Location: Federal Reserve Board
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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.
The Supervisory Policy and Oversight team works to ensure effectiveness and consistency of the Board’s consumer compliance supervision programs, which includes the development, revision and maintenance of System training, policies and procedures, manuals, data systems, monitoring programs, and interagency efforts related to the program. The intern will work with the team to conduct analyses relating to streamlining examiner guidance and other supervisory policy documents and assist in tracking and monitoring key supervisory priorities, projects, and deliverables. Cross-sectional coordination with other offices in the Consumer Protection Supervision Branch is anticipated.
Overview of Division, Section and Team: The selected intern will be joining the Supervisory Policy and Outreach team in the Division of Consumer and Community Affairs (DCCA) and will engage in cross-sectional coordination with DCCA’s Reserve Bank Oversight team. DCCA’s Supervisory Policy and Outreach team develops supervisory policy and issues related guidance for System staff and supervised institutions to promote effective supervision and compliance with consumer protection laws and regulations and to evaluate institutions’ performance under the Community Reinvestment Act.
The team also engages in outreach to stay informed about issues of interest to external stakeholders, including industry representatives and consumer advocates. This outreach informs DCCA’s supervisory and policy-related activities.
Expected Projects: Support the consumer compliance supervision function in executing its responsibilities through various projects such as:
Analyses relating to streamlining examiner guidance and other supervisory policy documents
Assist in tracking and monitoring key supervisory priorities, projects, and deliverables
Prepare briefing materials, presentations, and executive summaries for multiple audiences
Contribute to special projects and oversight or policy initiatives
Engage in cross-sectional coordination within the Consumer Protection Supervision branch of DCCA
Suggested Major/Minor: finance, business, economics, public policy, political science, or a related field.
Required Skills and Knowledge
- Robust analytical thinking and qualitative research abilities
- Strong written and verbal communication skills, with the ability to summarize complex information clearly
- Collaboration and working in team environment, interpersonal skills
- Experience or interest in consumer compliance supervision
Preferred Skills
- Attention to detail
- Proactive problem-solving
- Required Documents for application: A copy of an unofficial transcript may be requested. Interested candidates should submit a resume and cover letter.
Notes
US Citizenship is required. Applicants must be current students, graduating from their program August 2027 or later. Proof of enrollment will be required. This position will require an on-site presence in Washington, DC.
keywords:consumer protection, consumer compliance, supervisory policy, program oversight
Job Type
Intern (Fixed Term)
Job Exempt
Relocation Provided
No
Compensation Grade(s)
FH Pay Grade 20 - FH Pay Grade 22
Pay
26.25-33.65
Rehabilitation Act
The Board complies with the Rehabilitation Act of 1973, as amended, and provides job applicants with disabilities reasonable accommodations to assist them in applying for jobs at the Board. If you have a disability and would like to request an accommodation in order to apply for a job at the Board, please call 202-452-3880 or e-mail [email protected].
Equal Opportunity Employer
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services.
Privacy
You may review the Federal Reserve Board's Privacy Act Notice at https://www.federalreserve.gov/careers/files/fr1273.pdf.
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Job description provided by Board of Governors of the Federal Reserve System.
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