Summer 2027 Intern - Procurement at Federal Reserve Board

Wayne State University; Washington (District of Columbia); On-site; USD 28,000 - 41,000; Full time

Job summary

The Federal Reserve Board in Washington, DC offers paid internships for undergraduate and graduate students across economics, finance, accounting, information systems, and data analysis. Internships may be in-person, remote, or hybrid, with supervision and clear learning goals. Applicants must be U.S.

citizens and enrolled students returning to study after the internship. Interns provide administrative support, assist procurement staff with files and validations, and participate in automation

Qualifications

• Intern will provide administrative support to Managers, Contract Specialists, and other functional areas within the Division of Financial Management.
• Intern will assist procurement staff members with assembling contract files, reviewing file documentation, and conducting contract validations and may perform tasks such as simplified acquisitions, contract modifications, and event planning.
• In support of the automation project, may assist to create process workflows and procedures.
• Intern may also assist staff with researching and creating bidder's lists, creating reports and metrics, assist with planning and logistics of procurement and supplier diversity events.
• Intern will also assist with compliance and policy related projects including strategic analysis and research.

Responsibilities

• Provide administrative support to managers and contract specialists across the division.
• Assist with assembling contract files and reviewing documentation for accuracy.
• Help with contract validations, simplified acquisitions, modifications, and event planning.
• Support automation efforts by drafting process workflows and procedures.
• Research and compile bidder lists, generate reports, and assist with procurement metrics.
• Aid in planning procurement events and supplier diversity activities, and contribute to policy-related projects.

Skills

Administrative support

Analytical skills

MS Office

Written communication

Customer service

Editing/proofreading

Financial principles

Education

Enrolled as undergraduate or graduate student

Currently enrolled; returning after internship

Tools

Microsoft Office

Procurement documentation

Contract management basics

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

Intern will provide administrative support to Managers, Contract Specialists, and other functional areas within the Division of Financial Management.

Intern will assist procurement staff members with assembling contract files, reviewing file documentation, and conducting contract validations and may perform tasks such as simplified acquisitions, contract modifications, and event planning. In support of the automation project, may assist to create process workflows and procedures. Intern may also assist staff with researching and creating bidder's lists, creating reports and metrics, assist with planning and logistics of procurement and supplier diversity events. Intern will also assist with compliance and policy related projects including strategic analysis and research.

Preferred Required

• A Proven ability to manage and coordinate administrative functions
• Strong analytical skills
• Proficient in using a variety of business and industry-specific applications
• Excellent written and verbal communications skills
• Dedicated to delivering exceptional customer service
• Detailed-oriented with strong editing/ Proofreading
• Understanding of fundamental business financial principles

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.