2027 Summer Intern - Statistics - Sophomore Intern

Federal Reserve System; New York (NY); On-site; USD 59,000 - 72,000; Full time

Job summary

The Federal Reserve Bank of New York invites applications for a Sophomore Career Exploration Internship in the Statistics Function. Ten weeks of project-based work, mentorship, and professional development await in a cohort-based setting.

You will contribute to data capture, quality assurance, and analysis for various data collections, with opportunities to learn from senior leaders in a mission-driven environment.

Qualifications

• Interest in finance, data science, accounting, economics, capital markets or operations with strong academics.
• Working knowledge of Microsoft Office; familiarity with Tableau, PowerBuilder, Python and R.
• Ability to work independently and in a team environment.

Responsibilities

• Supports data capture, QA and analysis for data collections for internal and external stakeholders.
• Performs data analysis and visualization to support client outputs.

Skills

Finance focus

Data analysis

Independence and teamwork

Tools

Tableau

PowerBuilder

Python

R

Job description

Company

Federal Reserve Bank of New York

When you work at the New York Fed, youhave the opportunity tomake an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system.

At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to timeremainsimportant to achieving our mission.

Program Description

The Sophomore Career Exploration Internship gives undergraduate sophomores the opportunity to gain valuable work experience at a unique institution. Through dynamic, project-based work assignments and professional development activities, students get:

• A cohort-based learning model witha strong senseof community


• Real-world experience that helps them build strong skills and knowledge in their area of interest


• The chance to contribute to meaningful work that makes an impact on the lives of all Americans


• Opportunities to meet, network with, and work alongside our mission-driven, curious colleagues—all of whom are happy to share their experiences and advice


• An experienced professional mentor to support them throughout the program


• Access to learning events with senior leaders from the New York Fed, giving them direct insight into the public service and financial services world

Sophomore interns work in one specific business area or function for ten weeks, andhave access to opportunities for collaboration with other students and employees from around the Bank.

At the end of the program, students leave with strong skills, professional connections, and meaningful experiences that will support them in their long-term careers.

Our Unique Work

The Federal Reserve Bank of New York’s Statistics Functionprovidescritical data capabilities in support ofa safe and soundfinancial system.The Function manages the ingestion and quality assurance of financial and organizational data from domestic and foreign depository institutions, capital market participants, and bank holding companies.

HowYou’llMake an Impact as a Research & Statistics Intern (Sophomore)

• Supports critical financial/organizational structure data capture, quality assurance, and analysis for data collections on behalf of a wide range of internal and external stakeholders


• Conducts data analysis and visualization, as needed, to support client outputs

The Unique Skill SetsWe’reLooking For

• A demonstrated interest in finance, data science, accounting, economics, capital markets, business, or operational management with a strong academic record and passion for data analysis.


• Demonstrated working knowledge of Microsoft Office Suite (e.g., Excel, Word, PowerPoint) and familiarity with Tableau, PowerBuilder,Pythonand R.


• Ability to work independently as well as in a team environment.

Other Things to Know:

_Salary Range:___Your regular wages for the 10 weeks will be paid on a semi-monthly basis and will be calculated based on an annual salary of $65,600

We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whetheryou’restretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions

_This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible_

Our culture is deeply grounded in our Touchstone Behaviors. By working with us,you’llhave the opportunity to develop anddemonstrateyour ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achievesuccess,andset clear expectations for leading with impact at every stage of your career.

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person.

We value accessibility for all candidates and are happy to provide an accommodation orassistance. Please email us at [e-mail] andwe’llbe glad to help. Please note, this email box is designed exclusively toassistjob applicants with accommodation requests. All other inquires, including the status of applications, will not receive a response.

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This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts,skillsor working conditions associated with the job. While this is intended to bean accuratereflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.

Full Time / Part Time

Full time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Internship Family Group

Work Shift

First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.