Midland States Bank · 3 hours ago
Intern - Risk Management - Fraud
Effingham, IL
Internship
Onsite
Intern
$15/hr - $15/hr
Start in 2026 SpringMidland States Bank is a unique financial institution focused on providing personalized solutions to meet customer needs. The Fraud Intern will support the Risk Management Department, gaining hands-on experience in financial crime detection, fraud prevention, and BSA compliance while contributing to real projects and participating in cross-departmental discussions.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
Assist with monitoring fraud-related alerts and identifying potential risks
Support monthly and quarterly risk and fraud reporting
Research and develop use cases for AI integration into risk management processes
Participate in Access Review and data analysis projects to identify process improvements
Attend department meetings, cross-functional sessions, and ROCI (Risk Oversight & Control Improvement) discussions
Contribute to documentation and process streamlining initiatives
Shadow fraud and BSA professionals to learn best practices in financial crime prevention and investigation
Perform other duties as assigned
Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA)
Qualification
Required
Enrolled in a degree program in Finance, Business Administration, Economics, Data Analytics, Risk Management, or a related field
Strong analytical and problem-solving skills
Proficient in Microsoft Office Suite (Excel, Word, PowerPoint)
Excellent written and verbal communication skills
High attention to detail, professionalism, and organizational skills
Eagerness to learn and contribute within a collaborative team environment
Interest in risk management, fraud detection, and compliance
Must be available mid-May through late July 2026
Must be available Monday–Friday, 8:00 a.m.–5:00 p.m. (40 hours/week)
Must reside locally and report to the Effingham, IL office
Benefits
Comprehensive healthcare
Well-being benefits
Paid family leave
Generous paid time off
Banking perks
Employee Stock Purchase Plan
401K plan with company match
Opportunity to participate in our Non-Qualified Deferred Compensation plan
Company
Midland States Bank
Midland States Bank is a community-based financial holding company.
Founded in 1881
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$55.33M2016-05-25IPO
2015-06-04Debt Financing· $55.33M
Leadership Team
Jeffrey Ludwig
President and CEO
Eric Lemke
Chief Financial Officer
Recent News
Midland States Bancorp, Inc.
2025-12-01
Midland States Bancorp, Inc.
2025-11-07
Midland States Bancorp, Inc.
2025-11-04
Company data provided by crunchbase