Summer 2026 Intern, Supervisory Oversight- Division of Supervision & Regulation (Finance)

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.About the Team

The Supervisory Oversight function consisting of the LISCC Oversight (LOS) and Reserve Bank Oversight (RBOS) sections is responsible for the oversight of the Federal Reserve System's supervision programs. LOS independently assesses the effectiveness of the LISCC supervisory program on an annual basis, through continuous monitoring (CM), as well as risk-focused, point-in-time reviews to ensure that LISCC personnel exercise sound supervisory judgment and operate the program in accordance with System and program guidance. RBOS is primarily responsible for coordinating Board staff execution of the Reserve Bank oversight program that results in the annual assessment of each Reserve Bank's supervision program.

The Supervisory Oversight function consisting of the LISCC Oversight (LOS) and Reserve Bank Oversight (RBOS) sections is responsible for the oversight of the Federal Reserve System's supervision programs. LOS independently assesses the effectiveness of the LISCC supervisory program on an annual basis, through continuous monitoring (CM), as well as risk-focused, point-in-time reviews to ensure that LISCC personnel exercise sound supervisory judgment and operate the program in accordance with System and program guidance. RBOS is primarily responsible for coordinating Board staff execution of the Reserve Bank oversight program that results in the annual assessment of each Reserve Bank's supervision program.

About the Role

The intern will support Supervisory Oversight staff and management on a variety of important initiatives. Supervisory Oversight leadership will assign the intern various projects that improve efficiency in the Supervisory Oversight function. The intern will assist Supervisory Oversight in enhancing records management and the use of collaboration tools, such as SharePoint. Assignments may also include documented research, stakeholder interviews, PowerPoint presentations, and implementing improvements to the Supervisory Oversight teams' use of Microsoft SharePoint and Project On-line to promote strategic planning and resource and records management efficiencies. In addition, the intern will review LOS' internal operational processes and assist with making enhancements to existing workflows while replicating identified operational efficiencies in RBOS. The intern will also assist the LOS review team members with any technical aspects of any reviews planned during the intern's time working with the team. These assignments could include but are not limited to, assisting with the assessing of built in quality control processes as well as communication between applications used by LISCC.

Over the course of the internship, the candidate will:

• D evelop an understanding of the Federal Reserve System's role in financial institution supervision, specifically the Board's role in the supervision of LISCC firms and oversight of the LISCC supervision program and Reserve Banks's supervision programs,
  
• A ssist in the oversight reviews of relevant components of technology used by LISCC and/or data analysis in LOS' oversight work, and
  
• Propose and implement improvements to the Supervisory Oversight staff's use of technology solutions for planning and tracking work, sharing work products, gathering and storing data following the Board's records management policy, and presentation of review outcomes.
  

Suggested Major/Minors : Business, Accounting, Auditing/Banking, Data Analytics, Management Information Systems or another related field of study

Required Skills/Experience:

• Strong analytical and communication skills
  
• Intermediate or proficient level for Microsoft Excel
  
• Working knowledge of SharePoint and Project on-line or experience that demonstrates the ability to learn how to use the applications quickly with minimal supervision
  
• Learning agility to develop knowledge of new technology tools/applications that enhance quality controls
  
• Experience in researching and managing a project that will lead to an achievable outcome
  

Notes:

• US Citizenship is required for all Board internships and applicants must be current students, graduating from their program Fall 2026 or later.
  

Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm