Summer 2027 Intern – Consumer Compliance – Division of Consumer & Community Affairs

Federal Reserve Board

Washington (District of Columbia)

On-site

USD 36,000 - 47,000

Full time

14 days+

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Job summary

The Federal Reserve Board invites students to join its internship program, offering exposure to economics, finance, accounting, information systems, and data analysis. Interns are paid and may be in-person, remote, or hybrid, with on-site duties in Washington, DC. U.S.

citizenship is required, and candidates must be enrolled and returning to school after the internship. Supervisors provide guidance, check-ins, and professional development opportunities.

Qualifications

  • Robust analytical thinking and qualitative research abilities.
  • Strong written and verbal communication skills, with the ability to summarize complex information clearly.
  • Collaboration and working in a team environment, interpersonal skills.
  • Experience or interest in consumer compliance supervision.

Responsibilities

  • Assist in analyses relating to streamlining examiner guidance and supervisory policy documents.
  • Help track and monitor key supervisory priorities, projects, and deliverables.
  • Prepare briefing materials, presentations, and executive summaries for multiple audiences.
  • Contribute to cross-sectional coordination within DCCA and related offices.

Skills

Analytical thinking
Written communication
Verbal communication
Team collaboration
Consumer compliance interest

Education

Enrollment in undergrad/grad program

Job description

Always verify and apply to jobs on the official Federal Reserve Board career site or through verified Federal Reserve Board social media channels.

Minimum Education

Enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship.

Minimum Experience

0

Summary

The Federal Reserve Board (Board) provides students opportunities for career success. The Board’s Internship program is designed to provide valuable work experience for undergraduate and graduate students considering careers including, but not limited to, economics, finance and accounting, information systems, and data analysis. The Board believes that by combining academic endeavors with project-related work experience, qualified and capable college students can gain the practical knowledge need in a competitive global job market. Internships are paid positions with salaries commensurate with credit hours; internships may be in-person, remote or hybrid, depending on the needs of the team. Employment in the Board’s internship program is granted to U.S. citizens. Applicants must be currently enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship. Interns receive a syllabus or research project plan outlining their projects and goals for the internship. Interns are assigned a supervisor or mentor to guide them through their internship, and regular check-in meetings with their manager to manage performance expectations and assist with learning goals. Interns have access to a wide range of training programs and events for professional development purposes.

Qualifications

The Supervisory Policy and Oversight team works to ensure effectiveness and consistency of the Board’s consumer compliance supervision programs, which includes the development, revision and maintenance of System training, policies and procedures, manuals, data systems, monitoring programs, and interagency efforts related to the program. The intern will work with the team to conduct analyses relating to streamlining examiner guidance and other supervisory policy documents and assist in tracking and monitoring key supervisory priorities, projects, and deliverables. Cross-sectional coordination with other offices in the Consumer Protection Supervision Branch is anticipated.

Overview of Division, Section and Team:

The selected intern will be joining the Supervisory Policy and Outreach team in the Division of Consumer and Community Affairs (DCCA) and will engage in cross-sectional coordination with DCCA’s Reserve Bank Oversight team. DCCA’s Supervisory Policy and Outreach team develops supervisory policy and issues related guidance for System staff and supervised institutions to promote effective supervision and compliance with consumer protection laws and regulations and to evaluate institutions’ performance under the Community Reinvestment Act. The team also engages in outreach to stay informed about issues of interest to external stakeholders, including industry representatives and consumer advocates. This outreach informs DCCA’s supervisory and policy-related activities.

Expected Projects:
  • Analyses relating to streamlining examiner guidance and other supervisory policy documents
  • Assist in tracking and monitoring key supervisory priorities, projects, and deliverables
  • Prepare briefing materials, presentations, and executive summaries for multiple audiences
  • Contribute to special projects and oversight or policy initiatives
  • Engage in cross-sectional coordination within the Consumer Protection Supervision branch of DCCA
Suggested Major/Minor:

finance, business, economics, public policy, political science, or a related field.

Required Skills And Knowledge
  • Robust analytical thinking and qualitative research abilities
  • Strong written and verbal communication skills, with the ability to summarize complex information clearly
  • Collaboration and working in team environment, interpersonal skills
  • Experience or interest in consumer compliance supervision
Preferred Skills
  • Attention to detail
  • Proactive problem-solving
Required Documents for application:

A copy of an unofficial transcript may be requested. Interested candidates should submit a resume and cover letter.

Notes

US Citizenship is required. Applicants must be current students, graduating from their program August 2027 or later. Proof of enrollment will be required. This position will require an on-site presence in Washington, DC.

keywords

consumer protection, consumer compliance, supervisory policy, program oversight

Job Type

Intern (Fixed Term)

Job Exempt

No

Relocation Provided

No

Compensation Grade(s)

FH Pay Grade 20 - FH Pay Grade 22

Pay

26.25-33.65

Rehabilitation Act

The Board complies with the Rehabilitation Act of 1973, as amended, and provides job applicants with disabilities reasonable accommodations to assist them in applying for jobs at the Board. If you have a disability and would like to request an accommodation in order to apply for a job at the Board, please call 202-452-3880 or e-mail FRBRecruiting@frb.gov.

Equal Opportunity Employer

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services.

Privacy

You may review the Federal Reserve Board's Privacy Act Notice at https://www.federalreserve.gov/careers/files/fr1273.pdf.

Paperwork Reduction Act

OMB No. 7100-0181

Approval Expires October 31, 2029

Public reporting burden for this collection of information is estimated to average 0.26-0.71 hours per response, including the time to gather and maintain data in the required form and to review instructions and complete the information collection. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden to: Secretary, Board of Governors of the Federal Reserve System, Washington, DC 20551; and to the Office of Management and Budget, Paperwork Reduction Project (7100-0181), Washington, DC 20503. The Federal Reserve may not conduct or sponsor, and an organization (or a person) is not required to respond to a collection of information unless it displays a currently valid OMB control number.

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