Financial Institution Intern (Risk Examiner), CG-599-04 (Public Advertisement),Federal Deposit Insurance Corporation,02-08-2021,USA Gov
Overview
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Open & closing dates
02/08/2021 to 02/12/2021
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Service
Excepted
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Pay scale & grade
CG 04
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Salary
$41,930 to $49,334 per year
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Appointment type
Internships - This appointment is without time limitation.
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Work schedule
Full-Time
Locations
11 vacancies in the following locations:
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Little Rock, AR 1 vacancy
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Baton Rouge, LA 1 vacancy
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Jackson, MS 1 vacancy
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Albuquerque, NM 1 vacancy
- Show more locations (7)
Telework eligible
Yes as determined by agency policy
This job is open to
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Students
Current students enrolled in accredited educational institutions from high school to graduate level. Includes internships, pathways and other student programs.
Clarification from the agency
Applicants enrolled as students in an accredited 4-year college or university, who have completed at least the sophomore year in college upon entry to the program; have a cumulative (overall) grade point average of at least 3.0; a planned graduation date of May 2022 or later and are majoring in a certain specified field, (see Qualifications Required); and are in good academic standing.
Announcement number
2021-DALP-0019
Control number
591323800
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Duties
Summary
The applicants selected will be offered a position in the FDIC Internship Program with the Division of Risk Management Supervision (RMS). The FDIC’s Financial Institution Intern Program provides high-performing college students with valuable professional experience in the financial regulatory industry.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Learn more about this agencyResponsibilities
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, compute and reconcile Capital Accounts and reconcile 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.
Travel Required
75% or less - May require extensive overnight travel. Required to work at remote and multiple work sites.
Supervisory status
No
Promotion Potential
04
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Job family (Series)
0599 Financial Management Student Trainee
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/591323800. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
- Job Tags:
- government
- Financial
- USA government
- intern
- Risk
- Institution
- Examiner