Federal Reserve System Logo

Federal Reserve System

Intern, Internal Audit

Reposted 3 Days Ago
Be an Early Applicant
In-Office
Boston, MA
18-36 Hourly
Internship
In-Office
Boston, MA
18-36 Hourly
Internship
Assist in the development of the Internal Audit Department's data analytics program, perform data analysis, support audit conclusions, and ensure data integrity.
The summary above was generated by AI
CompanyFederal Reserve Bank of Boston

As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.

This position is part of the Bank's Internship/ Co-op Program which is offered to students who are currently enrolled in graduate and undergraduate studies. The Program identifies talented and qualified candidates who could potentially fill professional job openings in the Bank.

Compensation: $18-$36 per hour.  Actual pay within the range will be set based on undergraduate/graduate year and relevant experience.

Job Summary:

Responsible for assisting in the development of the Internal Audit Department’s data analytics program to support audits and continuous risk assessment activities.

Job Responsibilities:

  • Assists in analyzing and presenting data using statistical analysis and data visualization techniques to identify underlying issues/emerging risks, recognize trends, and cause and effect relationships to formulate audit insights

  • Partners with the audit team to identify opportunities to embed analytical approaches throughout the audit lifecycle and assists in the definition of audit approaches to generate insights on key risks facing the organization

  • Supports the collection and analysis of data to support audit conclusions.

  • Supports the translation of audit scenarios and requirements into technical specifications, assists in building solutions.

  • Follows established approaches to ensure the integrity of data acquired and the reliability of analyses.

  • Supports the presentations of results of conducted analyses.

  • Other duties as requested.

All candidates must be U.S. citizens or lawful permanent resident aliens with at least three or more years of U.S. residency from the date of legal entry to the U.S.

For this job, any offer of employment is contingent upon successfully passing a two-phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks. The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position.  Depending upon the sensitivity of the position, this phase may include, and is not limited to, citizenship status verification, and personal interviews with the candidate, references, and prior employers.

The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
 
 All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
 
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.

Full Time / Part TimeFull time

Regular / TemporaryTemporary

Job Exempt (Yes / No)No

Job CategoryInternship Family Group

Work ShiftFirst (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

Privacy Notice

Top Skills

Data Analytics
Data Visualization
Statistical Analysis

Similar Jobs

13 Days Ago
In-Office
Boston, MA, USA
18-36 Hourly
Internship
18-36 Hourly
Internship
Fintech • Information Technology • Payments • Sharing Economy • Financial Services • Cryptocurrency
Assist in developing the Internal Audit Department's data analytics program, analyze data, support audit processes, and ensure data integrity.
Top Skills: Data VisualizationStatistical Analysis
2 Days Ago
In-Office
Boston, MA, USA
Internship
Internship
Information Technology • Internet of Things • Software • Virtual Reality
The IT Internal Audit Intern will test SOX IT internal controls, communicate with teams, and manage compliance documentation, receiving training and guidance along the way.
Top Skills: ExcelPowerPointWord
An Hour Ago
Hybrid
Boston, MA, USA
Senior level
Senior level
Fintech • Payments • Software
The role involves building and maintaining a payments platform, ensuring high-quality code, improving functionalities, and collaborating with global teams to enhance product capabilities.
Top Skills: AmqpAWSCSS3ElasticsearchGitlabHTML5JavaJavaScriptLinuxMongoDBMySQLReactRedisRubySidekiq

What you need to know about the Boston Tech Scene

Boston is a powerhouse for technology innovation thanks to world-class research universities like MIT and Harvard and a robust pipeline of venture capital investment. Host to the first telephone call and one of the first general-purpose computers ever put into use, Boston is now a hub for biotechnology, robotics and artificial intelligence — though it’s also home to several B2B software giants. So it’s no surprise that the city consistently ranks among the greatest startup ecosystems in the world.

Key Facts About Boston Tech

  • Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
  • Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
  • Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
  • Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account