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The Federal Reserve Bank of New York is offering a Graduate Summer Associate internship. This paid program provides hands-on experience in supervision, policy, and financial services, with opportunities to learn from senior leaders and collaborate across teams.
Graduate students with interest in economics, public policy, and finance are encouraged to apply. The program emphasizes professional development, real-world analytics, and meaningful work that supports the U.S.
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.
The Graduate Summer Associate Program gives graduate students the opportunity to gain valuable work experience at a unique institution. Through dynamic, project-based work assignments and professional development activities, students get:
Graduate interns work in one specific business area or function for tenweeks, 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 their long-term careers.
The Supervision Group supervises and regulates financial institutions in the Second District of the Federal Reserve System. We apply our unique insight to influence and execute Federal Reserve System supervisionin order topromote a safe, sound, and stable banking and financial system. Staff in the Group assess the safety and soundness of domestic banking institutions and operations of foreign banking organizations in the district through periodic onsite evaluations and offsite financial analysis and surveillance. The Group also analyzes issues and developments toidentifyemerging supervisory risks and develop domestic and international supervisory policy.
Our Supervision GroupIntern Programencompasses seven distinct functions—Business Services- Quality Assurance, GSIB(Globally Systemic Important Banks)Risk Exams,Large and Foreign Banking Organizations,SupervisoryAnalysis, Regional and Community Financial Institutions, Consumer Compliance, and Financial Market Infrastructure,eachrequiringdifferentexpertise. We encourage you to apply if your background aligns with ANY of the skill tracks below, as we match candidates to functions that best fit their strengths and interests.
Through advanced work assignments and professional development activities, Summer Associates are provided with an extensive understanding of the work of the New York Fed. Summer Associates will be given the opportunity to enhance their business skills through critical financial analysis, formal presentations, research, and writing. Summer Associates are assigned to a particular business area for the summer, and they will also have opportunities for collaboration with other Summer Associates, and full-time employees.
The Supervision Group's Summer Associate Program is open to graduate studentswith demonstrated and applicable full-time work experience. As a Summer Associate, you must have a demonstrated interest in economics, public policy, and/or finance and a strong academic record. We encourage candidates of all backgrounds (includingLiberalArts) to apply.
The application deadline isOctober5th,2026(11:59 PM EST)*. This is a paid internship. Please note, summer housing is not provided. Qualified Candidates areexpectedto graduatebetweenWinter 2027 Spring 2028.
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 $94,900
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 or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this email box is designed exclusively to assist job applicants with accommodation requests. All other inquiries, including the status of applications, will not receive a response.
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)
Yes
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.