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The Federal Reserve System

Central bank of the United States

Research Facilitator Intern

Summer 2026Updated Deadline 5/4/26
$21/hr
Internship
Bachelor's
Kansas City, MO, USA
In PersonOn-site in Kansas City, MO; limited remote flexibility (up to 5 days monthly).
DevOps & InfrastructurePlatform Engineering, System Administration
No H1B Sponsorship

About the job

Requirements
  • Minimum of 3 years’ relevant post-secondary education.
  • Proven ability to work independently under direction and guidance from senior staff members.
  • Excellent written and verbal communication skills coupled with the ability to navigate a research environment.
  • Competency in high- and low-level languages (Python, R, Matlab, C/C++, Fortran).
  • Experience using workload managers and schedulers for High-Performance Computing (HPC).
  • Parallel computing experience using MPI, Open MP, or CUDA.
  • Experience with relational databases (Postgres, SQLite, etc.).
Responsibilities
  • Researcher Engagement: Regularly engage a broad set of researchers through support requests (i.e.ticketing systems, chats).
  • Solutions Development: Helpfacilitate the design and debugging of research workflows alongside researchers and senior research facilitators.
  • Partnership/Collaboration: Connect and coordinate interactions between researchers and technology providers.
  • Documentation/Training: Enhance learning with full awareness of local research computing and data landscape. Help teach and train the basic use of CI for researchers.

About the company

T

The Federal Reserve System

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Website

The Federal Reserve System is the central bank of the United States that conducts national monetary policy, supervises and regulates banks and bank holding companies, and provides financial services for banks and the U.S. government. It uses tools like setting interest rates, market operations, bank supervision, and payments services to influence credit, prices, and financial stability, operating through 12 regional banks and a Board in Washington. It is different from private banks because it is a public-mission institution with a nationwide mandate and a regional structure that blends national policy with local insight, not focused on profits. Its goal is to promote a strong economy and a stable financial system for the United States.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

United States

Founded

1913

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Simplify Jobs

Simplify's Take

What believers are saying

  • Philip Jefferson said September 22, 2026 modernization makes Treasury-market liquidity more resilient.
  • The September 8, 2026 Borrower-in-Custody updates simplify collateral posting and enrollment.
  • Waller’s agentic-commerce framework positions the Fed as rulemaker for AI payments.

What critics are saying

  • The September 29, 2026 watchdog report exposed $1.1 billion in renovation overruns.
  • Warsh’s audit and GSA takeover signal Congress will keep attacking Fed governance through 2027.
  • Trump’s attacks on Powell threaten independence and invite leadership turnover before January 2028.

What makes The Federal Reserve System unique

  • The Fed controls U.S. monetary policy, bank supervision, and dollar liquidity nationwide.
  • Discount Window Direct now handles over 60% of discount-window requests, modernizing backstop access.
  • Governor Waller’s September 29, 2026 AI speech shows policy reach into payments innovation.

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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

Fort Worth Star-Telegram
Oct 29th, 2026
Midland Chamber partners with Federal Reserve to gather critical small business data.

Midland Chamber partners with Federal Reserve to gather critical small business data. By Odessa American, Odessa American, Texas The Tribune Content Agency Updated October 28, 2026 7:15 PM Gift Article MIDLAND Midland Chamber of Commerce is partnering with the Federal Reserve System to draw responses to the 2026 Small Business Credit Survey, a nationwide effort to better understand the financial challenges and needs of America's small businesses. The annual survey, which runs through November 13, invites owners and key financial decision-makers of for-profit businesses to share their recent experiences with business conditions, financing, and their outlook for the future. The 12-minute confidential survey is open to businesses currently in operation, those recently closed, and those about to launch. The Small Business Credit Survey is conducted annually by all 12 Federal Reserve Banks and in conjunction with more than 100 not-for-profit partners, this year including Midland Chamber of Commerce. The resulting data inform federal government agencies, community development financial institutions, traditional lenders, and policymakers. Past survey findings have been cited in congressional testimony, used to design lending programs, and have helped shape small business support services. The survey is now open to for-profit businesses with fewer than 500 employees across all industries. Responses are completely confidential, and participants do not need to provide personal identifying information. The post Midland Chamber partners with Federal Reserve to gather critical small business data appeared first on Odessa American. This story was originally published October 28, 2026 at 7:05 PM.

