2027 BNY Summer Internship Program - Risk and Compliance (New York, NY)

BNY; New York (NY); On-site; USD 52,000 - 80,000; Full time

Benefits offered by this job

Structured mentorship

Career support

Professional training

Job summary

BNY's Summer Internship Program offers high-potential students a dynamic 10-week experience designed to accelerate development, build professional networks, and provide meaningful exposure to one of the world’s leading financial services institutions.

From day one, interns are immersed in BNY's collaborative and innovative culture through onboarding, standout projects, structured mentorship, and cross‑practice exposure across risk, compliance, AI, and data analytics.

Qualifications

• Enrollment in a 4-year undergraduate degree program with a focus on business-related and/or technology-related majors preferred.
• Graduating in Dec 2027 or May 2028 (U.S.).
• Minimum cumulative GPA of 3.0 or better.
• Does not require sponsorship for employment visa status (now or in the future) in the country where applying.

Responsibilities

• Support risk and compliance activities by helping teams apply frameworks, policies, and oversight practices across the firm.
• Analyze information, identify trends, and assess how risks are being managed across businesses, processes, and functions.
• Assist with reviews, reporting, and documentation that support governance, monitoring, compliance efforts, and responsible AI oversight.
• Gain exposure to key risk areas such as credit, market, liquidity, operational, technology, compliance, model, AI, and enterprise risk.
• Explore how AI, automation, analytics, and data‑driven tools can improve risk identification, enhance controls, support decision‑making, and create more efficient ways of working.
• Help teams think critically about AI‑related risks, including accuracy, explainability, data quality, privacy, control effectiveness, regulatory expectations, and appropriate human oversight.

Skills

Risk management

AI fluency

Data analytics

Analytical problem solving

Written communication

Judgment

Education

Undergraduate student (4-year program)

Job description

Risk and Compliance Practice

Risk & Compliance is responsible for establishing the framework, policies, guidance, and tools that support risk and compliance management across BNY. Led by the Chief Risk Officer, the function provides independent oversight, monitoring, and challenge of risk decisions and activities throughout the risk management lifecycle. Interns gain hands‑on experience working with global teams across key areas such as credit, market, liquidity, technology, operational, compliance, model, AI, and enterprise risk, while building an understanding of how strong governance and consistent standards support the firm. As AI, GenAI, automation, and data‑driven tools continue to transform financial services, Risk and Compliance analysts help evaluate emerging risks, strengthen controls, support responsible AI adoption, and translate complex information into insights that promote safe, sustainable growth. This includes exposure to how AI is governed, monitored, and used responsibly across the firm, including areas such as model risk, regulatory compliance, technology risk, data quality, control design, and the safe use of AI‑enabled tools.

Job Description

Risk and Compliance Practice

Risk & Compliance is responsible for establishing the framework, policies, guidance, and tools that support risk and compliance management across BNY. Led by the Chief Risk Officer, the function provides independent oversight, monitoring, and challenge of risk decisions and activities throughout the risk management lifecycle. Interns gain hands‑on experience working with global teams across key areas such as credit, market, liquidity, technology, operational, compliance, model, AI, and enterprise risk, while building an understanding of how strong governance and consistent standards support the firm. As AI, GenAI, automation, and data‑driven tools continue to transform financial services, Risk and Compliance analysts help evaluate emerging risks, strengthen controls, support responsible AI adoption, and translate complex information into insights that promote safe, sustainable growth. This includes exposure to how AI is governed, monitored, and used responsibly across the firm, including areas such as model risk, regulatory compliance, technology risk, data quality, control design, and the safe use of AI‑enabled tools.

What You Will Do

• Support risk and compliance activities by helping teams apply frameworks, policies, and oversight practices across the firm.
• Analyze information, identify trends, and assess how risks are being managed across businesses, processes, and functions.
• Assist with reviews, reporting, and documentation that support governance, monitoring, compliance efforts, and responsible AI oversight.
• Gain exposure to key risk areas such as credit, market, liquidity, operational, technology, compliance, model, AI, and enterprise risk.
• Explore how AI, automation, analytics, and data‑driven tools can improve risk identification, enhance controls, support decision‑making, and create more efficient ways of working.
• Help teams think critically about AI‑related risks, including accuracy, explainability, data quality, privacy, control effectiveness, regulatory expectations, and appropriate human oversight.

Skills You Will Build

• Risk management, compliance fundamentals, and control‑minded decision‑making
• AI fluency, including responsible AI principles, prompt awareness, AI governance, and the ability to understand AI‑enabled business use cases
• Data analytics, insight generation, and the ability to interpret structured and unstructured information
• Analytical problem‑solving and critical thinking
• Written communication, documentation, and stakeholder collaboration
• Judgment, attention to detail, and a control‑minded approach

Impact you will have at BNY

• Help strengthen risk and compliance practices through thoughtful analysis and consistent oversight of data and AI.
• Support work that identifies potential risks, improves processes, and promotes sound decision‑making.
• Contribute to protecting the firm, its clients, and its reputation.
• See how strong governance and effective challenge support responsible business performance.

Why this could be a fit for you

This role is a great fit if you are curious, analytical, and interested in how organizations identify, assess, and manage risk. It is well suited for someone who enjoys solving problems, working across teams, and contributing to a culture of accountability and responsible decision‑making.

Summer Internship Program

The BNY Summer Internship Program offers high‑potential students a dynamic 10‑week experience designed to accelerate development, build professional networks, and provide meaningful exposure to one of the world’s leading financial services institutions. Through a skills‑driven talent model, interns gain insight into the capabilities, platforms, and functions that power BNY's global franchise while contributing to impactful business initiatives.

From day one, interns are immersed in BNY's collaborative and innovative culture through:

• Enterprise‑wide onboarding and development programming, including an in person immersive induction experience, executive speaker series, skill development, and networking opportunities.
• Meaningful project work aligned to key business practices and platforms, providing hands‑on experience, skill development, and real‑world business impact.
• Structured mentorship and career support from managers, senior leaders, peer mentors, business stakeholders, and dedicated program managers.
• Exposure across practices, platforms, and teams, building a broad understanding of BNY's integrated business model.
• Professional, technical, and financial services training designed to strengthen business acumen and prepare participants for long‑term career success.
• A premier early‑career experience, backed by senior leadership and designed to develop the next generation of talent for BNY's global workforce.

Program eligibility:

• Enrollment in a 4‑year undergraduate degree program with a strong focus on business‑related and/or technology‑related majors preferred
• Graduating in Dec 2027or May 2028 (U.S.)
• Minimum cumulative GPA of 3.0 or better
• Does not require sponsorship for employment visa status (now or in the future) in the countrywhere applying.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $52,000 and $80,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long‑term incentive packages, and company‑ sponsored benefit programs.

This position is at‑will and the Company reserves the right to modify base (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team.

About Us

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting‑edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what is all about. Join us and be part of something extraordinary.

About The Team

At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn

Here’s a Few Of Our Recent Awards

• America’s Most Innovative Companies, Fortune, 2025
• World’s Most Admired Companies, Fortune 2025
• “Most Just Companies”, Just Capital and CNBC, 2025

Our Benefits And Rewards

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay‑for‑performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.

Base salary offered may vary depending on multiple individualized factors, including market location, job‑related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company‑sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.