Graduate Intern, LFBO- Firm Oversight- Division of Supervision & Regulation (Finance)
Minimum Education
E nrolled in a 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 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 a 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 Large and Foreign Banking Organizations Firm Oversight section is responsible for coordinating risk-focused, forward-looking supervision of non-LISCC domestic banking organizations with $50 billion or more in total assets, and non-LISCC foreign banking organizations regardless of size. As such, the section oversees the effective execution of the Large Banking Organization and Foreign Banking Organization supervisory programs by the district Reserve Banks.
About the Role
In support of the Firm Oversight section, the intern's responsibilities include data gathering of activities related to bank holding companies, commercial banks, and foreign banking organizations. In connection with the data gathering responsibility, the intern, working closely with Board Financial Institution Analysts, will review and analyze data and make recommendations in support of supervisory decisions and/or policy matters.
The intern will participate in special studies and projects relating to financial institution supervision and regulation and will assist section staff in the analysis of existing programs, policies, procedures, and applications and contribute to efforts to revise processes impacting the Federal Reserve's supervision of domestic and foreign banking organizations.
The intern may assist staff in preparation of charts, tables, and briefing material used by Division management in making presentations at Board/System meetings.
Suggested Major/Minor: Enrolled in a graduate level degree program in finance, accounting, business administration, public policy, economics, or another related field
Required Skills/Experience:
- Strong analytical and research skills
- Effective oral and written communication skills
- Proficient in MS Office Suite and SharePoint applications
- Experience or interest in banking or bank supervision and regulation
Notes:
- US Citizenship is required for all Board internships and applicants must be current students, graduating from their program Spring 2026 or later.
- Anticipated Work Environment: This internship must be completed in-person in Washington, DC.
- Anticipated Work Hours: Candidates must be able to work at a minimum of 20 hours per week during the school year, 40 hours per week during the summer
- Anticipated Internship Start Date: January 2025- the selected candidate will be able to work up to 180 days from their start date.
