Internship
Federal Reserve Research Outreach Intern
Updated on 11/26/2024
The Federal Reserve System
1,001-5,000 employees
Central bank managing U.S. monetary policy
Compensation Overview
$22Hourly
No H1B Sponsorship
Richmond, VA, USA
US Citizenship Required
- Candidates must be currently enrolled college student, preferably rising junior or senior status and must have a minimum 3.0 GPA.
- Significant economics coursework required
- The ideal candidate is an economics major with some background in engaging with the public or education.
- Familiarity with the Federal Reserve System
- Strong interpersonal skills; strong presentation skills that would translate to comfort in a classroom/museum setting.
- Ability to think creatively and develop creative presentation and marketing materials
- Basic knowledge of and experience in use of research techniques.
- Passionate about data exploration and the ability to communicate findings.
- Strong analytical skills
- Strong attention to detail
- Strong verbal and written communication skills
- Ability to work on multiple projects simultaneously
- Ability to work well in a team setting but also independently
- Proficiency in Microsoft Office Suite
- Assists department with development and design of new resources and programs.
- Supports the planning and managing of meetings, workshops, conferences and events.
- Supports efforts in developing innovative marketing and communication materials.
- Prepares resource and handout packets for presentations.
- Tabulates evaluations and analyzes feedback for programs; conducts information searches and provides summaries, checks facts and references.
- Assists in coordinating presentations at the location.
- Performs miscellaneous research duties, such as literature reviews and special projects.
The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and 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 ensure a safe and sound banking system. Additionally, it provides financial services to banks and the U.S. government, acting as a bank for banks. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its goals. The primary aim of the Federal Reserve is to foster a stable financial system and a healthy economy, ultimately benefiting the public and the global economy.
Company Stage
N/A
Total Funding
N/A
Headquarters
null, null
Founded
N/A
6 month growth
↓ -1%1 year growth
↓ -1%2 year growth
↓ -1%
Simplify's Take
What believers are saying
- Working at the Federal Reserve offers the opportunity to contribute to significant economic policies that impact the global economy.
- The Fed's diverse and inclusive work environment fosters creativity and innovation, providing room for personal and professional growth.
- Employees benefit from a high-performance culture with meaningful responsibilities and a strong work-life balance.
What critics are saying
- The Federal Reserve's involvement in controversial areas like crypto regulation and monetary policy can lead to public scrutiny and pressure.
- The complexity and scale of its operations may result in slower adoption of new technologies, as seen with the FedNow system.
What makes The Federal Reserve System unique
- The Federal Reserve System stands out as the central bank of the United States, wielding unparalleled influence over national monetary policy and financial stability.
- Its role in supervising and regulating banks, alongside providing financial services to the U.S. government, sets it apart from other financial institutions.
- The Fed's introduction of innovative systems like the FedNow instant payments platform highlights its commitment to modernizing financial services.
Help us improve and share your feedback! Did you find this helpful?