Internship
Federal Reserve Summer 2025 Technical Internship
Confirmed live in the last 24 hours
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
- Pursuing degree or advanced certification with a STEM (Science, Technology, and Engineering, or Math) focused curriculum
- Demonstrated ability to influence and lead others
- Communication and interpersonal skills, including the ability to work effectively in a team environment
- Creative thinker who embraces change
- Strong project management skills, including organization, planning, and execution, analytical and problem-solving skills
- US Citizenship or US Permanent Resident status is required. Sponsorship is not available for this role.
- Utilizes established methods and tools to perform moderately complex analyses of business issues
- Works with clients and other resources to assess current capabilities, identify customer needs and assist in recommendation process improvements
- Provides support in gathering, analyzing and compiling information from end-users and stakeholders to ensure processes, software and/or applications meet business requirements
- Contributes to process improvement and solution discussions, may present outcomes to management
- May participate in cross-functional team initiatives, process improvement and/or technology-based projects
- Escalates non-routine or unusual problems to higher level support staff as appropriate
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
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6 month growth
↓ -1%1 year growth
↓ -1%2 year growth
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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.
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