Intern - Enterprise Risk Management

Midland States Bank; O’Fallon (MO); On-site; USD 15,000 - 25,000; Full time

Benefits offered by this job

Health insurance

Paid time off

401(k) match

Employee Stock Purchase Plan

Non-Qualified Deferred Compensation

Job summary

Midland States Bank is seeking an Enterprise Risk Management Intern in St. Louis, MO, to support the risk management department with operational risk framework, governance processes, and reporting.

The role runs Summer 2027 (May–August), requires residency near St. Louis, and enrollment in a related degree program with at least two years completed. Excel and Teams proficiency, plus strong attention to detail, are essential.

Qualifications

• Education/Experience: Internship runs Summer 2027, May–August.
• Resident in St. Louis area and report to St. Louis office.
• Enrolled in degree program with 2+ years completed in Finance/Accounting/Business/Risk Management/IS.
• Teamwork and attention to detail are essential.
• Proficiency with Excel and Teams; ability to learn new software.

Responsibilities

• Assist with developing and updating enterprise process maps and risk/control documentation.
• Support risk assessments and analyze KRIs, events, and data.
• Assist with enterprise risk reporting and governance documentation.
• Contribute to projects on governance, third-party risk, business continuity, process improvement, and change management.
• Collaborate with Risk team and business partners to gain exposure to banking operations and controls.
• Perform other duties and maintain BSA compliance.

Skills

Excel

Teams

Attention to detail

Communication skills

Learning new software

AI tools

Education

Finance

Accounting

Business

Risk Management

Information Systems

Tools

Microsoft Excel

Microsoft Teams

AI tools

Job description

At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and/or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, an Employee Stock Purchase Plan, 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.

Intern - Enterprise Risk Management St. Louis, MO Rate of Pay: $18 an hour

At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident, and more excited to do great things for our customers, each other and our company.

We’re proud to be an Equal Opportunity and Aff….

At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Position Summary

The Enterprise Risk Management Intern will provide assistance to the Enterprise Risk Management Department with recurring risk management responsibilities and special projects that support the Bank's operational risk framework, governance processes, and enterprise-wide risk reporting.

Primary Accountabilities

• Assist with developing and updating enterprise process maps and risk and control documentation to strengthen the Bank's operational risk framework.
• Support operational risk assessments and assist with analyzing Key Risk Indicators (KRIs), operational risk events, and related risk data.
• Assist with enterprise risk reporting and governance documentation to support clear and consistent risk management practices.
• Contribute to special projects related to governance, third-party risk, business continuity, process improvement, and change management.
• Collaborate with Risk team members and business partners across the Bank to gain exposure to banking operations, internal controls, regulatory expectations, and enterprise risk management.
• Perform other duties as assigned.
• Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).

Position Qualifications

Education/Experience: The internship will run for Summer of 2027 beginning mid-May and ending early August.

Able to work a 40‑hour work week, Monday-Friday, between 8 a.m. and 5 p.m.

• Must reside local to the St. Louis, MO area and report to the St. Louis office.
• Enrolled in a degree program with courses of study including Finance, Accounting, Business, Risk Management, Information Systems, or a related field at a college or university with at least 2 years completed.
• Works well in team environment.
• Proficient in Microsoft Excel and Teams.
• Demonstrates ability to learn and use new software and programs.
• Strong attention to detail and communication skills.
• Interest in banking, enterprise risk management, internal controls, audit, or regulatory compliance is preferred.
• Proficiency in using AI tools or chat models is preferred.

Competencies

• Business insight
• Cultivates innovation
• Drives results
• Makes sound decisions
• Being a brand champion
• Collaborates
• Communicates effectively
• Customer focus
• Being Authentic
• Emotional Intelligence
• Self-development
• Being flexible and adaptable

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at [e-mail].

Midland States Bank may use automated tools and artificial intelligence (“AI”) to assist with recruiting, screening, and hiring decisions. In accordance with the Illinois Human Rights Act (effective January 1, 2026), these tools are designed and monitored to be neutral and job-related, and must not be used in a way that discriminates against applicants or employees based on any protected characteristic.

At Midland, we’re proud to be a little different. You can see it in our bright orange signs—but there’s more to it than that. With our heartfelt and personalized approach, we’re focused on meeting every customer’s needs with the brightest solutions. For more than 140 years, we’ve learned by serving customers skillfully with dedication and follow-through, we can brighten every interaction to drive our collective success. And this goes beyond traditional banking. We foster programs that empower our communities, continuously invest in our employees, and actively pursue brighter futures for all. Our humble ambition keeps us growing, giving back, and looking ahead. We’re innovating and optimizing our services to ensure we stay unique – providing strength you can count on with heart you can feel. You might say we’re unlike any other bank. And you’d be right.