Position Summary

Busey Bank, a growing financial institution with over 150 years of service and operations across ten states, including Illinois and Kansas, is seeking an initiative‑taking and intellectually curious Risk Management Intern to join our Enterprise Risk Management (ERM) team for the summer.
This internship is ideal for students in quantitatively focused undergraduate or graduate programs who want hands‑on experience applying analytical, data, and risk‑based skills in a real banking environment. As a Risk Management Intern, you will contribute to the maturity and scalability of the Bank’s risk programs and support strategic priorities across the enterprise.

Throughout the internship, you will work closely with an experienced risk professional(s) and gain exposure to risk domains such as:
• Operational Risk – management information systems, process analysis, risk event reporting.
• Information Security Risk – cybersecurity governance, control testing, access management fundamentals.
• Enterprise Risk Management – risk assessments, risk appetite monitoring, KRIs, scenario analysis.
• Compliance Risk – regulatory requirements, compliance testing, fair and responsible banking, financial crimes.
• Model Risk Management – model documentation, testing, governance, and validation practices.

Your internship will be project‑based, with opportunities to contribute to foundational elements of risk management programs or to enhance existing frameworks to support Busey’s continued growth.

From this experience, you will gain:
• Hands‑on exposure to bank risk management operations within a $20B regional commercial bank.
• Practical experience applying classroom theories to real-world risk challenges.
• Mentorship from industry practitioners across multiple risk disciplines.
• Opportunities to develop technical, analytical, and communication skills.
• Experience producing deliverables aligned with regulatory expectations and risk frameworks.
• A meaningful project portfolio that can support future career opportunities.

Duties & Responsibilities

• Support the development and enhancement of ERM, operational risk, compliance risk, information security risk, or model risk management processes and documentation.

• Assist with risk assessments, including data gathering, risk/control evaluation, and reporting.

• Conduct analysis of operational metrics, loss data, KRIs, and other datasets to identify trends and emerging risks.

• Build or enhance dashboards and reporting tools using Power BI or similar analytic platforms.

• Work with cross‑functional partners to evaluate controls, process maps, and risk indicators.

• Participate in compliance reviews, information security governance activities, or model inventory documentation depending on assigned track.
• Perform research on regulatory expectations, industry practices, and risk frameworks such as COSO, FFIEC, and NIST.
• Leverage AI/ML tools or agents (e.g., GitHub Copilot, ChatGPT‑style tools) for coding, data analysis, or automation opportunities.
• Prepare clear, concise, and actionable presentations or reports for project sponsors and risk leaders.
• Exhibit high standards for customer service through adherence to The Busey Promise and Service Plus service model.

Location: Kansas City or Champaign-Urbana

Education & Experience

Education:

• Candidates must meet one of the following criteria:

• Currently enrolled in a Bachelor’s degree program with a focus in business administration, operations management, management information systems, business analytics, computer information sciences, finance or related areas of study.
• Or, hold a Bachelor’s degree in the fields above and actively enrolled in a Master’s degree programs for MBA, risk management, business analytics or related fields.

Experience and Skills:

• 0-3 years of experience in risk management, business analytics, or financial modeling (internships and research projects considered).
• Experience with business analytic tools (e.g., PowerBI, Tableau, etc.).
• Proficiency in Microsoft Office, specifically Excel and PowerPoint.
• Familiarity with programming languages such as Python, R, MATLAB, or SQL.
• Experience leveraging AI agents for coding, model development and problem solving.
• Effective communication skills with the ability to translate complex concepts/findings into actionable business insights for non-technical audiences.
• Demonstrated problem-solving capabilities, attention to detail, and intellectual curiosity.
• Ability to work effectively independently and within team settings.
• Customer Service - Adheres to The Busey Promise service standards set by Service Plus (Busey’s service model) to anticipate and exceed the needs of our customers, both internal and external.
• Functional Knowledge and Technical Skills - Skilled in job-specific knowledge that is necessary to provide the appropriate quantity and quality of work in a timely and efficient manner
• Accountability - Work behaviors demonstrate responsible personal and professional conduct, which contributes to the overall goals and objectives of Busey
   

Benefits And Compensation

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $20/hr)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies (“Agency”), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings (“Agreement”). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.