Audit

What Makes You a Great Fit

You are an undergraduate college-level student who is interested in gaining financial and operational experience in a Community Bank environment. You are willing to work onsite to learn from field experts and gain valuable exposure to bank operations and financial processes.

What we Offer

This is a paid internship. You will gain first-hand knowledge within your area of interest, which may include:

• Exposure to high-net-worth clients and prospects
• Development of communication and presentation skills within a professional work environment
• A thorough understanding of bank policies and external regulatory requirements.
• Participation in education events, networking and presentations.

Compensation

Base pay: $20.00/hour

Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent's knowledge, skills and experience.

Benefits

Interns working a fifteen-week assignment (or less) will accrue two days of PTO and will receive holiday pay.

Minimum Qualifications

• Must have a high school diploma or equivalent and be in pursuit of an undergraduate college degree, as follows:




• Currently enrolled in college; or
• Enrolled in college for Fall 2026; or
• College graduate between May 2025 - June 2026




• Must have reliable transportation and be able to work onsite. Onsite locations depend on the department. Common onsite locations include Downers Grove, Oakbrook, Aurora and Chicago-Wacker.
• Must be available to work 20-40 hours per week and be available to start late May/early June through the end of July/early August.
• Internship durations vary between 8 - 12 weeks.

Competencies

• Proficient in using Window 2010 Office software with intermediate skills in Word, Excel and PowerPoint.
• High degree of accuracy and attention to detail.
• Ability to work in a fast-paced environment; prioritizing work and multi-tasking.
• Desire to work in a professional environment.

Audit Internship

An Audit Intern at the bank supports the Internal Audit team in evaluating the effectiveness of financial, operational, and compliance controls across various business units. The role typically involves assisting with risk assessments, performing walkthroughs, reviewing documentation, and testing internal controls to ensure adherence to regulatory requirements and internal policies. The role includes performing transaction and control testing under the guidance of senior auditors, evaluating control design and effectiveness, and identifying risks or control gaps. Interns are responsible for accurately documenting procedures, evidence, and findings in audit workpapers and drafting clear preliminary observations for review. They also help ensure adherence to company policies and escalate issues appropriately, gaining hands-on exposure to risk management, internal controls, and regulatory compliance within the banking environment. This experience provides exposure to financial services operations, risk management practices, and regulatory frameworks that guide the banking industry.

The Audit Intern will:

• Assist in performing a variety of financial, operational, Internal Control over Financial Reporting and other projects according to the internal audit plan.
• Conduct testing of transactions and internal controls under the supervision of the senior auditor or manager
• Evaluate the design and effectiveness of internal controls and identify risks, control gaps, deficiencies, or opportunities for improvement
• Validate adherence to company policies, procedures, or other relevant requirements
• Document audit procedures, findings, and evidence in workpapers accurately and completely
• Draft clear and concise audit findings and help communicate preliminary observations to audit seniors or manager
• Escalate issues to senior auditors or manager when appropriate