Internship

Federal Reserve Research Outreach Intern

Posted on 10/25/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Compensation Overview

$22Hourly

No H1B Sponsorship

Richmond, VA, USA

US Citizenship Required

Category
Business Research
Strategy Development
Business & Strategy
Requirements
  • 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
Responsibilities
  • 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

The Federal Reserve System

View

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 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 economic goals. The primary goal of the Federal Reserve is to foster a healthy economy and a stable financial system, which ultimately benefits the public.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

1913

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • FedNow system enhances operational efficiency and customer satisfaction.
  • Successful 2024 bank stress tests bolster confidence in regulatory frameworks.
  • Proactive regulatory enforcement enhances reputation as a regulatory authority.

What critics are saying

  • Increased regulatory scrutiny may affect reputation and operational focus.
  • Basel III Endgame may lead to pushback from financial institutions.
  • Slow FedNow adoption could hinder payment ecosystem modernization.

What makes The Federal Reserve System unique

  • The Federal Reserve is the central bank of the United States.
  • It plays a crucial role in formulating national monetary policy.
  • The Fed supervises and regulates banks and bank holding companies.

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