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About the Role
Risk & Compliance is responsible for establishing the framework, policies, guidance, and tools that support risk and compliance management across BNY. Led by the Chief Risk Officer, the function provides independent oversight, monitoring, and challenge of risk decisions and activities throughout the risk management lifecycle. Interns gain hands-on experience working with global teams across key areas such as credit, market, liquidity, technology, operational, compliance, model, AI, and enterprise risk, while building an understanding of how strong governance and consistent standards support the firm. As AI, GenAI, automation, and data-driven tools continue to transform financial services, Risk and Compliance analysts help evaluate emerging risks, strengthen controls, support responsible AI adoption, and translate complex information into insights that promote safe, sustainable growth. This includes exposure to how AI is governed, monitored, and used responsibly across the firm, including areas such as model risk, regulatory compliance, technology risk, data quality, control design, and the safe use of AI-enabled tools.
Responsibilities
- Support risk and compliance activities by helping teams apply frameworks, policies, and oversight practices across the firm.
- Analyze information, identify trends, and assess how risks are being managed across businesses, processes, and functions.
- Assist with reviews, reporting, and documentation that support governance, monitoring, compliance efforts, and responsible AI oversight.
- Gain exposure to key risk areas such as credit, market, liquidity, operational, technology, compliance, model, AI, and enterprise risk.
- Explore how AI, automation, analytics, and data-driven tools can improve risk identification, enhance controls, support decision-making, and create more efficient ways of working.
- Help teams think critically about AI-related risks, including accuracy, explainability, data quality, privacy, control effectiveness, regulatory expectations, and appropriate human oversight.
Requirements
- Enrollment in a 3 or 4-year undergraduate degree program with a strong focus on business-related and/or technology-related majors preferred.
- Graduating in Dec 2027 or Summer 2028.
- On track to achieve a 2.1 or higher.
- Does not require sponsorship for employment visa status (now or in the future) in the country where applying.
Skills
- Risk management, compliance fundamentals, and control-minded decision-making
- AI fluency, including responsible AI principles, prompt awareness, AI governance, and the ability to understand AI-enabled business use cases
- Data analytics, insight generation, and the ability to interpret structured and unstructured information
- Analytical problem-solving and critical thinking
- Written communication, documentation, and stakeholder collaboration
- Judgment, attention to detail, and a control-minded approach
Work Type
- Summer Internship Program
Experience Level
- Intern
Education Level
- Undergraduate degree program
Benefits
- Highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy.
- Access to flexible global resources and tools for your life’s journey.
- Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team.
- Generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
About the Company
- BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy.
- As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets.
- Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
- Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent.
- Together, we power the future of finance – and this is what #LifeAtBNY is all about.
- Join us and be part of something extraordinary.
- BNY's culture speaks for itself.
- America’s Most Innovative Companies, Fortune, 2025
- World’s Most Admired Companies, Fortune 2025
- “Most Just Companies”, Just Capital and CNBC, 2025
Equal Opportunity
- BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.