About the Role

The graduate-level Intern will operate as a project coordinator and support the Division of Consumer and Community Affairs’ Front Office (FO) in advancing the Division’s mission to promote a fair and transparent financial services marketplace for all consumers. The FO is central to aligning the Division’s work activities to its strategic goals and supporting a high performing workforce. It establishes and implements effective procedures and protocols and facilitates timely completion of key work activities by monitoring and reporting progress on achieving success measures and completing high quality deliverables.

The Intern will be under the supervision of the Deputy Director. They willperform various administrative tasks to help communicate, manage, and plan how to prioritize work activities and keep them onschedule.The Intern may also support the collection, analysis, and reporting of risk and risk mitigation opportunities for various work activities, as well as other related tasks as assigned. They must follow data quality best practices and are expected to present their work to various audiences in the Division.

Requirements

Suggested Major/Education: Must be a graduate student pursuing a graduate degree in an business management, finance, accounting, computer science, or other relevant fields graduating in December 2025 or later

Requires knowledge of fundamental project management principles, concepts, and techniques Musthaveexcellent communication and interpersonal skills to develop and maintain good business relationships;strongorganizationalandtime managementskills;keen ability to prioritize work based on strategic plans and protocols; high attention to detail;able to work effectively with a team and as an individual based on business needs.Demonstrates strong analytical and problem-solving abilities. Possessessolid working knowledge of Microsoft Office products including Outlook, Word, Excel, PowerPoint, and Teams; experience with Microsoft Project or similar project management tools is a plus.Applicants should provide a cover letter, resume, an unofficial transcript from their current institution(s) reflecting relevant coursework and may include contact information for one or two professional references.

Anticipated Work Hours: During the summer, 40 hours per week; during the school semester, 15-30 hours per week

Anticipated Work Environment: This internship will be a hybrid role, with a combination of in-person and remote work.

US Citizenship is required for all Board internships and applicants must be current students

Duties and Responsibilities

· With extensive guidance, performs data analysis to ensure the quality (conformity, consistency, completeness, accuracy, and timeliness) of financial data, banking structure data, survey data, contextual information data, and business data used for monetary, supervisory, research, and organizational decision-making purposes.

· Participates in providing data support services to end users, which includes data quality assurance activities (conformity, consistency, completeness, accuracy, and timeliness) and troubleshooting and researching datarelated questions. Participates in relevant internal task forces and committees that impact data management support.

· Shadows more senior staff to learn how to develop business requirements and report requirements for programmers to use in developing applications or automated programs to support analytical work, collect and make data accessible, and allow for the release of public information. With extensive guidance, ensures key security, regulatory, and policy requirements are adhered to with own work.

· Applies foundational level knowledge of the Board’s statistics requirements to ensure Reserve Banks’ adherence to policies, procedures, and best practices of data management services and status reporting. Participates in projects to establish or strengthen the data management program, data governance framework, methodologies, and data quality program.

· Shadows more senior staff to learn how to conduct product owner tasks such as monitoring product schedules and keeping stakeholders informed on the development and maintenance of systems, tools and platforms supporting operational capabilities.

· Shadows more senior staff to learn how to document test cases and identify issues in systems used to facilitate data management work.

· Supports gathering and analyzing data on the current business architecture and processes to identify root causes of issues, trends, patterns, and opportunities that impact the business line and stakeholders; reviews existing business processes and establishes metrics to improve processes.

· Conducts research on reporting requirements and guidance based on foundational knowledge of financial markets and institutions, and regulatory/monetary/structure data reporting for use by Board, Reserve Bank staff, and reporting institutions.

· Participates in developing metrics (e.g., on services, staff utilization, and performance) and creating documentation (e.g., strategic plan, policies, procedures, reports, charters, evaluations) for the national Statistics business line.

FR – 23 Minimum Qualifications:

Requires a bachelor’s degree in business, economics, finance, mathematics, computer science, information technology, or related field and one year of experience. Must have novice to foundational knowledge in the following areas: systems automation, project coordination, financial analysis, data flow management, data collection, consulting, business process improvement, risk management, technical writing, technical communication, presentation skills, and administration. Must be able to work effectively with more senior staff. Must be able to support more senior staff with one or more of the following: data analysis; conducting research in areas relevant to division or Board needs; and/or developing and implementing data collection and analysis tools.

