About the role#
The Federal Reserve Bank of Cleveland is seeking an Enterprise Risk Management Intern for the Summer 2027 term. This is a full-time, on-site position based in Cleveland, Ohio. You will gain practical experience through real-world projects, receive mentorship from professionals, and participate in professional development workshops.
What you'll do#
- Identify and assess risks and controls within key processes.
- Coordinate the testing and reporting for incidents, control validation, and monitoring of key risk metrics.
- Research and analyze risk data.
- Assist in preparing quarterly risk reports and briefing materials.
- Share findings with leadership.
- Develop and host training activities focused on risk knowledge and culture.
- Prepare communications and training materials.
- Support the risk team with other assigned duties.
What you'll need#
- Current enrollment in an undergraduate or graduate degree program in Risk Management, Accounting, Business, or Finance.
- Completion of at least one semester of school remaining.
- A minimum GPA of 3.0.
- Strong computer and technical skills.
- Proficiency in Microsoft Office is preferred, along with experience in Tableau, Power Apps, and Power BI.
- Ability to work effectively both independently and in a group setting.
- Strong oral and written communication skills.
- Ability to multitask and perform in a deadline-driven environment.
- Must be a U.S. citizen, permanent resident, or green card holder.
Location & details#
- Location: Cleveland, Ohio.
- Term: Summer 2027 (10 to 12 weeks).
- Work Modality: On-site, 40 hours per week.
- Compensation: $20.50 to $26.00 per hour, depending on background and experience.
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.
How to get in at Federal Reserve System
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