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

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

Job summary

BNY Mellon is offering a Summer Internship Program in Risk & Compliance in New York. The 10-week program accelerates development, builds professional networks, and exposes interns to governing AI, data quality, and risk management across multiple business units.

Interns work with global teams, gain hands-on experience, and participate in structured mentorship while contributing to meaningful risk initiatives and responsible AI oversight.

Qualifications

• Enrollment in a 4-year undergraduate degree program (business or technology preferred).
• GPA 3.0 or higher preferred.
• Strong analytical and communication skills.

Responsibilities

• Support risk and compliance activities by applying frameworks and oversight practices.
• Analyze information, identify trends, and assess risk management across areas.
• Assist with reviews, reporting, and documentation for governance and oversight.
• Gain exposure to risk areas such as credit, market, liquidity, operational, technology, and AI.
• Explore how AI, analytics, and data tools can improve risk identification and controls.
• Help teams consider AI-related risks, including data quality and regulatory expectations.

Skills

Risk management

AI fluency

Data analytics

Analytical problem-solving

Written communication

Judgment and attention to detail

Education

Pursuing undergraduate degree

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 & 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.