Risk Intern

Farm Credit Illinois

Mahomet, ILOn-siteFull time, Internship
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Pay
$20
an hour
Location
Mahomet, IL
Work style
On-site
Job type
Full time, Internship
Posted
Oct 13
6 days ago
Career path

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About the company

Farm Credit Illinois

Financial services · 201 to 500 employees

Farm Credit Illinois is an agricultural financial cooperative owned by more than 17,400 farmers, rural landowners, and agribusiness voting stockholder members in the southern 60 counties of Illinois. Dedicated to Helping Farm Families Succeed, FCI provides competitive and flexible financing, crop insurance expertise, and Rural 1st® country life lending. FCI manages an $8 billion loan portfolio, sells 1.5 million acres of crop insurance coverage, and employs 300 staff in the Mahomet headquarters and 14 regional offices.

Farm Credit Illinois on LinkedIn

What you'll do

  • Support third-party risk management and internal controls programs by managing documents, workflows, control evidence, and testing steps.
  • Create fraud prevention education content and follow established procedures and templates.

What you need

  • Must be enrolled as a college sophomore, junior, senior, or graduate student during Fall 2026 and Spring 2027, and intend to be enrolled in Fall 2027.
  • Summer housing in or around Champaign County is required; agricultural business, agricultural economics, or business majors are preferred.

Key skills

risk managementinternal controlsvendor oversightprofessional communicationdocumentationfraud prevention education

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Perks

  • living stipend
  • reimbursement for business travel
  • paid leave
  • mentor program
  • team-building activities

See full description on company page, apply now

Read the full posting here
Farm Credit Illinois is seeking a motivated college student to join our Enterprise Risk Management team as a Risk Intern in Summer 2027. This paid internship provides hands-on experience supporting operational risk management programs, completing clearly defined work through detailed step-by-step instructions, collaborating with employees and vendor contacts, and building practical skills that strengthen a resume and prepare the intern for future professional opportunities. Farm Credit Illinois is an agricultural financial cooperative owned by more than 17,400 farmers, rural landowners, and agribusiness voting stockholder members in the southern 60 counties of Illinois. Dedicated to Helping Farm Families Succeed, FCI provides competitive and flexible financing, crop insurance expertise, and Rural 1st® country life lending. FCI manages an $8 billion loan portfolio, sells 1.5 million acres of crop insurance coverage, and employs 300 staff in the Mahomet headquarters and 14 regional offices. What You Will Do: Support the Third-Party Risk Management Program by uploading documents, initiating vendor risk assessment workflows, and sending template communications to vendor owners and vendor contacts. Assist with the Internal Controls over Financial Reporting (ICFR) Program by gathering control evidence and documentation and updating testing steps. Create clear, engaging fraud prevention education content for social media, newsletters, and other deliverables. Follow detailed procedures and established templates to complete work accurately, consistently, and on schedule. Gain experience with risk management, internal controls, vendor oversight, professional communication, documentation, and fraud prevention education. Participate in a mentor program and team-building activities while learning about agriculture in central and southern Illinois. Receive a competitive hourly wage of $20.00 per hour, living stipend, reimbursement for business travel, and paid leave in accordance with the Paid Leave for All Workers Act. Work full-time (M–F, 8:00 a.m. – 4:30 p.m. May 17, 2027 – August 5, 2027) from our Mahomet headquarters with occasional travel across the southern 60 counties of Illinois. Summer housing in or around Champaign County is required. Eligibility: Must be enrolled as a college sophomore, junior, senior, or graduate student during the Fall 2026 and Spring 2027 semesters with the intent to be enrolled as students in Fall 2027 as well. Preferred majors include agricultural business, agriculture economics, or business. Apply by October 16, 2026 with your resume and cover letter. Reach out to Paul Pyrz, Professional Development Trainer and Consultant, with any questions at paul.pyrz@farmcreditil.com.

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