Intern, Audit, South Bend, IN (Summer 2027)

Posted 2 Days Ago
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South Bend, IN, USA
In-Office
Internship
Financial Services
The Role
Audit Interns perform transaction testing, evaluate internal controls, prepare workpapers and discussion notes, and complete assigned reports under an Audit Manager’s supervision. The role involves working with bank personnel, presenting an internship summary to the Chief Auditor, completing compliance training, and following applicable laws and regulations. This is a paid, on-site, 10-to-12-week summer internship with a 40-hour workweek.
Summary Generated by Built In
Position Summary
Intern working as a member of the Audit Team during the Summer 2027.  Intern performs audit procedures using established programs under the supervision of an Audit Manager.  Procedures include testing transactions, analyzing internal controls, preparing detailed workpapers and discussion notes.  Students work directly with the Audit Manager and auditees in the Bank.  Audit Interns are required to prepare/present a summary of their Intern experience to the Chief Auditor.


Essential Requirements
  • Performs clerical duties as requested.
  • Completes assigned reports and/or projects in a timely and efficient manner.
  • Performs follow-up on all administrative details for department efficiency.
  • Regular and predictable attendance is an essential requirement of the position.
  • Responsible for the completion of all compliance training related to the position.
        Audit Responsibilities:
        • Performs audit procedures using established programs under the supervision of an Audit Manager.
        • Tests transactions for accuracy and examines supporting documents.
        • Analyzes internal controls by preparing flowcharts, writing procedural memoranda and completing internal control checklists.
        • Prepares detailed workpapers.
        • Prepares discussion notes, including audit exceptions, to be used in discussions with financial and operating personnel.
        • Completes all compliance training related to the position.
        • Understands all applicable laws and regulations that apply to the position and complies with the requirements.
        Internship Basics
        • 10-to-12-week summer duration desired, flexible start and end dates.
        • 40-hour anticipated work week, Monday through Friday.
        • On-Site in South Bend, IN.
        • Paid opportunity.
        • Program Activities: Orientation Kick-off and networking opportunities with other Interns, Colleagues and Senior Management. 
        Intern Program Activities (anticipated, subject to change)
        • Orientation Kickoff.
        • Networking opportunities to connect you with other Interns, Colleagues and Senior Management.
        Experience/Skills
        • High School Diploma/GED required.
        • Pursuing bachelor’s degree in accounting desired.
        • Pursuing a career in banking.
        • Proficiency in MS Office software (Excel, Word) is essential.
        • Good organizational skills.
        • Analytical and problem-solving skills with attention to detail.
        • Able to prioritize workload and manage multiple competing tasks and demands.
        • Ability to meet deadlines.
        • Good written and verbal communication skills.
        Physical Demands
        The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions. 
        While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.
        Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
        This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

        Skills Required

        • High School Diploma or GED
        • Proficiency in Microsoft Office, including Excel and Word
        • Good organizational skills
        • Analytical and problem-solving skills with attention to detail
        • Ability to prioritize workload and manage competing tasks
        • Ability to meet deadlines
        • Good written and verbal communication skills
        • Pursuing a bachelor's degree in accounting
        • Pursuing a career in banking

        1st Source Bank Compensation & Benefits Highlights

        The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about 1st Source Bank and has not been reviewed or approved by 1st Source Bank.

        • Healthcare Strength — Health insurance, prescription coverage, and full coverage for preventive care and certain screenings are described as available. Dental and vision coverage, telemedicine, maternity support programs, and tobacco cessation offerings add breadth to the health package.
        • Retirement Support — A 401(k) plan is described as available with both Traditional and Roth savings options, alongside HSAs for eligible expenses. Life, accident, and disability protections are also described as part of the broader financial security offering.
        • Wellbeing & Lifestyle Benefits — Wellness programs such as weight-loss support and other wellbeing initiatives are described as available, sometimes at no extra cost to eligible members. Financial wellness workshops and planning resources are also described as offered.

        1st Source Bank Insights

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        The Company
        HQ: South Bend, IN
        1,000 Employees
        Year Founded: 1863

        What We Do

        Founded in 1863 in South Bend, Indiana, 1st Source Bank has offered clients a convenient and friendly way to bank for over 155 years. At 1st Source, we listen to our clients, understand their needs and always keep their best interests in mind. 1st Source Bank remains the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. We operate banking centers across our region, boast 1st Source Bank Specialty Finance Group locations nationwide, as well as several Wealth Advisory Services locations and 1st Source Insurance offices. We deliver a comprehensive range of banking services along with highly personalized attention to our clients, both individuals and businesses. Our mission is to help our clients achieve security, build wealth and realize their dreams. Additionally, for over 155 years, 1st Source Bank has been giving back to our communities to actively help build good places to live, work and raise our families. This service to our community is one of our principal values and has defined who we are and how we do business. Member FDIC | Equal Housing Lender

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