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.
Qualifications
Competencies
Communication: Exchange information, ideas, facts, and perspectives clearly and effectively using verbal, written, and active listening skills.
Critical Thinking: Solve problems and make decisions by gathering and analyzing information logically and understanding situational contexts.
Customer Service: Provide customer service to data owners and end users, researching questions and requests surfaced.
Leadership: Recognize and capitalize on personal and team strengths to inspire others, guide group efforts, and achieve organizational goals.
Problem Solving: Use critical thinking to conceptualize and/or evaluate information to determine appropriate strategies and solutions, after being given moderate to minimal instruction and guidance from more senior staff. Apply technical and/or business expertise, initiative, reliability, and judgment.
Teamwork: Build and maintain collaborative relationships to work effectively toward common goals while managing conflict.
Technology: Understand and leverage ethical technologies efficiently to complete tasks, solve problems, and accomplish strategic goals
Learning Objectives
Develop an understanding of data management best practices
Contribute to a team providing an array of data services to internal stakeholders
Participate in group projects and engagements that extend beyond the immediate team and division, gaining broader exposure to careers at the Board
Contribute to business process improvements
Overview of Division, Section and Team: As a Statistics & Data Management Analyst intern, you will work in the Statistics area of the Information Technology Division and will provide support to teams involved in the collection, validation and analysis of data reported by financial entities and used by decision makers. You will work closely with team members to provide data support, research and analytical services to those responsible for formulation and conduct of monetary, regulatory and supervisory policy.
Expected Projects
- Statistics Data Management Analyst interns support teams in
- Implementing new data collections
- Conducting research and providing analytical services related to financial data
- Validating data through the use of automated data collection systems
- Providing project management support, and much more!
- Previous Statistics Data Management Analyst interns had the opportunity to contribute to projects related to
- Analyzing revisions of financial data submitted by financial entities
- Authoring and updating data quality checks
- Processing data reported by financial entities
Artificial Intelligence / Machine Learning (AI/ML)
Participating in group projects with other interns across the IT division
Suggested Major/Minor: Economics, Finance, Statistics, Accounting, Data Science, Computer Science, Liberal Arts
Required Skills and Knowledge: Data analysis, knowledge of financial and economic concepts
Preferred Skills: Systems automation, project coordination, financial analysis, data flow management, data collection, SQL, Python, AI proficiency, product management, consulting, business process improvement, computer programming, risk management, technical writing, research, technical communication, teamwork, presentation skills, and administration.
Required Documents for application: Resume, copy of an unofficial transcript, Cover letter, writing sample
Notes: US Citizenship is required. Applicants must be current students, graduating
from their program August 2027 or later. Proof of enrollment will be required.
Job Type
Intern (Fixed Term)
Job Exempt
Relocation Provided
No
Compensation Grade(s)
FH Pay Grade 20 - FH Pay Grade 22
Pay
$26.68 - $28.37
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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Approval Expires October 31, 2029
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Job description provided by Board of Governors of the Federal Reserve System.
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