Intern - Enterprise Risk Management

The Enterprise Risk Management (ERM) department is a growing and evolving part of the organization that strives to help the Bank meet its strategic objectives in a smart, compliant, and sustainable manner. The department is broad reaching and interacts with all areas of the Bank to achieve these objectives. The department is composed of four groups: ERM, Operational Assurance, Third-Party Risk Management, and Internal Audit. Each group is responsible for monitoring and managing various types of risk and compliance requirements to which the Bank is subject.

Internship Overview

We are seeking a highly-motivated student who is interested in gaining hands-on experience in a dynamic, evolving, and fast-paced banking environment. The ERM Intern will support various groups within the ERM department, and assigned tasks will vary from day-to-day operations, assisting with identifying process improvements, and automating tasks where possible.

Essential Duties and Responsibilities

ERM is a fast paced and ever-evolving department where no one day will be the same. This position may provide the following support:

• Support customer, department, process, product, and/or vendor risk assessments by gathering and analyzing data and engaging in discussions around execution of related controls.
• Assist in the collection and reporting of Key Risk Indicators (KRIs) for Sr. Management including analyzing and comparing the Bank's key metrics to peer banks.
• Identifying and implementing automation opportunities for current manual processes and reporting.
• Working to identify and enhance ERM reporting and data visualizations.
• Performing audit related work such as issue remediation and financial control testing.
• Assist with the development or enhancement of procedures.
• Participating in discussions on emerging risks throughout the Bank, and documenting these discussions and assessing impacts of these risks across departments.
• Participate in Bank-wide internship meetings, projects, etc., as applicable.
• Other tasks and special projects, as assigned.

JOB REQUIREMENTS

• Proficient with the Microsoft Office suite
• Advanced Excel skills (complex formulas, data visualizations, etc.) preferred
• Ability to work independently
• Highly motivated and can handle multiple tasks
• Demonstrate and promote high ethical standards and behaviors
• Strong customer service and problem-solving skills
• Maintain a professional manner at all times
• Excellent written and verbal communication skills
• Strong presentation skills
• Adapts to change and ability to manage fast paced environment
• Strong computer and technical skills
• Ability to adhere to Needham Bank's Core Values (Integrity, Teamwork, Excellence, Commitment to Employees and Communities, Accountability, Urgency, Trust, Always Do the Right Thing)

EDUCATION & EXPERIENCE

• Actively pursuing a Bachelor's degree
• Previous related internship and/or coursework preferred
• Interest in banking preferred

WORKING CONDITIONS/PHYSICAL DEMANDS

• Normal business office environment

At NB, we are dedicated to building a diverse, inclusive and authentic workplace - if you are excited about this role, but your past experience doesn't align perfectly with every qualification in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles.

Needham Bank is an Equal Opportunity/Affirmative Action Employer. Needham Bank will provide all applicants for employment and all employees with equal opportunity for employment and promotion regardless of race, color, religion, gender, national origin or ancestry, age, disability, veteran status, military service, sexual orientation, genetic information, or gender identity.