What are the responsibilities and job description for the 2027 Intern - Audit position at Federal Reserve Bank of Richmond?
Location: #LI-Onsite. If you need assistance or a reasonable accommodation, please notify your Talent Acquisition Consultant.
ABOUT THE DALLAS FED:
At the Dallas Fed we serve the public by partnering with communities and businesses, promoting jobs and stable prices, and keeping your money safe and available. We welcome different perspectives, ideas, and experiences. As part of the nation's central bank, we are committed to improving the economy and our communities. Are you ready to make a difference?
Learn more about the Dallas Fed:www.dallasfed.org/fed.
ABOUT THE INTERNSHIP PROGRAM:
The Federal Reserve Bank of Dallas Internship Program is a prestigious, cohort-based experience that attracts top talent from across the country for paid, full-time summer internships spanning majors and functional areas - from economic research and finance to Cash Services, IT, and beyond. While interns take on a specific functional role for the summer with meaningful work and opportunities to grow, the program offers much more than a single assignment. Dedicated staff mentors help launch your career, and curated cohort programming provides broad exposure to central banking, direct access to senior leaders and industry experts, and dedicated learning and development opportunities. As part of the Federal Reserve System, you'll also build a professional network of peers that spans the nation. The program runs approximately for 10-12 weeks, beginning in mid-to-late May and concluding in August. For this specific position, you will be located in the Dallas office.
Learn more about our internship program:www.dallasfed.org/internships.
ABOUT YOUR TEAM:
Internal Audit's purpose is to provide quality internal audit services that add value and improve the Bank's operations. Audit services include providing an independent and objective assessment of the adequacy, effectiveness and efficiency of control systems and operations; consulting on improvement of control structures and operations; and assisting the Bank in accomplishing its objectives through a systematic and disciplined approach to the evaluation and improvement of the effectiveness of the organization's business risk management, control and governance processes.
WHAT YOU'LL DO:
- Assist with internal control, financial, compliance and/or operational audits and/or audits of automation functions in the District in accordance with the Institute of Internal Auditors International Standards for the Professional Practice of Internal Auditing and departmental procedures
- Participate in walkthroughs and interviews with process owners and stakeholders
- Help identify risks, control gaps, and process improvement opportunities
- Support the preparation of audit reports and presentations summarizing findings
- Conduct data extraction and analysis utilizing software tools
- Assist with special audits or projects as assigned by Audit management and performs other audit related activities
WHAT YOU BRING:
- Pursuing a Bachelor's degree in Accounting, Finance, Information Systems Sciences or a related discipline
- Excellent interpersonal skills and the ability to work effectively as part of a team
- Outstanding organizational and time management skills
- Equivalent education and/or experience may be substituted for any of the above requirements
OUR BENEFITS:
- Professional development opportunities
- Broader networking opportunities across District
- Downtown location with free parking
- 24/7 on-site fitness center (Dallas & Houston Offices)
- On-site cafe and coffee shop
WORK HOURS:
Monday - Friday, 8:00 a.m. - 5:00 p.m. (40 hours/ week). Some additional hours may be required.
NOTES:
Participation in our internship program is a valuable learning opportunity and does not guarantee future employment.
Applicants must be eligible to work in the U.S and the role is not available for sponsorship.
If you need special accommodation during your interview process, please notify your Talent Acquisition Consultant.
Please submit applications by Monday, October 19.
We are proud to be an equal opportunity employer
Full Time / Part TimeFull timeRegular / TemporaryTemporaryJob Exempt (Yes / No)NoJob CategoryInternship Family GroupWork ShiftFirst (United States of America)The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
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