Research Assistant Program 2025: Fall Application Announcement

Washington, DC, USA

9 days ago

Federal Reserve Bank

About the Role

The International Capacity Development function (IPS) of the Workforce Learning and Administrative Services team in the Division of Supervision and Regulation is responsible for developing and executing on international supervisory and regulatory capacity building engagement to inform and facilitate building institutional relationships with central banks and supervisory authorities consistent with evolving global financial, economic, and transformational trends.

The intern selected for this role will be responsible for:

Supporting specialized central banker and supervisory authority training and capacity development programs;Collaborating across business lines to ensure that program content reflects emerging trends and the division’s international policy and operational objectives;Leveraging seminars and training programs to develop and deepen relationships with global central banks, financial supervisors, governments, and international organizations.

Suggested Education: Finance, Economics, Law, Management, History, Political Science, Public Policy, Business Administration, or a related field of study

Required Skills/Knowledge:

Experience and interest in operations management, organizational development, adult learning, international relations, business, economics, or public policyAn interest or understanding of the role of central banks and the role of the Federal Reserve in the financial system and the global economyStrong project management skills, including sound influencing and problem-solving capabilities, and the ability to manage multiple assignments simultaneouslyEffective relationship management and diplomatic skills, including the ability to develop and maintain a broad range of internal and external contact networksStrong written communication and public speaking skillsExperience with Microsoft Office tools (i.e., Excel, PowerPoint, Word, SharePoint, Teams)

Preferred Skills/Knowledge:

CVENT experience desired

Additional Notes

Anticipated Work Hours: During the summer, 40 hours per week; during the school semesters, 15 hours min per weekAnticipated Start Date: ASAPAnticipated Work Environment: This internship will be completed in a hybrid capacity in Washington, DC- requiring at least one day per week on-site during the school semesters.

US Citizenship is required for all Board internships and applicants must be current students, graduating from their program Spring 2026 or later.

About the Role

The mission of the LISCC Recovery and Resolution Preparedness Program (RRP) is to promote the resiliency of systemically important banks and minimize the impact of their distress or failure on the financial system. RRP Interns will gain exposure to the supervisory process of large financial institutions, through review of various reports, meetings, and assessments of firms’ capabilities to create recovery and resolution plans. The interns will work closely with members of the Board's RRP section; and occasionally other Board Divisions through cross over projects with RRP staff.

Responsibilities will include:

• Contributing to supervisory work in assessing LISCC firms’ resolution and recovery preparedness

• Performing quantitative and qualitative analysis related to resolution financial topics

• Participating in training opportunities on recovery and resolution

Requirements

Suggested Major/Education: Public Policy, Statistics, Accounting, Finance, Economics, or another related field of study

Required Skills/Knowledge:

Strong analytical and critical thinking skills, including past use of statistical or modeling softwareStrong organizational skills and a demonstrated ability to manage multiple responsibilitiesExperience using R programming or StataDemonstrated interest in AI/ML

Additional Notes:

Anticipated Work Hours: During the summer, 40 hours per week; during the school semesters, 15-20 hours per weekAnticipated Start Date: ASAPAnticipated 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.

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 Facility Business Operations team 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, lead initiatives, and contribute to communication campaigns.

Competencies and Learning Objectives:Sustainability program management; project management, data analysis; data-driven decision making; organization; communication.

Suggested Major/Minor: Architecture, Engineering, Environmental Science

Required Skills and Knowledge: MS Office

Preferred Skills and Knowledge: Working knowledge of LEED or WELL rating systems and fundamentals of carbon accounting.

Required Documents: Resume and cover letter. An unofficial transcript may be requested.

Location: This is a hybrid position requiring an on-site presence at least once per week in the Board’s office located in Washington, D.C.

Expected Start/End Date: Fall 2024 through Fall 2025

Expected Hours per week: Approximately 20 hours per week during the semester and 40 hours per week during the summer.

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

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 science

Required 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 Suite

Preferred 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 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. This is a great opportunity for a graduate student with an academic focus on talent management, organizational design and business acumen. The selected individual will complete assignments pertaining to all aspects of an embedded talent management team.

Responsibilities include:

Talent management support, including but not limited to the following areas:Recruitment/onboardingRewards recognitionInternship programmingPerformance managementConflicts of InterestDiversity, equity, and inclusionPreparation of reports, research, and data analysis;Workday data entry and talent management administration;Drafting communications, research of best talent management practices, program improvement, and evaluation;Managing various SharePoint sites, lists, and libraries;Participation 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 and program enhancements;Gain experience in talent management programming and determine if a career in talent management would be of interest upon graduation.

Suggested Education/Major: Pursuing graduate degree in human resources, psychology, business management, communications, education, or related field.

Required Skills/Knowledge

Strong verbal and written communication skillsAbility to work collaboratively in teamsExceptional organizational skills and attention to detailExperience with Microsoft Office tools (i.e., Excel, PowerPoint, Word, SharePoint, Teams)

Preferred Skills/Knowledge:

Experience in Workday and SharePoint preferred, but not required.

Additional Notes

Anticipated Work Hours: During the summer, 40 hours per week; during the school semesters, min 15-20 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.

The Planning and Space Management section at the Federal Reserve is seeking a year round intern to assist in its multiple projects and workload. The main duties and tasks will include, but not limited to

• Prepare design intent drawings for minor office reconfigurations using Revit
• Maintain updated floor plans using Revit and FM Systems
• Assist in preparing the Board's Revit models to be incorporated in the new Space Planning software FMI.
• Assist in uploading and setting up the Board's space inventory into FMI, edit/audit drawings for accuracy
• Perform space surveys, document existing conditions and develop space plan solutions on an ongoing basis.
• Manage small furniture relocations including entering and following up on work orders.
• Manage in field furniture installation logistics and vendor coordination and perform punch lists

Suggested Major/Minor: Architecture, Interior Design
Required Skills Knowledge: Basic Microsoft Office Suite knowledge; Revit
Preferred Skills: LEED AP or WELL AP
Required Documents for application: Resume and cover letter; an unofficial transcript may be requested.
Expected Start and End Dates: Fall 2024 through Fall 2025
Expected Hours: Minimum of 30 hours per week during the semester; 40 hours during the summer.
Location: This position is fully in-person at our offices in Washington, DC.

US Citizenship is required for all Board internships and applicants must be current students graduating from their programs Fall 2025 or later.

Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm

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 resume, cover letter, and unofficial transcript to your profile before submitting your application.Provide one (1) letter of recommendation - can be academic or professional.Attach it to your applicant profile if you have a copy [OR]If your recommender would like their letter to remain confidential, they can send it to frbrecruiting@frb.gov with the subject "Economic Research Internship Recommendation Letter" and we will
attach to your profile.

The Public Information Outreach (PIO) Program is responsible for leading the division’s efforts to execute public communication initiatives to expand the Board’s outreach and to build and sustain various communication platforms to educate and inform the public including management of the Board’s public website and social media platforms. The intern would be responsible for assisting section staff with daily web publication responsibilities as well as assisting with larger web design projects and with coordinating online public communications. Staff would work on reviewing and approving web content for publication, which includes coordinating posting details with content providers, IT support, and Board Public Affairs. The intern may work on section 508 compliance for content posted on the Board's public website. The intern would also participate in the work of the section on the Board's official social media accounts, including writing posts for social media and researching new platforms and trends.The intern would also contribute to Economic Education programs and event planning, outreach, and engagement.

Qualifications

Competencies and Learning Objectives: Communications, writing, multi-tasking, organization, teamwork, new technologies.

Suggested Major/Minor: Communications, Economics, Public Relations, Finance

Required Skills and Knowledge: Proofreading, writing, social media, Microsoft products

Preferred Skills: Experience with content management systems or HTML

Required Documents for application: Resume and cover letter. A copy of an unofficial transcript may be requested.

