Summer 2027 Risk Management Internship

Summer 2027 Risk Management Internship

If you are interested in more than one KeyBank internship opportunity, please consider applying for your top 3 internship roles within 12 months so you avoid duplicating efforts and get the best candidate experience.

The program runs for 10.5 weeks and gives interns meaningful work that matters, feedback and coaching, and engaging events. Interns work on line of business projects that directly support Key's business and strategic pillars. The program also includes networking with Key teammates at all levels, a series of Learning Labs with internal and external speakers, and an assigned mentor.

Risk Management

Key Risk Management leads risk management strategy and initiatives for enterprise risk, credit, market and treasury, anti-money laundering, compliance, operational and model risk, along with regulatory relations, portfolio management, quantitative analytics and asset recovery.

About the Risk Management Internship Program

The program builds KeyBank risk professionals through training, work experience, cross-functional exposure, and structured feedback and performance management. Interns are placed in one Risk Management department for the full internship. Those who complete the program may be offered a full-time rotational analyst position in Risk Management.

Job Responsibilities

• Assess and monitor risk and controls
• Evaluate the efficacy of the control environment
• Communicate opportunities for efficiency and process improvement
• Data analytics and reporting
• Working with various systems
• Quality assurance and control testing
• Credit analysis
• Practical application of regulatory requirements
• Special projects, based on performance and business needs

Placement areas may include Anti-Money Laundering, Enterprise Risk, Operational Risk, Compliance, Credit Risk, Market and Treasury Risk, or Model Risk.

Placement Areas

• Anti-Money Laundering: Takes a risk-based approach to AML regulatory obligations, including transaction monitoring for suspicious activity.
• Enterprise Risk: Examines risk holistically, aggregates risk, develops methodologies and identifies best practices for assessing and controlling risk.
• Operational Risk: Examines loss from internal human error or malfeasance, failed internal processes or systems, or external events.
• Compliance Risk: Examines the risk of legal or regulatory sanctions, financial loss or reputational damage from failing to comply with banking and financial regulations.
• Credit Risk: Handles credit approval and risk oversight of Key's credit portfolios, analyzing the risk of borrowers failing to repay on agreed terms.
• Market and Treasury Risk: Monitors and evaluates risks to Key's capital, income, cash flows or portfolio valuations from adverse market moves.
• Model Risk: Ensures Key uses approved, validated models (proprietary and vendor) that suit their purpose and operate as intended.

Compensation and Benefits

This position is eligible to earn an hourly rate of $23. It also includes a $2,000 Summer Internship Sign-on Bonus. Benefits details are available on Key's careers site.

Key prioritizes in-office presence, with flexible options where roles can be performed effectively in a mobile environment.

KeyBank's Internship and Analyst positions are not eligible for employment visa sponsorship, including H-1B sponsorship.

Qualified individuals with disabilities or disabled veterans who need accommodations to apply may email [email protected].