Payments Forum Intern - Spring/Summer 2027

Federal Reserve Bank of New York

Atlanta (GA)

On-site

USD 2,066,000 - 3,031,000

Full time

4 days ago
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Benefits offered by this job

MARTA passes provided
LinkedIn Learning access
FedFuel career development tool
Café and dining options on-site
Dress for your day
Flexible hours
Fitness center access
Professional development opportunities
Networking

Job summary

The Federal Reserve Bank of Atlanta invites students to join its Spring and Summer 2027 Internship Program. The position runs January 2027 through August 2027, with 15 hours/week in Spring (Mon-Fri, 8AM-5PM EST) and 30 hours/week in Summer (Mon-Fri, 8AM-5PM EST). Onsite work is preferred; remote eligibility is possible.

Candidates must be available for background screening and timing adjustments. Selected interns will engage in the FRPS data collection and validation under the Payments Forum in

Qualifications

  • Undergraduate or graduate student status required.
  • Economics focus preferred for eligibility.
  • Excellent verbal and written communication skills.
  • Creative thinking and problem-solving abilities.
  • Strong organizational skills, attention to detail, and ability to meet deadlines.

Responsibilities

  • Help recruit depository and financial institutions, major card networks, payments processors, and card issuers for the FRPS.
  • Submit and validate data as part of the Payments Study in coordination with the Payments Forum and Board of Governors.
  • Collaborate with team members to ensure timely data collection and analysis for research insights.

Skills

Verbal communication
Written communication
Creative thinking
Problem solving
Organizational skills

Education

Undergraduate/Graduate student
Economics focus preferred

Job description

Company Federal Reserve Bank of Atlanta As an employee of the Atlanta Fed, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper. The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person. Onsite work is an essential function of this position, and you are required to be onsite according to the schedule set by your management.

Program Details

The Federal Reserve Bank of Atlanta Research Department is now hiring for our Spring and Summer 2027 Internship Program. This is an onsite/ hybrid (Preferred) or remote position eligible; candidate must be available to work 15 hours a week during the Spring semester (January - early May): Monday-Friday 8AM-5PM EST; and 30 hours a week during the Summer semester (late May - early August) during the following days/times: Monday - Friday 8AM - 5PM EST. Opportunity exists to work on-site during the Summer semester to engage in the Atlanta Fed’s broader internship program offerings. The position will start January 2027 through August 2027*.

*date subject to change

Scope of Assignment

Payments Forum – Selected students will be conducting recruitment of depository and financial institutions, major card networks, payments processors, and card issuers through data submission and validation activities as part of the Federal Reserve Payments Study (FRPS) administered by the Atlanta Fed’s Payments Forum in partnership with the Board of Governors of the Federal Reserve System. The FRPS is the most comprehensive, unbiased study of noncash payments activity in the U.S. The FRPS collects data from some 4,000 financial institutions and more than 100 network processors and issuers. Encouraging these respondents to participate and helping them to do so is the goal of the Research Interns. More information about the FRPS can be found here.

Qualifications
  • Preference will be given to candidates willing to make a two-semester commitment (Spring/Summer 2027).
  • Currently enrolled as an undergraduate or graduate student, preferably in economics.
  • Excellent verbal and written communication skills.
  • Creative thinking and problem-solving skills.
  • Organizational skills, attention to detail, and ability to meet deadlines.
Benefits to Interns
  • Professional development opportunities
  • Networking
  • MARTA passes provided
  • Free LinkedIn Learning access
  • Free access to our FedFuel career development tool
  • Café and dining options on-site
  • Dress for your day
  • Flexible hours
  • Access to on-site fitness center
Additional Requirements and Screening
  • This position will require at minimum fingerprinting for a criminal background check, education and employment verification, along with potential additional screening requirements due to the information accessed while performing the job. Any offer of employment is contingent upon satisfactory results of any required background screening. These screenings would be initiated at the time of offer acceptance and can take up to approximately 8 weeks to be completed.
  • The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.
  • For Law Enforcement positions, physical, psychological, drug, stress/EKG, and attending an academy will be required.
Eligibility

Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Legal and Compliance

Federal Reserve Bank of Atlanta employees must comply with the Bank’s ethics rules. These rules generally prohibit employees, their spouses/domestic partners, and minor children from holding financial interests (such as common stock and corporate bonds) issued by financial institutions. This prohibition also applies to investment funds that focus on investing in the financial sector. If you, your spouse/domestic partner, or minor child own such securities, you will generally be asked to divest them if you accept an offer of Bank employment. If you have concerns about this prohibition, you should raise the issue with the recruiter for this posting early in the process.

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, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments).

Equal Opportunity

The Federal Reserve Bank of Atlanta is an equal opportunity employer.

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.

Company Overview

Our BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—the most influential, trusted and prestigious financial organization. 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.

People and Culture

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.

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