FR – 24 Minimum Qualifications:

Requires a bachelor’s degree in business, economics, finance, mathematics, computer science, information technology, or related field and three years of experience. Must have foundational to intermediate knowledge in the following areas: systems automation, project coordination, financial analysis, data flow management, data collection, consulting, business process improvement, risk management, technical writing, technical communication, presentation skills, and administration. Must be able to work effectively with more senior staff. Must be able to support more senior staff with one or more of the following: data analysis; conducting research in areas relevant to division or Board needs; and/or developing and implementing data collection and analysis tools.

FR – 25 Minimum Qualifications:

Requires a bachelor’s degree in business, economics, finance, mathematics, computer science, information technology, or related field and four years of experience. Must have intermediate knowledge in the following areas: systems automation, project coordination, financial analysis, data flow management, data collection, consulting, business process improvement, risk management, technical writing, technical communication, presentation skills, and administration. Must be able to work effectively with more senior staff. Must be able to assist more senior staff with one or more of the following: data analysis; conducting research in areas relevant to division or Board needs; and/or developing and implementing data collection and analysis tools.

This position is for the Statistics Function Management Office within Board IT Statistics whose main responsibility is supporting the national Statistics Function- a business line that collects financial, banking structure, survey, and business data and provides data management services to ensure information is fit for use. New employees may participate in a local Board IT Statistics rotation program that would provide the employee an in-depth engagement with all Board IT Statistics units to develop their knowledge and expertise of the Statistics business line. A new employee’s exposure and engagement within Board IT Statistics would ensure a thorough knowledge and understanding of Board Statistics’ processes and procedures for providing services to stakeholders, performing program management support, and directing the national business line.

The Statistics Function Management Office (FMO) provides oversight and support for the function’s communications, governance, strategic initiatives, engagement models, and resource and demand management frameworks. The Statistics Data Management Analyst will be responsible for a wide range of business analysis activities, and must have exceptional critical thinking and problem-solving skills, and a strong ability to develop actionable plans and processes to address complex problems. Strong oral and written communication skills, interpersonal skills, and the ability to prepare professional and effective deliverables tailored for staff at all levels is required. The ability to make sound decisions, communicate effectively and exhibit good judgment even under high pressure or difficult situations is also required.

Demonstrated experience in strategic planning or strategy execution, project management, program management, risk management, data management and/or communications is strongly preferred. Experience creating data visualizations and developing tools and processes to manage data sets is preferred.

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

Duties and Responsibilities

· Leads and/or participates in implementing cybersecurity tools such as firewalls, proxies, intrusion detection, intrusion prevention, endpoint protection, and data analysis platforms as part of an integrated defense in depth solution with a central security information and event management (SIEM) system and security orchestration tools. Leads technical and analytical assessments to support information security engineering decisions to ensure Board information and systems are adequately protected. Ability to characterize and manage moderately complex risks to mitigate cyber threats.

· With some guidance, proactively supports analysis of threat intelligence from a variety of sources to understand the nature of the threat, extract the information that informs threat hunt operations, and uses that information to investigate Board IT assets for evidence of an intrusion or compromise.

· With some guidance, emulates threat actor tactics, techniques, and procedures in a controlled and/or production environment to demonstrate and observe the technical aspects of the emulated activity. Leads and/or develops adequate detection strategies and develops mitigations as needed to address the specific details of the threat.

· Leads the development of programs that apply statistical models, mathematical principles, and other analytic tradecraft to a variety of IT network-generated data for the purposes of identifying anomalous activity, suspicious network activity, and ultimately leads to the discovery of intrusions and/or compromises.

· With some guidance, identifies and analyzes system-generated logs and capture forensic images of a variety of systems for the purposes of fully analyzing a cybersecurity intrusion and/or compromise. Includes use of advanced knowledge to perform root cause analysis and develop timelines to show the actions taken by a cyber threat actor in an environment. Leads the completion of all phases of the incident response process including identification, containment, eradication, and remediation.

· Leads implementation of vulnerability scans and ensures operational systems are adequately patched to protect the Board from potential cyber threat actors. Leads the analysis of vulnerabilities and proof of concept code as it becomes available to assess the technical implications of a given threat and ensure that the Board’s defenses are sufficient. Maintains advanced knowledge of ethical hacking principles to apply the skills to the management of vulnerabilities and mitigation of technical risk. Ensures that vulnerabilities are managed and patched according to Board policies and procedures.

