Internal Audit Internship (Part-time)

Federal Reserve Bank of Atlanta

Sep 22, 2023

Applications are closed

Internship
Part-time
Off-cycle Internship
Accounting & Tax
Los Angeles

Requirements

Currently enrolled in Master’s program in the fall of 2023
Master’s degree in Business Administration, Risk Management, Computer Science Finance, Accounting, or a related field.
Analytical mindset, ability to build both formal and informal networks, ability to identify opportunities for continuous improvement.
Anticipate, identify, and define problems, seek root causes, and develop practical and timely solutions.
Systematic approach to work and follow defined work processes.
Effective written and verbal communication skills which will build the foundation to learn how to prepare clear, persuasive audit work papers, and communicate audit results including observations.
Understanding of project management principles, theories, and practices.
Understand basic principles of risk management, ability to identify risks, and follow established risk monitoring procedures.
Demonstrate attention to detail and accuracy and take responsibility for timely completion of tasks.
Proficient in the use of Microsoft Word, Excel, PowerPoint, and Visio.
We ask that you live in commutable distance to our Los Angeles downtown office and be willing to be in office, two to three days per week on average.
Ability to work at least 1 day per week (8 hours) up to 2 days (16 hours) per week on average throughout the duration of this open-ended internship program.
Must be a US Citizen or Green Card holder with the intent to become a US Citizen.
Preferred Skills/Experience:
Knowledge of computer-assisted data analytics software.

Responsibilities

Participate in walkthroughs and learn how to flowchart processes, identify key controls, create, and execute thorough testing methods to evaluate the adequacy of internal controls.
Assist with identifying control improvement needs and engage in recommending management remediation actions.
Learn how to prepare clear, concise, and persuasive work paper documentation in line with the Institute of Internal Auditors (IIA) International Standards.
Assist in performing certain follow-up activity related tasks on issues reported by Audit and external parties.
Participate in ‘Audit Liaison’ meetings. This will allow you to meet one or more business leaders in our district and develop a broader business perspective of Federal Reserve System functions and services.

Federal Reserve Bank of Atlanta

Finance

Industry

1001-5000

Employees

1914

Founded Year

Mission & Purpose

The Federal Reserve Bank of Atlanta is one of 12 regional Reserve Banks that, along with the Board of Governors, make up the Federal Reserve System. The Atlanta Fed covers the Sixth Federal Reserve District, which includes Alabama, Florida, and Georgia, and parts of Louisiana, Mississippi, and Tennessee. As part of the Federal Reserve System, the Atlanta Fed helps conduct monetary policy, promote the stability of the financial system, regulate and supervise financial institutions, foster payment and settlement system safety and efficiency, and promote consumer protection and community development.