Location: Federal Reserve Board
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Minimum Education
Enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship.
Minimum Experience
0
Summary
The Federal Reserve Board (Board) provides students opportunities for career success. The Board’s Internship program is designed to provide valuable work experience for undergraduate and graduate students considering careers including, but not limited to, economics, finance and accounting, information systems, and data analysis. The Board believes that by combining academic endeavors with project-related work experience, qualified and capable college students can gain the practical knowledge need in a competitive global job market.
Internships are paid positions with salaries commensurate with credit hours; internships may be in-person, remote or hybrid, depending on the needs of the team. Employment in the Board’s internship program is granted to U.S. citizens. Applicants must be currently enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship. Interns receive a syllabus or research project plan outlining their projects and goals for the internship.
Interns are assigned a supervisor or mentor to guide them through their internship, and regular check-in meetings with their manager to manage performance expectations and assist with learning goals. Interns have access to a wide range of training programs and events for professional development purposes.
Principal Duties and Responsibilities
The Board of Governors of the Federal Reserve System’s (Board’s) Office of Inspector General (OIG) conducts information technology (IT) audits and evaluations of the Board and the Consumer Financial Protection Bureau (CFPB’s) programs and operations to assess the effectiveness of Board and CFPB information security programs. The IT Audit Intern will assist in conducting IT-related audits and evaluations of the Board and CFPB programs and operations.
Assists as a team member on IT audits, evaluations, inspections, or other reviews.
May support the team in conducting its planning activities for the applicable review to establish the appropriate objectives, scope and methodology, which is a key preliminary step in our reviews.
Interfaces with other Board division representatives, Reserve Bank officials, or CFPB officials while executing roles and responsibilities.
Assists in data gathering and analysis.
Assists in preparing workpapers in support of the team's reports. Also will assist the team in developing the findings and message for the applicable review.
Participates in presentations to OIG senior management, providing the opportunity to evaluate appropriateness of findings and message(s) resulting from the review.
Remarks
This is a part-time internship starting January 2027.
Upperclassmen (juniors/seniors) desired.
Find out more about the OIG
About Us – https://oig.federalreserve.gov/aboutus.htm
- Reports – https://oig.federalreserve.gov/reports.htm
- Careers – https://oig.federalreserve.gov/careers.htm
- Suggested Major(s)/Minor(s): Information technology, computer science, management information systems, accounting, or related fields, either graduate or undergraduate
Required Skills and Knowledge
Strong oral and written communication skills, data analysis skills, as well as intellectual curiosity and professional skepticism.
Strong and highly adaptable problem solving and time management skills.
Preferred Skills and Knowledge
Microsoft Office Suite or similar, especially Microsoft Excel
Required Documents for Application
- résumé
- two letters of recommendation
- unofficial transcript
- Expected Start and End Dates: January – May 2027
- Expected Hours: Maximum of 25 hours/week during school semester
- Location: The internship location is in Washington, DC, primarily onsite.
- US Citizenship is required. All applicants must be current students, graduating from their program May 2027 or later. Proof of enrollment will be required.
- Keywords: #ITAudits, #OIG, #CIGIE, #InformationTechnology, #ComputerScience, #DataAnalytics, #FISMA, #RMF, #InformationSystems, #Evaluation
- Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm
Job Type
Intern (Fixed Term)
Job Exempt
Relocation Provided
No
Compensation Grade(s)
FH Pay Grade 20 - FH Pay Grade 22
Pay
$26.86-$33.65
Rehabilitation Act
The Board complies with the Rehabilitation Act of 1973, as amended, and provides job applicants with disabilities reasonable accommodations to assist them in applying for jobs at the Board. If you have a disability and would like to request an accommodation in order to apply for a job at the Board, please call 202-452-3880 or e-mail [email protected].
Equal Opportunity Employer
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services.
Privacy
You may review the Federal Reserve Board's Privacy Act Notice at https://www.federalreserve.gov/careers/files/fr1273.pdf.
Paperwork Reduction Act
OMB No. 7100-0181
Approval Expires October 31, 2029
Public reporting burden for this collection of information is estimated to average 0.26-0.71 hours per response, including the time to gather and maintain data in the required form and to review instructions and complete the information collection. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden to: Secretary, Board of Governors of the Federal Reserve System, Washington, DC 20551; and to the Office of Management and Budget, Paperwork Reduction Project (7100–0181), Washington, DC 20503.
The Federal Reserve may not conduct or sponsor, and an organization (or a person) is not required to respond to a collection of information unless it displays a currently valid OMB control number.
Job description provided by Board of Governors of the Federal Reserve System.
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