Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Internal Audit Intern image - Rise Careers
Job details

Internal Audit Intern

Intern role name: Internal Audit Intern 
Area of Talent: Internal Audit/Audit/Accounting/Business Administration 
Term: Spring 2025 
Office Location: NYC/Financial District 
Hourly Rate: Undergraduate $17.00 
  
About HDC 
The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency. HDC seeks to increase the supply of multi-family housing, stimulate economic growth, and revitalize neighborhoods by financing the creation and preservation of affordable housing for low-, moderate-, and middle-income New Yorkers. HDC’s programs support the construction and preservation of multi-family affordable housing in New York City. 
  
Position Summary:
The mission of the Internal Audit Department (“IAD”) is to provide independent, objective assurance, and consulting services designed to add value and improve the Corporation’s operations.  The IAD helps the Corporation accomplish its objectives by using a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.  The purpose of the IAD is to determine whether the Corporation’s systems of internal control, risk management, and governance processes, as designed and represented by management, are adequate and functioning in a manner to ensure:
  • Risks are appropriately identified and managed.
  • Employees’ actions comply with policies, standards, procedures, applicable laws, and regulations.
  • Resources are acquired economically, used efficiently, and are adequately protected.
  • Quality and continuous improvement are fostered in the Corporation’s control processes.
The Internal Audit Intern will report to the Deputy Director-Internal Audit and will learn, experience, and assist in a variety of hands-on internal audit processes.
 
Responsibilities: 
  • Develop internal audit skills by assisting the Internal Audit team with internal audit projects
  • Assist in the planning, fieldwork, reporting/wrap-up, and execution of all types of internal audit activities
  • Gain exposure to coordinating with auditees and senior leaders
  
Required Qualifications:  
  • Undergraduate junior or senior pursuing a Bachelor’s degree in a related field (i.e., Accounting, Business Administration, Finance, etc.)
  • Strong organizational, analytical, and problem solving skills
  • Strong verbal and written communication skills
  • Proficiency with Microsoft Office, specifically Outlook, Word, and Excel
  
It is strongly preferred that you submit a cover letter with your resume. You may also fax your resume and cover letter to (212)227-6816. 
  
HDC is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy. 
  
HDC is committed to the full inclusion of all qualified individuals. As part of this commitment, HDC will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please complete the reasonable accommodations section on the application or contact Human Resources by emailing jobs@NYCHDC.com.  

Average salary estimate

$35360 / YEARLY (est.)
min
max
$35360K
$35360K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Internal Audit Intern, New York City Housing Development Corporation

The New York City Housing Development Corporation (HDC) is excited to welcome an enthusiastic Internal Audit Intern to our dynamic team located in the Financial District of NYC for Spring 2025. This internship is a fantastic opportunity for undergraduate juniors or seniors who are pursuing a degree in Accounting, Business Administration, Finance, or a related field. As an Internal Audit Intern, you’ll engage closely with our internal audit department to enhance your skills through hands-on experience in various audit projects. You’ll play a key role in tasks ranging from planning and executing audit activities to reporting and wrapping up findings. Not only will you gain exposure by coordinating with auditees and senior leaders, but you’ll also contribute towards improving effective risk management and governance processes within the organization. We’re looking for individuals who possess strong analytical abilities and excellent communication skills that will empower you to thrive in a collaborative environment. Here at HDC, we’re passionate about creating and preserving affordable housing for New Yorkers while maintaining a commitment to inclusive and equitable practices. If you are excited to learn and grow in the field of internal audit, this is your chance to jump on board and make an impact with us!

Frequently Asked Questions (FAQs) for Internal Audit Intern Role at New York City Housing Development Corporation
What skills do I need to apply for the Internal Audit Intern position at HDC?

To be considered for the Internal Audit Intern position at the New York City Housing Development Corporation (HDC), applicants should possess strong organizational, analytical, and problem-solving skills. Additionally, proficiency in Microsoft Office, particularly Outlook, Word, and Excel, is essential. Strong verbal and written communication skills will also aid in effectively navigating interactions with senior leaders and auditees.

Join Rise to see the full answer
What kind of experience will I gain as an Internal Audit Intern at HDC?

The Internal Audit Intern role at HDC provides a hands-on learning experience where you'll assist in various audit projects, from planning to execution. Interns gain valuable insights into risk management, governance, and internal control processes within the organization. You'll work closely with the Internal Audit team, gaining exposure to coordinated efforts with senior leadership and contributing meaningfully to improving operational efficiency.

Join Rise to see the full answer
Who can apply for the Internal Audit Intern position at HDC?

The Internal Audit Intern position at HDC is open to undergraduate students, specifically juniors or seniors pursuing degrees in fields like Accounting, Business Administration, or Finance. If you have a passion for internal audit processes and a desire to learn and grow in a supportive environment, we encourage you to apply.