· Leads the development of and/or develops data analytic software and cybersecurity scripts using a variety of programming and scripting languages to enable cybersecurity activities designed to defend the Board’s IT assets. With limited guidance, develops programs, software, and scripts that automate the cybersecurity process. With limited guidance, develops data queries and scheduled jobs designed to correlate data for further analysis. With limited guidance, integrates tools and systems for advanced analysis of relevant data.

· With moderate guidance, manages cybersecurity projects focused on developing and instrumenting moderately complex approaches to detect, prevent, and respond to cybersecurity intrusions and/or compromises. Authors documents and oversees the execution of project plans, schedules, requirements, risks, assumptions, cost, performance, and resource utilization with minimal supervision.

Position Requirements

FR-26 Minimal Qualifications

Requires a bachelor’s degree in computer science, information technology, cybersecurity or a related business technology field and five years of experience. Must have advanced knowledge in in at least one of the following areas: general cybersecurity fundamentals, cyber threat analysis, data science principles, digital forensics, incident handling, incident management, incident response, vulnerability management, security engineering, automation and programming, project management, and relevant technologies and programming languages. Must be able to work effectively with staff. Must be familiar with relevant policies, procedures, and be able to work with TOP SECRET / SENSITIVE COMPARTMENTED INFORMATION. Must be able to support one or more of the following: providing threat assessments, recommending cybersecurity technologies for intrusion detection and prevention, assessing technical vulnerabilities, identifying automation opportunities, investigating, and resolving security breaches, technical writing, and communication.

FR-27 Minimal Qualifications

Requires a bachelor’s degree in computer science, information technology, cybersecurity or a related business technology field and six years of experience. Must have expert knowledge in the in at least one of the following areas: general cybersecurity fundamentals, cyber threat analysis, data science principles, digital forensics, incident handling, incident management, incident response, vulnerability management, security engineering, automation and programming, project management, and relevant technologies and programming languages. Must be able to work effectively with staff. Must be familiar with relevant policies, procedures, and be able to work with TOP SECRET / SENSITIVE COMPARTMENTED INFORMATION. Must be able to lead one or more of the following: providing threat assessments, recommending cybersecurity technologies for intrusion detection and prevention, assessing technical vulnerabilities, identifying automation opportunities, investigating, and resolving security breaches, technical writing, and communication.

FR-28 Minimal Qualifications

Requires a bachelor’s degree in computer science, information technology, cybersecurity or a related business technology field and eight years of experience. Must have expert knowledge in the in at least one of the following areas: general cybersecurity fundamentals, cyber threat analysis, data science principles, digital forensics, incident handling, incident management, incident response, vulnerability management, security engineering, automation and programming, project management, and relevant technologies and programming languages. Must be able to work effectively with staff. Must be familiar with relevant policies, procedures, and be able to work with TOP SECRET / SENSITIVE COMPARTMENTED INFORMATION. Must be able to direct one or more of the following: providing threat assessments, recommending cybersecurity technologies for intrusion detection and prevention, assessing technical vulnerabilities, identifying automation opportunities, investigating, and resolving security breaches, technical writing, and communication.

Remarks: The Sr. Vulnerability Analyst (Sr. Cybersecurity Analyst) is an individual contributor position responsible for leading the enterprise vulnerability management program for the Board. The Sr. Vulnerability Analyst (Sr. Cybersecurity Analyst) possesses knowledge of policies and best practices pertinent to vulnerability management and has the ability to operationalize that information in the form of organizational governance and technical process (NIST, DHS/CISA, OWASP, NVD, SEI, etc.). The Sr. Vulnerability Analyst (Sr. Cybersecurity Analyst) consumes cyber threat intelligence that describes new and emerging vulnerabilities and translates that information into active defense and preventive measures. The Sr. Vulnerability Analyst (Sr. Cybersecurity Analyst) analyzes systems for potential weaknesses and/or vulnerabilities and proposes solutions to mitigate those risks. The Sr. Vulnerability Analyst (Sr. Cybersecurity Analyst) establishes and oversees patch management operations for all kinds of assets in the environment and designs mitigations where patching is impractical or impossible. The Sr. Vulnerability Analyst (Sr. Cybersecurity Analyst) establishes and implements a risk management approach for vulnerabilities including thresholds, mitigations, and risk tolerances that drives other vulnerability response actions. The Sr. Vulnerability Analyst (Sr. Cybersecurity Analyst) provides services including static and dynamic application security testing, web application vulnerability scanning, vulnerability analysis, enterprise patch management, and proposing mitigations for specific threats. The Sr. Vulnerability Analyst (Sr. Cybersecurity Analyst) develops technical products and presents highly technical subjects to a variety of audiences ranging from non-technical senior leaders to highly technical subject matter experts. The Sr. Vulnerability Analyst (Sr. Cybersecurity Analyst) collaborates with other vulnerability management professionals in the Federal space and throughout the Federal Reserve System to develop and implement cybersecurity solutions that enable vulnerability management activities. The Sr. Vulnerability Analyst (Sr. Cybersecurity Analyst) provides technical and analytical vulnerability assessments to support information security engineering decisions to ensure Board information and systems are adequately protected.

