Summer 2027 Intern – AI Business Pilots – IT

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 intern will be joining the Office of the Chief AI Officer (“OCAIO”) supporting the AI Engagement & Data Science unit. The AI Engagement & Data Science unit delivers high-value proof of concepts to a broad range of customers, from board executives to internal delivery teams with the OCAIO. The team uses cutting edge technologies and techniques, partnering closely with Enterprise cloud, AI tooling, and data teams to build solutions that support short- and long-term outcomes.

Expected Projects: The intern will support a variety of projects, from business-specific applications to internal tools supporting the OCAIO governance team. Sample projects could include building retrieval augmented generation (RAG) applications for economic policy topics, exploring process automation using agentic techniques, and evaluating the ability of new models and/or tools to support real policy and research outcomes.

Suggested Major/Minor: Artificial Intelligence, Economics, Applied Mathematics, Applied Sciences (e.g. Physics), Computer Science, Data Science, Econometrics, Information Science, Mathematics, Statistics

Other majors will be considered provided candidates have demonstrable technical skills.

Required Skills and Knowledge

• Strong communication skills – Ability to communicate technical concepts to a non-technical audience. Comfortable communicating with executive audience.
• Strong design thinking skills – With support from senior data scientist, ability to map customer needs to potential solutions.
• Strong technical skills – Ability to quickly grasp new technologies and techniques and apply them to solve real problems; able to partner effectively with senior technologists across application and infrastructure to deliver working POCs
• Foundational knowledge of programming – Understand high level concepts and best practices.
• Preferred Skills: Strong Python and Linux programming skills; Experience with AI Coding Tools (e.g. Claude Code or Codex); Experience working with economic and/or financial data; Experience building customer-facing applications.

Application Materials

• Resume (required)
• Unofficial transcript (required)
• Optional: cover letter, writing sample

Location: This position requires an onsite presence at our offices in Washington, D.C. [Summer internships should be onsite, but we encourage flexibility for year-round internships]

Note: U.S. 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.

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