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Risk Management Intern

Risk Management Intern – Summer 2025

IEX (IEX Group, Inc.) is an exchange operator and technology company dedicated to innovating for performance in capital markets. Founded in 2012, IEX launched a new kind of securities exchange in 2016 that combines a transparent business model and unique architecture designed to protect investors. Today, IEX applies its proprietary technology and experience to drive performance across asset classes, serve all investors, and advocate for transparent and competitive markets.

As a Risk Management Intern with the Enterprise Risk and Vendor Management teams, you will work with individuals across the organization to help advance IEX's Risk Management Programs. This is a cross-functional opportunity where you will be able to leverage your interpersonal skills through meeting engagements with various individuals, departments, and groups across the organization as well as program and data analytics skills to help IEX set new standards and raise the bar for performance, fairness, and transparency.

About you:

  • Self-starter
  • Excellent analytical and problem-solving skills
  • Organized and detail-oriented
  • Collaborative team player
  • Exceptional written and verbal communication skills

What you’ll do:

  • Serve as a day-to-day back-up and support for both Vendor Management and ERM
  • Work with VM to build a repository of contracts for our regulated businesses
  • Work with VM to enhance the information in Gatekeeper (i.e., Diversity & Inclusion metrics, vendor URLS, Finance IDs, emergency contacts, etc.)
  • Continue the integration of the Exchange Risk program into Zen GRC and assist with building the Risk and Control assessment within the tool (audit/assessment readiness)
  • Assist with the Standard Information Gathering (SIG) update and control mapping project
  • Continue to review current IEX policy and procedure documents to identify controls performed by business functions to build a comprehensive Control Inventory

Your background:

  • Undergraduate working towards a degree in Business Management, Risk Management, Finance or Economics
  • Strong Microsoft Office skills, especially Excel and PowerPoint
  • Experience managing multiple projects simultaneously
  • Ability to work closely with senior executives

Our job titles may span more than one career level. The starting base pay is $30.00/hour for this NY-based position. The actual base pay is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.

Here at IEX, we are dedicated to an inclusive workplace and culture. We are an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, genetic information or any other characteristic protected by applicable federal, state or local laws. This policy not only complies with all applicable laws and protects workers' rights but is vital to IEX’s overall mission and values.

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Average salary estimate

$62400 / YEARLY (est.)
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$62400K

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What You Should Know About Risk Management Intern, IEX Group

Are you ready to dive into the exciting world of finance and risk management this summer? As a Risk Management Intern at IEX (IEX Group, Inc.), located in the bustling city of New York, NY, you will have the unique opportunity to work alongside experienced professionals dedicated to changing the landscape of capital markets. IEX, known for its innovative approach and commitment to transparency, is seeking self-starters like you to join their Enterprise Risk and Vendor Management teams. This internship is more than just a resume builder; it’s a chance to hone your analytical and problem-solving skills while collaborating with various departments and individuals across the organization. Your day-to-day activities will include supporting the Vendor Management team by building a repository of contracts and enhancing vital information in Gatekeeper. You’ll also be instrumental in integrating the Exchange Risk program into Zen GRC, where your contributions will significantly impact the company’s risk management strategies. If you are detail-oriented, organized, and possess excellent written and verbal communication skills, this position could be the perfect fit for you. Whether you’re passionate about Business Management, Risk Management, Finance, or Economics, you’ll gain invaluable experience in a supportive and inclusive environment where innovation thrives. With competitive pay at $30.00/hour and a commitment to diversity in the workplace, IEX is excited to help you kickstart your career in risk management while advocating for fair and competitive markets!

Frequently Asked Questions (FAQs) for Risk Management Intern Role at IEX Group
What are the main responsibilities of the Risk Management Intern at IEX?

As a Risk Management Intern at IEX, your main responsibilities will include supporting both the Vendor Management and Enterprise Risk Management teams. You will assist in building a repository of contracts, enhancing information management systems, and integrating risk frameworks into Zen GRC. This role offers an excellent opportunity to engage with various departments, enhancing your understanding of risk management.

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What qualifications do I need to apply for the Risk Management Intern position at IEX?

To apply for the Risk Management Intern position at IEX, you should be an undergraduate pursuing a degree in Business Management, Risk Management, Finance, or Economics. Strong analytical skills, proficiency in Microsoft Office (especially Excel and PowerPoint), and the ability to juggle multiple projects are essential.

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How does the Risk Management Intern at IEX contribute to the organization?

The Risk Management Intern at IEX contributes by enhancing the company's risk management framework. Your role will include building control inventories, updating policies, and assisting in data analytics projects that set benchmarks for performance and transparency in the capital markets.

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What skills are beneficial for a Risk Management Intern at IEX?

Beneficial skills for a Risk Management Intern at IEX include strong analytical and problem-solving abilities, excellent communication skills, and proficiency in project management. Being detail-oriented and a collaborative team player will also be crucial to your success in this dynamic role.

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What can I expect to learn as a Risk Management Intern at IEX?

As a Risk Management Intern at IEX, you can expect to gain insights into risk assessment processes, vendor management strategies, and how an innovative exchange operates. This internship promises practical experience that will prepare you for a successful career in risk management and finance.

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Common Interview Questions for Risk Management Intern
What attracted you to the Risk Management Intern position at IEX?

In answering this question, focus on IEX's innovative approach to capital markets and your desire to contribute to transparent financial practices. Highlight how your academic background aligns with IEX's mission.

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Can you describe a time you solved a challenging problem?

Provide a specific example that demonstrates your analytical skills and problem-solving abilities. Structure your answer around the situation, the task you faced, the action you took, and the results you achieved.

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What experience do you have with data analysis tools?

Discuss any coursework or practical experience you have with data analysis tools or software, especially Microsoft Excel. Emphasize any projects where you applied these skills to draw meaningful insights.

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How do you prioritize multiple tasks during a project?

Mention specific strategies you use to prioritize tasks, such as creating to-do lists, setting deadlines, and adapting based on project needs. Illustrate your answer with an example from previous experiences.

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What is your understanding of risk management?

Explain your understanding of risk management principles, such as identifying, assessing, and prioritizing risks. Relate this knowledge to the responsibilities of the internship and IEX’s goals.

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How do you approach working in cross-functional teams?

Share your experience working in teams, emphasizing your interpersonal skills, flexibility, and willingness to collaborate with diverse groups to achieve common goals.

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Can you tell us about a time you had to communicate complex information?

Provide an example where you communicated complex data or concepts clearly, focusing on your method and the positive outcome. This shows your communication skills and ability to simplify information.

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Why do you think transparency is important in financial markets?

Discuss the role of transparency in building trust among investors and its importance in a healthy market ecosystem. Relate this back to IEX’s values and your own commitment to ethical practices.

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What do you hope to achieve from this internship?

Express your eagerness to learn and contribute while gaining hands-on experience in risk management. Mention specific skills or knowledge areas you wish to improve during your time at IEX.

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How do you handle feedback and constructive criticism?

Answer by discussing your openness to feedback, how you utilize it for personal and professional growth, and how you've effectively implemented changes based on constructive criticism in the past.

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IEX is on a mission to level the playing field, eliminating unfair advantages from the markets. IEX is an exchange that believes markets should reward smarter—not faster.

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BENEFITS & PERKS
Dental Insurance
Vision Insurance
Disability Insurance
Flexible Spending Account (FSA)
Performance Bonus
Paid Holidays
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Internship, on-site
DATE POSTED
January 11, 2025

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