Summer Data & Risk Intern (Paid, On-Site)

Federal Reserve Bank of Minneapolis; Minneapolis (MN); On-site; USD 32,000 - 34,000; Full time

Job summary

Federal Reserve Bank of Minneapolis is offering a 12-week summer internship for undergraduate students to learn about the nation's central banking system. Interns are matched to departments, perform work that supports risk, audit, compliance, and supervisory functions, and participate in workshops with opportunities to build a professional network.

The program runs May 24, 2027, to August 13, 2027, with 40 hours per week on-site. Compensation is $23.00 per hour.

Qualifications

• Currently pursuing a post-secondary degree and must be enrolled when applying.
• Excellent oral and written communication skills.
• Familiarity with standard office software (e.g., Microsoft Office) and willingness to learn new tools.
• Effective interpersonal communication skills.
• Demonstrate behaviors aligned with core values: Service, Integrity, Inclusion, Initiative, Accountability, Objectivity.
• Some positions require U.S. citizenship.

Responsibilities

• Completing quality assurance risk assessments.
• Supporting statistical and structural reporting data collection and quality analysis.
• Organizing enterprise risk management and compliance data.
• Analyzing emerging risk trends.
• Assisting with business impact assessments.
• Evaluating earnings and capital components.
• Observing bank examinations.

Skills

Communication skills

Interpersonal skills

Education

Undergraduate student

Tools

Microsoft Office

Job description

Federal Reserve Bank of Minneapolis is offering a 12-week summer internship for undergraduate students to learn about the nation's central banking system. Interns are matched to departments, perform work that supports risk, audit, compliance, and supervisory functions, and participate in workshops with opportunities to build a professional network.

The program runs May 24, 2027, to August 13, 2027, with 40 hours per week on-site. Compensation is $23.00 per hour.