2027 Summer Intern - Supervision Group - Junior

Federal Reserve Bank of New York; New York (NY); On-site; USD 6,100 - 8,300; Full time

Job summary

The Undergraduate Summer Analyst Program at the Federal Reserve Bank of New York offers undergraduate juniors valuable work experience in a unique institution. Through dynamic, project-based assignments and professional development activities, interns gain cohort-based learning, real-world experience, and opportunities to contribute to meaningful work.

Summer Analysts work in a specific area for ten weeks, with mentorship and networking across the New York Fed.

Qualifications

• Interest in economics, public policy, and/or finance with a strong academic record.
• Ability to commit to a 10-week summer internship.
• Proven written and verbal communication skills.

Responsibilities

• Engage in project-based assignments across a business area for ten weeks.
• Develop professional skills through seminars, mentorship and collaboration.
• Contribute to meaningful work with real-world impact during the internship.

Skills

Strong written and verbal comms

Organized and resourceful

Ability to learn quickly

Curiosity and critical thinking

Research and writing skills

MS Office proficient

Education

Undergraduate student (junior)

Tools

Tableau

SQL

Python

Stata

Job description

Company

Federal Reserve Bank of New York When you work at the New York Fed, you have the opportunity to make 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 time remains important to achieving our mission.

Program Description

The Undergraduate Summer Analyst Program gives undergraduate juniors 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 with a strong sense of 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 Feds, giving them direct insight into the public service and financial services world

Junior interns work in one specific business area or function for ten weeks, and have 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 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 supervision in order to promote 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 to identify emerging supervisory risks and develop domestic and international supervisory policy.

The Supervision Group Intern Program encompasses seven distinct functions- Business Services- Quality Assurance, GSIB (Globally Systemic Important Banks) Risk Exams, Large and Foreign Banking Organizations, Supervisory Analysis, Regional and Community Financial Institutions, Consumer Compliance, and Financial Market Infrastructure, each requiring different expertise. 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.

How You’ll Make an Impact as a Supervision Intern (Junior)

The Summer Analyst provides outstanding undergraduate students with the opportunity to gain valuable work experience with a unique institution. Through advanced work assignments and professional development activities, Summer Analysts are provided with an extensive understanding of the work of the New York Fed. Summer Analysts will be given the opportunity to enhance their business skills through critical financial analysis, formal presentations, research, and writing. Summer Analysts are assigned to a particular business area for the summer, and they will also have opportunities for collaboration with other Summer Analysts, and full-time employees.

The Unique Skill Sets We’re Looking For

As a Summer Analyst, you must have a demonstrated interest in economics, public policy, and/or finance and a strong academic record. We encourage candidates of all backgrounds (including Liberal Arts) to apply.

Core Skills

• Strong written and verbal communication skills with the ability to synthesize information and explain it


• Organized and resourceful, with the ability to work as part of a team and independently


• Ability to assimilate new information and learn new tools/systems


• Curiosity and critical thinking skills


• Research and writing skills


• Proficiency in MS Office Suite

Specialized Skills

• Data & Technology: Data analytics, statistical software tools (Macros, VBA, SQL, Stata, Python), data visualization tools (Tableau), IT/Computer Science, Cyber


• Risk & Markets: Capital markets, risk management, audit, quality assurance


• Governance, Compliance & Policy: Compliance, legal, consumer protection


• Valued Industry Experience: Financial institutions (large banks, community banks, financial market infrastructure) Public sector/regulatory agencies Consulting firms Corporate sector

Application Deadline

The application deadline is October 5th, 2026 (11:59 PM EST).

Compensation

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 $72,100. 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.

Eligibility

This internship is paid. Summer housing is not provided. Qualified candidates are expected to graduate between Winter 2027 Spring 2028.

Employment Type

Full Time / Part Time: Full time Regular / Temporary Temporary Job Exempt (Yes / No) No.

Equal Opportunity

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. We welcome applications from all backgrounds, genders, ages, and racial groups, and we promote a diverse workforce. We are a disability-confident organization, and we are actively seeking to support persons with disabilities. We also value a work environment that supports the mental, emotional, and spiritual well-being of all employees and applicants.

Privacy Notice

Our bank has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government. Our people are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

Why Our People Choose Us

Our reputation precedes us. There will always be room for personal growth. Our people are first. You’ll find the right balance. Your responsibilities will be meaningful. We hope that you will be our future colleague.