Highly Desirable:

· At least 5-7 years of full-time experience supporting a vulnerability management program.

· Experience applying industry standards and best practices in an operational environment to adequately manage risk and mitigate vulnerabilities as part of an enterprise service.

· Experience with a variety of vulnerability and patch management technologies including, but not limited to, Qualys, Tenable, Nessus, Invicti, Fortify, CrowdStrike Falcon Spotlight, Microsoft Defender Vulnerability Management, etc.

· Experience applying expert knowledge of adversary tactics, techniques, and procedures to identify, prioritize, and ultimately respond to vulnerabilities identified within the Board’s enterprise network.

· Experience mentoring less experienced team members in vulnerability management and response activities.

· Experience in vulnerability analysis, threat modeling, and designing mitigation and remediation strategies.

· Experience managing vulnerabilities in on-premises systems, mobile devices, and in cloud environments, (e.g. Amazon Web Services, Microsoft Azure, Google Cloud, and Data Centers).

· Experience developing programs and/or automated tools using a programming / scripting languages (e.g. Python, PowerShell, etc.).

· Familiarity with relevant policies, procedures, and be able to work with TOP SECRET / SENSITIVE COMPARTMENTED INFORMATION.

· Demonstrated resourcefulness and advanced critical thinking skills to independently direct, analyze, and implement solutions for all the various complex problems that arise in the administrative and operations area.

· Expert technical writing and communications skills. Contacts are often with division leadership, but also with staff at all levels; a significant degree of coordination and contact with other units/sections/divisions may also be required.

· Ability to construct clear and concise written work and applies an increasingly advanced understanding of grammar, sentence structure, and intended audience(s) to the process of writing and editing such work.

· Ability to explain to cross-team or cross-divisional partners items of high levels of complexity.

· Possess skills in negotiation and persuasion in performing duties and influencing support for change.

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

Position requirements:

For the FR27: A bachelor’s degree in human resources, business administration, or another related field and a minimum of 6 years of related experience, or a master’s degree in a related field and 4 years of related experience. Requires excellent interpersonal, oral, and written communication skills as well as high level analytical ability. Also requires a broad working knowledge of all areas of HR normally acquired through at least one year of HR generalist experience. Additionally, an understanding of benefits and compensation strategies, policies, rules, and methodologies are preferred. Familiarity with Reserve Bank operations and Reserve Bank policies, procedures, rules, and methodologies are also desirable.

For the FR28: A bachelor’s degree in human resources, business administration, or another related field and a minimum of 8 years of related experience, or a master’s degree in a related field and 6 years of related experience. Requires excellent interpersonal, oral, and written communication skills as well as high level analytical ability. Also requires a broad working knowledge of all areas of HR normally acquired through at least one year of HR generalist experience. Additionally, an understanding of benefits and compensation strategies, policies, rules, and methodologies are preferred. Familiarity with Reserve Bank operations and Reserve Bank policies, procedures, rules, and methodologies are also desirable.

Remarks:

This position's work is broad in scope covering one or more complex areas. Policy, procedure, or precedent are typically created by this position. Senior HR analysts will perform qualitative and quantitative analysis in support of the Board’s responsibilities and policy objectives. The successful candidate will demonstrate critical thinking skills, excellent written and oral communication skills, the ability to use sound judgement, assimilate new information quickly, analyze complex problems, and take initiative. Senior HR analysts will contribute to oversight of Reserve Banks, including participating on review and examinations, assessing new initiatives, and conducting ongoing monitoring. Senior HR analysts will contribute to policy and regulatory processes by assessing Reserve Bank consistency with current policy and regulation, identifying novel issues and emerging risks, and providing expertise to support changes to policy and regulation. Senior HR analysts have general oversight responsibility for the Reserve Banks’ compensation, workforce strategy, and benefits programs and may help develop or lead the development of strategies for Reserve Bank human resources including compensation, benefits, and workforce strategy. Previous knowledge of one or more of these topics, or experience in HR operations is preferred.

