2027 Intern - Strategic Risk Management

Federal Reserve Banks

Dallas (TX)

On-site

USD 25,000 - 39,000

Full time

14 days+

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Benefits offered by this job

Professional development
Networking opportunities
Downtown parking
Fitness center access
On-site cafe

Job summary

The Federal Reserve Bank of Dallas is offering a paid summer internship in the Strategic Risk Management team, located in Dallas. This internship provides hands-on exposure to Internal Controls and Enterprise Risk Management, with mentors and cohort programming.

You will gain knowledge of team processes, perform controls testing, research topics for RMC meetings, and help prepare materials. The program runs 10-12 weeks from mid-May to August, with full-time hours Monday–Friday.

Qualifications

  • Junior or Senior student majoring in Accounting, Finance, Risk, Business or related field.
  • Proficient in Microsoft Excel, Word, PowerPoint, Outlook, SharePoint.
  • Excellent analytical and communication skills, both verbal and written.
  • Equivalent education and/or experience may be substituted for any of the above requirements.

Responsibilities

  • Gains knowledge of SRM teams and their processes.

Skills

Analytical thinking
Communication skills
Team collaboration

Education

College student (Junior/Senior) in Accounting/Finance/Risk/Business

Tools

Microsoft Excel
Microsoft Word
PowerPoint
Outlook
SharePoint

Job description

Federal Reserve Bank of Dallas

We are dedicated to serving the public by promoting a strong financial system and a healthy economy for all. These efforts take a team of dedicated individuals doing many different jobs. Together we’re creating a workplace where talented people can thrive, and we welcome your unique background and perspective to help present the best possible solutions for our partners.

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:

The Strategic Risk Management (SRM) team consists of two main functions – Internal Controls and Enterprise Risk Management (ERM). Internal Controls performs quarterly testing on controls that have a direct impact to our financial statements to ensure they are free from any material misstatement. Enterprise Risk Management aids in effectively managing risks to our mission critical operations which includes collaborating with business areas to identify, assess, monitor, and report on organizational risk as well as serve in an advisory capacity to senior leaders and the Bank’s Risk Management Committee (RMC).

WHAT YOU’LL DO:
  • Gain knowledge and basic understanding of above-mentioned teams and their general processes
  • Support the Internal Controls team by performing controls testing of various business areas
  • Support the ERM team by researching topics in preparation of RMC or other advisory group meetings
  • Support teams in creating or updating materials and documentation and recommending improvements as requested
WHAT YOU BRING:
  • Junior or Senior student majoring in Accounting, Finance, Risk, Business or related field
  • Proficient in Microsoft Excel, Word, PowerPoint, Outlook, SharePoint
  • Excellent analytical and communication skills, both verbal and written
  • 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 café 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 Friday, October 23rd.

We are proud to be an equal opportunity employer

Full Time / Part Time: Full time

Regular / Temporary: Temporary

Job Exempt (Yes / No): No

Job Category: Internship Family Group

Work Shift: First (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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