Federal Reserve Summer Business 2027 Internship

Federal Reserve Bank of New York; Richmond (VA); On-site; USD 28,000 - 39,000; Full time

Job summary

The Federal Reserve Bank of Richmond and National IT are hiring for our 2027 Summer Intern Program. Interns gain valuable work experience through advanced project work assignments, professional development, leadership training, mentorship, and networking opportunities.

Responsibilities include performing moderately complex analyses, gathering and analyzing information, supporting process improvements, and collaborating with cross-functional teams.

Qualifications

• Pursuing degree or advanced certification.
• Ability to influence and lead others.
• Strong communication and interpersonal skills.
• Strong project management, organization and execution.

Responsibilities

• Perform moderately complex analyses of business issues.
• Assess current capabilities, identify customer needs and assist in process improvements.
• Support gathering, analyzing and compiling information from end-users and stakeholders to ensure processes, software and/or applications meet business requirements.
• Contribute to process improvement and solution discussions, may present outcomes to management.
• May participate in cross-functional team initiatives, process improvement and/or technology-based projects.
• Escalates non-routine or unusual problems to higher level support staff as appropriate.

Skills

Communication skills

Team collaboration

Analytical thinking

Problem-solving

Leadership potential

Education

Pursuing degree or advanced certification

Job description

CompanyFederal Reserve Bank of RichmondWhen you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic team of mission-driven professionals to strengthen and protect our economy and our communities.Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.About the Opportunity:The Federal Reserve Bank of Richmond and National IT are now hiring for our 2027 Summer Intern Program.The Summer Internship Program provides outstanding students with the opportunity to gain valuable work experience at a unique institution. Through advanced project work assignments and professional development activities, interns are provided with an extensive understanding of the work of the Federal Reserve. Interns will be given the opportunity to enhance their business skills through critical financial analysis, formal presentations, research and writing. In addition to specific business area tasks, you will receive targeted leadership training, mentorship and exclusive networking opportunities.What You Will Do:Utilizes established methods and tools to perform moderately complex analyses of business issuesWorks with clients and other resources to assess current capabilities, identify customer needs and assist in recommendation process improvementsProvides support in gathering, analyzing and compiling information from end-users and stakeholders to ensure processes, software and/or applications meet business requirementsContributes to process improvement and solution discussions, may present outcomes to managementMay participate in cross-functional team initiatives, process improvement and/or technology-based projectsEscalates non-routine or unusual problems to higher level support staff as appropriateQualifications:Pursuing degree or advanced certificationDemonstrated ability to influence and lead othersCommunication and interpersonal skills, including the ability to work effectively in a team environmentCreative thinker who embraces changeStrong project management skills, including organization, planning, and execution, analytical and problem-solving skillsOther Requirements and Considerations:Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions. The Code is available on the About Us, Careers webpage at www.richmondfed.org.US Citizenship status required. Sponsorship is not available for this role.Selected candidate is subject to special background check procedures.The hourly rate for summer interns is $ 23.50 / hour.Onsite presence requiredDue to the volume of submissions we receive, we may be unable to contact each individual directly.The Federal Reserve Bank of Richmond provides equal opportunity to all individuals without regard to race, sex, color, religion, gender identity or expression, sexual orientation, national origin, age, disability, or genetic informationFull Time / Part TimeFull timeRegular / TemporaryTemporaryJob Exempt (Yes / No)NoJob CategoryInternship Family GroupWork ShiftFirst (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.Privacy Notice