Summer 2027 Graduate Intern, Front Office - Monetary Affairs

Location: Federal Reserve Board, United States of America

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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 Division of Monetary Affairs (MA) supports the Federal Reserve’s deliberations, decisions, and communications regarding monetary policy and financial stability. MA’s Front Office team provides our Division colleagues with support in program and project management, strategic planning, and event planning and execution. We lead the development and execution of MA’s strategy and change initiatives to transform our research, analysis, and collaboration, and serve as a center of excellence for program and project management across MA.

This paid internship in Washington DC is designed to help the candidate develop as a strategic leader and gain experience in areas including strategic planning, project management, program management, strategic communication, process improvement, data analysis, and more. As our intern you will:

• Learn about the operations that enable the Federal Reserve’s monetary policy development. You read about us in the news; here’s what happens behind the scenes to make it all possible.
• Support seasoned professionals on critical, highly visible initiatives that keep our research and analysis capabilities at the leading edge.
• Lead your own challenging projects with support and mentorship from experienced colleagues.

As part of “Team MA” you will have the opportunity to work with research economists whose work informs American monetary policy, technologists who bringing innovative new tools and approaches to the government, analysts working to understand our financial markets, and program managers and operations professionals working to make it all possible.

Specific Projects for Summer 2027

In late 2022, the Division of Monetary Affairs developed its first-ever long-term strategy document. This document, called the MA Strategic Direction, laid out Team MA’s strategic goals and objectives for the years 2023 through 2027. In summer 2026, the MA Front Office team will be tasked with leading the development of MA’s second Strategic Direction, laying out the Division’s goals and approach to the next 3-5 years. The intern will have significant opportunities to contribute to this strategic planning project and help shape the future of the Division.

About You

More than anything, we’re looking for a versatile problem-solver with strong interpersonal skills, a knack for communicating, and an interest in growth. If you can think on your feet, and our mission and values resonate with you, we encourage you to apply.

Our internship is ideal for graduate students in public policy, public administration, business, project management, and organizational development, but students in any field are welcome. Experience with strategic planning, strategic communication, project and program management, organizational performance, data analysis, and process improvement are all helpful – but if you don’t have experience, we’ll help you learn. This is not a research position – though it can help to be conversant in economic and financial topics, we don’t require any prior knowledge in these areas.

Qualifications

• U.S. citizenship required
• Currently enrolled in a graduate degree program
• Must be committed to working a 40-hour work week for 10-12 weeks during summer 2027
• Strong problem solving, communication, and interpersonal skills
• Experience with strategic planning, strategic communication, project and program management, organizational performance, data analysis, and process improvement are all helpful

Job Type

Intern (Fixed Term)

Job Exempt

Relocation Provided

No

Compensation Grade(s)

FH Pay Grade 22

Pay

$33.65/hr

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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