Intern - Internal Audit

Fremont Bancorporation•Livermore, CA

2d•$20

About The Position

Fremont Bank — one of the Bay Area’s most respected and long-standing financial institutions — is seeking a strategic, hands-on intern to join and help advance our Audit team. This is a high-impact opportunity to contribute to the success of a mission-driven organization committed to excellence, community service, and strong client relationships. If you're energized by purpose-driven work, collaboration, and delivering meaningful results, we’d love to connect. Why Fremont Bank? Founded in 1964, Fremont Bank is one of the oldest independently owned banks in the Bay Area and has been consistently recognized as a Top Workplace for the past 15 consecutive years. Our foundation is built on relationships — with our clients, our associates, and our communities. We offer: A people-first culture grounded in inclusion and excellence Deep community involvement and local reinvestment A mission-driven workplace where values and performance go hand in hand The Fremont Bank Way Full-Service Banking with comprehensive financial solutions, advanced technology, and exceptional service No-Compromise Approach — we help clients get to "yes" Core Values: o Go above and beyond for clients o Foster a supportive and empowering environment for associates o Deeply invest in the well-being of our local community Department Overview The Internal Audit Department provides objective, independent evaluation over the bank's risk management, governance, and internal controls to confirm they are functioning effectively and are in compliance with policies and regulations. Position Overview The Internal Audit intern will support the Internal Audit department's objectives by evaluating and testing the Bank’s process and controls and assisting with audit documentation as well as potential special projects. The Internal Audit intern will work closely with audit professionals and various associates from business units.

Requirements

Currently pursuing a Bachelor’s degree in Accounting, Finance, Business Administration, Information Systems, Economics, or a related field; graduate students preferred
No prior audit experience required
Experience with Microsoft Excel, including filters, pivot tables, and formulas
Proficiency with Microsoft Excel, Word, and PowerPoint
Ability to analyze data and identify trends or irregularities
Strong attention to detail, accuracy, and critical thinking
Strong written and verbal communication skills, especially in stakeholder communication and audit documentation
Professional demeanor with the ability to work collaboratively in a team environment
Highly organized, self‑motivated, and able to manage multiple tasks in a fast‑paced environment
Willingness to learn, ask questions, and seek clarification
High level of integrity, objectivity, and ability to handle confidential information responsibly

Nice To Haves

Basic understanding of internal controls, risk concepts, or accounting principles (preferred)
Experience with data analytics tools (e.g., Excel, Power BI, Tableau) (preferred)
Experience using GenAI tools (e.g., Microsoft Copilot) (preferred)
Experience with collaboration tools such as Microsoft Teams (preferred)
Coursework or exposure to auditing, risk management, data analytics, accounting, or related areas (preferred)

Responsibilities

Audit Planning and Execution: Assist with audit planning activities, including background research and walkthrough preparation
Support risk based audit assignments by performing control testing under supervision
Review transaction samples and documentation for accuracy, completeness, and compliance
Prepare clear, well-organized workpapers that document audit procedures and evidence.
Help maintain audit documentation in accordance with internal audit methodology and standards.
Risk Assessment and Control Evaluation: Support control testing efforts to assess the design and operating effectiveness of key controls.
Collaboration and Team Support: Participate in walkthrough meetings with business units and document meeting minutes.
Collaborate with audit team members to gather supporting documentation and clarify testing inquiries.
Assist in follow-up procedures for previously identified issues to validate remediation progress.
Continuous Improvement: Assist with special projects and audit initiatives involving audit quality, data analytics / use of artificial intelligence (AI), and audit efficiency in line with the Internal Audit Strategy.
Regulatory and Compliance Awareness: Gain exposure to regulatory expectations applicable to community and regional banks.
Assist in verifying compliance with internal policies and regulatory requirements where applicable.
Stakeholder Engagement: Build positive working relationships with internal audit colleagues and business unit staff.
Demonstrate professionalism, curiosity, reliability, and strong ethical judgment at all times.