12-month Internship Program: Enterprise Risk Management

12-month Internship Program: Enterprise Risk Management

Internship 20000 - 30000 € / year (est.) No home office possible
TargetJobs UK

At a Glance

  • Tasks: Support the UK Superstructure Team in managing enterprise risks and conducting reviews.
  • Company: Join State Street, a leader in risk management within the banking sector.
  • Benefits: Structured learning, networking events, and mentorship from experienced professionals.
  • Other info: Dynamic internship with opportunities for career growth and development.
  • Why this job: Gain hands-on experience in risk management while building your professional network.
  • Qualifications: 2.1 honours degree or equivalent in relevant fields; strong analytical and communication skills.

The predicted salary is between 20000 - 30000 € per year.

Who We Are

Banking is a risk‑taking business. The goal of ERM is to ensure that State Street's risks are proactively identified, well‑understood, and prudently managed in support of our business strategy. As such, ERM provides risk oversight, support, and coordination to ensure consistent identification, measurement, and management of all risks possible in providing products and services to our clients.

About The Internship Program

Enterprise Risk Management is seeking a well‑qualified individual to support the UK Superstructure Team in the execution of its varied responsibilities. Our Intern Program is designed for high‑potential students, preparing you for future success. From day one you will be exploring a collaborative and dynamic environment and you will receive:

  • A structured learning and development program
  • Specific job‑related trainings
  • Professional development and soft skills trainings
  • A buddy who can offer you experience, knowledge, and guidance throughout your internship
  • Dedicated networking events for the interns
  • Leadership and business‑related sessions with Senior Management
  • Possibility to grow your professional network by joining Employee Committees including: Professional PWN, Families Network, Disability & Inclusion Network, Pride & Friends Network, Environmental Sustainability Network

Program dates: 22 June 2026 – 21 June 2027. You must be available to participate in the program in person in the UK, starting from day one for its full duration, and you are required to work from the office 4 days a week.

What You Will Do

In this role, you will perform the following day‑to‑day activities:

  • Conduct quarterly review and updates of the SSBT London Branch Risk Appetite Framework (RAF), including required documentation, ensuring alignment with the business strategy
  • Support the annual Bank‑wide Risk Identification process, in alignment with global procedures, and assess emerging risks
  • Coordinate risk interdependencies across various risk dimensions
  • Collaborate with risk stripes leads to developing the SSBT London Branch Risk Strategy
  • Act as a coordinator/project manager for risk‑overarching initiatives, including audits, regulatory compliance requirements, and ad‑hoc requests from the CRO
  • Maintain the Risk Governance documentation, including policies, procedures, and technical documents
  • Maintain SLAs and provide oversight on outsourced activities
  • Ensure effective internal controls and adherence to risk policies
  • Lead the collection and synthesis of data inputs from the various risk functions for monthly executive management reporting

What We Value

  • Proven hands‑on capabilities in managing tasks independently, with a willingness and ability to engage in multiple tasks concurrently and reprioritise effectively
  • Ability to work with tight deadlines and under pressure
  • Strong interpersonal, organizational, communication, and presentation skills (executive messaging)
  • Ability to effectively develop and manage relationships at all levels
  • Ability and self‑motivation to master key concepts and themes in an evolving regulatory environment and model/data landscape
  • Strong communication skills, both written and oral
  • Demonstrated strong analytical abilities and reasoning skills with attention to details
  • Team player in a fast‑paced, high‑energy environment

Education And Preferred Qualifications

A minimum 2.1 honours degree or equivalent (predicted). Undergraduate students: degree in Economics, Business, Technology, Engineering, or a Risk Management related discipline. Interest or coursework related to financial markets, banking, or technology preferred. Familiarity with Microsoft Office tools; experience with data analysis or project tools is a plus. To apply you must be an undergraduate who is eligible to work in the UK and able to start your placement in early June 2026 and remain in the position for 12 months. You must be intending to return to university to finish your degree after the placement.

State Street is an equal opportunity and affirmative action employer.

12-month Internship Program: Enterprise Risk Management employer: TargetJobs UK

State Street offers an exceptional internship experience in Enterprise Risk Management, providing a collaborative and dynamic environment where high-potential students can thrive. With structured learning and development programs, dedicated networking events, and opportunities to engage with senior management, interns are well-prepared for future success while contributing to meaningful risk management initiatives. The supportive work culture fosters professional growth and inclusivity, making it an attractive place for aspiring professionals in the UK.

TargetJobs UK

Contact Detail:

TargetJobs UK Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land 12-month Internship Program: Enterprise Risk Management

Tip Number 1

Network like a pro! Reach out to current or past interns and employees on LinkedIn. Ask them about their experiences and any tips they might have for you. This can give you insider knowledge and help you stand out.

Tip Number 2

Prepare for interviews by practising common questions related to risk management and your understanding of the banking sector. We recommend doing mock interviews with friends or using online platforms to boost your confidence.

Tip Number 3

Showcase your analytical skills! Be ready to discuss any relevant projects or coursework that demonstrate your ability to handle data and make informed decisions. This is key in a role focused on risk management.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team and eager to be part of the dynamic environment we offer.

We think you need these skills to ace 12-month Internship Program: Enterprise Risk Management

Risk Management
Analytical Skills
Attention to Detail
Project Management
Communication Skills
Interpersonal Skills
Organisational Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Enterprise Risk Management role. Highlight any relevant coursework or projects that showcase your analytical abilities and understanding of risk management.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how your background makes you a great fit for the internship. Be sure to mention specific aspects of the programme that excite you.

Showcase Your Skills:In your application, emphasise your strong communication and organisational skills. Mention any experience you have with data analysis or project management tools, as these will be valuable in the role.

Apply Through Our Website:We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves!

How to prepare for a job interview at TargetJobs UK

Know Your Risk Management Basics

Before the interview, brush up on key concepts in Enterprise Risk Management. Understand the importance of risk appetite frameworks and how they align with business strategies. This will show your genuine interest in the role and help you engage in meaningful discussions.

Showcase Your Analytical Skills

Be prepared to discuss examples from your studies or previous experiences where you've demonstrated strong analytical abilities. Highlight any projects or coursework related to data analysis or risk management, as this will resonate well with the interviewers.

Prepare Questions for Them

Interviews are a two-way street! Prepare thoughtful questions about the internship programme, team dynamics, and opportunities for professional development. This not only shows your enthusiasm but also helps you gauge if the company is the right fit for you.

Demonstrate Team Spirit

Since this role involves collaboration across various teams, be ready to share examples of how you've successfully worked in a team environment. Emphasise your ability to manage multiple tasks and adapt under pressure, which are crucial for this fast-paced role.