Audit Intern - 2027

Federal Reserve Bank of Philadelphia•Cleveland, OH

16h•Onsite

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. Take your skills to the next level and gain valuable experience contributing to work within Internal Audit. Audit Intern Duties: You will 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. As an intern you may Assist on IT and / or operational 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 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.

Requirements

Currently pursuing an undergraduate degree or graduate degree in Business, IT/Cyber Security, or a related field with a minimum GPA of 3.0.
Should have at least one semester left to complete in school.
Strong computer/technical skills required.
Proficiency with Microsoft Office products, specifically Excel and Access (or familiarity with other data access tools).
Ability to work in a deadline driven environment and ability to multitask.
Ability to work both in a group setting and on an individual basis.
Strong oral and written communication skills.
Must be a U.S. citizen, permanent resident, or green card holder.

Nice To Haves

Collaborative and innovative students entering their sophomore year or beyond.

Responsibilities

Assist on IT and / or operational 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 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.