About the role#
This is a 12-week paid internship focused on the Model Risk Management team. You will gain exposure to second-line risk management practices while helping ensure models, AI-enabled solutions, and non-model tools are identified, documented, assessed, and monitored. You will also participate in a coordinated community service project and have opportunities to network with leadership.
What you'll do#
- Support the Model Risk Management team with daily tasks, projects, and governance initiatives.
- Contribute to programs covering model, AI, and tool governance.
- Assist with model inventory updates and model determination documentation.
- Help with AI and Copilot agent governance reviews.
- Support questionnaire tracking and risk assessments.
- Organize validation and review evidence.
- Assist with policy and procedure documentation.
- Prepare for meetings and develop reporting materials for governance forums.
What you'll need#
- Full-time enrollment in a Bachelor or higher degree program at an accredited college or university.
- A GPA of 3.0 or higher.
- Availability to work 40 hours per week from May 17th to August 6th, 2027.
- Authorization to work in the United States.
- Demonstrated interest in the financial services industry.
- Ability and willingness to travel periodically throughout the First Merchants footprint.
Location & details#
- Location: Indianapolis, Indiana.
- Modality: On-site.
- Term: Summer 2027.
About First Merchants Corporation
First Merchants Corporation is a financial services holding company based in Muncie, Indiana. Founded in 1893, it operates First Merchants Bank and First Merchants Private Wealth Advisors. The company provides commercial and personal banking services alongside investment management. It maintains a presence across Indiana, Ohio, Illinois, and Michigan with over 2,000 employees.
How to get in at First Merchants Corporation
Securing an internship at First Merchants Corporation often requires timing your application to reach the team before the applicant pool grows too large. Intern Insider sends an instant alert the moment a role matching your target is published, which helps you apply among the first candidates. Getting your materials in early ensures your profile is reviewed while the team is still actively building their shortlist. You can use Intern Insider to identify the specific recruiters behind these roles, allowing you to reach out directly to ask about the position or request a referral. Connecting with a human contact often improves response rates compared to submitting through a general portal. This approach helps you stand out in a competitive financial services environment.
