Summer 2027 Intern - ESPRO/FP&A - DFM

Federal Reserve Board; Washington (District of Columbia); On-site; USD 28,000 - 39,000; Full time

Job summary

The Federal Reserve Board Internship Program offers opportunities for undergraduate and graduate students to gain hands-on experience in economics, finance, accounting, information systems, and data analysis. Internships are paid and may be in-person, remote, or hybrid, depending on team needs. U.S.

citizenship is required, and applicants must be enrolled and plan to return to studies after the internship. Interns are assigned a supervisor and receive a syllabus or project plan with defined

Qualifications

• Enrolled in an accredited university and returning to continue studies after the internship.
• Interest in economics, finance, accounting, information systems, or data analysis is preferred.
• U.S. citizenship required; able to work in the United States.

Responsibilities

• Support quarterly performance reporting with data extraction and edits to reports.
• Assist with the annual Operating Plan process by providing analytic assessments and incorporating budget data.
• Assist with technical projects including SharePoint work and AI initiatives.
• Help develop team meeting agendas and support ad hoc projects with timely analysis.

Skills

Microsoft Office

Financial analysis

Education

Undergraduate or Graduate degree program

Tools

Microsoft SharePoint

Job description

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 And Responsibilities

Enterprise Strategy, Performance, and Risk Office (ESPRO)/ Financial Planning and Analysis (FP&A) within the Division of Management & Financial Services

• Support the Board's quarterly performance reporting process, including incorporating daily pulls of relevant content and budget performance information, as well as reviewing and editing the report
• Support the annual Operating Plan process by:
  • Providing analytic assessments of divisions' operating plans
  • Incorporating budget performance information
  • Analyzing Service Line Summaries
• Support staff on technical projects, including work on SharePoint sites and AI projects
• Support the development of team meetings and associated agendas
• Support ad hoc projects and provide timely analysis as requested

ESPRO

• Assist with Financial Services (FS) branch quarterly reporting responsibilities and year-end preparations
• Support the annual review of the Investment Review Board (IRB) verification and website updates
• Perform the annual site revalidation and updating of the Board's Project Management Community of Practice (PMCP) site
• Support each phase of the enterprise risk management (ERM) lifecycle, including risk identification and assessment, reporting, and response
• Assist with recurring and ad hoc ERM work products, including risk profiles, risk reports, and key risk indicators

FP&A

• Support the financial analysis of the Board’s budget and forecast and developing reports on budget performance
• Assist with documenting the budget and forecast development and reporting process

Qualifications

Suggested Major/Minor: Finance, Business, Economics, Data Science/Statistics, Information Systems, Public Policy

Required Skills/Knowledge

Microsoft Office

Preferred Skills/Knowledge

Experience with financial analysis, Microsoft SharePoint

Location

This position requires an onsite presence at our offices in Washington, D.C. [Summer internships should be onsite.

Note

Note: U.S. Citizenship is required. Applicants must be current students, graduating from their program August 2027 or later. Proof of enrollment will be required.

Job Type

Intern (Fixed Term)

Job Exempt

No

Relocation Provided

Yes

Compensation Grade(s)

FH Pay Grade 20

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 [e-mail].

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.