Investigative Intern

Summary

The Federal Reserve Board (Board) provides students opportunities for career success. The Board’s Internship program is designed to provide valuable work experience for undergraduate and graduate students considering careers including, but not limited to, economics, finance and accounting, information systems, and data analysis. The Board believes that by combining academic endeavors with project-related work experience, qualified and capable college students can gain the practical knowledge need in a competitive global job market. Internships are paid positions with salaries commensurate with credit hours; internships may be in-person, remote or hybrid, depending on the needs of the team. Employment in the Board’s internship program is granted to U.S. citizens. Applicants must be currently enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship. Interns receive a syllabus or research project plan outlining their projects and goals for the internship. Interns are assigned a supervisor or mentor to guide them through their internship, and regular check-in meetings with their manager to manage performance expectations and assist with learning goals. Interns have access to a wide range of training programs and events for professional development purposes.

Qualifications - External

Principal Duties and Responsibilities

The Board of Governors of the Federal Reserve System's Office of Inspector General (OIG) conducts investigations of the Board and the Consumer Financial Protection Bureau’s (CFPB’s) programs and operations to prevent and detect fraud, waste, and abuse. The Investigative Intern will assist in conducting investigations of the Board and CFPB’s various programs and operations. For example, the OIG conducts investigations of employee misconduct or financial fraud associated with the supervision and examination responsibilities of the Board.

• Assists as a team member on investigations or other reviews.
• May support the team in conducting its planning activities for the applicable review to establish the appropriate objectives, scope and methodology, which is a key preliminary step in our reviews.
• May interface with other Board division representatives, Reserve Bank officials, or CFPB officials while executing roles and responsibilities.
• Assists in data gathering and analysis.
• Assists in preparing workpapers in support of team's reports. Also will assist the team in developing investigative plans, evaluating complaints, and reviewing evidence.
• Participates in report production and presentations to senior management, providing the opportunity to evaluate appropriateness of the findings and message(s) resulting from the review.

Find out more about the OIG:

• What We Do - https://oig.federalreserve.gov/investigations-what-we-do.htm
• FAQs - https://oig.federalreserve.gov/faq-about-oig.htm#investigations

Suggested Major(s)/Minor(s): Accounting, criminal justice, economics, finance, or information technology, either graduate or undergraduate.

Required Skills and Knowledge:

• Strong oral and written communication skills, data analysis skills, as well as intellectual curiosity and professional skepticism.
• Strong and highly adaptable problem solving skills.

Required Documents: Resume, two letters of recommendation.

Location: This internship will be primarily on-site, with occasional telework. 

US Citizenship is required for all Board internships and applicants must be current students, graduating from their program fall 2025 or later.

Keywords: #OIG, #CIGIE, #investigation, #criminaljustice

Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm