About the role#
Five Star Bank offers a summer program for students interested in governance, risk management, and compliance. You will work alongside professionals on projects related to BSA/AML, fraud, internal audit, and enterprise risk. This role provides exposure to risk frameworks and banking operations within a community bank setting.
What you'll do#
- Compliance: Assist with regulatory testing and monitoring. You will evaluate controls, document findings, and support risk assessments.
- Enterprise Risk: Help identify and monitor financial, operational, and regulatory risks through data analysis and third-party reviews.
- BSA/AML: Monitor financial transactions for suspicious activity and assist with the preparation of Suspicious Activity Reports.
- Fraud: Detect and investigate suspicious transactions while supporting fraud prevention strategies.
- Internal Audit: Evaluate internal controls and operational processes by participating in audit testing.
What you'll need#
- Current enrollment in a degree program for Business, Finance, Accounting, Law, or Cybersecurity. Junior-level standing or higher is preferred.
- Participation in at least one club, volunteer effort, or extracurricular activity for a minimum of one year.
- Strong analytical, problem-solving, and communication skills.
- A collaborative mindset, attention to detail, and a desire to learn.
- Ability to demonstrate the standards and principles of the Five Star Bank experience, including teamwork and leading by example.
Location & details#
- Term: Summer 2027.
- Schedule: 40 hours per week starting in June.
- Modality: Hybrid work model.
- Locations: Rochester and Buffalo, New York.
- Travel: Occasional travel within the corporate footprint is required.
- Compensation: Paid position at $18 per hour.
About Five Star Bank
Five Star Bank is a public financial institution founded in 1817. It provides commercial and consumer banking, lending, and investment services to individuals and businesses. The company operates across Western and Central New York and maintains a commercial loan production office in the Mid-Atlantic region. It employs approximately 760 people and functions as a subsidiary of Financial Institutions, Inc.
How to get in at Five Star Bank
Applying early is a significant advantage at Five Star Bank, as recruiters often review candidates before the applicant pool grows too large. Intern Insider sends an instant alert the moment a role matching your target is published, helping you submit your materials among the first. This timing ensures your resume is seen while the hiring team is still actively building their shortlist. You can also improve your response rates by reaching out to the recruiters behind these roles directly. Intern Insider surfaces the specific contacts responsible for Five Star Bank hiring, allowing you to ask relevant questions about the internship or request a referral. Connecting with a human being often provides more clarity than a standard application portal.
