DESCRIPTION/RESPONSIBILITIES:
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.
REQUIRED SKILLS:
About the Team & Role
The RBOPS Technology Lab (TechLab) delivers expertise on payment innovations to Federal Reserve decision makers by researching and conducting hands-on experimentation with technologies broadly relevant to payments, clearance, and settlement. The TechLab intern will support the team’s ongoing payment technologies experimentation work. Potential projects will focus on topics such as distributed ledgers, crypto assets, statistical programming, and data analysis. Specific projects will depend on the intern’s knowledge and academic areas of interest. The TechLab expects our intern to contribute written work and some code product (i.e., Python, R, JavaScript) as part of their assignments.
Background & Skills Required
Currently enrolled graduate student, graduating no earlier than spring 2025, studying computer science, data science, information technology/systems, or a related field.
Analysis: Business, Communication, Network, Programmer, Research
Applications: MS Office Suite, SharePoint
Programming: C#/++, Java/JQuery
Note
• This role is located in Washington, DC. and the intern must reside in the area during their internship to meet a minimum requirement of six in-person days per month.
• We are looking for someone to begin in spring of 2024 (part-time, up to 20 hrs/week) and then transition to full-time (40 hrs/wk) during the summer months. Potential to be extended beyond the summer as well.
• US Citizenship Required
The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest. The Federal Reserve