Financial Institution Intern (Compliance)

Financial Institution Intern (Compliance) at Federal Deposit Insurance Corporation · Other Agencies and Independent Organizations. Grade: 4-4. Applications close 2026-10-30.

Summary

The Financial Institution Internship (FII) is a one-year paid internship that may lead to a post-graduation employment offer as a Financial Institution Specialist. Financial Institution Interns will be assigned to the Division of Depositor and Consumer Protection (DCP). Internships will begin May 2027. Additional selections may be made from this announcement to fill identical vacancies that arise later.

Duties

• Interns will be engaged primarily in insured financial institution examinations. Under the direction and supervision of an Examiner or higher graded team member, the incumbent will participate in and/or independently perform the following: Assesses the adequacy and determines the strength of the Compliance Management System to ensure ongoing compliance as related to the particular regulation under review.
• Examines initial disclosures, periodic statement, advertisements, and other information to evaluate procedures and compliance with Truth in Savings, Electronic Fund Transfers, and Expedited Funds Availability.
• Reviews the Home Mortgage Disclosure Act (HMDA) loan application register for accuracy and assesses a bank's overall reporting procedures.
• Reviews adverse action notices for compliance with Fair Credit Reporting and Equal Credit Opportunity, and to gain a cursory exposure to applicable lending-related regulations.
• Participates in discussing the overall examination process, including evaluating the bank's Compliance Management System.
• Reviews applicable regulations and examination manual to become informed about the community Reinvestment Act (CRA).
• Examines a sample of residential, consumer, commercial and agricultural files to determine compliance with Flood Insurance requirements.
• Prepares a summary of each performance factor describing why rating was assigned.
• Program Completion and Conversion Eligibility: Conversion is not automatic nor guaranteed. After successful completion of the program requirements and based on the FDIC's needs, you may be non-competitively converted to the Financial Institution Specialist (Compliance), CG-570-7 position in the competitive service with promotion potential to the CG-13 grade level.
• For more information regarding the FII program, visit: Financial Institution Intern Program | FDIC.gov.

Qualifications

To be eligible, applicants must meet the following requirements by the closing date of this announcement: Have completed two full academic years in an accredited college/university degree program. Be seeking a degree at an accredited college/university with a MAJOR in accounting, banking, business administration, commercial or banking law, economics, finance, marketing, or other fields related to the position (Major should be documented in the transcript or proof of enrollment). Have an overall GPA of 3.0 or higher on a 4.0 scale Note: OPM guidance rounds GPAs to one decimal place (e.g., 2.95 = 3.0; 2.94 = 2.9).

Resume Content Required for Qualification Determinations For each position on your resume, include: Employer name; Title; Series and grade (federal jobs only); Start and end dates (month/year); Hours per week; Relevant experience supporting your specialized experience responses. Education information Name of school/institution Degree type Grade point average (GPA) Important: If your resume is missing these details, your application may be marked incomplete, and you might not be considered for this job. Do not copy/paste duties or from this announcement into your resume; that will not be considered a demonstration of your qualifications.

Education

You must meet the educational requirement to qualify for this internship. Your undergraduate or graduate-level education must be in one of the following major fields of study: Accounting Banking Business Administration Commercial or Banking Law Economics Finance Marketing Other major fields of study directly related to the position Due to the education requirement of this position, an official or unofficial transcript must be submitted at the time of application. If transcripts are not received, you will be rated as ineligible.

How to apply

To begin, click the "Apply" button and follow the prompts. If you haven't already, register and establish a USAJOBS account. After you register online, click the "Apply" button to complete the online assessment questionnaire, and submit all required documents. Please be sure to click "Submit Application" to complete the application process. You must apply online. To return to your saved application, log in to your USAJOBS account and click on "Applications" tab. Click on the "Position Title," and then select "Update Application" or "Additional Application Information" to continue. You have until 11:59 p.m. ET (Eastern Time) on the closing date (10/30/2026) of this announcement to complete the application process. Please ensure you have completed the application process by verifying the status of your application on-line to reflect: "Received". Failure to complete the application process will result in an incomplete application and you will not be considered for the position.

If you are required to complete any USA Hire Assessments, you will be notified after submitting your application. The notification will be provided in your application submission screen and via email. The notification will include your unique assessment access link to the USA Hire system and the completion deadline. Additionally, in USAJOBS you can click "Track this application" to return to your assessment completion notice. Access USA Hire using your unique assessment link. Access is granted through your USAJOBS login credentials. Review all instructions prior to beginning your assessments. You will have the opportunity to request a testing accommodation before beginning the assessments should you have a disability covered under the Rehabilitation Act of 1973 as amended. Set aside at least 3 hours to take the USA Hire Assessments; however, most applicants complete the assessments in less time. If you need to stop the assessments and continue later, you can re-use your unique assessment link. Your responses to the USA Hire Assessments will be reused for one year (in most cases) from the date you complete an assessment. If future applications you submit require completion of the same assessments, your responses will be automatically reused.