Year-Round Graduate Intern, Digital Innovation Studies

Location: Federal Reserve Board

Always verify and apply to jobs on the official Federal Reserve Board career site or through verified Federal Reserve Board social media channels.

Minimum Education

Enrolled 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.

The RBOPS Digital Innovation Studies (DIS) team delivers expertise on payment innovations to Federal Reserve decision makers by researching and conducting hands-on experimentation with technologies broadly relevant to payments, clearing, and settlement. The year-round DIS intern will support the team’s ongoing payment innovations research work. Potential projects focus on topics such as artificial intelligence and machine learning, blockchain technology, digital assets, smart contracts, and stablecoins.

Specific projects will depend on the intern’s knowledge and academic areas of interest. DIS expects that the year-round intern will contribute written work and some code products or data analysis (i.e., in Python, R, or JavaScript) as part of their assignments. The year-round intern is permitted to work up to 20 hours per week during the school year and is expected to work 40 hours per week during the summer months.

Expected Start Date: January 2027

Expected Hours: 20 hours/week during the school year, 40 hours/week during summer

Location: This role is in Washington, DC. and the intern must reside in the area and work on-site during their internship.

Expected Projects

The year-round DIS intern will support the team’s ongoing payment innovations research and experimentation work. Potential projects will focus on topics such as artificial intelligence and machine learning, blockchain technology, digital assets, smart contracts, and stablecoins.

Specific projects will depend on the intern’s knowledge and academic areas of interest.

Suggested Major/Minor: Current graduate students (graduating in Fall 2027 or later) in economics, mathematics, computer science, operations research, financial engineering, or other related discipline

Required Skills and Knowledge: Ability to conduct high-quality research and present findings through written outputs and presentations. Familiarity with at least one programming language (Python, Java, R, Stata, etc.)

Analysis: Business, Communication, Network, Programmer, Research Applications: MS Office Suite

Preferred Skills: Familiarity with topics related to digital assets, financial technology, artificial intelligence, or payments. Experience with different machine learning algorithms or statistical methods is helpful.

Required Documents for application: Resume, cover letter and unofficial transcript.

*US Citizenship is required.

*This internship is located in Washington DC, onsite/in-office presence is required.

*Applicants must be current students, graduating from their program Fall 2027 or later. Proof of enrollment will be required.

Keywords: [blockchain technology, #digital #assets, artificial intelligence #machine learning, #data analysis, #financial technology]

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

Job Type

Intern (Fixed Term)

Job Exempt

Relocation Provided

No

Compensation Grade(s)

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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