Year-Round Intern, LFBO Firm Oversight
The Federal Reserve Board (Board) provides students opportunities for career success. The Board’s Internship program is designed to provide valuable work experience for graduate students considering careers including, but not limited to, economics, finance and accounting, information systems, and data analysis. The Board believes that by combining academic endeavors with project-related work experience, qualified and capable college students can gain the practical knowledge need in a competitive global job market. Internships are paid positions with salaries commensurate with credit hours; internships may be in-person, remote or hybrid, depending on the needs of the team. Employment in the Board’s internship program is granted to U.S. citizens. Applicants must be currently enrolled in a graduate degree program at an accredited university and returning to continue studies after the internship. Interns receive a syllabus or research project plan outlining their projects and goals for the internship. Interns are assigned a supervisor or mentor to guide them through their internship, and regular check-in meetings with their manager to manage performance expectations and assist with learning goals. Interns have access to a wide range of training programs and events for professional development purposes.
Qualifications - External
In support of the Firm Oversight section, the intern’s responsibilities include data gathering of activities related to bank holding companies, commercial banks, and foreign banking organizations. In connection with the data gathering responsibility, the intern, working closely with Board Financial Institution Analysts, will review and analyze data and make recommendations in support of supervisory decisions and/or policy matters.
The intern will participate in special studies and projects relating to financial institution supervision and regulation and will assist section staff in the analysis of existing programs, policies, procedures, and applications and contribute to efforts to revise processes impacting the Federal Reserve's supervision of domestic and foreign banking organizations.
The intern may assist staff in preparation of charts, tables, and briefing material used by Division management in making presentations at Board/System meetings.
Suggested Major/Minor: Graduate-level student working on an MBA, or related program in Finance, business, policy or a related field.
Required skills: Background in business, Microsoft Office tools and strong communication skills.
Preferred skills: Programming experience are preferred but not required.
Required Documents for application: Resume, cover letter and an unofficial transcript.
Location: This position is open to candidates able to work in a hybrid capacity, with some days onsite at our offices in Washington, DC. Considerations will be made to consider off-site work depending on conditions.
Expected Start Date: Late fall 2023 for one year
Expected hours per week: 20 hours/week during the semester; 40 hours per week during the summer.
U.S Citizenship is required for all Board internships and applicants must be current students, graduating from their program Spring 2025 or later.