perform other duties as assigned
- Current Sophomore, Junior, or Senior with demonstrated interest in finance/banking
- This internship requires an ongoing pursuit of a college degree preferably in business, finance, compliance, risk management, or a related field
- Experience utilizing Excel and other Microsoft Office products, including pivot table creation
- Excellent analytical, organization & data management skills
- Must possess the ability to collaborate with internal/external partners
- Proficient level of problem solving, learning on the fly, and making the best use of system capabilities.
- Superb communication skills
- Current Sophomore, Junior, or Senior with demonstrated interest in finance/banking, legal or risk.
- This internship requires an ongoing pursuit of a college degree preferably in business, finance, accounting, legal, risk, data analysis, or a related field
- Curiosity and ability to learn about both traditional and Fintech banking platforms
- Experience utilizing Microsoft Outlook
- Experience utilizing Microsoft Excel
- Knowledge of Zoom platform and functions
- Excellent organization & data management skills
- Basic knowledge of some Banking products
- Must possess the ability to collaborate with internal/external partners
- Superb communication skills
We’re not just another bank and we’re not looking for just another employee. Since 1999, First Internet Bank has been dedicated to finding a better way to bank and doing things that have never been done before. Yes, we really were the first state-charted, FDIC insured bank to operate entirely online and we have been leading the way ever since.
We seek the game changers, the innovators…those who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? It’s your career, you deserve to imagine more. Keep reading, we think you will like you what see.
Why Join Us?
Our success has been driven, in part, by four core competencies – customer focus, teamwork, adaptability and initiative. Collectively they define our actions and are at the heart of all we do. As a result, we’ve been fortunate to have been named numerous times as an Indianapolis Star Top Workplace and one of the Best Banks to Work For! Headquartered in downtown Fishers, our newly-built, state-of-the-art 175,000 square foot facility headquarters was designed with our team in mind and features an 18,000 square foot open air deck named “The Backyard”, with fire pits, covered pergola, waterfall and foliage to create a momentary escape from the work day. Beyond that, the onsite fitness center with the latest equipment and ergonomically-designed workstations help promote health and wellness. Have we mentioned free snacks, soft drinks and beer available on tap? Want more? How about unlimited volunteer time off and social events to bring us all together to have some more. Why just imagine more, take the “first” step and apply today.
Our benefits package includes the following and so much more:
- Business Apparel Allowance
If you are a California resident, you may be entitled to certain rights regarding your personal information. Additional information about our data collection practices and location specific notices is available on our privacy policy. Click to read more.
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c). Click to read more.
