Intern, Internal Audit

Job Description

Internal Audit Intern (Summer 2027) | Forbright Bank

The Tone:
This is a seasonal internship at Forbright Bank, a full-service financial institution based in Chevy Chase, MD, operating on a hybrid work model with 4 days per week in-office. Forbright is a nationwide bank and commercial lender dedicated to building a brighter future for its clients and the communities it serves. This role is essential for supporting the Internal Audit team in performing control testing and conducting reviews across business operations, regulatory compliance, and internal controls over financial reporting, contributing to the bank’s commitment to sound practices and risk management.

The TL;DR
• Role: Internship
• Type: Seasonal
• Location: Hybrid – Chevy Chase, MD (4 days per week in-office)
• Pay: $20–$30 hourly
• Team: Reports to the VP of Internal Audit, working closely with audit leadership and other key stakeholders.
• Mission: To support the Internal Audit team in ensuring sound business operations, regulatory compliance, and effective internal controls through comprehensive testing and reviews.
• Tech Stack: Microsoft Office tools (Outlook, Word, PowerPoint, Excel)

What You’ll Actually Do
• Collaborate with the Internal Audit team to support departmental objectives in a team-oriented environment.
• Participate in walkthroughs of key processes to gain a comprehensive understanding of risks impacting processes and controls, financial statements, and related disclosures.
• Conduct assessments of the design and operating effectiveness of internal controls, documenting findings in clear, logical, and well-supported workpapers.
• Assist in executing audits in alignment with departmental procedures and professional internal audit standards, including conducting interviews, analyzing procedures and controls, preparing workpapers, and contributing to audit recommendations.
• Support the development and evaluation of AI-enabled tools and agents to improve audit planning, control testing, documentation, reporting, and risk identification activities.

The Must-Haves
• Background: Entry-Level. Currently pursuing a Bachelor’s Degree in Accounting or a related field.
• Experience: Required experience with artificial intelligence (AI) and/or data analytics; no specific years of experience are listed.
• Skills: Strong analytical skills (quantitative and qualitative), proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel), excellent verbal, written, and interpersonal communication skills, strong organizational skills and attention to detail, outstanding problem-solving and time management skills.
• Bonus: Interest in or prior experience with banking or financial institutions is strongly preferred.