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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:
Grade
|
Minimum
|
Maximum
|
CG-3
|
$23,669
|
$36,364
|
CG-4
|
$26,572
|
$42,399
|
CG-5
|
$29,729
|
$47,424
|
CG-7
|
$38,282
|
$60,922
|
*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.
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