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Division of Finance Internship Program

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How to Apply
Frequently Asked Questions

Application Dates
The application period for summer 2009 is NOW CLOSED.

The Program

The Federal Deposit Insurance Corporation’s (FDIC) Division of Finance (DOF) is looking for high-caliber, motivated students who are majoring in the fields of Accounting, Finance, Business Management and other related financial fields to gain invaluable work experience through our internship program. A DOF internship is an ideal way for students to kick-start their future careers.

The Division of Finance offers a wide range of competitive internships, offering students the opportunity to gain valuable knowledge related to their own professional and educational needs. Selected applicants will be expected to perform a variety of duties such as routine accounting and budgeting, office automation duties in producing/preparing a variety of documents pertaining to financial functions, analyzing complex data reports, compiling daily, monthly or quarterly tax payment documents, assisting with testing of internal system enhancements, preparing reports or performing other miscellaneous technical tasks in support of functions related to the occupational area and program to which they are assigned .

Internships may be available in the following areas of the Division of Finance:

  • Office of the Director
    • Interns will serve as an adjunct special assistant to the Director and perform various duties relating to special projects in the Director’s Office.
  • Assessments Internship
    • Interns will perform various tasks in support of the collection of assessment premiums and deposit reporting.
  • Tax Policy Internship
    • Interns will perform various duties such as assisting in the redrafting of policy documents and compiling tax payment worksheets.
  • Financial Systems Internship
    • Interns will perform various duties such as assisting with the financial systems support, system access, and the FDIC’s internal IT security program.
  • Accounting Internship
    • Interns will assist with the monitoring of accounting standards and guidelines, the establishing of corporate accounting policy and positions, and the financial statement compliance with GAAP.
  • Internal Control Internship
    • Interns will assist with various tasks related to the support of the Internal Controls section such as business process mapping.
  • Planning & Budget Internship
    • Interns assist with various tasks in support of the Planning and Budget area such as retirement analysis reporting.
  • Deposit Compliance Analysis Internship (Dallas, TX)
    • Interns will assist with various tasks such as internal control audits, deposit reporting compliance and data management.

Internships are within the Division of Finance and are available at our location in Arlington, VA and Dallas, TX.

Candidates interested in DOF summer internships may expect to begin as early as mid to late May.

Internships are available at a range of pay levels from the CG-3 level through the CG-7 level based on academic achievements:








*salaries include the locality pay adjustment of 14.14%

About the FDIC and DOF

The FDIC is an independent agency created by the Congress that maintains the stability and public confidence in the nation’s financial system by insuring deposits, examining and supervising financial institutions, and managing receiverships.

The FDIC is listed in the top 25 of the “Best Places to Work in the Government for 2007” and was also rated #1 in pay and benefits among more than 200 comparable federal organizations.

DOF’s mission is to provide the FDIC with accounting, financial and employee services. As professionals, with support and service to our co-workers and clients, we are dedicated to the highest level of quality, accuracy, timely delivery and reliability in all our products. It is our vision that we remain a valued member of the FDIC team, a leader in corporate financial services, and a source of essential information bringing clarity to the future.

Qualifications and Requirements

DOF is looking for capable and self-motivated students, who are comfortable working in a professional setting with significant responsibility, possess a strong academic record, written and oral communication skills and a functional knowledge of Microsoft Outlook, Word and Excel. In addition, applicants should have a sincere interest in the fields of accounting and finance.

We prefer interested candidates to carry a current GPA of 3.0, at a minimum, on a 4.0 grading scale, or equivalent.

FDIC’s Student Educational Employment Program offers two components.

  • - The Student Career Employment Program (SCEP) provides students with the opportunity to obtain work experience that is directly related to their education and career goals, with a possibility of being converting to a competitive appointment within the FDIC at the completion of the program. This program requires a written working agreement between the student, school and FDIC.
  • - The Student Employment Program (STEP) offers internships that do not need to be related to a student’s academic or career pursuits, but do not offer conversion to a competitive appointment.

Both programs offer a year-round program and appointments may be made at any time during the year, including the summer. Candidates interested in securing a summer appointment are encouraged to apply by the deadline date of February 20, 2009. Proof of enrollment status in an accredited educational program, achievement, and suitability related documents may be requested to determine eligibility for the Student Educational Employment Program. Resumes will be reviewed to ensure you meet the qualifications described above.

U.S. citizenship is required and all applicants will be subject to a background investigation.

FDIC is an independent agency of the federal government. Go to Frequently Asked Questions for further information.

FDIC is an Equal Employment Opportunity Employer.

Last Updated 03/30/2009 DOFAdmin Services@fdic.gov

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