2027 Summer Intern -Group Shared Services- Sophomore Intern

Program Overview

The Sophomore Career Exploration Internship provides undergraduate sophomores with ten weeks of full‑time, on‑site experience at the Federal Reserve Bank of New York. Interns work in a specific business area or function, receive a professional mentor, and participate in cohort‑based learning events with senior leaders.

• Cohort‑based learning model with a strong sense of community
• Real‑world experience that builds strong skills and knowledge in the chosen area
• Opportunity to contribute to work that impacts the lives of all Americans
• Networking with mission‑driven colleagues and access to senior‑leader learning events
• One‑on‑one mentorship throughout the program

Roles and Responsibilities

Interns join the Group Shared Services (GSS) function of the Research and Statistics Group (RSG). Three distinct teams have openings:

• Research Publishing Team – Assist in creating assets for the publication and promotion of research economists’ work, develop engaging visuals for social‑media marketing, UI/UX design, and multi‑channel storytelling.
• Product Team – Perform moderately complex analyses of business issues, work with product teams and clients to assess capabilities, identify customer needs, and support recommendation and process‑improvement initiatives. Gather and analyze stakeholder information to ensure software and applications meet business requirements.
• Digitalization Center of Excellence (COE) – Work on projects that combine technical capabilities with emerging AI technologies, including generative AI adoption, prompt libraries, and agentic workflows. Support self‑service technology implementation, change management, and the development of scalable, insight‑driven tools.

Required Skills and Qualifications

All roles share the following core requirements:

• Strong time‑management and organizational abilities
• Excellent oral and written communication skills, with the ability to synthesize information clearly
• Interpersonal and collaboration skills for interaction with all levels of Bank management and staff
• Ability to work both independently and as part of a team in a dynamic environment

Role‑specific skill sets:

• Digital Design Support Intern
  • Social‑media visual creation, scheduling, and metric monitoring (LinkedIn, X)
  • UI/UX design assistance for newyorkfed.org/research
  • Graphic design of digital assets, infographics, slide decks, and marketing materials adhering to brand guidelines
• Product Team Intern
  • Demonstrated interest in product management; pursuing a degree or certification in technology, management, economics, finance, or a related field
  • Strong project‑management, analytical, and problem‑solving skills
  • Proficiency with Microsoft Office Suite (Excel, Word, PowerPoint)
  • Knowledge of product development life‑cycle (PDLC) and Agile methodology is a plus
• Digitization Center of Excellence Intern
  • Practical experience with prompt engineering and LLM‑based tools (e.g., Claude, ChatGPT)
  • Programming skills, preferably Python, and experience with data manipulation, APIs, or automation tools
  • Analytical mindset to translate business problems into technical solutions
  • Preferred: workflow automation/RPA experience, data‑visualization tools (Tableau, Power BI), cloud platforms (AWS) or MLOps concepts
  • Strong communication skills to support change management and user adoption

Compensation

This is a paid internship. Interns receive wages calculated on an annual salary of $65,600, paid semi‑monthly over the ten‑week period.

Schedule and Work Arrangement

• Ten‑week, full‑time internship
• Primary work location on‑site at the New York Fed; occasional flexible remote work permitted

Application Details

• Include an unofficial transcript with your application
• Application deadline: September 28 2026 (11:59 PM EST)
• Expected graduation: Winter 2028 or Spring 2029
• Summer housing is not provided

Culture and Values

The Bank’s culture is guided by its Touchstone Behaviors: Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. Interns are expected to embody these competencies throughout their experience.