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.
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.
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.
Full federal benefits details →
This position is with Federal Deposit Insurance Corporation, Other Agencies and Independent Organizations.
The posted pay range is $53241 – $69019/yr.
This position is eligible for telework.
This position requires a Other security clearance.
Applications close on 2026-10-30.
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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