Risk Management Intern

Merchants Bonding Company; West Des Moines (IA); On-site; USD 55,104,000 - 57,859,000; Full time

Job summary

Merchants Bonding Company interns in Risk Management will gain hands-on experience reviewing vendor information, organizing contracts, researching risks, and preparing reports.

You will collaborate with professionals across the organization while developing skills in research, analysis, communication, and risk management. The internship runs 12 weeks, is in-office in West Des Moines, IA, and pays $21/hour.

Qualifications

• Strong academic performance with coursework in Business Law, Risk Management, or Contract Management.
• Previous work experience in a corporate environment or similar.
• Involvement in extracurricular activities demonstrating teamwork and leadership.
• Leadership and initiative shown in past projects.
• Professional development through training, certifications, or workshops.
• Volunteer experience highlighting collaboration with diverse teams.

Responsibilities

• Support vendor risk reviews by gathering documents and checking completeness.
• Assist with ongoing vendor monitoring and maintain records within risk management systems.
• Identify gaps and suggest practical process improvements.
• Support contract management by tracking key dates and renewals.
• Assist with risk reporting, data updates, and trend identification.
• Research emerging risks and share relevant findings with the Risk Management team.
• Collaborate across the organization to support reviews and initiatives.

Skills

Critical thinking

Problem solving

Relationship building

Communication

Time management

Professionalism

Education

Strong Academic Performance & Relevant Coursework

Leadership and Initiative

Volunteer Experience

Job description

Job Details

Job DetailsJob Location: West Des Moines, IA 50266Position Type: InternshipJob Title: Risk Management Intern

Location: West Des Moines, IA

Terms: 12-weeks, full-time flexible 37.5 hours/week, in-office

Pay: $21/hour

Start Date: Monday, May 24th, 2027 (can be flexible)

End Date: Friday, August 13th, 2027 (can be flexible)

Ready to explore how organizations identify and respond to business risks? Join Merchants Bonding Company as our Summer 2027 Risk Management Intern! In this role, you'll gain hands-on experience reviewing vendor information, organizing contracts, researching potential risks, and preparing reports. You'll collaborate with professionals across the organization while developing valuable skills in research, analysis, communication, and risk management.

About Us

At Merchants Bonding, we have a positive and collaborative environment where your ideas are valued, and your growth is prioritized. We work hard to deliver first-class experiences in all our relationships. Our commitment to innovation and building trust secured our spot among the top 10 surety companies in the country. Surety bonds are a vital part of industries like insurance, finance, and construction, where reliable business transactions are essential to protect all parties involved.

Curious to learn more? Visit our website and social media to explore the perks and opportunities at Merchants.

What you'll do

• Support Vendor Risk Reviews: Gather documents, check information for completeness, and help identify potential risks involving vendors and other outside partners.
• Assist with Ongoing Vendor Monitoring: Track reviews, risk findings, outstanding documentation, and follow-up items while maintaining accurate records within the company's risk management systems.
• Identify Gaps & Improve Processes: Look at how work gets done day to day, notice where things could run more smoothly or safely, and suggest practical improvements.
• Support Contract Management: Maintain agreement records, track key dates and renewals, and help ensure contract information is accurate and organized.
• Assist with Risk Reporting & Analysis: Gather risk-related information, update reports and program metrics, and help identify trends or items that may require additional review.
• Research Emerging Risks: Learn about new developments involving vendor risk, information security, data privacy, artificial intelligence, and regulatory requirements, and share relevant findings with the Risk Management team.
• Collaborate Across the Organization: Work with Risk Management professionals and other departments to support vendor reviews, team initiatives, documentation, and process improvements.

Competencies You'll Use

• Critical thinking: Analyze information thoughtfully, evaluate options, and make informed decisions to solve problems.
• Problem-Solving: Leverage your analytical abilities to identify and address risk-related issues.
• Relationship Building: Build and maintain professional relationships with colleagues and business partners, fostering a collaborative and supportive work environment.
• Communication: Communicate clearly and adapt to different audiences in both written and verbal forms.
• Time Management & Organization: Manage multiple tasks and deadlines efficiently, demonstrating strong organizational abilities to prioritize and complete work effectively.
• Professionalism: Maintain integrity, respect, and excellence in all interactions and work environments.

Qualifications What Sets You Apart

• Strong Academic Performance and Relevant Coursework: A proven commitment to excellence through your academic achievements, including coursework relevant to the role, such as Business Law, Risk Management, or Contract Management.
• Previous Work Experience: Work experience, in a corporate environment or not, that showcases your skills and work ethic.
• Involvement in Extracurricular Activities: Participation in campus organizations or other activities that display your teamwork, leadership, time management, and passions.
• Leadership and Initiative: Roles or projects where you've taken on leadership responsibilities, demonstrate creativity, and proactively addressed challenges.
• Professional Development: Additional training, certifications, or workshops that enhance your qualifications.
• Volunteer Experience: Participation in volunteer opportunities that highlight your ability to collaborate with diverse teams and contribute to community-focused goals.