Federal Reserve System Federal Reserve Summer 2024 Technical Internship in Richmond, Virginia
Federal Reserve Bank of Richmond
Grow Your Career at the Richmond Fed!
At the Richmond Fed, we’re driven by our mission to strengthen the economy and our communities. We take great pride in what we do and it impacts everyday people every day.
When you join our team, you’ll become part of a culture that welcomes differences, cares about our communities, and empowers each other to lead from where we are to make things better.
Bring your passion and we’ll provide challenging and purposeful careers in a variety of fields, opportunities to grow and a wide range of benefits and perks that support your health and wealth. It’s all part of what makes #MyRichmondFed a great place to work!
About the Opportunity
The Federal Reserve Bank of Richmond and National IT are now hiring for our 2024 Summer Intern Program.
The Summer Internship Program provides outstanding students with the opportunity to gain valuable work experience at a unique institution. Through advanced project work assignments and professional development activities, interns are provided with an extensive understanding of the work of the Federal Reserve. Interns will be given the opportunity to enhance their business skills through critical financial analysis, formal presentations, research and writing. In addition to specific business area tasks, you will receive targeted leadership training, mentorship and exclusive networking opportunities.
What You Will Do:
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
Current sophomores and juniors
3.0+ overall GPA
Currently pursuing aBachelor's Degreewith 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 changeStrong project management skills, including organization, planning, and execution, analytical andproblem solvingskills
Other Requirements and Considerations:
Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions. The Code is available on the About Us, Careers webpage at www.richmondfed.org .
US Citizenship or US Permanent Resident status is required. Sponsorship is not available for this role.
Selected candidate is subject to special background check procedures.
The hourly rate for summer interns is $21.50/hour.
Due to the volume of submissions we receive, we may be unable to contact each individual directly.
Full Time / Part Time
Regular / Temporary
Job Exempt (Yes / No)
First (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.
Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful
We hope that you will be our future colleague.