Experience:
No experience
Employment Type:
Intern/Co-op
Posted:
9/15/2019
Job Category:
Law Enforcement
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Bank Intern - Supervision and Controls (MBA)
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Job Description

Purpose of Job

USAA's 10-week, summer internship program offers college and MBA students an exciting opportunity to work at a Fortune 100 company and leading financial services firm. Our interns deliver innovative solutions to real business challenges and build enduring relationships with their leaders and mentors. While gaining insight into the service of the military community and USAA's noble mission, interns are immediately part of USAA's collaborative culture. Spend your summer at USAA and gain a career where you can make a difference!

The MBA Intern Program is designed to engage high potential talent and develop strategic leaders who thrive in the opportunity to drive solutions to meet our mission and membership needs. The program will enhance skills through professional development sessions, senior leader networking and stakeholders' presentations. Are you ready to apply your academic experience and immerse into USAA bank's culture that ranked USAA #1 The World's Best Banks by Forbes and Statista. Thrive in a culture of customer service, trust, digital services and financial advice technology in the global banking market.

The MBA Intern Program assists with the development and implementation of solutions to influence business decisions for relevant CoSA or line(s) of business. Assists with the development of best in practice solutions to business challenges. Helps to Identify opportunities to change, enhance, or streamline exiting business programs. Acts as a functional resource to assure proper compliance with processes and regulatory requirements.

Our 2020 summer internship program will start on May 18, 2020 and last through July 24, 2020. To be eligible, you must be a college student during the time of the internship program.

Job Requirements

Tasks:

* Performs professional duties in support of operations for the functional area assigned
* Supports the supervision of front-line business units that are responsible for implementing and adhering to Heightened Standards and operating within risk tolerances. Identifies risk-related issues in their assigned organization pertaining to compliance and operational risks. Executes risk management tasks, projects, and activities which includes administering and creating strong action plans and timely mitigation of risk. Collaborates with Business Control Management (BCM) and 2nd line of defense team members to support and ensure effective risk mitigation.
* Applies foundational functional knowledge to produce work deliverables in support of departmental initiatives
* Manages limited departmental projects and/or participates as a project resource on larger initiatives. Identifies opportunities and facilitates basic improvements to processes and systems
* May assist with implementation of business solutions to meet business needs. Contributes to compliance, product competitiveness, and profitable growth. Supports the facilitation of training, communications and related activities
* May interact with clients for technical requests to understand requirements and limitations in different phases of project lifecycle to include research, testing and implementation
* Performs routine tasks under direct supervision and within established procedures and guidelines

Minimum Education:

* Pursuing an MBA degree at an accredited university with an expected graduation date of December 2020 or later
* Graduation date cannot be prior to the end of the internship

Minimum Experience:

* 4+ years of related experience and accountability for simple to moderately complex tasks and/or projects required.
* Foundational and conceptual knowledge of the function/discipline and demonstrated application of knowledge, skills and abilities towards work products required.
* Foundational level of business acumen in the areas of the business operations, industry practices and emerging trends required.

Preferred Education:

* MBA in Business, Enterprise Risk Management, Finance

Preferred Work Experience:

* Working knowledge of Microsoft Excel, PowerPoint, Word and Access or similar spreadsheet, presentation, word processing and database tools.

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