Summer Associate - Governance, Info Security, Risk & Compliance at Five Star Bank | Buffalo, NY, US | Rezi

Summer Associate - Governance, Info Security, Risk & Compliance at Five Star Bank

Summer Associate - Governance, Info Security, Risk & Compliance

Five Star Bank · Buffalo, NY, US

2 days ago

Summer Associate - Governance, Info Security, Risk & Compliance

Five Star Bank · Buffalo, NY, US

2 days ago
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About the Role

Five Star Bank’s Summer Associate Program develops future financial services professionals to advance our vision of being an independent, high-performing community bank. Our Governance, Risk & Compliance Program offers hands-on experience in Compliance, Risk, BSA/AML, Information Security, Internal Audit, and Fraud. This internship provides valuable exposure to risk management frameworks, compliance monitoring, and governance processes within a community bank.

Responsibilities

  • Support the organization's compliance program by assisting with regulatory testing, monitoring, and oversight activities.
  • Evaluate compliance controls, document findings, and support risk assessments.
  • Support the identification, assessment, and monitoring of financial, operational, and regulatory risks.
  • Assist with data analysis, third-party risk reviews, and reporting to strengthen internal controls.
  • Assist in monitoring financial transactions for suspicious activity.
  • Support the preparation of reports such as Suspicious Activity Report (SAR).
  • Assist in detecting and investigating suspicious transactions.
  • Support the implementation of fraud prevention strategies.
  • Partner with the Internal Audit team to evaluate risk management, internal controls, and operational processes.
  • Gain exposure to audit testing, regulatory requirements, and banking operations.

Requirements

  • Currently pursuing a degree in Business, Finance, Accounting, Law, Cybersecurity or a related field.
  • Junior-level standing or higher preferred.
  • Available to work a hybrid work model, 40 hours per week for the duration of the program starting in June.
  • Occasional travel within corporate footprint (Buffalo and Rochester) will also be required.
  • At least 1 year in one or more club(s), volunteerism efforts, or other activities outside of the classroom.
  • Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal customers, associates, and stakeholders.
  • Incorporate the high-performance behaviors of teamwork, leading by example and serve in every facet of work.

Skills

  • Strong analytical and problem-solving skills.
  • Excellent communication and collaboration abilities.
  • Interest in governance, risk management, compliance, or regulatory affairs.
  • Self-starter with a collaborative mindset and attention to detail.
  • Curiosity, initiative, and a desire to learn in a fast-paced environment.

Location

  • Buffalo
  • Rochester

Work Type

  • Hybrid
  • Full-time

Experience Level

  • Internship

Education Level

  • Bachelor's Degree

Benefits

  • Competitive benefits package
  • Potential eligibility for cash or equity-based incentives

About the Company

  • Five Star Bank is an independent, high-performing community bank.