2027 Summer Intern - Supervision Group - Sophomore

When you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system. At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to time remains important to achieving our mission.

About the role

The Sophomore Career Exploration Internship gives undergraduate sophomores 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 our mission-driven, curious colleagues—all of whom are happy to share their experiences and advice
• An experienced professional mentor to support them throughout the program
• Access to learning events with senior leaders from the New York Fed, giving them direct insight into the public service and financial services world

Sophomore 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 them in their long-term careers.

Responsibilities

The Summer Analyst provides outstanding undergraduate students with the opportunity to gain valuable work experience with a unique institution. Through advanced work assignments and professional development activities, Summer Analysts are provided with an extensive understanding of the work of the New York Fed. Summer Analysts will be given the opportunity to enhance their business skills through critical financial analysis, formal presentations, research, and writing. Summer Analysts are assigned to a particular business area for the summer, and they will also have opportunities for collaboration with other Summer Analysts, and full-time employees.

Qualifications

As a Summer Analyst, you must have a demonstrated interest in economics, public policy, and/or finance and a strong academic record. We encourage candidates of all backgrounds (including Liberal Arts) to apply.

Core Skills – All candidates should demonstrate:

• 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 – In addition to the core skills some of our roles would benefit from some of the skills below

• 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

Pay

Your regular wages for the 10 weeks will be paid on a semi-monthly basis and will be calculated based on an annual salary of $65,600. We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.

Schedule

Full time

Other requirements

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information 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.