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 Depositor and Consumer Protection (DCP). Internships will begin May 2027. Additional selections may be made from this announcement to fill identical vacancies that arise later.
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: Assesses the adequacy and determines the strength of the Compliance Management System to ensure ongoing compliance as related to the particular regulation under review.
Examines initial disclosures, periodic statement, advertisements, and other information to evaluate procedures and compliance with Truth in Savings, Electronic Fund Transfers, and Expedited Funds Availability. Reviews the Home Mortgage Disclosure Act (HMDA) loan application register for accuracy and assesses a bank's overall reporting procedures.
Reviews adverse action notices for compliance with Fair Credit Reporting and Equal Credit Opportunity, and to gain a cursory exposure to applicable lending-related regulations. Participates in discussing the overall examination process, including evaluating the bank's Compliance Management System. Reviews applicable regulations and examination manual to become informed about the community Reinvestment Act (CRA).
Examines a sample of residential, consumer, commercial and agricultural files to determine compliance with Flood Insurance requirements. Prepares a summary of each performance factor describing why rating was assigned. 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 (Compliance), 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.
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.
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This position is with Federal Deposit Insurance Corporation, Other Agencies and Independent Organizations.
The posted pay range is $53241 – $71748/yr.
This position is eligible for telework.
This position requires a Other security clearance.
Applications close on 2026-10-30.
There are 10 openings for this position.
This position is open under the 'Student' hiring path.
Source: USAJOBS.gov — U.S. Federal Government · Retrieved 2026-10-20 · Not affiliated with or endorsed by OPM or USAJOBS.gov
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