Financial Institution Intern - Pathways Internship Student Trainee, CG-599-4 (RMS) (Advertisement)
Financial Institution Interns will be assigned to the Division of Risk Management Supervision (RMS). Interns will work directly on teams of experienced FDIC employees to evaluate bank operations, business planning, and risk management strategies. These teams are responsible for assessing financial institutions to determine whether they are following safe and sound banking practices, maintaining effective internal controls and procedures, managing their institutions effectively, and complying with all applicable laws and regulations. Under the direction and supervision of an Examiner or Assistant Examiner of higher grade, interns will also:
Review and reconcile consolidated reports of condition and income. Review accounts for overdrafts, prepaid expenses, and other miscellaneous assets. Assist in assessing the adequacy of fidelity and other indemnity insurance coverage. Assist in evaluating the adequacy of the insured depository institution procedures and internal routine controls. Assist in the preparation of information requisite to a thorough analysis of the earnings of an institution. Prepare drafts of schedules, exhibits, and comments for inclusion in the completed report of examination. Conduct audit test checks on income and expense accounts, computing and reconciling Capital Accounts and reconciling cash. Review liquidity including the analysis of fluctuations in loans, securities, deposits, and borrowings. Verify securities and other investments borrowings and other liabilities, and assigned collateral, pledged assets, and safe keeping items. Observe the interaction between the FDIC and Bank management. Participate in other phases of an examination as assigned. To qualify at the CG-4 level, applicants must have completed two full academic years towards the degree (requirement must be met by time of appointment).
Estimated Salary: $20 to $28 per hour based on qualifications.
Review and reconcile consolidated reports of condition and income. Review accounts for overdrafts, prepaid expenses, and other miscellaneous assets. Assist in assessing the adequacy of fidelity and other indemnity insurance coverage. Assist in evaluating the adequacy of the insured depository institution procedures and internal routine controls. Assist in the preparation of information requisite to a thorough analysis of the earnings of an institution. Prepare drafts of schedules, exhibits, and comments for inclusion in the completed report of examination. Conduct audit test checks on income and expense accounts, computing and reconciling Capital Accounts and reconciling cash. Review liquidity including the analysis of fluctuations in loans, securities, deposits, and borrowings. Verify securities and other investments borrowings and other liabilities, and assigned collateral, pledged assets, and safe keeping items. Observe the interaction between the FDIC and Bank management. Participate in other phases of an examination as assigned. To qualify at the CG-4 level, applicants must have completed two full academic years towards the degree (requirement must be met by time of appointment).
- Department:
0599 Financial Management Student Trainee - Salary Range:
$31,594 to $57,327 per year
Estimated Salary: $20 to $28 per hour based on qualifications.
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