Risk Internship Program - Summer 2027

Fifth Third Bank

Cincinnati (OH)

On-site

USD 25,000 - 30,000

Part time

10 days ago
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Benefits offered by this job

Housing assistance

Job summary

Fifth Third Bank is offering a Risk Management Internship Program in Cincinnati. This paid 11-week program provides hands-on experience across risk areas including operational, compliance, credit, and market risk, with mentorship and leadership exposure.

Participants gain practical skills, attend formal trainings, develop a professional network, and build on-job experience to qualify for permanent roles within the bank. Housing assistance is available to eligible interns.

Qualifications

  • Pursuing degree in Insurance/Risk Management or related fields.
  • Rising senior with a 3.0+ GPA.
  • Campus involvement and prior internship experience preferred.
  • Ability to work in the U.S. without immigration sponsorship.
  • Strong communication and networking skills.

Responsibilities

  • Attend formal training classes during rotations and integrate on-the-job learning.
  • Build a network of resources within the risk division.
  • Create and present a PowerPoint to Sr. Management at the end of the assignment.
  • Support projects across operational risk, compliance, credit risk, and market risk.

Skills

Insurance/Risk Management
Accounting
Economics
Finance
Strong communication
Interpersonal skills
Authorized to work in the U.S.

Education

Pursuing degree in Insurance/Risk Management or related field

Job description

Make banking a Fifth Third better. We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

Fifth Third Bank's project-based 11-week Risk Management Internship Program gives college students the opportunity to participate in a hands-on program supporting the Cincinnati market. This is a paid professional development opportunity where you'll learn Fifth Third Bank's business practices, operations, and procedures, and build skills you need to assume a permanent role at one of the top financial services institutions. Housing assistance is available to eligible interns.

You will be responsible and accountable for risk, encouraged to openly exchange ideas and opinions, elevate concerns, and follow policies and procedures to safeguard the company. Doing the right thing for customers and colleagues is key; you'll ensure their actions and behaviors drive a positive customer experience, achieving real results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

The Risk Management Internship allows participants to gain experience and exposure to workplace roles that are designed to ensure they're maximizing their current and potential skill sets. With exposure to senior leadership, performance feedback and coaching, mentoring relationships, and social and team-building opportunities, program participants also develop networks they can continue throughout their career.

This internship helps college students gain meaningful work experience and targeted educational opportunities to develop as future organizational leaders and get exposure to multiple business areas. Gain on-job skills and an understanding of the real-life work environment, while developing a professional network that includes some of the best talent in the industry.

What You'll Do

The Risk Management Internship gives program participants exposure to roles in operational risk, compliance, credit risk, market risk, and other areas within the risk division. Participants will build the foundation of a strong career, developing an understanding of the risks inherent to financial institutions and learning strategies and methods for mitigating them. You'll work on projects for Fifth Third Bank, receiving feedback and an evaluation based on accuracy, completeness, and through meeting applicable deadlines. At the conclusion of the internship, you'll present your overall experience to the senior leadership team, including key concepts learned and an overview of each project.

Job Duties
  • Attend formal training classes, supplementing the on-the-job learning that occurs in each rotation.
  • Actively participates in community involvement projects.
  • Build a network of resources within the risk division and supporting areas.
  • Create and presents a formal PowerPoint presentation to Sr. Management at the end of the assignment.
  • Perform all work in accordance with established safety procedures.
  • Involvement in program related committees including volunteerism and professional development
Required Knowledge and Skills
  • Currently enrolled in a college or university pursuing a degree in Insurance/Risk Management, Accounting, Economics, Finance, or Humanities - Psychology, Criminal Justice, Sociology, Pre-Law (or other relevant major)
  • Must be a rising senior
  • A minimum cumulative GPA of 3.0
  • Campus involvement/leadership experience preferred
  • Relevant internship/co-op experience preferred
  • Ability to complete both guided and self-directed learning activities
  • Strong communicator and developer of interpersonal connections
  • Must be authorized to work in the U.S. without the need for employment based immigration sponsorship now or in the future
  • Ability to connect the dots across lines of business and defense in the bank

Risk Internship Program - Summer 2027

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location.

LOCATION -- Cincinnati, Ohio 45202

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

#EarlyCareers #OneBankSummerExperience #Risk

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