2027 Summer Intern - Audit Group - Junior Intern
Company
Federal Reserve Bank of New YorkWhen you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system.At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to time remains important to achieving our mission.
Program Description:
The Undergraduate Summer Analyst Program gives undergraduate juniors the opportunity to gain valuable work experience at a unique institution. Through dynamic, project-based work assignments and professional development activities, students get:
A cohort-based learning model witha strong senseof community
Real-world experience that helps them build strong skills and knowledge in their area of interest
The chance to contribute to meaningful work that makes an impact on the lives of all Americans
Opportunities to meet, network with, and work alongside our mission-driven, curious colleagues-all of whom are happy to share their experiences and advice
An experienced professional mentor to support them throughout the program
Access to learning events with senior leaders from the New York Feds, giving them direct insight into the public service and financial services world
Junior interns work in one specific business area or function for tenweeks, andhave access to opportunities for collaboration with other students and employees from around the Bank.
At the end of the program, students leave with strong skills, professional connections, and meaningful experiences that will support them in their long-term careers.
Our Unique Work:
The primary purpose of the Federal Reserve Bank of New York's Audit Group(Internal Audit)is toassistthe Board of Directors in the effective execution of its responsibilities for the Bank and the Federal Reserve System.Internal Auditaccomplishesits purpose by providing independent, risk-based assurance and insight that strengthens the Federal Reserve System’s ability to fulfill its mission andmaintainpublic trust.
How You’ll Make an Impact as an Audit Intern (Junior)
The role will include all aspects of internal auditing, including planning, controls testing,attendingand minuting audit meetings with clients, and reporting
Where applicable, work with Internal Audit’s Data Analytics team to analyze and present audit information
Support special projects by conducting research and organizing information
Participatein team events with the department
The Unique Skill Sets We’re Looking For:
The summer analyst opportunity in the Audit Group is open to candidates who have completed at least their sophomore year of college by the beginning of the internship
You must have a demonstrated interest in banking, business, economics, public policy, risk management or finance with a strong academic record and passion for public service
Knowledge of risk management principles
Risk-focused perspective, with the ability to understand and review financial and/or information technology risks and controls within business processes
Ability to execute audit procedures and testing for control compliance
Good analytical skills, including ability to analyze business and financial activities, understand and describe process flows,strengthsand weaknesses, and develop suggestions to improve efficiency and effectiveness
Ability to workindependently,cooperatively in a team environment and build collaborative relationships
Excellent interpersonal and written communication skills are necessary
Demonstrated working knowledge of Microsoft Office Suite withdemonstratedability to develop and apply spreadsheets,databaseand research tools and graphic presentation
To Apply: The application deadline isOctober5th, 2026 (11:59 PM EST) *. This is a paid internship. Please note, summer housing is not provided.Expected graduation betweenWinter 2027Spring 2028
Other Things to Know:
Salary Range:Your regular wages for the 10 weeks will be paid on a semi-monthly basis and will be calculated based on an annual salary of $72,100
We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whetheryou’restretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.
This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.
Our culture is deeply grounded in our Touchstone Behaviors. By working with us,you’llhave the opportunity to develop anddemonstrateyour ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achievesuccess, andset clear expectations for leading with impact at every stage ofyourcareer.Learn more.
Apply now ifyou’reready to join us in strengthening the U.S. economy together. Want to consider our other opportunities?Click hereto see all our open roles.
The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.
We value accessibility for all candidates and are happy to providean accommodationorassistance. Please email us at [email protected] andwe’llbe glad to help. Please note, this is a dedicated e-mail box designed exclusively toassistapplications with accommodation requests in relation to our recruiting process. All otherinquiresincluding the status ofapplicationswill not receive a response from this e-mail box.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts,skillsor working conditions associated with the job. While this is intended to bean accuratereflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.
Full Time / Part Time
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First (United States of America)The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.