Assistant Examiner Intern

Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.

The Richmond Fed Supervision, Regulation, and Credit (SRC) department is now hiring for our 2027 Summer Internship Program. SRC is responsible for the supervision of bank holding companies, state member banks, and foreign banking organizations. Supervision is completed from two differing aspects, safety and soundness (assessing a bank’s financial performance and risk to the FDIC insurance fund) and consumer compliance (assessing a bank’s compliance with consumer guidelines such as Fair Lending and Community Reinvestment Act).

SRC is also responsible for Discount Window operations where money can be lent to organizations in need of funding.

The Assistant Examiner Internship Program provides a unique experience to explore SRC’s supervision business lines and will be located in Richmond, VA. The program provides summer interns with the opportunity to enhance essential business skills and increase understanding of the Federal Reserve’s role in the supervision of financial institutions. During the program, you will gain exposure to the supervisory process through bank examination participation.

While participating on bank examinations, you will interact with management at supervised institutions, review reports, participate in meetings, and assess risk exposures. You may review topics ranging from adequacy of risk management practices, operational controls, financial condition, and/or compliance with banking laws and regulations.

you will participate in foundational learning, develop a relationship with a mentor, create and deliver presentations, and complete a final project.

As part of the Bank’s larger intern cohort, you will participate in professional development activities and be provided with an extensive understanding of the work of the Federal Reserve. In addition to specific business area tasks, you will receive leadership training, mentorship and valuable networking opportunities.

• Rotate through three supervision business lines.
• Participate in an examination at the Federal Reserve Bank and/or a state member bank.
• Communicate findings and conclusions of supervisory activities to examination staff and senior management.
• Responsibly handle highly sensitive and confidential information.
• Observe and participate in relevant meetings to gain an extensive overview of the department and critical examination issues.
• Participate in a bank simulation exercise.
• Work with other interns to create and deliver a presentation to SRC related to internship experience.

• Rising senior with a minimum 3.3 GPA with a preferred emphasis in Accounting, Finance, Business Administration, Economics, Mathematics, Statistics, or related field.
• Strong project management skills, including organization, planning and execution, analytical and problem-solving skills.
• Strong communication and interpersonal skills, including the ability to work effectively in a team environment.
• Intellectual curiosity with willingness to ask questions.

• An applicant posting for employment as a Federal Reserve examiner intern must be a U.S. citizen or hold a permanent residence visa/Green Card and be an intending citizen. Sponsorship or practical training extensions are not available for this position.
• Under conflicts…