Financial Institution Intern (Risk Management)

Federal Deposit Insurance Corporation; Hoover (AL); À distance; USD 53 000 - 69 000; Plein temps

Résumé du poste

Federal Deposit Insurance Corporation invites applications for a one-year Financial Institution Intern (Risk Management). The program places interns in the Division of Risk Management Supervision and may lead to a Financial Institution Specialist, CG-570-7, with potential promotion to CG-13.

Interns participate in insured financial institution examinations, perform analytical reviews, and contribute to the examination report.

Qualifications

• Undergraduate or graduate-level education in Accounting, Banking, Business Administration, Commercial or Banking Law, Economics, Finance, Marketing, or related fields.

Responsabilités

• Reviews and determines the accuracy of the consolidated Reports of Condition and Income.
• Assists in evaluating the adequacy of the insured financial institutions procedures and internal routine and controls.
• Performs audit test checks on income and expense accounts and assists in preparing other information for the analysis of earnings.
• Computes capital ratios, reconciles capital accounts, and reviews capital activity since the previous examination.
• Assists in the review of liquidity including analysis of fluctuations in loans, securities, deposits, and borrowings.
• Prepares drafts of schedules, exhibits, and comments for the completed report of examination.
• Reviews fixed asset accounts and assesses the adequacy of related insurance coverage; reviews depreciation entries for general ledger and tax purposes.
• Assists in reviewing and determining the adequacy of fidelity and other indemnity protections.

Formation

Accounting

Banking

Business Administration

Commercial or Banking Law

Economics

Finance

Marketing

Other major fields directly related to the position

Description du poste

Financial Institution Intern (Risk Management)

• Hiring Agency: Federal Deposit Insurance Corporation
• Department: Other Agencies and Independent Organizations

The Financial Institution Internship (FII) is a one-year paid internship that may lead to a post-graduation employment offer as a Financial Institution Specialist. Financial Institution Interns will be assigned to the Division of Risk Management Supervision (RMS). Internships will begin May 2027. Additional selections may be made from this announcement to fill identical vacancies that arise later.

Key Responsibilities

Interns will be engaged primarily in insured financial institution examinations. Under the direction and supervision of an Examiner or higher graded team member, the incumbent will participate in and/or independently perform the following: Reviews and determines the accuracy of the consolidated Reports of Condition and Income. Assists in evaluating the adequacy of the insured financial institutions procedures and internal routine and controls.

Performs audit test checks on income and expense accounts and assists in the preparation of other information requisite to a thorough analysis of the earnings of the institution. Computes capital ratios, reconciles capital accounts, and reviews capital account activity since the previous examination. Assists in the review of liquidity including the analysis of fluctuations in loans, securities, deposits, and borrowings.

Participates in other phases of an examination as assigned. Prepares drafts of schedules, exhibits, and comments for inclusion in the completed report of examination. Reviews fixed asset accounts and assists in assessing the adequacy of related insurance coverage; reviews depreciation entries both on the general ledger and for income tax purposes. Assists in reviewing and determining the adequacy of fidelity and other indemnity protection.

Program Completion and Conversion Eligibility: Conversion is not automatic nor guaranteed. After successful completion of the program requirements and based on the FDIC's needs, you may be non-competitively converted to the Financial Institution Specialist (Risk Management), CG-570-7 position in the competitive service with promotion potential to the CG-13 grade level. For more information regarding the FII program, visit: Financial Institution Intern Program | FDIC.gov.

Requirements & Education

You must meet the educational requirement to qualify for this internship. Your undergraduate or graduate-level education must be in one of the following major fields of study: Accounting Banking Business Administration Commercial or Banking Law Economics Finance Marketing Other major fields of study directly related to the position Due to the education requirement of this position, an official or unofficial transcript must be submitted at the time of application.

If transcripts are not received, you will be rated as ineligible.

FDIC employees receive the standard Federal benefits and may be eligible for additional FDIC-specific benefits, at minimal cost.

Which agency is hiring for this position?

This position is with Federal Deposit Insurance Corporation, Other Agencies and Independent Organizations.

What is the salary for this position?

The posted pay range is $53241 – $69019/yr.

Is this position remote or telework eligible?

This position is eligible for telework.

What security clearance is required?

This position requires a Other security clearance.

What is the application deadline?

Applications close on 2026-10-30.

Who is eligible to apply?

This position is open under the 'Student' hiring path.