Are you looking for an internship that encourages creativity and innovation? We believe our people make the difference in our business and our interns are no exception. In our internship program you will be responsible for supporting your assigned team with a variety of projects and administrative work. No coffee runners work here in the summer, you will do real work that you can add to your resume once you have completed this program. For our top performing interns, this program is our pipeline for many of our entry level full-time positions.

As an Enterprise Risk Management Intern, you will…

Support and contribute to the Enterprise Risk Management (ERM) Program.

• Identify, analyze, and monitor trends in Key Risk Indicators (KRIs) and other additional risk metric data.
• Participate in Risk and Control Self-Assessment (RCSAs) discussions with business unit leadership.
• Support the completion of RCSA workpapers, including Risk & Control Matrices, Risk Reports, and process maps.
• Input and maintain risk and control data within the Archer GRC software.

Support and contribute to the Model Risk Management (MRM) Program.

• Perform and document testing and validation procedures for a sample of Company models.
• Document and understand new models implemented by the business unit(s).

Support and contribute to the public company required SOX 404 Program.

• Complete internal control evaluations.
• Assist the business unit to analyze root cause of testing exceptions.
• Update and create department training materials, including procedures, job aids, and templates.
• The goal is that you will take what you have learned in your course work, apply it to your projects and then implement those solutions or recommendations. 
• Have both a manager and mentor to help guide your through our program and your day-to-day work. 
• Be given the opportunity to deliver a final presentation of your project/s results and make business recommendations to your department, team members and Company leadership.
• Work onsite in one of our offices for an average of 35-40 hours per week. At Merchants we believe that “Together Everyone Achieves More”, so we will not have a virtual option in Summer 2025.

We also offer weekly HR Development Days to help our interns grow professionally and learn about our industry. Look at what we have to offer…

• Mock interviews and resume review with our talent management team will help prepare you to enter the workforce.
• LinkedIn training will help you build and develop your personal profile and teach you about the value of online professional networking.
• DISC Assessment – coursework on how to use your DISC results to help improve teamwork, communication, and productivity in the workplace.
• “Company Insiders” Training - Listen to current Merchants’ employees tell their success stories and learn about who we are and what each department does to support our success.

What we are looking for…

• Have completed at least your sophomore year of college. Graduates are welcome to apply as well.
• Degree programs in Accounting and Finance are preferred.
• High school diploma or GED from an accredited institution required.
• Exhibit these core disciplines: Teamwork, Communication, Critical Thinking, Integrity, Self-Discipline, and Adaptability. 

Ranked as the top-performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana, operating multiple lines of business, including multifamily housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp conducts its business through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., and Merchants Mortgage, a division of Merchants Bank of Indiana.

Merchants Capital was established in August of 1990 as a mortgage banking firm specializing in multifamily housing and health care facilities finance. With extensive experience in these types of finance, the company is a premier provider and servicer of Multifamily, Affordable, Healthcare, and Student Housing. Our mission is simple: to provide the best origination and service of our loan and investment products with exceptional customer service, accuracy, creativity, speed, and conformance to regulations.