Compliance Risk Analyst Intern (ERS)

Description

Credit One Bank Summer Internship Program

Intern Title: Compliance Risk Analyst Intern (ERS)
Audience: Undergraduate Students Only
Department: Enterprise Risk Strategy – Compliance Risk


Position Summary

Credit One Bank is seeking a Compliance Risk Analyst Intern for the Enterprise Risk Strategy department. The Intern will be responsible for performing second line of defense (2LOD) duties, which includes testing of risks and controls (manual and automated) related to regulatory requirements for the Bank. Compliance risk testing is designed to ensure that the Bank complies with various consumer laws and regulations.

In addition to the details below, the Intern will provide general support to the VP and team to ensure that effective and efficient execution of first-line processes are occurring in accordance with regulatory guidance, procedures, and appropriate timelines.

Position Requirements:

• Undergraduate Junior (entering junior year) or Senior (must have one semester/quarter remaining).
• Majoring in pre-law or business degrees, including, but not limited to: Business, Criminal Justice, Economics, History, Humanities, Political Science, Psychology, Sociology, or a related field.
• Minimum cumulative GPA of 3.0.
• Excellent leadership and project management skills.
• Strong interpersonal skills
• Strong analytical skills
• Self-starter who can work independently, with minimal supervision/guidance.
• Written and verbal communication skills, with various levels of management, including Executives.
• Experience in advanced levels of MS Office suite, with an emphasis on Excel + Pivot Tables and PowerPoint.
• Present in Las Vegas, NV, for the Summer Internship Program: June 8, 2026 – August 14, 2026 (10-weeks at 40 hours a week).

Summary of Essential Job Functions:

• Maintain advanced knowledge of laws, regulations, and regulatory guidance related to the Bank's activities and products.
• Facilitate second-line compliance risk reviews, including testing and monitoring of applicable laws and regulations.
• Manage review processes to ensure testing is completed accurately, with high-quality, and within testing timelines.
• Prepare workpapers and ensure documentation has been finalized for circulation with the VP, senior leadership, and key business partners, including review announcements, planning documents, testing results (e.g., findings), and final reports.
• Create written reports of findings and recommendations to departmental leadership and executive management.
• Follow up with management and business partners to ensure corrective action has been taken on any issues identified.
• Perform testing of system functionality to ensure regulatory requirements are met.
• As part of testing, review various materials (e.g., solicitations, disclosures, statement inserts, etc.) and customer disclosure documents (e.g., Adverse Action Notices).
• Review and revise documents related to the testing team's projects (e.g., methodology, procedures, templates, etc.).
• Facilitate status update meetings with relevant business partners.
• Provide feedback on workpaper templates, governance and methodology materials for compliance testing.
• Independent research in planning reviews to determine the scope, which includes analyzing information from a variety of channels (e.g., complaints, issues, white papers).
• Guide the business regarding action plans and how to potentially resolve issues identified in testing.
• Execute special projects and ad hoc duties as assigned.

Program Dates:
June 8, 2026 - August 14, 2026

Program Goals and Objectives:
The intern will work on either a Compliance Risk Testing Review (CRTR) or an Exceptions Monitoring (EM) project. Both are facilitated in a phased approach which includes: reviewing laws/regulations relative to their project to determine the scope; developing test scripts, which include questions derived from the legal requirements; testing of policy, guidelines, and account-level information; drafting the Final Report (CRTR) and/or Deck + SOP (EM) for leadership review and circulation.