Risk and Compliance Intern

Koitecc Solutions; Chicago, Northern (IL, KY); Hybrid; USD 41,000 - 48,000; Part time

Job summary

Northern Trust in Chicago offers a ten-week internship program designed to develop early-career professionals in risk and analytics. You will work with a team on daily tasks, participate in enterprise-wide events, and see how your interests grow into a long-term career within a globally integrated bank.

You will gain experience building risk dashboards, data reports, and insights while collaborating with senior leaders and mentors in a supportive environment.

Qualifications

• Pursuing a bachelor's degree with expected graduation between Dec 2027 and Summer 2028
• Minimum GPA of 3.0
• Knowledge of risk and compliance principles
• Curious about financial markets and services industry
• Proven analytical, data interpretation, problem-solving, critical and strategic thinking
• Demonstrated leadership and teamwork
• Strong verbal and written communication skills

Responsibilities

• Work with your team on day-to-day tasks during the internship
• Build relevant skills through meaningful project work
• Develop dashboards and reporting for risk monitoring and decision-making
• Support risk framework implementation and governance initiatives
• Leverage analytics, AI, automation to improve risk processes
• Engage with stakeholders to identify process improvements

Skills

Analytical skills

Leadership

Teamwork

Communication

Time management

Education

Bachelor's degree in Finance, Economics, Data Science & Analytics, AI, MIS, Business Management and Administration, Mathematics, or Computer Science

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

WHO YOU ARE

• You are pursuing a bachelor's degree at an accredited college/university , majoring in Finance , Economics, Data Science & Analytics , Artificial Intelligence , Management Information System , Business Management and Administration , Mathematics , and Computer Science , with an expected graduation date between December 202 7 and Summer 202 8
• You have a minimum GPA of 3.0
• You have some knowledge of risk and compliance principles, usually acquired through coursework or prior related experience, and are curious to learn more
• You are curious about financial markets and interested in learning more about the financial services industry markets, business operations, administration, data, and execution of a globally systemic important bank.
• You have proven analytical, data interpretation, problem-solving, critical and strategic thinking skills through coursework and/or previous internship experience
• You have demonstrated leadership and teamwork through projects and extracurricular involvement
• Strong verbal and written communication, results driven based on time sensitive deliverable s , time management skills

WHAT YOU'LL DO

As an intern at Northern Trust, you will have the opportunity to build relevant skills, work on meaningful projects, and participate in a collaborative program designed to support your early career development. You will work directly with your team on day-to-day tasks while joining internship program events to develop new skills, network with senior leaders, and connect with fellow interns in the program. Through hands-on experience, meaningful project work, and exposure to a dynamic global business, you will begin to see how your interests can grow into a long-term career at Northern Trust. A recruiter will work with you to determine the best team placement given your interests, skill set, and relevant experience

THE PROGRAM

• Ten weeks
• Located in Chicago, IL

PROGRAM OPPORTUNITIES

• Professional development workshops
• Lunch & Learns with Leadership
• Intern Cross-Functional Project Presentation
• Intern volunteer event
• Social events
• Ongoing learnings at enterprise-wide level
• Mentorship and networking opportunities

WHAT YOU'LL GAIN

• Complete, compile, and present high-quality summaries of findings, insights, and recommendations in a concise and professional manner.
• Analyze risk, control, and operational data to develop reporting, dashboards, and metrics that support risk monitoring and decision-making.
• Support Risk project teams in the implementation and enhancement of risk frameworks, controls, governance processes, and regulatory initiatives.
• Leverage data analytics, artificial intelligence, automation, and emerging technologies to improve risk management processes and operational efficiency.
• Partner with business, risk, and control stakeholders to identify process improvements and support enterprise risk objectives.
• Develop professional skills related to an assigned area of Risk through project work, mentorship, and business unit engagement.

SAMPLE FUTURE CAREER PATHS/TRACKS: Risk & Compliance Analyst, Data Analytics Analyst, and more as part of our Analyst Development Program (ADP).

Salary Range:
Salary range is $30.00 - $35.00 USD per hour.
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail] , or alternatively you can discuss your individual requirements with the recruiter you are working with.