2024 ETP Intern - Risk Management

Birmingham, Alabama
Aug 28, 2023
Sep 28, 2023

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

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Job Description:

At Regions, the Intern works on department assignments while learning more about the financial services industry. As an intern, you will be provided with job skills and training, personal development, and networking opportunities, while experiences Regions values. Regions offers college internship opportunities within various departments.

Primary Responsibilities

  • Receives exposure to all basic functions of assigned group within the financial industry

  • Exposed to a wide range of tasks including research, administrative and correspondence work and attend meetings

  • Provides assistance in projects

  • Gains valuable insight within a variety of functions while strengthening core skills and knowledge needed to laun

ch a successful career

  • Responsibilities will vary by internship

This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.


  • A college student who has interest in developing technical skills and gaining work experience

  • Ability to work 40 hours a week for 10 weeks

Skills and Competencies

  • Active in leadership posting on campus and/or involved in campus extracurricular activities

  • Critical thinking skills

  • Intellectually curious

  • Microsoft Office skills

  • Strong communication and interpersonal skills

  • Team oriented with ability to work independently

Regions Risk Management Summer Internship Program offers internship opportunities to college students, which includes positions across Financial Risk Management, Non-Financial Risk Management, Corporate Compliance, Model Risk Management, Consumer & Wealth Risk Management and Corporate Banking Risk Management.

Summer Interns will gain hands-on experience and exposure to various initiatives in Risk Management that are key priorities to enhance risk management principles and practices across the entire organization.  Summer Interns will operate as key team members, supporting internal initiatives. Each Summer Intern will be assigned to a specific team and participate in centralized training sessions and have opportunities to interact with senior members to gain exposure to the various groups within Regions Risk Management.

Intern Placement Opportunities:

  • Fraud Compliance: The Fraud Compliance intern will work with different areas of the Financial Crimes Unit to provide oversight of fraud prevention activities, including compliance with consumer regulations and customer advocacy efforts.  Oversight activities will include developing analytical reports for monitoring fraud and complaints, review of key fraud model rules for customer impacts, and risk reviews to understand fraud prevention methodologies and processes to identify and assess risks.  The intern will have the opportunity to learn about various fraud prevention strategies and understand how Regions approaches customer protection across various banking products and customer touchpoints.   The experience will give an intern exposure to various areas of the compliance and fraud teams across the bank, as well as an understanding around how data can be utilized to inform decision-making more effectively. 

  • Model Risk Management: Model Risk Management interns will perform validation test work for quantitative models and analytical tools as well as assist with model governance activities.  Overall, the intern will strengthen their technical skills, writing skills, communication skills, risk management knowledge, and would get the experience of working with a diverse team of deeply skilled subject matter experts. An intern would also have the opportunity to learn about artificial intelligence, machine learning, and data science initiatives at Regions.

  • Financial Risk Management - Credit Portfolio Management: The Financial Risk Management Credit Portfolio Management intern will have an opportunity to explore multiple facets of emerging risk research. The intern will leverage internal and external data research resources to enhance forward looking perspectives of the Business Services, Commercial Real Estate and Consumer lending portfolios. The intern will also have opportunities to assist in the enhancement of data visualization and geographic information systems that are used throughout the firm in credit underwriting, portfolio monitoring and risk assessment.

  • Financial Risk Management - Risk Modeling & Data Science: The Financial Risk Management Risk Modeling & Data Science intern will have the opportunity to learn about loss forecasting, stress-testing, Allowance for Credit Losses and portfolio analytics. An intern will participate in a number of projects, which include the enhancement of reporting capabilities, collaboration with business partners and process

improvements relating to data, modeling and automation. Overall, the intern will strengthen their skills related to quantitative analysis, modeling and programming, business writing and management communication.

  • Financial Risk Management- Market, Liquidity and Capital (MLC) Risk: The Financial Risk Management MLC Risk intern will have the opportunity to work on various projects including investment portfolio analysis, interest rate risk (IRR), regulatory gap analysis, review of qualitative approaches specific to capital planning, components of the independent liquidity review and capital and liquidity stress testing. The intern will receive knowledge around how the bank enhances resiliency through proper capital and liquidity planning, better understand how the economy and interest rates impact the bank's financial performance, and how risk management practices are utilized to monitor and manage those risks.    

  • Non-Financial Risk Management - Environmental, Social, & Governance (ESG): The Non-Financial Risk Management ESG intern will learn about an emerging and increasingly important area of risk management in the environmental and social risk space.  The intern will support workstreams dedicated to incorporating ESG into risk management practices and governance strategy.  Projects might include researching rapidly changing ESG related regulations, supporting the development of bank-wide ESG communications, testing ESG related data vendor platforms, monitoring sustainable finance activities at Regions and at peer banks, or applying data skills in a work effort focused on tracking scope 3 emissions.


  • College student pursuing an undergraduate or graduate degree majoring in technical (e.g., data science, technology) or business fields

  • Ability to work 40 hours a week for at least ten weeks

  • Preferred minimum 3.0 GPA

Skills and Competencies:

  • Preferred rising junior-level college student majoring in Business, Data Management, Math, Management Information Systems, Industrial Engineering, Project Management or related field.

  • Ability and desire to work in a fast-paced environment

  • Proven dedication to excellence and achieving results

  • Strong analytical and organizational skills

  • Ability to quickly learn new technology


Position Type

Full time

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

  • Paid Vacation/Sick Time
  • 401K with Company Match
  • Medical, Dental and Vision Benefits
  • Disability Benefits
  • Health Savings Account
  • Flexible Spending Account
  • Life Insurance
  • Parental Leave
  • Employee Assistance Program
  • Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.


Location Details

Regions Center


Birmingham, Alabama

Bring Your Whole Self to Work  


We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.


OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans