Audit 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 Federal Reserve Bank of Cleveland is seeking an Audit Intern for Summer 2027. This full-time, paid internship provides practical experience within the Internal Audit department. You will contribute to risk-based assurance projects and gain exposure to the operations of a central bank.

    What you'll do#

    • Assist with IT and operational audits or projects for various business areas.
    • Conduct interviews with staff, management, and clients to understand control environments.
    • Analyze data and business processes to verify compliance with policies.
    • Help audit staff determine the effectiveness of internal controls.
    • Prepare workpapers for audit management and the auditor-in-charge.
    • Manage ad hoc assignments, such as flowcharting processes or updating department tools.
    • Participate in leadership and career development activities.

    What you'll need#

    • Current enrollment in an undergraduate or graduate degree program in Business, Cybersecurity, or a related field.
    • A minimum GPA of 3.0.
    • At least one semester of school remaining after the internship.
    • Strong technical skills, including proficiency with Microsoft Office products like Excel and Access.
    • Ability to multitask and perform in a deadline-driven environment.
    • Capacity to work both independently and within a group setting.
    • Excellent oral and written communication skills.
    • Must be a U.S. citizen, permanent resident, or green card holder.

    Location & details#

    • Location: Cleveland, Ohio.
    • Modality: This position is on-site.
    • Duration: 10 to 12 weeks, working 40 hours per week.
    • Compensation: $20.50 to $26.00 per hour.

    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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