Federal Reserve Bank - Washington, DC

posted about 2 months ago

Full-time - Intern
Washington, DC
Monetary Authorities-Central Bank

About the position

The Federal Reserve Board (Board) offers a unique opportunity for students through its Summer 2025 Internship program in the Systems and Operational Resiliency Policy (SORP) section. This internship is designed for undergraduate and graduate students who are currently enrolled in an accredited university and plan to return to their studies after the internship. The program aims to provide valuable work experience in fields such as economics, finance, accounting, information systems, and data analysis. Interns will engage in project-related work that combines academic knowledge with practical experience, preparing them for a competitive job market. Internships at the Board are paid positions, with salaries based on credit hours, and can be conducted in-person, remotely, or in a hybrid format depending on team needs. Interns will receive a structured syllabus or research project plan that outlines their projects and goals, along with guidance from a supervisor or mentor. Regular check-ins with managers will help interns manage performance expectations and assist with their learning objectives. Additionally, interns will have access to various training programs and professional development events. The SORP section is responsible for establishing a policy framework for operational resilience related to risks faced by supervised institutions. This includes promoting a resilient financial system capable of addressing cybersecurity threats and safeguarding critical financial infrastructure. Interns will assist with data governance and oversight, improve data quality for several datasets, and develop tools and reports to facilitate data interaction. They will also engage in policy research and analytics related to proposed rulemaking, utilizing techniques such as network analysis, multiple regression analysis, and natural language processing. This internship provides an excellent opportunity for students to develop research and analytical skills, potentially contributing to published research papers and networking with professionals in the field.

Responsibilities

  • Assisting with data governance and oversight, including 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.

Requirements

  • Currently enrolled in an undergraduate or graduate degree program at an accredited university.
  • Returning to continue studies after the internship.
  • Majoring in economics, statistics, mathematics, or cybersecurity-related fields is encouraged.
  • Data science or research skills are also considered valuable.

Nice-to-haves

  • Graduate level or above preferred, but not required.

Benefits

  • Paid internship with salaries commensurate with credit hours.
  • Access to training programs and professional development events.
  • Opportunity to network with leaders, cybersecurity analysts, and economists.
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