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Product Development Intern (Summer 2025) The Bancorp

Sioux Falls Development Foundation
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***After the initial training period, this is a hybrid role, working onsite in our Sioux Falls, SD office.***

 

The Bancorp’s Internship program is designed to provide students with a meaningful and challenging hands-on learning experience as well as an inside look into a career in the financial services industry. Interns are immersed into our culture and will work on actual projects within their business line or control function that will expand their knowledge and complement their education with real-world job experience.

 

For over 20 years, The Bancorp has been providing nonbank companies with the people, processes, and banking technology to meet their individual needs. The Bancorp’s Fintech Solutions division works with several major names in the payments industry. This internship will support the Fintech Solutions Product Management team by preparing new partners and products for market launch. By participating in the testing process, this position will have an opportunity to learn how fintech programs are operationally supported by the Bank. During projects, this individual will interface with several key areas of the bank including Program Operations, Product Management, Financial Operations, Compliance etc. Applicants can expect to gain invaluable experience and learn the nuances of the growing Fintech industry and the unique risks that are present within the companies that The Bancorp partners with. With an industry-leading new facility, collaborative environment and exciting projects, The Bancorp Fintech Solutions division has a great experience to offer.

Responsibilities

Essential Functions

  1. Works closely with the project and product teams as fintech partners prepare for product launch.
  2. Assists in the testing process to ensure products and programs perform according to the documented requirements.
  3. Identifies, logs, and communicates potential issues to stakeholders.
  4. Reports defects and recommends solutions/improvements while participating in the remedial effort.
  5. Ability to simultaneously prioritize and manage multiple projects and deadlines.
  6. Performs other duties as assigned.

Qualifications

Preferred Requirements

  • Excellent verbal, written, and interpersonal communication skills with the ability to effectively and clearly communicate and present ideas to senior leadership.
  • A team player, able to work effectively in a team fostered, multi-tasking environment. Ability to prioritize and organize work.
  • Strong analytical and problem-solving skills.
  • Strong working knowledge of Excel. Proficient in Microsoft Office suite (Excel, Word, Outlook).

Program Eligibility

  • Eligible to work for any employer in the United States for the full duration of the internship. The Bancorp will not assist in applying for visas or altering the visa status of applications.
  • Enrolled full-time in an undergraduate college degree program at the rising junior level, junior or senior level standing, enrolled in a master’s program or recently graduated within the past six months.
  • Students must have a cumulative GPA of 3.0, this will be confirmed by the recruiter.
  • Pursuing a bachelor’s or master’s degree directly related to the department for which the internship program is listed.
  • Must be available for full-time internship.
  • May not be related to any employee of The Bancorp.

Background & EEO Statement

This job will be open and accepting applications for a minimum of five days from the date it was posted.

 

Working at The Bancorp Bank, N.A. and Benefits Information: click here

Diversity & Background Screening

Diversity & Inclusion at The Bancorp Bank: click here

 

The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.

 

Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.

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In 2021, Sioux Falls was named the best city in the country for young professionals by SmartAsset. We ranked number 1 out of 150 of the largest cities based on affordability, workforce demographics, and entertainment options. Since 2017, when the study first came out, we have been ranked in the top five with four of those years ranked number one.

The Sioux Falls Development Foundation has many programs for talent and workforce that include INTERN Sioux Falls, Talent Thursdays, Talent Tours, etc. that can help further your career. There are many housing resources for interns as well as the Young Professional Network that provides community engagement opportunities.

Reach out to Riley Johnson, Talent Recruitment Coordinator, at rileyj@siouxfalls.com to learn more about internship opportunities and living and working in Sioux Falls.