Summer Intern - Audit Group - Sophomore Intern

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    Federal Reserve System

    We are the central bank of the United States—one of the world's most influential and trusted financial organizations.

    10,001+ employeesWashington, DCBanking
    Actively hiringPaidSummer 2027Banking
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    About the role#

    The Audit Group at the Federal Reserve Bank of New York provides independent, risk-based assurance to support the mission of the Federal Reserve System. As a Sophomore Intern, you will join a ten-week program designed to provide real-world experience through project-based assignments. You will work alongside experienced professionals, receive mentorship, and attend learning events with senior leadership.

    What you'll do#

    • Assist with internal auditing tasks, including audit planning and controls testing.
    • Attend and record minutes for audit meetings with clients.
    • Collaborate with the Data Analytics team to analyze and present audit information.
    • Conduct research and organize information to support special department projects.
    • Participate in team events and engage with the broader department.

    What you'll need#

    • Current enrollment as a college sophomore, with an expected graduation date between Winter 2028 and Spring 2029.
    • A strong academic record with a demonstrated interest in finance, economics, business administration, public policy, or risk management.
    • Working knowledge of Microsoft Office Suite (Excel, Word, PowerPoint) and Acrobat.
    • Excellent written and interpersonal communication skills.
    • Ability to work both independently and within a team environment.

    Location & details#

    • Location: New York, NY.
    • Work Modality: Full-time, on-site.
    • Term: Summer 2027.
    • Compensation: This is a paid internship based on an annual salary of $65,600.
    • Eligibility: This position requires access to confidential supervisory information, which is limited to U.S. citizens, lawful permanent residents, and other protected individuals as defined by law.

    About Federal Reserve System

    The Federal Reserve System acts as the central bank of the United States. It manages national monetary policy, supervises banking institutions, and provides financial services to the government. The organization maintains a presence across the country with multiple regional banks. It employs over 10,000 people to support its economic mission.

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