Student Trainee (Auditing) - Summer

This is a SUMMER 2020 internship position. To learn more about our Summer Intern Program and the activities involved, click here: FERC Summer Internships

This position is located in the Office of Enforcement, which serves the public interest by ensuring effective regulations and protecting customers through understanding markets and their regulation, timely identifying and remedying market problems, assuring compliance with Commission rules and regulations, and detecting and crafting remedies to address market manipulation and other non-compliance issues.

At time of application, applicant must submit proof of current enrollment in a degree-seeking program. If selected, applicant must provide proof of continuing education through either the Summer or Fall 2020 semesters. To meet the definition of a student, applicants must be enrolled at least half-time in a degree-seeking program. 

These positions are temporary, they may be converted to a full time, career-conditional position. Any conversions to full time or career-conditional status is neither implied nor guaranteed.

Major Duties of the position:

-  Apply professional auditing principles, techniques, and theories to solve market and financial accounting issues at energy companies, including numerous Fortune 500 companies.

-  Perform a variety of basic spreadsheet analyses; research market and financial accounting issues; and prepare routine working papers and summary reports.

-  Develop work plans, milestones, and resource requirements and provide these inputs to the Division's planning process. The effort requires research into basic regulatory, market, financial auditing and emerging issues, industry reporting, various current and prior Commission actions, prior and on-going audits, evaluations, examinations and discussions with other knowledgeable sources.

-  Assist in performing audits, evaluations and examinations of market and financial accounting and reporting issues associated with measurement of market performance, assessment of market behavior and structure, and financial reporting requirements, to ensure efficiency, fairness, and consistency with Commission rules and policies. Develop recommendations for the disposition of all issues. Take action to resolve, or coordinate the resolution of, market and financial problems and issues.

-Prepare draft summaries of work performed and based on the results of the audits, evaluations and examinations that contain an appropriate discussion and recommendations on economic and regulatory policies. Prepare other written products such as notices, financial memoranda and proposed orders.