Community Development Intern - 2027

Federal Reserve Bank of Cleveland; Cleveland (OH); On-site; USD 29,000 - 36,000; Full time

Benefits offered by this job

Hands-On Experience

Mentorship

Networking Opportunities

Professional Development

Job summary

Federal Reserve Bank of Cleveland seeks innovative thinkers for a 10- to 12-week internship in the Community Development department. Fellows will conduct quantitative and qualitative research on affordable housing, workforce and economic development, and access to good jobs for low- and moderate-income communities.

Interns work 40 hours per week onsite in Cleveland, Ohio, with opportunities to contribute to publications, assist with outreach, and gain hands-on experience in data analysis using

Qualifications

• Currently pursuing Bachelor’s or Master’s degree in Economics, Public Administration, Public Policy, Urban Studies, or related field with a minimum GPA of 3.0.
• Should have at least one semester left to complete in school.
• Strong writing and interpersonal skills.
• Strong computer/technical skills; experience collecting, manipulating, and analyzing large datasets (Excel required; GIS, R, Python or STATA a plus).

Responsibilities

• Contribute to team projects using quantitative and qualitative research methods to learn about economic and community development programs and policies.
• Assist with data gathering and manipulating data using statistical packages and programming languages (Excel, STATA, R, Python).
• Participate in preparation of online and written publications and briefs for internal and external stakeholders.
• Assist with outreach, public programs and events.

Skills

Strong writing

Multitasking

Deadline driven

Data analysis

Education

Bachelor’s or Master’s degree in Economics/ Public Administration/ Public Policy/ Urban Studies

Tools

Excel

GIS

R

Python

STATA

Job description

Company

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is part of the nation’s central bank. We’ve provided many opportunities for professional growth during our history.

For twenty-seven years in a row, we’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.

Our People Make the Difference! The Federal Reserve Bank of Cleveland is seeking innovative thinkers with vision to build the framework that will carry the Bank into the future.

Follow us on LinkedIn, Twitter, Instagram, and our YouTube channel – Cleveland Fed

To be considered for this role, candidates must be a U.S. citizen, permanent resident, or green card holder.

Take your skills to the next level and gain valuable experience contributing to work within the Community Development department.

Intern Duties

• Contribute to team projects using quantitative and qualitative research methods to learn about economic and community development programs and policies, focused on affordable housing, workforce and economic development, access to good jobs, small business access to credit and other issues that disproportionately affect impact low and moderate-income individuals and communities.
• Assist with additional research involving gathering data from various sources and manipulating data using statistical packages and programming languages such as Excel, STATA, R, and Python.
• Participate in the preparation of online and written publications and briefs for internal and external stakeholders.
• Assist with outreach, public programs and events.

Requirements for Internships

• Currently pursuing Bachelor’s or Master’s degree in Economics, Public Administration, Public Policy, Urban Studies, or related field with a minimum GPA of 3.0.
• Should have at least one semester left to complete in school.
• Strong writing and interpersonal skills.
• Strong computer/technical skills required. Experience collecting, manipulating, and analyzing large datasets (Excel required, GIS, R, Python or STATA a plus).
• Ability to work in a deadline driven environment and ability to multitask.
• Problem solving skills.
• Requires communicating well with people at different levels, frequently sharing information with others while listening to and understanding their points of view.
• Requires logical analysis and solving problem skills, step by step, often looking beyond the obvious solution to a problem and digging deeper for the best solution.

What We Offer

• Hands-On Experience: Gain practical experience and insights into the operations field through real-world projects and challenges.
• Mentorship: Receive guidance and mentorship from experienced professionals who are committed to your development.
• Networking Opportunities: Build connections within the industry and with fellow interns and employees.
• Professional Development: Participate in workshops, training sessions, and seminars designed to enhance your skills and knowledge.

Our interns will work onsite at our Cleveland, Ohio location.

We’re looking for collaborative and innovative full-time students entering their sophomore year or beyond. Our student interns work 40 hours per week for the duration of a 10- to 12-week internship that starts as early as June and ends as late as September, depending on student schedules and business needs.

The expected starting salary range for this position

between $20.50 and $26.00 hourly. Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and market data

To be considered for the position please enter your application by October 31st, 2026.

Physical Demands and General Working Conditions

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, the Federal Reserve Bank of Cleveland reserves the right to revise this or any job description at any time.

Bank’s Ethics Rules and Drug Testing

As a condition of employment, Federal Reserve Bank of Cleveland employees must comply with the Bank’s ethics rules which generally prohibit employees, their spouses/domestic partners, and minor children from owning or controlling, directly or indirectly, any debt or equity interest in a depository institution or an affiliate of a depository institution. A "depository institution" means a bank, a trust company, or any institution that accepts deposits, including a bank chartered under the laws of a foreign country. In addition, employees (and their spouses/domestic partners, and minor children) may not own shares of mutual funds, unit investment trusts or ETFs that have a policy, as stated in the prospectus, of concentrating in the financial services industry and that have underlying investments in banks or other depository institutions. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting.

In addition, as a condition of employment, candidates must undergo a background check and will be tested for all controlled substances prohibited by federal law, to include marijuana, prior to hire and for certain safety sensitive positions during employment.

Reasonable Accommodation Statement

The Federal Reserve Bank of Cleveland is committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. To request a reasonable accommodation for any part of the employment process, please send an email to [e-mail].

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.

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)