Internship
The Federal Reserve System
1,001-5,000 employees
Central bank managing U.S. monetary policy
Compensation Overview
$21/hr
No H1B Sponsorship
Kansas City, MO, USA
Hybrid – at least 50% onsite
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- Undergraduate or graduate students within two years of graduation.
- Strong analytical and problem solving skills.
- Initiative and leadership skills.
- Effective communication and interpersonal skills, including the ability to work effectively in a team environment.
- Proficient computer skills in programs including, but not limited to, Word, Excel, and PowerPoint.
- Experience with data visualization tools like Tableau, PowerBI and/or experience with basic data management in SQL or Python are strongly preferred.
- Collects, cleanses, analyzes, and validates data prior to it being stored in application databases for final use by the organization and/or its clients.
- Constructs and applies standard statistical analysis and/or models to verify data acceptability/accuracy.
- Configures, operates, and develops manual and/or automated methods, processes, and procedures to test output or input based on data compliance, quality and use requirements as established by product management, client specifications, and governance programs.
- Ensures data integrity by implementing quality assurance practices.
- Plans, designs, develops, and performs quality assessments on data elements and structures to document and evaluate integrity, completeness, quality, and appropriateness of formats, records, and structures.
- Gathers and enters missing data and resolves any anomalies.
- Performs regular and ad hoc reviews, audits, and investigations of data activity and integrity; prepares reports and summaries of findings.
- Produces, updates and implements guidelines and documentation of policies, processes, procedures, and standards.
- Identifies areas of improvement in data collection processes or systems and make recommendations to correct any deficiencies.
- Works on Extract, Transform, and Load (ETL) processes/projects, individually or as part of or in conjunction with a database/data warehouse team.
- Experience with data visualization tools like Tableau, PowerBI and/or experience with basic data management in SQL or Python are strongly preferred.
The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and ensuring financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. The Federal Reserve also supervises and regulates banks and bank holding companies to maintain a safe and sound banking system. Additionally, it provides various financial services to banks and the U.S. government. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its economic goals. The primary goal of the Federal Reserve is to foster a healthy economy and a stable financial system, ultimately benefiting the public and the global economy.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
null
Founded
1913
Simplify's Take
What believers are saying
- Collaboration with fintech enhances digital currency initiatives.
- Interest rate stability encourages investment and economic growth.
- Involvement in small business lending supports innovation and fairness.
What critics are saying
- Ending Operation Chokepoint 2.0 may increase systemic risk.
- Trillion-dollar losses raise concerns about the U.S. dollar.
- Litigation challenges could impact regulatory authority and effectiveness.
What makes The Federal Reserve System unique
- The Federal Reserve is the central bank of the United States.
- It formulates national monetary policy and regulates banks.
- The Fed provides financial services for banks and the U.S. government.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
401(k) Retirement Plan
Paid Vacation
Paid Sick Leave
Paid Holidays
Pet Insurance
Wellness Program
Company News
With the Federal Reserve ending a key chokepoint restriction, and Coinbase partnering with PayPal, the line between crypto and fiat financial services is becoming thinner and thinner.
Federal Reserve chairman Jerome Powell speaks at the SABEW annual conference society for advancing business editing and writing annual conference in arlington, va., friday, April 4, 2025.
This renewed demand for gold-backed assets builds on the precedent set during the 2023 financial turmoil, when the Federal Reserve introduced the Bank Term Funding Program to stabilize the banking system.
***WASHINGTON - Federal Reserve Board Governor Michael Barr speaks on "Small Business Lending" before the Aspen Institute "Advancing Innovation and Fairness in Small Business Finance" event, 1510 EDT/1910 GMT.
After concluding Federal Open Market Committee (FOMC) meeting, the US Federal Reserve has released its second policy decision for 2025.