Skip to main content
U.S. flag
Back to results
 

Financial Institution Intern (Risk Management)

Federal Deposit Insurance Corporation
Division of Risk Management Supervision (RMS)

Summary

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.

Overview

Help
Accepting applications
Location
Many vacancies in the following locations:
Work site options
Telework eligible
Yes—as determined by the agency policy.
Remote job
No
Relocation expenses reimbursed
No
Salary
$53,241 - $69,019 per year
Pay scale & grade
CG 4
Promotion potential
4
Learn more about pay scale and grade
Pay scale and grade determines the salary of the job.
Work schedule
Full-time
Travel Required
75% or less - Extensive travel may be required as bank examinations are conducted on-site at banks, sometimes at great distance from the FDIC office.
Appointment type
Internships
Occupations and job series
Supervisory status
No
Federal service type
This job is in the Excepted Service
Represented by a union
No
Drug test
No
Security clearance
Other
Position sensitivity and risk
Non-sensitive (NS)/Low Risk
Jobs require a background check and some require a security clearance. The type depends on the job.
Background check type
Financial disclosure required
Yes
Some jobs require financial disclosure to identify conflicts of interests.
Announcement number
26-RMS-DE-CG-13083662
Control number
889329400

This job is open to

Help

Students

Current students enrolled in an accredited high school, college or graduate institution.

Clarification from the agency

Students enrolled or accepted for enrollment in a degree-seeking program from an accredited educational institution on a full or half-time basis; will have completed at least the sophomore year in college by the closing date of this announcement; have a cumulative grade point average of at least 3.0; are majoring in a certain specified field, (see Qualifications Required); and are in good academic standing.

Duties

Help

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

Help

Conditions of employment

  • U.S. Citizenship is required.
  • Completion of Confidential Financial Disclosure may be required.
  • Males born after 12/31/1959, must be registered for Selective Service.
  • National Agency Check Investigation (NACI) required
  • Completion of FDIC Pathways Internship Program Participant Agreement
  • Completion of Financial Institution Examiner Agreement.
  • Meet and maintain a cumulative GPA of 3.0 or higher on a scale of 4.0.
  • Must maintain student eligibility for the duration of internship.

Qualifications

To be eligible, applicants must meet the following requirements by the closing date of this announcement:

  • Have completed two full academic years in an accredited college/university degree program.
  • Be seeking a degree at an accredited college/university with a MAJOR in accounting, banking, business administration, commercial or banking law, economics, finance, marketing, or other fields related to the position (Major should be documented in the transcript or proof of enrollment).
  • Have an overall GPA of 3.0 or higher on a 4.0 scale
    • Note: OPM guidance rounds GPAs to one decimal place (e.g., 2.95 = 3.0; 2.94 = 2.9).

Resume Content Required for Qualification Determinations
For each position on your resume, include:
  • Employer name;
  • Title;
  • Series and grade (federal jobs only);
  • Start and end dates (month/year);
  • Hours per week;
  • Relevant experience supporting your specialized experience responses.
  • Education information
    • Name of school/institution
    • Degree type
    • Grade point average (GPA)
Important: If your resume is missing these details, your application may be marked incomplete, and you might not be considered for this job.

Do not copy/paste duties or from this announcement into your resume; that will not be considered a demonstration of your qualifications.

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.

Additional information

Refer to these links for more information: Job Applicant Rights and Responsibilities; Selective Service System; Employment Conditions.

The pay range includes base pay plus locality. Locality rates vary by duty location from 17.06% to 51.75%. Pay varies by grade level and duty location. See FDIC Benefits & Compensation for locality details.

Interns are reimbursed for travel expenses but are responsible for their own transportation to bank examinations sites where public transportation may not be available.

Financial Institution Examiners must maintain the highest personal ethical standards as provided in Part 336 of the FDIC's Rules and Regulations, (Employee Responsibilities and Conduct). Financial Institution Examiners must comply with Section 3201.102 of Supplemental Standards of Ethical Conduct for FDIC Employees (5 CFR Part 3201), which, in part, prohibits them and their immediate families from accepting certain credit from State nonmember banks.

As a condition of employment for accepting this position, you may be required to serve a 1-year probationary period (or 2-year trial period, if applicable) during which we will evaluate your fitness and whether your continued employment advances the public interest. In determining if your employment advances the public interest, we may consider:
  • your performance and conduct;
  • the needs and interests of the agency;
  • whether your continued employment would advance organizational goals of the agency or the Government; and
  • whether your continued employment would advance the efficiency of the Federal service.
Upon completion of your probationary period (or trial period) your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.

After we select a candidate, we may share the remaining list of qualified candidates with other federal agencies. You can opt-in if you want us to share your name, application material and assessment results for similar jobs with other agencies. There is no guarantee of further consideration, and you can continue to explore and apply to other job announcements.

Reasonable Accommodation (RA) Requests: If you believe you have a disability (i.e., physical or mental), covered by the Rehabilitation Act of 1973 as amended that would interfere with completing the USA Hire Competency Based Assessments, you will be granted the opportunity to request a RA in your online application. Requests for RA for the USA Hire Competency Based Assessments and appropriate supporting documentation for RA must be received prior to starting the USA Hire Competency Based Assessments. Decisions on requests for RA are made on a case-by-case basis. If you meet the minimum qualifications of the position, after notification of the adjudication of your request, you will receive an email invitation to complete the USA Hire Competency Based Assessments, based on your adjudication decision. You must complete all assessments within 48 hours of receiving the URL to access the USA Hire Competency Based Assessments if you received the link after the close of the announcement. To determine if you need a RA, please review the Procedures for Requesting a Reasonable Accommodation for Online Assessments.

Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

You will be evaluated on application materials, questionnaire responses, and required assessments. Cheating may result in removal from consideration.

Below are the competencies you will be assessed on:

  • Attention to Detail
  • Flexibility
  • Interpersonal Skills
  • Learning
  • Problem Solving
  • Self-Management
  • Technology Application
  • Writing
  • Oral Communication
  • Accounting
  • Reasoning
  • Arithmetic/Mathmatical Reasoning
You do not need to respond separately to these competencies.

Applicants who meet the minimum qualifications will be assigned to one of three category levels-Best Qualified, Highly Qualified, or Qualified-according to the degree to which their background and responses to the assessment align with the competencies identified for this position. Veterans' preference is applied within categories; eligible veterans are afforded priority consideration over non-veterans.

You may preview the application questionnaire for this vacancy here: https://apply.usastaffing.gov/ViewQuestionnaire/13083662

Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system.

Agency contact information

Mitchell Desy
Email
mdesy@fdic.gov
Address
Division of Risk Management Supervision
550 17th St NW
Washington, DC 20429
US

Visit our careers page

Learn more about what it's like to work at Federal Deposit Insurance Corporation, what the agency does, and about the types of careers this agency offers.

https://www.fdic.gov/careers

Your session is about to expire!

Your USAJOBS session will expire due to inactivity in 8 minutes. Any unsaved data will be lost if you allow the session to expire. Click the button below to continue your session.