Location: This internship may be completed remotely.

Hours: 40 hours per week

Start End Dates: May or June 2025 for a minimum of 10 weeks up to 12 weeks.

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

About the Role

Provide support to Congressional Liaison Office staff on a wide variety of assignments, such as weekly report and background memo preparation, hearing preparation, congressional correspondence, legislative tracking, and Senate and House floor proceedingsConduct research in support of various special projectsAssist with compilation and distribution of reports, testimony, and other documents to CongressAssist with general administrative tasksMay be called upon to assist on other special projects as time permits.

Competencies and Learning Objectives: Communication; critical thinking; professionalism; leadership; teamwork; and equity and inclusion.

Suggested Major/Minor: Political Science or Government, Public Policy, Economics, Finance, or a related field of study.

Required Skills and Knowledge:

GPA 3.0 or above and must be enrolled in an accredited undergrad or graduate level programExcellent oral and written communication skillsCommitment to a high quality of work, sound judgment, strong interpersonal skills, positive attitude, and ability to thrive in a fast-paced environmentComputer proficiency in Microsoft Office and SharePoint, Windows, and Internet researchDemonstrated interest in and general understanding of the Federal Reserve System, financial markets, global and domestic current events, and economics, as well as an interest in the fields of political science and government relations.

Preferred Skills: Demonstrated practice with summary-style writing; research and tracking of legislative initiatives.

Required Documents for application: Candidates must submit the following documents to be considered for this role:

Resume (PDF Version)Cover letter detailing interest in the position and qualificationsCopy of current unofficial transcript

Location:This a full-time summer internship that will be completed in a hybrid capacity requiring an on-site presence in Washington, DC.

Notes: US Citizenship is required for all Board internships and applicants must be current students, graduating from their program Fall 2025 or later. A writing test may also be administered.

Keywords: #congressional liaison intern; #legislative affairs intern.

Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm

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 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 fintech

Suggested 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 economics

Anticipated 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:

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 fintech

Suggested 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 Python

Anticipated 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.

The Front Office Communications section in the Division of Supervision and Regulation (SR) advances the priorities of the division director and the Supervision and Regulation function. The Front Office provides strategic and tactical support, forward planning, and meeting execution for SR leadership. The intern would assist the Front Office in managing its information management tools for senior leadership committees and governor offices. The intern would also assist with coordinating responses to inquiries and requests for information related to FOIA requests, public website requests, and other correspondences.

Suggested Major/Minor: Communications, Business Administration, Public Policy, Political Science, Information Systems, Library Science or a related field.

Required Skills: Excellent writing skills

Preferred Skills: Familiarity with SharePoint and Excel.

Required Documents for application: A copy of an unofficial transcript may be requested. Please include a cover letter outlining interest in the internship.

Location: We are open to the intern working fully remotely or onsite in a hybrid capacity.

Start/end Dates and hours: This internship will start in May or June 2025 and run for a minimum of 10 weeks up to 12 weeks for 40 hours per week.

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, 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#investigations

Suggested 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#investigations

Suggested 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:

US Citizenship is required for all Board internships.Applicants must be current students enrolled in a degree seeking program, graduating from their program fall 2025 or later.This position requires a combination of hybrid and in-person presence in our Washington DC office.Required Documents for application: A copy of an unofficial transcript may be requested. CV and two reference lettersLearn more about our internship program: https://www.federalreserve.gov/careers-internships.htm

Principal Duties and Responsibilities

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#audits

Suggested 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 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:

High school diploma or equivalent experience. Must possess five (5) years of specific experience. Comprehensive knowledge of methods, techniques, materials, tools, and equipment of the painting trade is required. Knowledge of residential and commercial/industrial practices and processes of the painting trade; extensive knowledge of paints, varnishes, lacquers, enamels, epoxies, paint removers, and related materials, and of their properties and application; applicable code requirements; methods and practices followed in the maintenance of tools, machinery, and equipment; occupational hazards of the painting trade and precautionary measures to be observed. Must be skilled in mixing paints, stains and matching colors. Must possess general ability to read blueprints. Must know how to safely erect scaffolds. Must possess Visual Color Discrimination skills and be able to accurately match or detect differences among colors, including shades of color and brightness. Must be able to interact and display tact and diplomacy at all levels within the Board staff. Must show a demonstrable commitment to a strong customer service philosophy.