Yahoo Finance
Oct 28th, 2026
Stocks edge higher as Fed holds rates in 10-2 split vote; Microsoft, Alphabet earnings loom

US stocks edged higher on Wednesday after the Federal Reserve held interest rates steady in a 10-2 vote. The Dow Jones Industrial Average rose about 0.1% and the S&P 500 about 0.2%, while the Nasdaq Composite hovered near flat. Cleveland Fed President Beth Hammack and Governor Lisa Cook dissented, favouring a rate hike despite elevated inflation. Investors will watch Chairman Kevin Warsh's press conference for signs of a hawkish bias. Chip stocks have led a tech rebound this week. Broadcom announced a $63 billion financing structure to build AI compute capacity, and SK Hynix reported a year-over-year profit increase. Microsoft and Alphabet report earnings after the bell, with investors focused on AI demand and capex plans. Microsoft recently offered buyouts to up to 60,000 employees.

Yahoo Finance
Oct 28th, 2026
Wall St choppy as megacap losses offset chip gains ahead of Fed decision

US stocks wavered on Wednesday as losses in megacaps such as Tesla and Apple offset chipmaker gains, with investors awaiting the Federal Reserve's interest-rate decision and results from big cloud companies. Micron jumped 4.8% after South Korean rival SK Hynix reported a more than sevenfold rise in quarterly profit. Tesla fell 1.9% and Apple eased 0.6%. Alphabet rose 1.2% on a report that OpenAI plans to buy Google's AI chips. At 10:01 EDT, the Dow Jones Industrial Average rose 0.14% to 52,450.97, and the S&P 500 gained 0.09% to 7,729.20. The Nasdaq Composite lost 0.03% to 26,470.68. Markets expect the Fed to pause, with focus on remarks from Chair Kevin Warsh. Microsoft and Alphabet report after markets close.

POLITICO
Oct 28th, 2026
The Fed's new headache: An AI boom that turns to bust.

The Fed's new headache: An AI boom that turns to bust. The stakes for the central bank are high, as Chair Kevin Warsh aims to cool inflation without wrecking the job market or causing financial turmoil. 10/28/2026 2:00 AM PDT |Updated: 10/28/2026 7:26 AM PDT Federal Reserve Chair Kevin Warsh says artificial intelligence will ultimately provide a "huge benefit" to the economy. But a cooling off of investment in the skyrocketing technology might actually help him right now. The rapid construction of AI data centers across the nation is stoking inflation by juicing financial markets and creating shortages in electricity and construction. Yet it's also a massive engine for the economy, fueling spending by consumers enriched through rising stock prices and by businesses, which are pouring money into tech-related investments. That creates a dilemma for Fed policymakers: Raise interest rates too sharply to fight inflation and risk damaging a key driver of the economy. Move too slowly and risk entrenched inflation. But if the AI industry's growth were to moderate on its own, that would make it easier for the Fed to tame inflation. "The demand behind the AI build-out is so intense that it's putting pressure on the supply of goods and services that are needed to do the AI build-out," said Claudia Sahm, a former Fed staffer who is now chief economist at New Century Advisors. "So if that demand for the build-out just took a little bit of wind out of the sails, well, then maybe the production could catch up and we wouldn't have these bottlenecks."

Yahoo Finance
Oct 23rd, 2026
S&P 500 and Dow fall as oil hits $103 a barrel, stoking inflation fears before Fed meeting

US stocks fell on Friday as higher oil prices fuelled inflation fears ahead of the Federal Reserve's October meeting next week. The S&P 500 lost 0.5% and the Dow Jones Industrial Average dropped 1.2%, while the Nasdaq 100 ended flat. West Texas Intermediate futures rose 3.8% to $103.27 a barrel. Brent crude gained 3.1% to $116.72, its highest settlement since April, amid reports the US and Israel could be preparing fresh strikes against Iran. Traders see a 91% chance the Fed leaves rates unchanged. In company news, Instacart is exploring a sale and has held early talks with buyers including DoorDash and Uber. American Express plans to cut about 5% of its global workforce, and Apple hit record highs after selling out its limited in-store stock of the new iPhone Duo.

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