All applicants should attach a cover letter and resume to their online submission for this position.
The Division of Banks is currently accepting applications for the position of IT/Cybersecurity Intern in the Cybersecurity / Information Technology / Fintech examination unit. The filling of this position is subject to appropriation and obtainment of all necessary approvals from the Office of Consumer Affairs and Business Regulation and the Executive Office for Administration and Finance. The Division reserves the right not to fill this position without notice. This position will report directly to the Director of Cybersecurity / Information Technology / Fintech.
The mission of the Division of Banks is to ensure a sound, competitive, and accessible financial services environment throughout the Commonwealth. The Division maintains public confidence in Massachusetts financial institutions through the oversight of state-chartered banks and credit unions and the supervision and licensing of mortgage loan originators, the mortgage lending, brokering, servicing industries, and the money services business, sales finance, and debt collection industries operating in Massachusetts. The majority of the Division’s employees are Examiners who conduct a variety of on-site and off-site examinations of financial institutions and licensed entities under the Division’s jurisdiction. The Division offers competitive employee benefits, including generous leave policies, flexible work schedules, and tuition remission at state colleges and universities. We also offer a progressive training program and career advancement opportunities within the agency.
The Division of Banks is committed to ensuring a diverse and inclusive workplace where all employees feel respected, valued, and empowered to maximize their skills and talents to serve our citizens.
The Division of Banks is committed to creating and sustaining a work culture that is welcoming, inclusive, and mutually respectful to all its employees regardless of race, color, age, creed, religion, national origin, ethnicity, sex, gender identity or expression, sexual orientation, genetic information, veteran or disability status. We strive to reflect diversity in all facets and levels of our agency. The Cybersecurity / Information Technology / Fintech examination unit values inclusiveness and diversity within their examination and management teams. Within our community we strive to create and maintain working and learning environments that are inclusive, equitable, and welcoming.
The Division is seeking an intern/co-op student to assist with projects and research assignments regarding the use of FinTech and cryptocurrency usage in the Commonwealth. Projects may include trend and institution research, process improvements, assisting with the webinar series, generating reports, and other projects relating to the unit’s examinations. The opportunity may be tailored based on the student’s interests and available or ongoing projects at the time of the opportunity.
This is a paid and currently remote opportunity. The position is an internship for both the Spring semester and summer. The preference is part time availability at a minimum of 20 hours per week during the semester with up to a full-time schedule during the Summer at 37.5 hours per week.
Primary Duties Include:
- Conduct research regarding FinTech and cryptocurrency activity in the Commonwealth.
- Work directly with the IT, Cyber & FinTech Unit to ensure the development best practice policies and standards based on various IT governance and cybersecurity frameworks.
- Review IT assessments, e.g., IT audits, risk assessments, vulnerability scans, and penetration testing.
- Work in policy administration compliance and risk management reviews and projects.
- Provide support from an information security and technology risk perspective.
- Assist with IT, Cybersecurity, and FinTech risk assessment process.
- Assist with monitoring of IT and cybersecurity industry and examination findings and trends.
- Assist unit management with various projects as necessary.
- Coursework in information technology, business, finance, economics, law, or related fields
- Completion of one and a half years of college
- Basic understanding of IT and cybersecurity principles and systems
- Knowledge of, or interest in, key trends in cybersecurity, FinTech, and cryptocurrency
- Ability to work 15-25 hours a week (Flexible schedule with hybrid/work from home options)
- Strong written and oral communication skills, analytical reasoning strengths, and computer skills
- Ability to work independently and in a team setting
- Proficient with Microsoft Word and Excel
- Strong communication in analytical skills