Audit, Risk and Compliance Intern

FHLBank•Topeka, KS

22h

About The Position

This year‑round internship begins in Internal Audit and transitions into Operations Risk & Compliance, giving you broad exposure to controls, risk management, and compliance functions. In this internship you will learn about: Internal Audit Tests controls to ensure reliability and transparency of financial reporting, effectiveness and efficiency of operations, and compliance with applicable rules, regulations, guidelines, policies and procedures. Documenting processes through narratives, flowcharts, policies, procedures, and risk assessments. Contributing to continuous improvement efforts by supporting enhancements to audit tools, processes, and methodologies. Operations Risk & Compliance Supporting the SOx 404 program through documentation updates, sample selection, evidence gathering and key control testing. Assisting business units with annual risk and control self‑assessments. Verifying operational controls for end‑user applications such as spreadsheets and other tools. Assisting with business resiliency, vendor risk management, EUDC, and model risk programs operate. Performing and reporting control testing to assess compliance with regulatory obligations.

Requirements

Completion of at least sophomore year of college, working toward an undergraduate degree in accounting, business or finance is required.
General knowledge of generally accepted accounting principles and auditing standards.
General knowledge of internal control system processes and risk management methodologies.
Ability to work independently.
Strong verbal and written communication skills.
Knowledge and experience with Microsoft Office products, including Word, Access, Excel, PowerPoint, Visio, Power Automate and Power BI.
Ability to operate all types of general office equipment.

Nice To Haves

One year of similar or related work experience is preferred but not required.

Responsibilities

Tests controls to ensure reliability and transparency of financial reporting, effectiveness and efficiency of operations, and compliance with applicable rules, regulations, guidelines, policies and procedures.
Documenting processes through narratives, flowcharts, policies, procedures, and risk assessments.
Contributing to continuous improvement efforts by supporting enhancements to audit tools, processes, and methodologies.
Supporting the SOx 404 program through documentation updates, sample selection, evidence gathering and key control testing.
Assisting business units with annual risk and control self‑assessments.
Verifying operational controls for end‑user applications such as spreadsheets and other tools.
Assisting with business resiliency, vendor risk management, EUDC, and model risk programs operate.
Performing and reporting control testing to assess compliance with regulatory obligations.