Internship
The Federal Reserve System
1,001-5,000 employees
Central bank managing U.S. monetary policy
No salary listed
Dallas, TX, USA
Hybrid role with 1-2 days of remote work per week.
US Citizenship Required
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- Graduate/Undergraduate entering their junior or senior year of Computer Science/Computer Engineering/Software Engineering degrees preferred
- Basic to expert software design skills
- Requirement analysis skills
- Coding skills
- Exposure to business process tools is an advantage
- Exposure to low code application development tools is an advantage
- Contribute to product design reviews
- Conduct requirement analysis
- Engage in application coding
- Perform code reviews
- Conduct unit testing
- Participate in delivery activities following SaFE Agile methodology
- Participate in various agile ceremonies and planning activities
- Work on developing in the API space
- Engage in automation work related to cloud deployments
- Collect needs and implement for cloud and service metrics
- Exposure to business process tools
- Exposure to low code application development tools
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.
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
- The Fed is modernizing payment systems with the FedNow Service.
- It emphasizes diversity and inclusion to improve decision-making.
- The Fed collaborates internationally to address global financial challenges.
What critics are saying
- The Fed faces criticism for risky financial practices.
- Litigation challenges the Fed's stress-testing framework.
- Michael Barr's resignation highlights criticism on crypto and banking oversight.
What makes The Federal Reserve System unique
- The Federal Reserve is the central bank of the United States.
- It introduced Quantitative Easing in response to the 2008 Financial Crisis.
- The Fed is exploring a U.S. central bank digital currency (CBDC).
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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
***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.
Expect heightened volatility, as the Federal Reserve's interest rate decision will be announced today at 21:00 GMT+3, followed by a press conference with Chair Jerome Powell at 21:30 GMT+3.
In response to the 2008 Financial Crisis, the Federal Reserve introduced Quantitative Easing (QE) as a new monetary policy tool.
The Federal Reserve is criticized for losing over a trillion dollars and engaging in risky financial practices that could harm the U.S. dollar and global economy.