Performs a full range of duties without close supervision. Independently carries out assignments and coordinates the work with others. Must possess the ability to inspect and troubleshoot problems and take the necessary actions as needed. Uses technical knowledge and experience to identify, plan, and execute work to be done. Provides guidance to team members on technical issues. Determines methods and approaches to problem resolution.

Provide technical expertise and guidance to other team members (including any apprentices) in all areas of the job. This includes demonstrating proper work methods, answering questions from co-workers regarding procedures, work orders, policies, written instructions and other directions, and assuring adherence to appropriate safety procedures. Perform the more technically difficult work of the section. The ideal candidate is skilled in drywall finishing up to level five finishes.

Physical Demand/Work Environment:
Prepares and coats surfaces from ladders, scaffolds, and platforms, and where the surfaces to be coated are in hard-to-reach places. Work requires considerable bending, kneeling, stooping, and climbing, and working in tiring and uncomfortable positions. Frequently lifts, carries, and sets up materials and equipment that weigh up to 10 pounds. Occasionally, handle materials and equipment that weigh 50 pounds and over. Therefore, must be able to perform physical activities, such as, but not limited to, lifting equipment (up to 50 lbs. unassisted), bending, standing, climbing or walking. Work is done inside and outside and may be in confined spaces such as crawl spaces and attics, where dirt, spray, and fumes are usually present and where moderate to high noise levels from operating equipment may be present. Required to prepare and coat surfaces outside in all weather conditions. Subject to cuts, abrasions, and contusions.

This position will work second shift from 2:00-10:00 pm is required to work onsite in Washington DC.

Guides and/or participates in the development, implementation, and management of cloud-based systems. Leads and/or participates in the development of common components and templates for resources in cloud using the most relevant method (e.g., Infrastructure as code). With some guidance, regularly reviews cloud systems for vulnerabilities. Leads the process for and/or participates in the collaboration process with engineers and development teams on cloud solutions. Guides and/or participates in the identification and optimization of various cloud resources to increase efficiency and/or lower cost of solutions. Has advanced knowledge of cloud computing architectures (e.g., resource pooling, on-demand self-service, scalability, elasticity, security, and serverless computing). Based on research and business requirements, guides and/or provides recommendations to modify and improve existing cloud systems.

