Summer 2027 Intern - ESPRO/FP&A- DFM at Federal Reserve Board

Wayne State University; Washington (District of Columbia); On-site; USD 28,000 - 39,000; Full time

Job summary

The Federal Reserve Board in Washington, D.C. offers internships for undergraduate and graduate students considering careers in economics, finance, accounting, information systems, and data analysis.

Internships are paid and may be in-person, remote, or hybrid, with supervision and mentorship provided to guide learning goals. Ideal candidates are enrolled students returning to studies after the internship, with a focus on finance, business, economics, data science, or related fields.

Qualifications

• Required Skills/Knowledge: Microsoft Office.
• Preferred Skills/Knowledge: Experience with financial analysis, Microsoft SharePoint.

Responsibilities

• 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, and 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.

Skills

Microsoft Office

Financial analysis

SharePoint

Education

Finance/Business/Economics/Data Science/Statistics/Information Systems/Public Policy

Tools

Microsoft SharePoint

Job description

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