Risk Intern

Farm Credit Illinois; Mahomet (IL); On-site; USD 23,000 - 32,000; Full time

Benefits offered by this job

Hourly wage $20.00

Living stipend

Travel reimbursement

Paid leave

Summer housing near Champaign County

Job summary

Farm Credit Illinois invites a motivated college student to join our Enterprise Risk Management team as a Risk Intern for Summer 2027 at our Mahomet headquarters.

This paid internship offers hands-on experience in operational risk management, vendor oversight, and fraud-prevention education, with mentor support and collaboration across teams in central/southern Illinois.

Qualifications

• Currently enrolled as college student (Fall 2026/Spring 2027) with intent to enroll Fall 2027.
• Preferred majors include agricultural business, agriculture economics, or business.

Responsibilities

• Support Third-Party Risk Management by uploading documents, initiating vendor risk assessment workflows, and sending communications to vendor owners/contacts.
• Assist with ICFR program by gathering control evidence and updating testing steps.
• Create clear fraud prevention education content for social media, newsletters, and other deliverables.
• Follow detailed procedures and templates to complete work accurately, on schedule.
• Gain experience with risk management, internal controls, vendor oversight, professional communication, documentation.

Education

Currently enrolled college student (Sophomore/Junior/Senior/Graduate)

Job description

Farm Credit Illinois is seeking a motivated college student to join our Enterprise Risk Management team as a Risk Intern in Summer 2027. This paid internship provides hands‑on experience supporting operational risk management programs, completing clearly defined work through detailed step‑by‑step instructions, collaborating with employees and vendor contacts, and building practical skills that strengthen a resume and prepare the intern for future professional opportunities.

Farm Credit Illinois is an agricultural financial cooperative owned by more than 17,400 farmers, rural landowners, and agribusiness voting stockholder members in the southern 60 counties of Illinois. Dedicated to Helping Farm Families Succeed, FCI provides competitive and flexible financing, crop insurance expertise, and Rural 1st® country life lending. FCI manages an $8 billion loan portfolio, sells 1.5 million acres of crop insurance coverage, and employs 300 staff in the Mahomet headquarters and 14 regional offices.

What You Will Do:

• Support the Third‑Party Risk Management Program by uploading documents, initiating vendor risk assessment workflows, and sending template communications to vendor owners and vendor contacts.
• Assist with the Internal Controls over Financial Reporting (ICFR) Program by gathering control evidence and documentation and updating testing steps.
• Create clear, engaging fraud prevention education content for social media, newsletters, and other deliverables.
• Follow detailed procedures and established templates to complete work accurately, consistently, and on schedule.
• Gain experience with risk management, internal controls, vendor oversight, professional communication, documentation, and fraud prevention education.
• Participate in a mentor program and team‑building activities while learning about agriculture in central and southern Illinois.
• Receive a competitive hourly wage of $20.00 per hour, living stipend, reimbursement for business travel, and paid leave in accordance with the Paid Leave for All Workers Act.
• Work full‑time (M–F, 8:00 a.m. – 4:30 p.m. May 17, 2027 – August 5, 2027) from our Mahomet headquarters with occasional travel across the southern 60 counties of Illinois. Summer housing in or around Champaign County is required.

Eligibility:

Must be enrolled as a college sophomore, junior, senior, or graduate student during the Fall 2026 and Spring 2027 semesters with the intent to be enrolled as students in Fall 2027 as well. Preferred majors include agricultural business, agriculture economics, or business.