Enterprise Risk Management Intern

The Federal Reserve Bank of Cleveland is part of the nation’s central bank. We’ve provided many opportunities for professional growth during our history. For twenty-seven years in a row, we’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.

Our People Make the Difference!

The Federal Reserve Bank of Cleveland is seeking innovative thinkers with vision to build the framework that will carry the Bank into the future. Follow us on Linked In, Twitter, Instagram, and our You Tube channel – Cleveland Fed To be considered for this role, candidates must be a U.S. citizen, permanent resident, or green card holder. Take your skills to the next level and gain valuable experience contributing to work within Enterprise Risk Management.

Identify and assess risks and controls within key processes. Coordinate the testing and reporting associated with incidents, control validation, and monitoring of key risk metrics. Research, analyze risk data, and aid in preparing quarterly risk reports and associated briefing materials. Share findings with leadership. Aid in developing and hosting training and activities focused on expanding employees’ risk knowledge and advancing the Bank’s risk culture.

Prepare communications and training materials. Assist the risk team on other activities and duties as assigned.

Currently pursuing an undergraduate degree or graduate degree in Risk Management, Accounting, Business, or Finance with a minimum GPA of 3.0. Should have at least one semester left to complete in school. Strong computer/technical skills required. Proficiency with Microsoft Office products, Tableau, Power Apps, and Power BI preferred. Ability to work in a deadline driven environment and ability to multitask. Ability to work both in a group setting and on an individual basis.

Strong oral and written communication skills.

Our interns will work onsite at our Cleveland, Ohio location. We’re looking for collaborative and innovative full‑time students entering their sophomore year or beyond. Our student interns work 40 hours per week for the duration of a 10‑to‑12‑week internship that starts as early as June and ends as late as September, depending on student schedules and business needs. The expected starting salary range for this position is between $20.50 and $26.00 hourly.

Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and market data.

• Hands‑On
  
  Experience:
  
  Gain practical experience and insights into the operations field through real‑world projects and challenges.
• Mentorship:
  Receive guidance and mentorship from experienced professionals who are committed to your development.
• Networking Opportunities:
  Build connections within the industry and with fellow interns and employees.
• Professional Development:
  Participate in workshops, training sessions, and seminars designed to enhance your skills and knowledge.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, the Federal Reserve Bank of Cleveland reserves the right to revise this or any job description at any time.

As a condition of employment, Federal Reserve Bank of Cleveland employees…