Duties and Responsibilities

Leads and/or participates in the creation of infrastructure to streamline development of applications using modern cloud practices. Leads and/or participates in the development of common components and templates for resources in cloud using the most relevant method (e.g., Infrastructure as code). Guides and/or participates in the identification, analysis, and resolution of cloud infrastructure and application deployment issues.Guides and/or ensures efficient functioning of data storage and process functions in accordance with security policies and best practices in cloud security. Leads and/or participates in building cloud solutions based on security, monitoring, logging, and alerting requirements.With some guidance, regularly reviews cloud systems for vulnerabilities. When vulnerabilities arise, leads and/or participates in troubleshooting incidents, identifying root causes, fixing and documenting problems, and implementing preventative measures.Guides and/or participates in the development of testing use cases and detailed testing plans that map to the documented business and technical requirements. Leads and/or participates in the coordination of technical and end-user resources to execute detailed tests and analyze testing results.Leads and/or participates in the performance of network maintenance to ensure cloud networks operate correctly and with minimal interruption. Has advanced knowledge of network peering, as necessary for facilitating communication between on-premise and cloud. Has an advanced ability to describe the current state of cloud computing and how it is operating in an automated, network environment.Leads and/or participates in the collaboration process with engineers, architects, and development teams to identify/evaluate optimal cloud solutions that provide a robust, flexible, and scalable platform. Leads and/or participates in the evaluation of key components of cloud computing and various cloud technology platforms to understand which would best be leveraged at the Board. Has advanced knowledge of cloud computing architectures (e.g., resource pooling, on-demand self-service, scalability, elasticity, security, and serverless computing). With some guidance, determines which cloud tools and services are best fit for a specific purpose.Guides and/or participates in the connection of disparate elements of various cloud and local resources into a single environment using integration platforms and tools. Leads and/or monitors end-to-end performance, adjusting networks for particular applications, and adding different services on demand. Guides and/or participates in the identification and optimization of various cloud resources to increase efficiency and/or lower cost of solutions.Has advanced knowledge of one or more programming languages. Leverages programming knowledge, as necessary, to build, deploy, and manage clouds applications.Guides and/or participates in bundling an application’s code with all the files and libraries it needs to run on any infrastructure, enhancing the infrastructure’s productivity and operational efficiency.Provides advanced guidance regarding architectural and procedural best practices related to cloud. Trains teams on the installation and usage of new cloud technologies.Leads and/or participates in the maintenance of cloud solutions in accordance with best practices. Based on research and business requirements, guides and/or provides recommendations to modify and improve existing systems.Designs cloud-based networks/systems of moderate complexity and with an average number of sub-systems. Guides and/or plans new possible features for cloud networks/systems to remain innovative, ensure ease of use, and meet business requirements.

Position Requirements:

FR-26 Minimal Qualifications:

Requires a bachelor’s degree in computer science, information technology, or related field and five years of experience. Must have advanced knowledge (i.e., demonstrates broad understanding and contributes to the success of work in applicable areas) in the following areas: system administration, cloud technology platforms, cloud tools/services, and DevOps. Must be able to work effectively with staff. Must be able to support one or more of the following: database management, programming, cloud security/recovery, and cloud-centric integration.

FR-27 Minimum Qualifications:

Requires a bachelor’s degree in computer science, information technology, or related field and six years of experience. Must have expert knowledge (i.e., demonstrates comprehensive understanding and is viewed as a role model in applicable areas) in the following areas: system administration, cloud technology platforms, cloud tools/services, and DevOps. Must be able to work effectively with staff. Must be able to lead one or more of the following: database management, programming, cloud security/recovery, and cloud-centric integration.

FR-28 Minimum Qualifications:

Requires a bachelor’s degree in computer science, information technology, or related field and eight years of experience. Must have expert knowledge (i.e., demonstrates comprehensive understanding and is viewed as a role model in applicable areas) in the following areas: system administration, cloud technology platforms, cloud tools/services, and DevOps. Must be able to work effectively with staff. Must be able to direct one or more of the following: database management, programming, cloud security/recovery, and cloud-centric integration.

Candidates should have experience assisting or leading the installation, modification, enhancement, and/or management of systems and network resources to meet business requirements.Candidates should also have experience working with a team to solve issues and prevent outages, ensuring alignment with business and security needs, and ability to develop technical documentation and summarize complex data and information in a succinct and compelling manner.A writing sample may be required.

The Sr Cloud engineer position will serve on the IT Cloud Architecture and Administration team responsible for supporting and innovating the offerings of Cloud Platforms, Cloud Service Providers, and supporting various cloud initiatives. The position is focused on skill sets in cloud networking. Preferred qualifications include:

Developing and updating cloud templates, standards, and best practices to be used by multiple cloud projects with an emphasis on secure cloud architectures

Design, deploy and manage cloud network architectures on platforms such as AWS and Azure

Implement and manage virtual networks, subnets, route tables and network gateways to support cloud infrastructure

Configure and optimize cloud network security, including firewalls, security groups and ACLs.Strong foundational knowledge across Microsoft Azure, and/or Amazon AWS technology stack

Standardizing Azure and/or AWS Security Best practices, processes, and procedures

Building and operating automated security operations

Experience implementing Azure and/or AWS

Designing and advising against security requirements to support cloud migration efforts

Strong knowledge of industry trends in security technology

Experience in federal government or with FISMA and FedRAMP standards highly desirable

Monitor and troubleshoot network performance, connectivity issues

Collaborate with DevOps and development teams and automate network management using infrastructure as code tools

Highly desirable qualifications:Relevant certifications such as AWS certified Advanced Networking – specialty or Azure Network engineer associate etc.

