Summer 2027 Internship - Phoenix, AZ - Preferred Banking Operations

Cagayan State University; Phoenix (AZ); On-site; USD 28,000 - 41,000; Full time

Benefits offered by this job

Medical & dental insurance

Time off

401k matching

Tuition assistance

Employee volunteer program

Wellness program

Ownership stake

Competitive salaries

Job summary

Western Alliance Bank is offering a 10-week summer internship in Phoenix, designed for undergraduates in related fields. You will contribute to risk management, reporting, and process improvements while gaining exposure to multiple business lines and a structured mentorship program.

You’ll perform data-driven analysis, assist in building performance metrics, and participate in automation initiatives to streamline operations.

Qualifications

• Undergraduate student enrolled in a related field.
• GPA of 3.0 or higher.
• Strong analytical, conceptual, communication, and organizational skills.
• Ability to self-motivate and work productively without supervision.
• Interest in the Commercial Business Banking industry.
• Authorization to work in the U.S. on a permanent basis without sponsorship.

Responsibilities

• Work on challenging projects in your area of study within the Operational Risk & Reporting team.
• Support strategic initiatives, employee development, and risk management across multiple verticals.
• Develop and drive performance metrics and line of business reporting.
• Conduct physical and virtual branch design assessments and test procedures and controls.
• Manage inventory and administration of procedures and Risk Control Inventory.
• Oversee management action plans for issue and audit remediation and fraud engagement.
• Design and implement automation solutions to streamline operations.
• Coordinate line of business projects and intake processes for alignment with goals.
• Work with mentors and professionals in a fast-paced, professional setting.

Skills

Analytical skills

Communication

Organizational skills

Self-motivation

Interest in Commercial Banking

Education

Undergraduate student in related field

GPA 3.0+

Job description

Your Role

Here’s what you will be doing:

• Work on challenging projects in your specific area of study within the Preferred & Small Business Banking Operational Risk & Reporting team.
• Support strategic initiatives, employee development, and risk management across multiple verticals including Performance & Reporting, Branch Design & Effectiveness, Procedure & Risk Control Inventory, Issue Remediation & Fraud Management, Automation Development, and Project & Intake Management.
• Develop and drive performance metrics and line of business reporting to support data-driven decision-making.
• Conduct physical and virtual branch design assessments and test procedures and controls to ensure operational integrity and customer experience.
• Manage inventory and administration of procedures and maintain the Risk Control Inventory to align with regulatory and internal standards.
• Oversee management action plans for issue and audit remediation and lead centralized fraud engagement and management efforts.
• Design and implement automation solutions to streamline operations and reduce manual effort.
• Coordinate line of business projects and intake processes to ensure alignment with strategic goals, resource capacity, and training readiness.
• Work alongside world-class professionals in a fast-paced, professional setting with support from a mentor.

About You

The company is looking for:

• Undergraduate students currently enrolled in a related field of study.
• A GPA of 3.0 or higher.
• Strong analytical, conceptual, communication, and organizational skills.
• Ability to self-motivate and work productively without supervision.
• An interest in working in the Commercial Business Banking industry.
• Authorization to work in the U.S. on a permanent basis without employment-based immigration sponsorship.

Compensation & Benefits

• Competitive salaries.
• Ownership stake in the company.
• Medical and dental insurance.
• Time off.
• 401k matching program.
• Tuition assistance program.
• Employee volunteer program.
• Wellness program.

Training & Development

Participate in business projects, mentoring, leadership development training, and team-building activities designed to support professional success during the 10-week summer internship program.

Career Progression

Interns who perform well and demonstrate commitment to the company’s values may be extended employment opportunities with Western Alliance Bank.