This position will require extensive interaction with Reserve Bank and Board staff and officials. Senior HR analysts produce written materials for a variety of audiences.

This position requires some travel. A writing sample may be required.

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.

A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience, or a master’s degree in a related field and 3 years of related experience (FR-26) or A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 6 years of related experience, or a master’s degree in a related field and 4 years of related experience (FR-27).

REMARKS:

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Remarks:

The Sr. Financial Institution and Policy Analyst will be a member of Innovation Policy Section within the Board’s Supervision and Regulation Division, supporting the group’s efforts to develop appropriate policy tools to address risks that might arise from innovation in banking. Areas of responsibility can include bank-fintech partnerships, including banking-as-a-service relationships, crypto-assets, blockchain, third party risk management, and open banking. The team also works closely with other Divisions at the Federal Reserve Board to conduct analysis on emerging issues, such as novel activity occurring outside the regulatory perimeter.

Specific responsibilities of the position:

Conducts research and analysis related to emerging technologies such as blockchain, open banking, cloud-computing and application programming interfaces, their application in banking, and related risks and benefits.Identifies and monitors emerging business models and partnerships that leverage technology and fintech relationships, to deliver banking products and services.Identifies gaps in third party risk management framework, and develops appropriate policy responses.Drafts policy guidance for supervised institutions.Supports the development and execution of analytical projects involving large confidential datasets to give insight into novel, complex policy issues.Analyzes and prepares written memoranda or research on complex policy issues.Performs ad hoc projects and special studies.Assists in developing materials for briefings to senior leadership.

The ideal candidate should have:

understanding of or prior experience in relevant areas such as third-party risk management, cryptocurrency, blockchain, open banking, application programming interfaces, cloud computing, data aggregation services, data security, marketplace lending, or payment systemthe ability to write about complex concepts in clear well-structured prosetechnical and intellectual agility, analytical thinking, attention to detailability to collaborate, develop rapport and credibility with a variety of stakeholders at the Board and other US financial regulatory agenciesability to distill complex information, identify appropriate options or solutions and evaluate potential implications of a given approachexcellent project management, time management and organizational skills to manage multiple and often conflicting priorities effectivelyrelevant knowledge regarding finance, financial institutions, bank regulation, and economic trendsfamiliarity with the laws and regulations governing the operations of banks, bank holding companies, and related non-banking activitiesperspective, sound judgment, diplomacy, tactstrong written and verbal communication skillsability to handle confidential information and data

A writing sample/assessment may be requested.

Travel is infrequent.

Note: This position is located in Washington DC and will require on-site presence 4 times per month and as business needs require.

A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience, or a master’s degree in a the above fields and 3 years of related experience.

About the Team

The Digital Innovations Policy team examines emerging issues at the nexus of technology and payments, clearing, and settlement – most notably related to the future of payments. These issues include the changing nature of money and payments platforms in an increasingly digital environment; the potential benefits and risks associated with digital assets such as stablecoins and other digital currencies; the potential effects of artificial intelligence (AI) on payments; the effects of digital innovations on the operation and oversight of Federal Reserve financial services; and the supervisory and regulatory framework for emerging payments platforms, activities, and institutions.

About the Role
The analyst will contribute to quantitative and qualitative policy research and analysis on digital assets, distributed ledger technology, AI, and other topics at the intersection of technology and payments. The analyst will also draft policy communications such as talking points and speeches on these topics. The analyst will also participate in the team’s engagement and/or collaboration with stakeholders across the Federal Reserve System and the public and private sectors.

Position requirements include, but are not limited to:
• Knowledge or ability to learn about and inform others on innovations in payments
• Knowledge or ability to develop expertise related to payments, clearing, and settlement
• Experience conducting statistical analysis
• Ability to simplify complex policy and technical topics and create written deliverables for a general audience
• Ability to effectively communicate and collaborate with a variety of subject matter experts, such as economists, policy analysts, technologists, and other stakeholders
• Comfort with ambiguity and the ability to quickly assimilate new information

The ideal candidate will possess:
• Familiarity with public policy analysis and public policy communications
• Specific knowledge of emerging digital assets and the data sources used to analyze the digital asset ecosystem
• Experience working with R and Python and developing data visualizations
• Academic background/degree in public policy, economics, finance, political science, or related fields

Note

A writing sample may be requested.This position is located in Washington, D.C. and will require on-site presence for a minimum of six days per month.