Intern Portfolio Management (WM)

At Midland States Bank base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education skills internal equity and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and/or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare well-being benefits paid family leave as well as generous paid time off. Total Rewards also include banking perks an Employee Stock Purchase Plan 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.

Intern Portfolio Management (WM)

Rockford IL

Rate of Pay: $15 an hour

At Midland States Bank we believe that when we can bring our whole selves to work each day we become happier more comfortable more confident and more excited to do great things for our customers each other and our company. Were proud to be an Equal Opportunity and Affirmative Action employer. At Midland we recruit employ train compensate and promote without regard to race color religion gender gender identity or expression sexual orientation national origin genetics disability age or veteran status. If you are looking for a place to grow we encourage you to apply at Midland States Bank because you belong here.

Position Summary

The Portfolio Management Intern will join the Wealth Management team to gain hands-on experience in investment analysis client service and portfolio construction. This internship offers exposure to real-world financial decision-making and provides the opportunity to contribute to projects that impact client portfolios. Working closely with Portfolio Managers and Analysts the intern will develop technical analytical and professional skills while supporting key initiatives across research client onboarding and investment operations.

Primary Accountabilities

• Assist with investment research on third-party fund providers and asset managers.
• Support client onboarding documentation and portfolio review preparation.
• Contribute to the preparation of investment proposals client reports and market commentary.
• Participate in portfolio monitoring and rebalancing activities gaining exposure to performance evaluation and risk assessment.
• Support the due diligence process for new investment opportunities.
• Collaborate on the creation of client communications including newsletters and market updates.
• Attend internal meetings and may have opportunities to observe client meetings to learn relationship management in practice.
• Perform other duties as assigned.
• Maintain compliance with all applicable regulations including but not limited to the Bank Secrecy Act (BSA).

Position Qualifications

Education/Experience:

• Currently pursuing a degree in Finance Economics Business Administration or a related field.
• Strong analytical quantitative and communication skills.
• Proficient in Microsoft Office Suite (Excel Word PowerPoint).
• Familiarity with financial analysis tools or portfolio management systems preferred.
• High attention to detail and ability to manage multiple projects simultaneously.
• Demonstrated interest in finance investments and wealth management.
• Works well independently and in a collaborative team environment.

Internship Details:

• Internship duration: Must be available mid-May through late July 2026.
• Schedule: Must be available MondayFriday 8:00 a.m.5:00 p.m. (40 hours/week).
• Must reside locally and report to either the Rockford IL or Chicago IL office.

Competencies:

• Business insight
• Cultivates innovation
• Drives results
• Makes sound decisions
• Being a brand champion
• Collaborates
• Communicates effectively
• Customer focus
• Being Authentic
• Emotional Intelligence
• Self-development
• Being flexible and adaptable

If you require reasonable accommodation in completing this application interviewing completing any pre-employment testing or otherwise participating in the employee selection process please direct your inquiries to Midland States Bank Human Resources at.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

At Midland States Bank we believe that when we can bring our whole selves to work each day we become happier more comfortable more confident and more excited to do great things for our customers each other and our company. Were proud to be an Equal Opportunity and Affirmative Action employer. At Midland we recruit employ train compensate and promote without regard to race color religion gender gender identity or expression sexual orientation national origin genetics disability age or veteran status. If you are looking for a place to grow we encourage you to apply at Midland States Bank because you belong here.

If you require reasonable accommodation in completing this application interviewing completing any pre-employment testing or otherwise participating in the employee selection process please direct your inquiries to Midland States Bank Human Resources at.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT