Remarks:
This internship position will:
Support 13 economists (within Policy Research Analysis) with their independent research. Research topics may vary widely.When priorities necessitate, support Policy High Priority initiatives.The ideal hire will possess:
Some prior experience with databases or SQL.Some familiarity with statistics software (ex: SAS, R, STATA).US Citizenship is required for all Board internships
Applicants must be current students enrolled in a degree seeking program
This position requires a combination of hybrid and in-person presence in our Washington DC office
Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm
The People Strategy Operations (PSO) Workforce Analytics team analyzes workforce data to uncover trends and anomalies that help leaders make data-driven decisions and inform future initiatives and strategy. They are seeking an intern to help with project management, planning, communications, data analysis, testing and research.
Projects include:
Assisting with testing and quality assurance work related to data, data repositories, integrations, etc.Making recommendations for data visualization Assisting with developing tools and reports Leverage data sets and graphical representations of dataWriting and editing knowledge articles (i.e. online help) and other documentation in support of the Workforce Analytics team and its customersExploring/researching artificial intelligence trends in workforce analytics and other human capital management areasHelping to organize, plan, track and report out on project statusesPreferred Skills:
Research Analysis Records ManagementCustomer ServiceBusiness AnalysisCommunicationsMS Office SuiteSharePointThe selected intern will be available to work a minimum of 15-20 hours per week during the school year and full-time during breaks.
Ideal majors/minors for this role include data analytics, data science, economics, statistics, finance, HR Analytics, information science, and business analytics.
Applicants should submit analytics samples like a dashboard, reporting or personal project.
Interviewees should be able to walk the interview panel through a project where they have used data to solve a problem.
US Citizenship is required for all Board internships.
This position is hybrid requiring a combination of telework and in-office presence in Washington DC.
The Business Operations, Planning, and Analysis (BOPA) Section provides operational, analytical, and strategic program management support to the division's budgeting, human resources, strategic planning, facilities, procurement, and other administrative functions. The BOPA intern will assist with updating the division’s budget, travel, and business resources dashboards using the process outlined in the standard operating procedure (SOP). The intern will perform quality assurance reviews to ensure data accuracy and analyze data to identify trends or observations. The BOPA intern will research data visualization best practices to improve how data is presented to officers, managers, and staff. The intern will update SOPs and support the development or maintenance SharePoint Online sites and Microsoft Access databases. The intern will also support the development of presentations to facilitate cross-functional learning across the division. This is a year-round internship with an expected start date in the Summer of 2024. The intern is expected to work 40 hours/week during the summer and a maximum of 20 hours/week during the school year.
Competencies/Learning Objectives: Teamwork; communication; data-driven decision making, data analysis, data visualization; critical thinking, and learning agility.
Suggested Major/Minor: Computer Science, Data Analysis, or Finance/Accounting
Required Skills and Knowledge: MS Office and Advanced Excel (e.g., VBA programming)
Preferred Skills: Experience with data visualization tools (e.g., Tableau, Power BI); R, SAS, or SPSS; accounting; statistical analysis; and data interpretation
Required Documents for application: Resume and writing samples
This internship offers a hybrid work environment that requires an on-site presence. The intern will need to reside in the Washington, DC area during their internship with the expectation that they will work from the office a minimum of six days per month. There will be NO EXCEPTIONS for full time telework.
US Citizenship is required for all Board internships and applicants must be current students, graduating from their program Spring 2026 or later.
Keywords: #Tableau, #data analysis, #data visualization, #business intelligence, #data analytics, #statistical analysis
Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm
US Citizenship is required for all Board internships and applicants must be current graduate-level students, graduating from their program Spring 2026 or later.
About the Team
The Workforce and Workplace Management (WWM) team in the Division of Supervision and Regulation aligns workforce development strategies and talent management programs with the strategic plans and priorities of the Division and Federal Reserve Board.
The WWM team’s mission is to support strategic initiatives within SR and the System by overseeing the implementation of various Board workforce planning and human resources programs. These programs include conflicts of interest (COFI), performance management, position management, rewards and recognition, teleworking and alternative work schedule programs, job rotation programs, student internships, onboarding programs and workforce analytics. Additionally, WWM's role focuses on providing strategic consultation to SR management team(s) and ensuring that these programs are implemented based on industry best practices and in line with the Board's policies.
About the Role
The WWM team is seeking a year-round graduate student intern to help support and manage several projects, research and administrative work in the Division of Supervision Regulation. The intern will primarily focus on the administration of the conflicts of interest (COFI) program. This is a great opportunity for a graduate student with an academic focus in law, finance, public policy or public administration. The selected individual will complete assignments pertaining to conflicts of interest and all aspects of an embedded talent management team.
Responsibilities include:
Provide support to the cross-sectional Conflicts of Interest (COFI) program.Assist the program manager and designated ethics officer in addressing specific conflicts of interest and compliance matters within the Board and Federal Reserve Banks.Support the administration of ethics and conflicts of interest training and maintain necessary training materials, procedures, FAQ’s.Support the review of confidential financial disclosure reports and related documents and assist financial disclosure filers to ensure reporting requirements are understood and necessary information is reported accurately.Process credentials for staff conducting bank examinations/inspections and facilitate conflicts checks for Board and Federal Reserve Banks.Talent management support, including but not limited to the following areas:
Recruitment/onboardingRewards recognitionInternship programmingPerformance managementWorkday data entry and talent management administrationDrafting communications, research of best talent management practices, program improvement, and evaluation.Managing various SharePoint sites, lists, and librariesParticipation in special projects as assigned; may implement project recommendations.Over the course of the internship, the student will:
Improve upon written and presentation skills;Improve upon analytical skills;Participate in creating leadership and staff development recommendations;Suggest process, policy and program enhancements;Gain experience in both COFI and talent management programming.Suggested Education/Major: Pursuing graduate level degree in human resources, law, finance, public policy, public administration, business management, or related field.
Required Skills/Knowledge
Exceptional organizational skills and attention to detail;Strong verbal and written communication skills;Ability to work collaboratively in teams;Strong critical thinking, analytical, and problem-solving skillsExcellent time management and organizational skills;Ability to exercise a high degree of confidentiality in all areas of responsibilities.Demonstrated interest in Ethics, Compliance, and Legal matters.Preferred Skills/Knowledge:
Proficiency in Microsoft Office SuiteAdditional Notes
Anticipated Work Hours: During the summer, 40 hours per week; during the school semesters, min 15-20 hours per weekAnticipated Start Date: January 2025Anticipated Work Environment: This internship can be completed fully remote OR in a hybrid capacity in Washington, DC.About the Role
The Client Engagement and Strategy team has a highly visible and strategic role within the Supervision and Regulation function that engages and supports business stakeholders in strategic planning, portfolio management, and client engagement. As part of this position, the intern will gain valuable insight into SR's strategic planning process, business relationship management, and portfolio management disciplines. The position is with a team that has a high degree of exposure to the Supervision function and SR division.
Responsibilities include:
Working with senior leadership to understand strategic business needs and take those needs to clearly identify strategic alignment, desired outcomes, and potential resource and budget needs.Supporting the teams' work with business portfolios consisting of senior leaders across the Division and SystemAssist with other work including communications, coordinating meeting logistics, developing agendas, supporting and documenting business decisions.Suggested Majors:Candidate must be pursuing a graduate level degree inBusiness Administration (MBA candidate), Public Policy (MPP candidate), Government, or another related field of study.
Required Skills/Experience:
Strong business analysis and communications skillsStrong facilitation skillsExperience working with Microsoft SharePointExperience developing executive-level presentationsDemonstrated strategic thinking abilitiesAdditional Notes:
Anticipated Work Hours:10-20 min hours/week during school year, 40 hours/week during summerAnticipated Start Date: January 2025Anticipated Work Environment: This position can be completed fully remote or in a hybrid capacity in Washington, DC.U.S Citizenship is required for all Board internships and applicants must be current students, graduating from their program Fall 2025 or later.About the Team
The Workforce and Workplace Management (WWM) team in the Division of Supervision and Regulation aligns workforce development strategies and talent management programs with the strategic plans and priorities of the Division and Federal Reserve Board. The team serves as consultants to senior leaders regarding matters related to talent management, workforce planning strategies and implementation plans for section specific, Division, and Federal Reserve System initiatives.
About the Role
The WWM team is seeking a year-round graduate student intern to help support and manage several projects, research and work related to workforce analytics in the Division of Supervision Regulation. The intern will work closely with section staff and management to research, ingest, and interpret data sets relating to the workforce and talent management.
Responsibilities include:
• Assist with data extraction, cleaning, and preparation;
• Assist with development of data visualizations in Tableau;
• Assess the effectiveness and accuracy of new data sources and data gathering techniques;
• Develop processes and tools to monitor and analyze model performance and data accuracy;
• And work with stakeholders throughout the organization to identify opportunities for leveraging company data to drive business solutions.
Over the course of the internship, the student will:
• Gain experience in working with multiple data sources and databases;
• And have the opportunity to learn more about people analytics and workplace culture.
Requirements
Suggested Major/Education: Must be a first-year graduate student, or entering their first year pursuing a graduate degree in an Industrial Organizational Psychology, Human Resources, Data or Computer Science Program, or closely related graduating in May 2026 or later
Has an undergraduate degree in any of the following areas: psychology, mathematics, statistics, or computer scienceRequired Skills/Knowledge:
Must have strong analytical skillsMust have at least one course in quantitative research such as statistics or applied researchMust have courses or experience in machine learning, data mining, regression, generalized linear models, experimental design, and/or GISMust have in depth Excel skills and be incredibly competent in Microsoft Office SuitePreferred Skills/Knowledge:
Experience in Tableau, SQL, Python or R preferredInterest in people analyticsExperience in Workday and SharePoint preferred, but not required.Anticipated Work Hours: During the summer, 40 hours per week; during the school semesters, 20-40 hours per weekAnticipated Start Date: May or June 2025Anticipated Work Environment: This internship can be completed fully remote OR in a hybrid capacity in Washington, DC.US Citizenship is required for all Board internships and applicants must be current students, graduating from their program Spring 2026 or later.
About the Team Internship
The RBOPS Technology Lab (TechLab) delivers expertise on payment innovations to Federal Reserve decision makers by researching and conducting hands-on experimentation with technologies broadly relevant to payments, clearance, and settlement. The year-round TechLab intern will support the team’s ongoing payment technologies research work. Potential projects would focus on topics such as blockchain technology, digital assets, artificial intelligence and machine learning, and data analysis. Specific projects will depend on the intern’s knowledge and academic areas of interest. The TechLab expects that the year-round intern will contribute written work and some code product (i.e., Python, R, or JavaScript) as part of their assignments.
Expected Start Date: January 2025, continuing through at least the end of the summer.
Expected Hours: 20 hours/week during school year, 40 hours/week during summer
Qualifications/Requirements
U.S. citizenship requiredCurrently enrolled in a graduate degree program, or will be enrolled by the time the internship begins and graduating no earlier than August 2025.Seeking a degree in economics, mathematics, computer science, operations research, financial engineering, or other quantitative disciplineRequired Skills and Knowledge: Ability to conduct and produce high-level research, demos, and presentations. Familiarity with at least one programming language (Python, Java, R, C /#, etc.) Experience with at least one operating system (Linux, Ubuntu, Windows, etc.)Analysis: Business, Communcation, Network, Programmer, ResearchApplications: MS Office Suite, SharePointProgramming: C#/ , Java/JQueryPreferred Skills: Experience with different machine learning algorithms or statistical methods. Previous experience with AWS products (EC2, CodeCommit, etc.) and blockchain networks (Ethereum, Solana, Hyperledger, etc.)Must be committed to working a 40-hour work week for 10-12 weeks during summer 2025
Competencies/Learning Objectives: Develop expertise in emerging technologies related to payment systems and financial services. Gain a working knowledge of different technical and statistical methods commonly used in both current and future payment systems. Develop proficiency in one or more programming languages or operating systems.
Qualifications/Requirements
U.S. citizenship requiredCurrently enrolled in a graduate degree program, or will be enrolled by the time the internship begins and graduating no earlier than August 2025.Seeking a degree in economics, mathematics, computer science, operations research, financial engineering, or other quantitative disciplineRequired Skills and Knowledge: Ability to conduct and produce high-level research, demos, and presentations. Familiarity with at least one programming language (Python, Java, R, C /#, etc.) Experience with at least one operating system (Linux, Ubuntu, Windows, etc.)Analysis: Business, Communcation, Network, Programmer, ResearchApplications: MS Office Suite, SharePointProgramming: C#/ , Java/JQueryPreferred Skills: Experience with different machine learning algorithms or statistical methods. Previous experience with AWS products (EC2, CodeCommit, etc.) and blockchain networks (Ethereum, Solana, Hyperledger, etc.)Must be committed to working a 40-hour work week for 10-12 weeks during summer 2025
Required Documents for Application (upload prior to submission): resume, cover letter, unofficial transcript
Intern Benefits
Access to LinkedIn Learning R programming coursesProfessional development and networking opportunitiesFlexible scheduleDining options on-siteOn-site fitness centerPublic transit benefitsLocation:must be in the office a minimum of 6 days/month, aligning with the division's requirements.
Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm
Technology Services (TS) seeks Data Science, Data Engineer, and Data Architect majors with academic and/or work experience in Data Management, Data Governance, or Data Science. The internship is the ideal opportunity to work in an environment where transformation and organization change management intersect with human resources, financial, and other technology systems. The applicant will support existing Data Management program initiatives. The applicant will help support master data integrity processes and procedures for critical systems as well as maintain the processes that support the data quality initiatives. The applicant in collaboration with subject matter experts and data stewards, will assist in defining, implementing, and monitoring data strategy, policies, controls, and programs to ensure the enterprise data is accurate, complete, secure, and reliable. The applicant will learn how to critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to a general understanding, and distinguish user requests from the underlying true needs. The applicant should have a working understanding of data governance framework, policy, and standards. The applicant should have some experience performing ETL activities such as importing spreadsheets and csv files into databases and running queries. The applicant must be motivated to develop career skills, which align with business and technology through people, process, and tools. The position requires strong interpersonal skills, self-motivation, excellent written and oral skills, and a customer centric approach. The applicant must be able to excel on individual as well as team assignments.
Preferred Skills:
CollibraETL appsJava/jQuery Programming.NET ProgrammingSQL ProgrammingPython WebThis position is hybrid requiring a combination of telework and in-office presence in Washington DC.
About This Role
As a User Experience (UX) Analyst intern, you will work in the Application Development area of the Information Technology Division and will provide support to software development teams working on a variety of automation projects. You will work closely with team members to help conduct research and propose design recommendations that meet end-user goals and needs.
What You’ll Be Doing
User Experience Analyst interns support teams in
· Helping to conduct user research to identify user needs and goals, task flows, and stakeholder attitudes and requirements
· Assisting in preparing research findings and recommendations for appropriate audiences (stakeholders, development team, designers, etc.)
· Learning to apply principles of interaction design, including learnability, predictability, consistency, and feedback
· Learning the basics of accessibility and inclusive design and how it applies to websites and applications
· Developing an understanding of building front-end code prototypes, front-end design frameworks, and design systems, and much more
Previous User Experience Analyst interns had the opportunity to contribute to projects related to
· Adobe Experience Design (XD) Branding Guidelines
· Workforce Development STEM Engagement
· Individual User Experience Research Projects
· IT Division Website Redesign
Through these projects, you will gain experience user experience research and design, system development life cycle methodologies, to help determine if a career in user experience is for you.
How You’ll Make an Impact
Our mission matters. It includes promoting a strong economy for the American people by fostering stability, integrity, and efficiency of the nations’ monetary, financial, and payment systems. As an intern at the Federal Reserve Board, you will have the opportunity to contribute to this mission.
Education Requirements: The IT Internship requires a minimum of two years of college coursework in computer science, information systems, digital media, or other related disciplines.
This internship may be completed remotely, or in a hybrid capacity at the discretion of the selected candidate.
US Citizenship is required for all Board internships and applicants must be current students, graduating from their program fall 2024 or later.
As a Technical Support intern, you will work in the Enterprise Infrastructure area of the Information Technology Division and will provide support to infrastructure teams responsible for supporting the desktop environment including workstations, laptops, tablets and mobile devices. You will work closely with team members to provide technical support to end users and troubleshoot issues.
What You’ll Be Doing
Technical Support interns support teams in
· Troubleshooting mobile device issues
· Diagnosing performance and interoperability issues
· Installing and configuring software on end-user devices
· Provisioning devices (laptops, tablets, mobile devices)
Previous Technical Support interns had the opportunity to contribute to projects related to
· Building common off the shelf (COTS) software packages
· Testing new software release compatibility against the common operating environment (COE)
· Imaging, configuring, and deploying laptops, desktops and mobile devices
· Providing technical troubleshooting support on computers
· Contributing to the hardware inventory management and revalidation process
· Artificial Intelligence / Machine Learning (AI/ML)
Through these projects, you will gain experience with various devices associated with the desktop and mobile environments, end-user support, and have the opportunity to determine if a career in desktop engineering and end-user support is for you.
How You’ll Make an Impact
Our mission matters. It includes promoting a strong economy for the American people by fostering stability, integrity, and efficiency of the nations’ monetary, financial, and payment systems. As an intern at the Federal Reserve Board, you will have the opportunity to contribute to this mission.
Education Requirements: The IT Internship requires a minimum of two years of college coursework in computer science, information systems, or other related disciplines.
This internship may be completed remotely, or in a hybrid capacity at the discretion of the selected candidate.
US Citizenship is required for all Board internships and applicants must be current students, graduating from their program fall 2025 or later.
As a System Engineer intern, you will work in the Enterprise Infrastructure area of the Information Technology Division and will provide support to infrastructure teams responsible for maintaining and enhancing the enterprise computing environment. You will work closely with team members to provide network engineering services, including design, installation, and enhancement of local and wide area network infrastructures and enterprise server, application and system management services.
What You’ll Be Doing
System Engineer interns support teams in
· Troubleshooting issues related to network appliances, infrastructure hardware and software, web services and enterprise applications
· Monitoring web services, network and server performance
· Supporting backend systems such as database, e-mail and server operating environments
· Upgrading servers, routers and switches
· Developing scripts to support the above activities, and much more
Previous System Engineer interns had the opportunity to contribute to projects related to
· Artificial Intelligence / Machine Learning (AI/ML)
· Utilizing Solarwinds, a network monitoring suite of tools
· Installing, configuring, and migrating systems to be monitored with Zabbix
· Contributing to the firewall revalidation process
· Mapping of network equipment migration
Through these projects, you will gain experience with various network and enterprise infrastructure systems and have the opportunity to determine if a career in network and server infrastructure engineering is for you.
How You’ll Make an Impact
Our mission matters. It includes promoting a strong economy for the American people by fostering stability, integrity, and efficiency of the nations’ monetary, financial, and payment systems. As an intern at the Federal Reserve Board, you will have the opportunity to contribute to this mission.
Education Requirements: The IT Internship requires a minimum of two years of college coursework in computer science, electrical engineering, information systems, or other related disciplines.
This internship may be completed remotely, or in a hybrid capacity at the discretion of the selected candidate.
US Citizenship is required for all Board internships and applicants must be current students, graduating from their program fall 2025 or later.
The Facility Business, Technology, and Sustainability section is responsible for providing cutting edge facilities technology, efficient business processes, and a world-class sustainability program. The sustainability specialist intern will be exposed to all aspects of the Board’s sustainability program. The intern will work with the team to review design and construction of capital construction projects, perform greenhouse gas calculations, develop projects and policies to support the sustainability program, analyze sustainability data, develop presentations, research best practices for waste and recycling, lead initiatives, and contribute to communication campaigns.
Preferred Skills
CommunicationsBusinessMS Office Suite
This position is hybrid requiring a combination of telework and an in-office presence in Washington DC.
Majors/Academic Programs: Pursuing a degree in economics, finance, or related field (e.g. statistics, computer science,mathematics, business).
Skills/Knowledge: Previous research and statistical programming (Stata, R, Python, Matlab, SAS, machine learning, other) experience is a plus, but not required.
Location: Hybrid (2-3 days on-site/week)
- U.S. citizenship required
- You must be a current undergraduate or graduate student, graduating fall 2025 or later
Application Instructions/Required Documents
No later than 11/3/2024, complete the following:
attach to your profile.
The Organizational Development Learning (ODL) section works to improve organizational performance and employee productivity at the Board by creating and supporting opportunities for Organization Development within and across divisions and creating a Learning environment for Board employees. They are seeking an intern to:
Provide support to the overall functioning of the ODL section within the People, Strategy and Operations branch. Support the ODL team with projects related to large-scale change management initiatives, leadership and career development. Support and shadow ODL team to gain practical experience in consulting with client divisions on OD and learning interventions. Research and share best practices around engagement, career development, and leadership, particularly the introduction of new tools, models and methodologies. Assist with meeting scheduling and logistics and synthesis of next steps from meetings.Preferred candidates will be in their junior or senior year of undergraduate studies or in a graduate program with a focus on organization development, industrial/organizational psychology, human resources management, human resource development, adult learning, or a related field.
Preferred Skills:
ResearchBusiness AnalysisCommunicationsMS Office SuiteUS Citizenship is required for all Board internships and applicants must be current students, graduating from their program fall 2025 or later.
This position is hybrid and requires a combination of telework and an in-office presence in Washington DC.
The Facility Business, Technology, and Sustainability section is responsible for providing cutting edge facilities technology, efficient business processes, and a world-class sustainability program. The Facilities Information Management (FIM) intern will be exposed to all aspects of the collection, storage, analysis, and quality assurance of facilities related data. They will have hands on experience with the implementation of a new integrated work management system (IWMS) supporting tasks such as data mapping and creating standard operating procedures, workflow diagrams, and training aids. The FIM intern will also help support and create dashboards and reports along with developing metrics to measure effectiveness and usage.
Preferred Skills:
Good OrganizationRecords ManagementBusiness AnalysisQuality AssuranceMS Office SuiteThis position is hybrid and requires a combination of telework and an in-office presence in Washington DC.
The Data Governance Strategy Intern will help build the technology stack in support of the Board's metadata management environment.
Must be a "self-starter" with experience working with knowledge graph technologies. Will work with staff to support metadata products. Technical skills include the following:
Experience working in a Linux/UNIX environment.Data visualization skills required (including experience working with D3).Programming skills required include Python, JavaScript, and R. Knowledge of PerlKnowledge of Blockchain technologies with an eye towards data provenance.Additional requirements include the following:
Pursuing a master’s degree in information management or data science.Excellent speaking and presentation skills (incl. PowerPoint).Excellent organizational, statistics analytics, teamwork, and interpersonal skills.Able to deliver results despite seemingly difficult conditions; able to find ways to overcome complex and difficult barriers and situations.Preferred Skills:
Business AnalysisCommunicationFinancial AnalysisResearch AnalysisC# ProgrammingJava/jQuery ProgrammingNET ProgrammingSQL ProgrammingXML ProgrammingHTXL WEBRemarks:
US Citizenship is required for all Board internships.Applicants must be current students enrolled in a degree seeking program.Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm
The Business Operations team is responsible for streamlining processes between the construction and operations section of Facility Services. The Business Operations intern will provide administrative and analytical support for the facility management function in day-to-day operations. This individual will assist with the planning and development of comprehensive programs and projects for the organization. This position requires strong communication, analytical and organizational skills.
Preferred Skills:
Research and Business analysis Good organization, communications and research skillsFamiliarity with MS Office Suite, SharePoint and Adobe CSThis position is hybrid and requires a combination of telework and an in-office presence in Washington DC.
Technology Services (TS) seeks business and technology majors with academic and/or work experience in Business, Accounting, Information Technology, or Information Management/Information Systems. The internship is the ideal opportunity to work in an environment where transformation and organizational change management intersect with human resources, financial, and other technology systems. The intern will support Planning, Governance, and Innovation (PGI) initiatives. Interns will be expected to create or modify business processes or procedures in support of business relations, information technology service management (ITSM), or governance and compliance. Assignments may involve engaging with senior management and staff within PGI. The applicant must possess strong analytical and organization skills and a demonstrated ability to communicate effectively, both orally and in writing. In addition, attention to detail and the ability to demonstrate adaptable problem-solving skills and follow through are important. As the applicant will be working cross-functionally to solve problems and implement changes, the ability to handle multiple tasks and organize the work for self is critical. Knowledge of SharePoint is preferred.
Preferred Skills:
Good communication.Customer Service OrientedSome Records ManagementBusiness AnalysisResearchMS Office SuiteSharePointThis position is hybrid and requires a combination of telework and an in office presence in Washington DC.
The Systems and Operational Resiliency Policy (SORP) section is responsible for establishing the policy framework for operational resilience related risk to supervised institutions. The section promotes a financial system that is operationally resilient and ready to tackle cybersecurity risks, safeguard systems and critical financial infrastructure, and address emerging technology risks. The section provides policy analysis and research for supervisory oversight of the national program for the largest service providers.
The primary responsibilities of this position involve assisting with several data-related projects, initiatives, and priority proposed rulemaking for the SORP team. The SORP team creates, refines, and communicates policy related to the operational resilience of the financial sector from varied operational risks, including cybersecurity risks. SORP also helps to oversee cyber incident response work throughout the FRS. In support of these objectives, SORP provides oversight for several datasets, related to cybersecurity and service provider risk, and pursues independent policy research to support policymaking and incident response efforts.
The primary duties of this role include:
• Assisting with data governance and oversight, including assistance with improving data quality for several datasets overseen by SORP
• Developing tools and reports to help staff interact with data, including reports and dashboards
• Providing assistance with policy research and analytics tied to proposed rulemaking and guidance utilizing techniques such as network analysis, multiple regression analysis, and text analysis/natural language processing
Applicants majoring in economics, statistics, mathematics, or cybersecurity-related fields are encouraged to apply. Applicants outside of these areas with data science or research skills will also be considered. Graduate level or above preferred, but not required.
This role will offer the opportunity to develop research and analytic skills, including the possibility of co-authorship or contribution to published research papers. The successful applicant will also have the opportunity to become familiar with multiple Federal Reserve bank data series. The successful applicant will have the chance to apply critical thinking and creativity to studying, utilizing, and summarizing information taken from multiple large datasets. This role will provide the opportunity to meaningfully impact the use of cyber risk data for policy research and supervision. Lastly, this role will provide the opportunity to network with leaders, cybersecurity analysts, and economists at the Board of Governors and throughout the Federal Reserve System.
Policy Planning coordinates and manages contributions to domestic and international working groups, analyzes longer-term fundamental shifts in the policy environment, and keeps policy leaders informed on forward-looking topics.
Primary responsibilities of the role:
Help build the technical infrastructure that provides the ability to identify topics and trends that may have a medium-term impact on banks, the broader economy, and international coordination.
Collaborate within the Section to develop techniques to more rapidly visualize impactful results.
Develop repeatable data analyses, visualizations, or workflow automation routines to identify signals of change in the economic, social and technological environment by integrating data from outside sources, sectors, and fields.
Learning objectives for the intern:
Direct application of data science and data visualization tools to the policy making process
Use NLP tools to process large amounts of text data, extract key topics, and produce relevant charts and visualizations
Understanding of SR strategy and workflow
Exposure to SR policy leaders
Significant Coursework in Computer Science, Data Science, Mathematics, Statistics, Economics, or Statistics, Economics, or a related field. Coursework in Economics, Finance, and Public Policy are a plus. Key competencies: Must be proficient in at least two of the following programming languages: Python, R, or Stata. Experience building natural language processing (NLP) tools, accessing structured and unstructured data via application programming interfaces (APIs) and/or web scrapping technology, and leveraging NLP and/or generative artificial intelligence for data analysis are all a plus. Demonstrated experience in building visualizations, including dashboards, interactive websites, and/or standalone reports. Experience creating and evolving physical and logical data models; creating diagrams and technical documentation; contributing to the development of data management and governance practices; and expanding data security and privacy controls.
Preference for a college senior or graduate student pursuing a quantitative degree.
About the Team
The Policy Effectiveness and Assessment team assesses the costs and benefits of banking regulations for the Federal Reserve Board. It also carries our research in banking and related fields. The intern will assist with ongoing staff work related to rulemakings and economic research. The intern will help gather and organize data, perform statistical analysis and help with preparing tables and figures presenting results. The intern will also help carry out background research on related topics, as well as policies and procedures related to the performance of such work.
Remarks
Expected Projects: Assist team members with ongoing research, including by gathering and organizing data. Contribute to ongoing analysis of rulemakings, potentially including efforts related to the Basel III Endgame capital proposal or the Long-term debt proposal.
Competencies/Learning Objectives: Data organization; data analysis; research; literature review.
Suggested Major/Minor: current undergraduate or graduate student in Economics, Finance, Data science or a related field.
Required Skills and Knowledge: Coursework in economics or finance.
Preferred Skills: Experience with statistical packages, such as Stata or R.
Required Documents for application: A copy of an unofficial transcript.
Location: The internship is to be completed in a hybrid capacity, with in office expectations of at least two days a week.
US Citizenship is required for all Board internships and applicants must be current students, graduating from their program fall 2025 or later.
Keywords: #banking, #regulation, #economics, #cost-benefit analysis
About the Role
Assigned projects may differ based on the skills and interests, but could include:
Monitoring and synthesizing developments in crypto-asset and fintech industries to report out to Fed leadership;Conducting quantitative analysis of trends in crypto and fintech industries; andDeveloping institutional profiles for non-supervised financial entities of interest to the Novel Activities Supervision Program.Over the course of the internship, the student will:
hone their analytical and communication (written and oral) skillsdevelop subject matter expertise in banking, crypto-assets, and fintechSuggested Major/Education: Economics, finance, business, computer science, or another related field of study
Required Skills/Knowledge
Demonstrated experience in research and quantitative analysisInterest in banking, crypto-assets, and fintechDemonstrated knowledge of finance, accounting or economicsAnticipated Work Environment: This internship will be completed in a hybrid capacity in Washington, DC.
US Citizenship is required for all Board internships and applicants must be current students, graduating from their program Fall 2025 or later.
About the Role
Assigned projects may differ based on the skills and interests, but could include:
Monitoring and synthesizing developments in crypto-asset and fintech industries to report out to Fed leadership;Conducting quantitative analysis of trends in crypto and fintech industries; andDeveloping institutional profiles for non-supervised financial entities of interest to the Novel Activities Supervision Program.Over the course of the internship, the student will:
hone their analytical and communication (written and oral) skillsdevelop subject matter expertise in banking, crypto-assets, and fintechSuggested Major/Education: Economics, finance, business, computer science, or another related field of study
Required Skills/Knowledge
Demonstrated experience in research and quantitative analysisInterest in banking, crypto-assets, and fintechIntermediate or above experience in R, SQL, STATA, or PythonAnticipated Work Environment: This internship will be completed in a hybrid capacity in Washington, DC.
US Citizenship is required for all Board internships and applicants must be current students, graduating from their program Fall 2025 or later.
About the Team/Role
The Application Design and Development (ADD) section in the division of Research and Statistics (RS) is an enthusiastic team of UX designers and software engineers that design, develop and support solutions that enable the economic research, analysis, and policy work of the Federal Reserve Board.
The section is looking for an intern to work with our team of SharePoint Developers, UX Designers, and Product Managers to help develop simple and complex applications that support collaborative document management and communications practices. The intern will work on a cross-functional team and have an opportunity to learn the agile methodology as well as best practices for developing on low-code/no-code platforms like SharePoint Online. They will also interact with stakeholders to gather business needs and translate those needs into application requirements.
The internship will last 10-12 weeks in a hybrid capacity in Washington, D.C. The intern must be able to come on-site 2-3 days per week.
Qualifications
U.S. citizenship required.Currently enrolled in a bachelor’s degree program in Information Systems/Technology, Computer Science, Software Engineering, Web Development/Design, or relatedGraduating fall 2025 or laterProficiency with HTML/CSS, JavaScript and/or React JS required.Experience building SharePoint sites and/or simple workflow applications highly desired.Exposure to Azure, PowerApps, PowerAutomate, Web Services, Graph API and REST API are highly desired.A basic understanding of the agile methodology is helpful; you are aware of some of the agile ceremonies, but you may not have had an opportunity to practice them yet.Expected Projects
The Board of Governors of the Federal Reserve System’s (Board’s) Office of Inspector General conducts audits and evaluations of the Board and the Consumer Financial Protection Bureau’s (CFPB’s) programs and operations to assess and promote economy, efficiency, and effectiveness in these programs and operations while helping to prevent and detect fraud, waste, and abuse. The IT Operations Intern will learn to perform daily IT operational tasks, assist with daily OIG IT environment efforts, and assist with documentation.
Assist with inventory management.Learn and assist users with various needs, OS to general hardware support.Active contributor in policy and other support documentation generation.Participates in team meetings.Find out more about the OIG:
What We Do -https://oig.federalreserve.gov/introduction.htm FAQs -https://oig.federalreserve.gov/faq-about-oig.htmSuggested Major(s)/Minor(s): Computer science, information technology, software programming, information security, or related fields, either graduate or undergraduate
Required Skills and Knowledge:
Strong oral and written communication skills.Data analysis and research skills, as well as intellectual curiosity and professional skepticism.Well organized.Self-motivated and resourceful critical thinker willing to independently problem solve through self-explored attempts prior to requesting assistance.Deep knowledge of Microsoft Office, including Access, with a desire for or some understanding of Power BI.Preferred Skills: Experience with operating systems; foundational knowledge of Generative AI and ChatGPT; understanding of cloud technologies such as Azure and AWS
Required Documents: Resume, two letters of recommendation required
Location: This internship will be a hybrid role, requiring a minimum of four in-office days per month, with more as required by business needs.
US Citizenship is required for all Board internships and applicants must be current students, graduating from their program fall 2025 or later.
Keywords: #InformationTechnology, #GenerativeAI, #ITOperations, #ChatGPT, #Azure, #AWS
Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm
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, evaluate complaints, and review 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.This internship is located in New York City, NY. Selected candidate must have access to reliable transportation.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#investigationsSuggested 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.
Learn more about our internship program – https://www.federalreserve.gov/careers-internships.htm
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#investigationsSuggested 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
The FMI Oversight team is responsible for conducting the Federal Reserve Board’s oversight of systemically important Financial Market Infrastructures (FMIs) including central counterparties, payments systems, and securities settlement systems. These FMIs are critically important to the functioning of the US financial system and span a wide range of asset classes including securities (equities, Treasuries, mortgage-backed securities, etc.) and financial derivatives (options, futures, swaps, etc).
Position Description:
Expected Projects: The intern will assist with policy analysis and projects related to payment, clearance, and settlement (PCS) activities.
Competencies/Learning Objectives: Policy analysis; data analysis; organization; communication; learning agility.
Suggested Major/Minor: Finance, Accounting, Business Administration, Public Policy, Economics, or another related field.
Required Skills and Knowledge: MS Office
Preferred Skills: Knowledge of financial markets and payment, clearing and settlement activities
Remarks:
The Board’s Office of the Secretary (OSEC) provides corporate secretary and other services to Board and Federal Reserve System staff and members of the public that are essential to support the Board’s mission. The Data and Technology Support Intern, as member of the division’s applications and technical support team, will perform daily applications and end-user support tasks, learn to troubleshoot moderately complex technical issues, work on SharePoint Online projects to enhance staff productivity, and assist with documenting key business processes and procedures. Other projects assigned during the internship may depend on the intern’s technical knowledge and academic areas of interest.
Suggested Major/Minor: Currently enrolled student studying computer science, data science, information technology/systems, or a related field.
Preferred Skills and Knowledge:
Technical knowledge:Microsoft Windows based desktops/laptops, iOS devices, knowledge of network and data communications.Applications: Microsoft 365 suite (Word, Excel, PowerPoint, Outline), Microsoft Teams, and SharePoint OnlineProgramming: PowerShell, HTML, JavaScript, SharePoint Online customizationsDemonstrated commitment to a high quality of work, good judgment, strong interpersonal and communications skills, positive attitude, and ability to thrive in a fast-paced environment.Required Documents for application: resume, unofficial transcript and cover letter or writing sample.
Location: This position is located fully onsite at the Board’s Washington, DC. offices to provide technical support to OSEC staff. The intern must reside in the area during their internship.
US Citizenship is required for all Board internships and applicants must be current students, graduating from their program fall 2025 or later.
Principal Duties and Responsibilities
The Board of Governors of the Federal Reserve System’s (Board’s) Office of Inspector General conducts audits and evaluations of the Board and the Consumer Financial Protection Bureau’s (CFPB’s) programs and operations to assess and promote economy, efficiency, and effectiveness in these programs and operations while helping to prevent and detect fraud, waste, and abuse. The Audit Intern will assist in conducting audits and evaluations of Board and CFPB programs and operations.
Assists as a team member on audits, evaluations, or other reviews.May support the team in conducting its planning activities for the applicable review to establish the appropriate objectives, scope, and methodology.May assist in gathering data, conducting analysis, and preparing workpapers.May assist in developing the findings and message for the applicable review.Potential to participate in presentations to OIG senior management.May participate in meetings with Board division representatives, Reserve Bank officials, or CFPB officials.Remarks
There are three audit intern positions available in the following sections:
Supervision Regulation (SR)Management Operations (MO)Financial Management/Internal Controls (FMIC)Find out more about the OIG
What We Do -https://oig.federalreserve.gov/audits-what-we-do.htm Oversight Areas - https://oig.federalreserve.gov/audit-oversight-areas.htm FAQs -https://oig.federalreserve.gov/faq-about-oig.htm#auditsSuggested Major(s)/Minor(s): Accounting, economics, finance, public administration, 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 may be completed remotely, or in a hybrid capacity at the discretion of the selected candidate.
US Citizenship is required for all Board internships and applicants must be current students, graduating from their program fall 2025 or later.
Keywords: #OIG, #audit, #auditing, #performanceaudits, #FRB, #CIGIE, #oversight
Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm
The Financial Planning and Analysis (FPA) section is responsible for managing budget development, analyzing and reporting budget performance, and developing financial forecasts for the Board. The section provides analytical support in these areas to the Chief Financial Officer (CFO) and senior management throughout the Board, and partners with the Strategic Performance Office (SPO) in providing accurate reporting on the Board’s strategic objectives.
Objectives:
Build upon the team approach to developing and enhancing research, increasing job knowledge, and furthering technical skills.Improve and enhance the use and content of the team’s SharePoint site and webpage to help facilitate information sharing among team members, stakeholders, and customers.Develop a new budget process that provides senior leaders, stakeholders, and customers with the information necessary to make informed timely budgetary decisions based on the current environment.Develop and implement automation tools to assist with advancing the concept and integration of multi- year forecasting in the Board’s planning and performance process in alignment with the Board’s strategic plan.Refine and enhance the amount, level, and type of information provided to senior leaders, stakeholders, and customers to assist them in making informed financial decisions.Providing analytic assessments of operating plans submitted by divisions.Incorporate budget performance graphics and reviewing service line summaries for brevity and clarity.Preferred Skills:
Good communicationCustomer Service OrientedSome Records ManagementBusiness AnalysisFinancial AnalysisMS Office SuiteSharePointA copy of an unofficial transcript may be requested.
This position is hybrid and requires a combination of telework and an in-office presence in Washington DC.
US Citizenship is required for all Board internships and applicants must be current students, graduating from their program fall 2025 or later.
The Quantitative Risk Analysis section is responsible for assessing quantitative risk methodologies developed by the financial sector, or the Reserve Banks, to measure and manage credit, liquidity, counterparty, and market risks, as well as value collateral. The program analyzes risks and contributes to policies and research related to the clearing and settling of payments, securities, financial derivatives, and other financial instruments. The program monitors and evaluates the quantitative risk management of financial market infrastructures (FMIs), financial institutions engaged in systemically important payment, clearing, and settlement (PCS) activities, and the Reserve Banks. The program contributes to quantitative risk research, particularly topics related to FMIs and systemically important PCS activities, and to systemic risk analysis.
Position Requirements:
• BSc or Graduate (Masters or PhD) student in Computer Science, Economics, Business, or any other engineering or science field
• Completed courses on Data Science, Econometrics, and Machine Learning
Description:
Expected Projects:
• Deep Neural Networks vs. Nonlinear econometric models: a project to explore performances of Neural Networks against a selected set of nonlinear econometric models in practical applications and by using extensive Monte Carlo simulations
Competencies/Learning Objectives:
• Excel in data representation, manipulation, analysis
• Design, train, validate, test and tune Deep Learning and econometric models for empirical analysis to answer questions in economics and finance
Suggested Major/Minor:
• Economics, Finance, Computer Science, Data Science, Machine Learning
Required Skills and Knowledge:
• Familiarity with Python and/or R
• Completed at least one course from the first-year graduate level course on Data Science, Machine Learning, Econometrics, or Deep Learning or relevant classes
• Interest in economic and financial data and research
• Familiarity with data manipulation, model development, training, validation, and testing approaches
• Interest in economic and financial time series analysis and econometrics
Preferred Skills:
• Experienced in working with time series data and conducting research in economics and econometrics
• Written scripts to design and develop Machine Learning and econometric models
Remarks:
The Division of Monetary Affairs' Front Office is developing a September MA ReGroup event and is seeking a summer intern to take on a leadership role in various aspects of the project. Responsibilities include drafting event-related communications, organizing timelines, assisting in developing the ReGroup agenda and sessions, and liaising with stakeholders both within and outside MA. The project timeline spans from June to August 2024. This opportunity is open to graduate and undergraduate interns with th