2025 Enterprise Risk Management Summer Internship

Description

Founded in 1963, FirstBank is Colorados largest locally owned holding company and we are still growing, serving customers in Colorado, California, and Arizona. Our growth can be attributed to one simple philosophy: do right by customers, communities, and employees, which is at the center of the company’s “banking for good” mantra. FirstBank believes that diversity, equity, and inclusion are part of everything we do, both within and outside our company, and we take pride in hiring and training a diverse and talented group. We strive to not only maintain a diverse workforce, but also ensure our employee experience garners a sense of belonging, is inclusive and equitable. FirstBank believes that a company is nothing without the people that comprise it. By joining the FirstBank team you will experience our great team culture with ample opportunity for growth. There’s an opportunity for everyone with positions across the company, from Personal Banker and Call Center to Technology and Lending. Apply today to learn more and join the team!

A Brief Overview

FirstBanks Risk Management Department is committed to participating in a Pre-Career Development Program by providing an Intern with the opportunity to gain valuable knowledge and experience in the enterprise risk management field. The Enterprise Risk Management Internship is a 9 week program for qualified college students seeking first-hand experience in enterprise risk management. The overall design of the program allows an intern the opportunity to work side by side with career professionals in the areas of enterprise risk management, loan review, audit, compliance, vendor management, anti-money laundering, information and cybersecurity and business continuity. In addition to gaining insights to real world risk management processes, the intern will also have the opportunity to participate in various projects, attend across enterprise business meetings and gain exposures to general banking practices. The senior management team (SMT) in the department is committed to the internship program and participating intern will have access to SMT for targeted career counseling. Throughout the program, the intern will be given the opportunity to grow personally and professionally. Development of interpersonal skills, risk analysis and effective challenge skills and Microsoft Office skills are all integral parts of the program. The internship will allow for the application of knowledge and skills in real life professional situations. It is FirstBanks goal to provide a valuable and rewarding experience to our interns.

What you will do

Gaining exposure to the Company’s Enterprise Risk Program, including assisting with the preparation of the key performance indicators and other reports to provide insights and drive strategic decisions by leadership

Obtaining exposure to the Company’s model risk management program and assisting with model governance reviews

Assisting with annual governance reviews and gaining exposure to the Company’s process risk and operational risk assessment frameworks

Acquiring a general understanding of the Company’s internal loan review function and exposure to the general practice of loss modeling and data analytics

Developing a high level understanding of the following risk management functions within the Company: Compliance Internal Audit Vendor Anti-money laundering (AML) Information and Cybersecurity Business Continuity Participating in FirstBank sanctioned events such as Professional Development Day, Community Give Back Day, and Intern Social Outings.

Minimum Requirements

Current full-time college students seeking a business degree with a major in Risk Management & Insurance, who will have completed at least two (2) years of undergraduate studies at the start of the internship.

Must have a minimum 3.0 GPA

Knowledge, Skills, and Abilities

Strong verbal and written communication skills

Strong logical and analytical problem solving skills

Ability to manage multiple tasks concurrently

Ability to prioritize daily work with help from supervisor

Aptitude to learn quickly and work in a team environment

Salary Range

Starting at $20.00 Per Hour

Statement of Benefits

FirstBank offers a suite of benefits that support our employees’ professional, financial, physical, emotional and spiritual well-being. Benefits currently offered with our positions include: Paid Time Off/paid leave programs, 401K/Employee Stock Ownership, United Healthcare medical, MetLife dental, VSP vision, Employee tuition reimbursement, Volunteer Time Off, Short-Term Disability, Long-Term Disability, and Group Life Insurance/AD&D

EOE/Affirmative Action

FirstBank is an EOE/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or any other legally protected characteristic. FirstBank does not permit pay inequities. Anyone who believes they have been subject to pay inequity should immediately report their concerns to the Human Resource Department.

Colorado Job Application Fairness Act

Under Colorado’s Job Application Fairness Act, you have the right to redact from any documents that you submit in connection with your application information that identifies your age, date of birth, or dates of attendance at or graduation from an educational institution. Should you wish to exercise your right to redact such information, please redact it prior to submitting the documentation

This job opportunity is expected to close on October 18, 2024

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)