Internship

Summer 2025 Intern

Non-Business Majors, Ex. Statistics, Social Science

Confirmed live in the last 24 hours

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Government & Public Sector
Financial Services

No H1B Sponsorship

Chicago, IL, USA

Interns must commit to 40 hours a week for 10-12 consecutive weeks onsite or hybrid depending on the department’s requirement.

US Citizenship Required

Category
Risk Management
Finance & Banking
Required Skills
Data Analysis
Requirements
  • U.S. Citizen or Permanent Residency
  • Must be a current, matriculated student in an accredited program graduating August 2024 or later
  • 2.75 GPA (unofficial transcripts might be asked to submit)
  • Ability to work 40 hours week throughout the duration of the 10-12 week internship program.
  • Intermediate working knowledge of Word and Excel
  • Strong interpersonal and communication skills
  • Ability to verbally present information and respond to questions from small to medium groups
  • Ability to interpret data and analytics to develop insights, tell stories, support the decision-making process, and measure impact
  • Detail-oriented and self-motivated
  • Ability to interact with internal and external clients professionally in a fast paced, high-energy environment
  • Ability to be an independent worker with a team player attitude
Responsibilities
  • Engaging in project-based assignments and professional development activities aligned with the Bank's mission
  • Gaining insights to the Federal Reserve System while contributing to the assigned department
  • Building relationships with subject matter experts, Bank leadership, and fellow interns
  • Working in a collaborative environment that fosters inclusion
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 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

Growth & Insights
Headcount

6 month growth

4%

1 year growth

4%

2 year growth

4%
Simplify Jobs

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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