Who We Are
As part of the FDIC, you'll use your financial acumen to take an active role in securing our banking system and protecting consumers. America needs its brightest, most dedicated citizens to help stabilize the economy and strengthen our future. Your talents truly are mission critical.
Ranked among the best places to work in government, the FDIC offers the excitement and pace of a private sector career, with the security and benefits of the Federal government. An inclusive atmosphere and incredible support for employees are what earned us #1 ranking in pay and family friendly culture and benefits in government.
Corporate Employee Program (CEP)
The CEP prepares the next generation of Financial Institution Specialists for a career in the rapidly changing financial industry. Over the course of this three-year excepted service internship program, you'll develop the flexibility to quickly deploy from one mission-critical effort to the next, proficient in an array of functions. You'll help keep financial institutions healthy for American citizens, monitoring to determine:
- Safe and sound practices, violations of law and regulation
- The adequacy of internal controls and procedures
- The general character of management
- Compliance with consumer protection, fair lending and civil rights laws and regulations, and the Community Reinvestment Act
The training you receive will prepare you to do incredibly important work that will help our nation regain financial security – including preparing reviews, providing analysis, monitoring processes, and more. You'll gain experience in various FDIC business lines, gaining basic corporate knowledge and skills transferable across Risk Management, Compliance and Resolutions and Receiverships. You'll gain the expertise you need to specialize, and be able to participate in assignments outside your particular focus.
You'll have access to the FDIC's comprehensive package of employee benefits and work/life programs. Some benefits are at no cost while others involve a premium or contribution, often on a pre-tax basis.
Locations & Assignments
Financial Institution Specialists work in all of our regions: Atlanta, Boston/New York, Chicago, Dallas/Memphis, Kansas City, San Francisco and Washington, DC. As part of the CEP, you will work out of a field office in one of our regions. Frequent travel is required for your assignments, training and rotations; you'll be reimbursed for your travel expenses by the FDIC.
This is a multi-functional training program, over the course of which you'll work in the field office (on risk management, consumer rights and community reinvestment compliance), work from the regional office in Dallas, TX to learn about resolutions and receivership activities, and participate in short programs in the Washington, DC headquarters, including a one-week orientation, a two-week program on insurance and research, and two weeks of classroom training with the introduction to examinations school. Occasional assignments and training outside your location are possible.
Qualifications & Requirements
All CEP participants must be U.S. citizens and meet certain levels of education and/or experience requirements. The program is focused on graduates of business and other related studies, and students with related work and study experience. Detailed requirement information can be found here: http://www.fdic.gov/about/jobs/corporateemployeeprogram.html