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Risk Management Intern

  • Internship
    Full-time
    Summer Internship
  • Business, Operations & Strategy
  • Carmel
  • Quick Apply

AI generated summary

  • You must be an incoming junior or senior in business or risk management, able to manage deadlines, multitask, prioritize, and possess strong written and oral communication skills.
  • You will analyze audit findings, assist in issue resolution, manage data entries, support compliance tracking, review business continuity plans, and enhance reporting through metrics analysis.

Requirements

  • Incoming college junior or senior working towards a degree in business administration, risk management or related field
  • Ability to manage deadlines
  • Ability to multitask
  • Strong written and oral communication skills
  • Ability to prioritize

Responsibilities

  • Assist with Quality Service Level Audit program:
  • Communicate high risk impacts, findings and/or observations to other business units
  • Analyze audit findings and make results-driven recommendations on improvement of client experience
  • Validate identified defects and remediation plans based on results
  • Create and maintain databases of results to monitor trending and identify reoccurring defects
  • Compile monthly audit findings based on lender and/or audit type
  • Assist with Issue Resolution program:
  • Data entry of quality event/issues to our integrated risk management solution
  • Meet with various business area stakeholders to obtain data and information needed to validate impact and determine resolution.
  • Assist with preparing action plans; document appropriate and effective corrective and/or preventive action to prevent re-occurrence
  • Document and communicate results
  • Projects TBD as assigned, ie. data review and analysis
  • Assist with Due Diligence program:
  • Data entry of client & vendor requests to the system of reporting
  • Completion of client questionnaires, vendor assessments and documentation requests
  • Assist with Command Center program:
  • Review the business units’ benchmarking and capacity planning results and processes
  • Metrics & reporting surrounding anomalies and/or service level exceptions
  • Review Command Center daily, weekly, and monthly report procedures for enhancements
  • Projects, TBD as assigned ie. improved visibility of dashboard reporting using Power BI
  • Assist with Risk and Controls Documentation and Testing programs:
  • Data entry & report creation within integrated risk management software
  • Assist in identification and evaluation of risks and controls for functional business units
  • Assist in control testing to further expand risk management experience
  • Participate in delivering status updates to business units as part of testing touchpoints
  • Partner with PRC/Control Testing in documenting intake of PRF reviews
  • Partner with various quality management stakeholders to document and present a quality management summary on a set frequency based on the results of the business unit’s overall assessment rating.
  • Assist with the Business Continuity Program:
  • Review Business Continuity Plans (BCP) for accuracy and completeness in relation to service disruptions.
  • Data entry & report creation within integrated risk management software
  • Compliance:
  • Tracking regulatory updates
  • Partner with various leaders to present and document changes to regulations that impact Allied business and system enhancements derived from compliance changes/findings.

FAQs

What is the duration of the Risk Management Internship?

The Risk Management Internship lasts for 11 weeks, from May 27th to August 8th, 2025.

Is this internship position remote?

No, this position is on-site at our headquarters in Carmel, IN.

What qualifications are required for this internship?

Applicants must be incoming college juniors or seniors working towards a degree in business administration, risk management, or a related field.

Are there any specific skills that are preferred for this role?

Yes, candidates should have strong written and oral communication skills, the ability to manage deadlines, multitask effectively, and prioritize tasks.

What type of projects will interns be involved in during their internship?

Interns will assist with various programs, including quality service audits, issue resolution, due diligence, business continuity planning, and risk and controls documentation.

Is there any opportunity for career advancement after completing the internship?

Yes, Allied Solutions promotes from within and offers career growth opportunities for employees at all levels.

What kind of benefits does Allied Solutions offer its employees?

The company provides a comprehensive benefits package that includes medical, dental, and vision insurance, life and disability coverage, a 401k plan with company match, PTO, and more.

Will interns receive any training during the program?

Yes, the internship program focuses on learning and development, providing hands-on experience and fostering professional growth.

Is there any support for interns to learn about the risk management field?

Yes, interns will partner with various internal departments to gain insights and experience in evaluating operational processes and risk mitigation.

How can I apply for the Risk Management Internship?

Interested applicants should check the Allied Solutions careers page for application instructions and deadlines.

Grow. Protect. Evolve.

Finance
Industry
1001-5000
Employees
1978
Founded Year

Mission & Purpose

Allied Solutions is proud to be one of the largest providers of insurance, lending & marketing products to financial institutions in the US. We’re proud of the entrepreneurial spirit that built our company, and we rely on our culture of innovation to transform products and services into instruments of action. We are a wholly owned and independently operated subsidiary of Securian Financial Group, providing solutions to more than 4,000 clients in North America. Due to both our independence and the depth of our client base, we are able to offer the most innovative and competitive products and services available in the marketplace today.