Audit Intern - Summer 2026

Federal Reserve Bank • Cleveland, OH

101d

About The Position

The Federal Reserve Bank of Cleveland is seeking innovative thinkers with vision to build the framework that will carry the Bank into the future. Our interns will work onsite at our Cleveland, Ohio location. We're looking for collaborative and innovative full-time students entering their sophomore year or beyond. Our student interns work 40 hours per week for the duration of a 10- to 12-week internship that starts as early as June and ends as late as September, depending on student schedules and business needs. Take your skills to the next level and gain valuable experience contributing to work within the Audit department.

Requirements

• Currently pursuing an undergraduate or graduate degree in Business, IT/Cyber Security, or a related field with a minimum GPA of 3.0.
• Strong computer/technical skills required.
• Proficiency with Microsoft Office products, specifically Excel and Access (or familiarity with other data access tools).
• Need to have one semester remaining upon completion of the internship.
• Must have completed freshman year and have a minimum GPA of 3.0.
• Must be proactive and self-directed, along with having strong attention to detail and organizational skills.
• Excellent planning/documentation skills.
• Ability to multi-task in a fast-paced environment.
• Ability to partner in a highly collaborative atmosphere.
• Self-starter with strong leadership skills, including verbal, written, and interpersonal communication skills.
• Strong analytical, multitasking, organization, problem solving, and time management skills.

Responsibilities

• Work with audit team members to enhance and protect organizational value by providing risk-based and objective assurance, advice, and insights in the evaluation of the effectiveness of risk management, internal control, and governance processes.
• Assist on IT audits or projects for business areas within the Fourth District.
• Conduct interviews with clients, staff, and management to understand their control environment.
• Analyze data and business processes to evaluate and verify compliance with established policies or procedures.
• Assist IT audit staff in determining if internal controls and processes are effective for assigned audit steps.
• Prepare workpapers for auditor-in-charge and audit management.
• Complete projects and ad hoc assignments (e.g., flowcharting new processes, helping with developing new audit tools, updating department websites, etc.).
• Engage in leadership and career development activities for your future.
• Perform other duties as assigned or requested.

Benefits

• Gain practical experience and insights into the operations field through real-world projects and challenges.
• Receive guidance and mentorship from experienced professionals who are committed to your development.
• Build connections within the industry and with fellow interns and employees.
• Participate in workshops, training sessions, and seminars designed to enhance your skills and knowledge.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Industry: Monetary Authorities-Central Bank
• Education Level: Bachelor's degree