This position is hybrid, requiring a combination of telework and in-office presence in Washington, DC.

Position requirements:

FR26- Requires a bachelor’s degree in economics, finance, accounting, business administration, public policy, information technology, or related fields and a minimum of 5 years of related experience in information management, business process improvement, financial management, data analytics and visualization, and project management, or equivalent combination of training and experience. Excellent consulting, oral and written communication, information technology, and statistical and financial analysis skills. Demonstrated ability to manage large, complex projects and integrated project teams.
FR27- Requires a bachelor’s degree in economics, finance, accounting, business administration, public policy, information technology, or related fields and a minimum of 6 years of related experience.

Principal Duties and Responsibilities

1. Manages a broad range of activities dealing with moderately to very complex, sensitive, and conceptual issues addressing an array of management, procurement and contracting issues. Will serve as the central coordinator of the cash teams’ Contracting Officer Representatives (CORs) and may serve as a COR on key contracts. Makes recommendations to division management regarding operational, strategic, and policy issues related to procurement and contracting initiatives.
2. Serves as a team member and leads section, Division, or Board projects and initiatives primarily related to procurement and contracting. Provides business and technical knowledge to team members and colleagues. Contributes to or leads definition of project plans. Drafts project reports and memoranda. May assist Project Leader, Manager or Officer with project coordination.
3. Serves as liaison between RBOPS project teams and other Board staff (e.g., Board Procurement and Contracting Officers) in order to ensure that Cash program requirements and objectives are met. Communicates in a thoughtful, collaborative, and effective manner that helps foster strong relationships. Serve as the internal central point of communication by sharing pertinent information and expertise with stakeholders.
4. Reviews, designs, recommends, and implements new systems, programs, policies, and procedures based on strong knowledge of procurement and contracting, business process improvement, financial management, data analytics, and project management best practices.
5. Develops appropriate methodologies, policies, and procedures for collecting, storing, analyzing, and presenting data and related work products.
6. Drafts and conducts division-level communication and contributes to the creation and development of documentation and related materials to support those activities.
7. Develops own professional skills. Identifies appropriate directions for own professional development, and initiates activities to bring about that development.

Problem Solving: Works with a high degree of professional independence, technical authority, initiative, reliability, and maturity of judgment. Frequently consults with senior staff and division leadership and experts at other Board divisions. May develop and recommend policies and innovative approaches to complex issues. Sees connections and implications and evaluates alternatives. Uses knowledge acquired from prior assignments to build an understanding of complex concepts and processes.

Complexity: Develops measures for and analyzes moderately to very complex, sensitive, and conceptual issues and data. Assesses the extent to which new approaches and policies are consistent with the strategic direction of the division and Board, being mindful of the variety of needs of stakeholders. Develops and recommends new approaches and policies. Effectively resolves complex and difficult management questions. Evaluates and prioritizes multiple assignments. Seeks opportunities to participate and lead priority projects. Easily transitions across various tasks and roles.

Impact of Actions: Decisions and recommendations may affect management activities and the operations of the division, the Board or the Federal Reserve System. Work may also affect projects and relationships with other Board divisions. Participates on project teams and comfortably fulfills multiple roles (e.g., facilitator, member, subject matter expert, project lead, etc.). Shares information and knowledge with stakeholders and other analysts. Addresses stakeholder needs (internal and external) and functions as a resource to stakeholders. Demonstrates vested interest in stakeholder success by taking initiative to meet stakeholder requirements.

