Federal Reserve Assistant Examiner Intern

Company

Federal Reserve Bank of Richmond

Grow Your Career at the Richmond Fed!

At the Richmond Fed, we’re driven by our mission to strengthen the economy and our communities.

We take great pride in what we do and how it impacts people every day.

When you join our team, you’ll become part of a culture that welcomes differences, cares about our communities, and empowers each other to lead from where we are to make things better.

Bring your passion and we’ll provide challenging and purposeful careers in a variety of fields, opportunities to grow and a wide range of benefits and perks that support your health and wealth.

It’s all part of what makes #MyRichmondFed a great place to work!

About the Opportunity

The Richmond Fed Supervision, Regulation, and Credit (SRC) department is now hiring for our 2025 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.

 In addition, 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.

What You Will Do:


* 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 ...