Federal Reserve Summer Technical 2027 Internship

Federal Reserve Bank of Richmond; Richmond (VA); On-site; USD 32,000 - 34,000; Full time

Job summary

The Federal Reserve Bank of Richmond and System IT are offering a 2027 Summer Intern Program. This internship provides students with valuable work experience at a unique institution, including advanced project work, professional development, leadership training, mentorship, and exclusive networking opportunities.

Interns will perform analyses, collaborate with clients, gather information, and participate in cross-functional initiatives to improve processes and technology solutions.

Qualifications

• Pursuing degree or advanced certification with a STEM curriculum.
• Demonstrated ability to influence and lead others.
• Communication and interpersonal skills, including the ability to work effectively in a team environment.
• Creative thinker who embraces change.
• Strong project management skills, including organization, planning, and execution, analytical and problem-solving skills.

Responsibilities

• Uses established methods and tools to perform moderately complex analyses of business issues.
• Works with clients and other resources to assess current capabilities, identify customer needs and assist in recommendation process improvements.
• Provides support in gathering, analyzing and compiling information from end-users and stakeholders to ensure processes, software and/or applications meet business requirements.
• Contributes 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

STEM focus

Leadership

Teamwork

Creative thinking

Project management

Education

Pursuing STEM degree

Job description

Company

Federal Reserve Bank of Richmond

Federal Reserve Bank of Richmond

When 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 System 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 issues
• Works with clients and other resources to assess current capabilities, identify customer needs and assist in recommendation process improvements
• Provides support in gathering, analyzing and compiling information from end-users and stakeholders to ensure processes, software and/or applications meet business requirements
• Contributes 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

Qualifications

• Pursuing degree or advanced certification with a STEM (Science, Technology, and Engineering, or Math) focused curriculum
• Demonstrated ability to influence and lead others
• Communication and interpersonal skills, including the ability to work effectively in a team environment
• Creative thinker who embraces change
• Strong project management skills, including organization, planning, and execution, analytical and problem-solving skills

Other 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 atwww.richmondfed.org.
• US Citizenship status is 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 required
• Due 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 information

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.

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