Communications: Works with all levels of the Board's staff. Participates and may lead work or project teams consisting staff from this and other Board divisions. Possesses strong consulting, oral and written communications skills. Articulates moderately complex issues clearly to stakeholders. Able to effectively present moderately to very complex topics to large audiences and senior-level management. Communicates in a thoughtful, collaborative, and effective manner that helps foster strong relationships within the division and the Board. Ability to work well in group settings and to represent the division's interests on various Board initiatives.

Supervisory Level: Works with a degree of independence, planning, and carrying out projects with minimal guidance provided by the supervisor. Suggests new initiatives to supervisor. Work is reviewed for compatibility with long range direction or other policy requirements. Exhibits a strong knowledge of division policies, procedures, and processes, and contributes to process improvement efforts. Function as business or technical resource to colleagues and Board counterparts.

Remarks:

This position will support all cash sections within the Division with procurement activities but will sit within the Banknote Issuance and Cash Operations (BICO) section. BICO supports the Board in meeting its statutory responsibilities under the Federal Reserve Act to issue Federal Reserve notes and to oversee the Reserve Banks' provision of currency and coin to depository institutions. Responsibilities of the BICO team include determining the Board’s annual order for new currency and managing the Board’s annual new currency budget. This analyst will work closely with BICO staff managing the budget to ensure procurement deadlines are met, coordinate and lead CORs across all cash sections, and serve as central point of contact with Procurement colleagues.

Prior experience working in procurement and contracting intensive projects is required. Need not have been a procurement specialist or contracting officer.
A background investigation in support of a security clearance may be required for this position. Having an existing, transferable, clearance is desired but not required.

A writing sample/exercise may be requested.

This role is located in Washington DC and will require relocation and on-site presence via a hybrid schedule. Employees are expected to spend a minimum of 6 days per month onsite.Relocation assistance is available.

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 Graphic Design Intern will help audit and evaluation teams translate their data and information into powerful visuals and drive communication in both reports and other division messaging channels (website, social media, etc.). The Graphic Design Intern will also help design and publish content for a variety of other external products (special publications, outreach materials, etc.) and internal communications (digital signage, intranet products, etc.). In all work, the Graphic Design Intern will help ensure that designs follow and extend our branding guidelines.

Remarks

This is a part-time internship starting January 2025. For applicants continuing studies beyond the spring semester, the internship may be extended at management’s discretion.

Find out more about the OIG

What We Do -https://oig.federalreserve.gov/introduction.htm FAQs -https://oig.federalreserve.gov/faq-about-oig.htm

Suggested Major(s)/Minor(s)

Prefer candidates with a major in graphic design, art, branding, or related fields, as either a graduate or undergraduate

Required Skills and Knowledge

strong oral and written communication skillsexcellent visual stylistic sense (balance, tone, placement)infographics and data visualization skills, including the ability to translate complex data and technical text into informative, easy-to-understand visuals (graphics, charts, etc.) and infographicsgraphic design experience, in both digital and print media, and excellent software skills with InDesign, Photoshop, Illustrator, Acrobat, etc.animation and web design skills a plusability to work independently in a deadline-sensitive environment

Required Documents for Application

Portfolio link must be submitted with resume and applicationTwo letters of recommendation required

Expected Start Date: January 2025

Expected Hours: 16–20 hours/week during school year, 40 hours/week during summer

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 spring 2025 or later.

Keywords: #OIG, #CIGIE, #graphicdesign, #infographics, #datavisualization

Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm

Principal Duties and Responsibilities

Remarks

The OIG is seeking an intern for the Financial Management/Internal Controls (FMIC) section, starting January 2025.

Suggested 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

Expected Start Date: January 2025

Expected Hours: 20 hours/week during school year

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 spring 2025 or later.

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

Save & Apply Later Applying Later... Click to ApplyI AppliedDidn't Apply

Confirm your E-mail: Send Email

Apply for this job

All Jobs from Federal Reserve Bank

114 Federal Reserve Bank jobs in Washington, DC 114 Federal Reserve Bank jobs in District of Columbia 417 Federal Reserve Bank jobs in US