Jobs · Education · New York

2027 Summer Intern - Supervision Group - Graduate

Federal Reserve Bank of New York · New York, NY · 1 wk ago
Education$95k/yrFull-time

About the role

The Graduate Summer Associate Program gives graduate students the opportunity to gain valuable work experience at a unique institution. Through dynamic, project-based work assignments and professional development activities, students get:

  • A cohort-based learning model with a strong sense of community
  • Real-world experience that helps them build strong skills and knowledge in their area of interest
  • The chance to contribute to meaningful work that makes an impact on the lives of all Americans
  • Opportunities to meet, network with, and work alongside mission-driven colleagues
  • An experienced professional mentor to support them throughout the program
  • Access to learning events with senior leaders from the New York Fed and other notable institutions

Graduate interns work in one specific business area or function for ten weeks, and have access to opportunities for collaboration with other students and employees from around the Bank. At the end of the program, students leave with strong skills, professional connections, and meaningful experiences that will support their long-term careers.

Responsibilities

As a Summer Associate in the Supervision Group, you will:

  • Enhance business skills through critical financial analysis, formal presentations, research, and writing
  • Contribute to assessments of the safety and soundness of domestic banking institutions and operations of foreign banking organizations
  • Participate in periodic onsite evaluations and offsite financial analysis and surveillance
  • Analyze issues and developments to identify emerging supervisory risks and develop domestic and international supervisory policy

Requirements

  • Graduate students with demonstrated and applicable full-time work experience
  • Demonstrated interest in economics, public policy, and/or finance
  • Strong academic record

Skills

Core Skills

  • Strong written and verbal communication skills with the ability to synthesize information and explain it
  • Organized and resourceful, with the ability to work as part of a team and independently
  • Ability to assimilate new information and learn new tools/systems
  • Curiosity and critical thinking skills
  • Research and writing skills
  • Proficiency in MS Office Suite

Specialized Skills

  • Data & Technology: Data analytics, statistical software tools (Macros, VBA, SQL, Stata, Python), data visualization tools (Tableau), IT/Computer Science
  • Cyber Risk & Markets: Capital markets, risk management, audit, quality assurance
  • Governance, Compliance & Policy: Compliance, legal, consumer protection
  • Valued Industry Experience: Financial institutions (large banks, community banks, financial market infrastructure), Public sector/regulatory agencies, Consulting firms, Corporate sector (1–2 years preferred)

Benefits

This is a paid internship. Salary for the 10-week program is calculated based on an annual salary of $94,900, paid on a semi-monthly basis.

Schedule

The program runs for ten weeks during the summer.

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.

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