Join Rise to see the full answer
What is the term and hourly rate for the Internal Audit Intern position at HDC?

This internship term is set for Spring 2025, and the hourly rate for undergraduate interns is $17.00. It offers a significant opportunity for students to gain real-world experience while earning an income in the thriving environment of New York City.

Join Rise to see the full answer
How does HDC promote diversity and inclusion in its hiring process for the Internal Audit Intern?

HDC is committed to fostering a diverse workforce and providing an inclusive work environment. We actively encourage applicants from various backgrounds and offer reasonable accommodations for those who may need them during the application or interview process. This commitment ensures a fair and equitable hiring experience for all candidates applying for the Internal Audit Intern position.

Join Rise to see the full answer
What does the application process look like for the Internal Audit Intern at HDC?

Interested candidates should prepare to submit a cover letter along with their resume for the Internal Audit Intern position at HDC. Additionally, candidates may fax their application materials to the provided number. Though online applications are also common, having a distinct cover letter can enhance your chances of standing out during the selection process.

Join Rise to see the full answer
Can I work part-time while interning as an Internal Audit Intern at HDC?

The Internal Audit Intern position at HDC is typically structured to allow flexibility for students in academic commitments, providing an excellent opportunity for you to balance school alongside practical work experience. Be sure to communicate your availability during the interviews to find a suitable arrangement.

Join Rise to see the full answer
Common Interview Questions for Internal Audit Intern
What inspired you to pursue a career in internal audit, particularly with HDC?

When answering this question, convey your passion for risk management, compliance, and process improvement. Highlight what specifically draws you to HDC, such as their mission to enhance affordable housing. Be genuine and connect your academic pursuits with HDC's goals.

Join Rise to see the full answer
How do you handle tight deadlines during audit projects?

Share strategies on managing time efficiently when juggling tasks. Discuss prioritization, time blocking, and maintaining open communication with team members. Provide an example of a past experience where you successfully met tight deadlines.

Join Rise to see the full answer
Describe a time when you identified a problem during a project and how you resolved it.

Use the STAR method (Situation, Task, Action, Result) to structure your response. Focus on showcasing your analytical skills, how you approached the problem, and the positive outcome of your actions.

Join Rise to see the full answer
What are the key components of an effective internal control system?

Discuss essential elements like risk assessment, control activities, information and communication practices, and monitoring activities. Demonstrate understanding by linking components to HDC’s mission of responsible financial and operational governance.

Join Rise to see the full answer
How would you approach an audit with conflicting information from different departments?

Illustrate your ability to remain neutral and conduct thorough investigations. Discuss the importance of communicating respectfully with stakeholders and verifying information before reaching conclusions. Problem-solving and critical thinking are vital skills to highlight.

Join Rise to see the full answer
What tools or software are you familiar with that can assist in the audit process?

Share your proficiency with various software applications, particularly Microsoft Office suite tools like Excel for data analysis. If you know other auditing tools, mention them to demonstrate your readiness to contribute effectively to the team.

Join Rise to see the full answer
Can you explain a situation where you worked in a team and your role in it?

Provide an example that shows your teamwork skills and your proactive contributions. Emphasize your ability to collaborate effectively, resolve conflicts, and support team goals. Reflect on what you learned from the experience.

Join Rise to see the full answer
What do you believe is the most important quality for an internal auditor?

Discuss attributes such as integrity, attention to detail, and strong analytical skills. Justify your answer with reasoning and how these qualities align with HDC’s goals. Show that you understand the deeper impact these qualities have on operations.

Join Rise to see the full answer
How do you stay current with changes in regulations and best practices in the audit field?

Share strategies for professional development like attending seminars, following industry publications, or participating in relevant webinars. Demonstrating a commitment to continuous learning will position you as a proactive candidate.

Join Rise to see the full answer
Why do you want to intern at HDC specifically?

Articulate your admiration for HDC's mission to provide affordable housing. Mention how their initiatives resonate with your values and career aspirations, and express how you hope to contribute and learn through this internship.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Posted 2 days ago
Photo of the Rise User
Hudson River Trading Hybrid New York, NY, United States
Posted 22 hours ago
Dental Insurance
Disability Insurance
Flexible Spending Account (FSA)
Health Savings Account (HSA)
Vision Insurance
Performance Bonus
Paid Holidays
Photo of the Rise User
Posted 13 days ago
Photo of the Rise User
EVERSANA Hybrid Chesterfield, MO, United States
Posted 11 days ago
Photo of the Rise User
Posted 4 days ago
Photo of the Rise User
Chart Industries Hybrid Santa Clarita, California
Posted 13 days ago
OceanaGold Remote Dunedin, New Zealand
Posted 9 days ago
MATCH
Calculating your matching score...
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
LOCATION
No info
EMPLOYMENT TYPE
Internship, on-site
DATE POSTED
November 26, 2024

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!