What are the responsibilities and job description for the Summer Intern, Policy Planning and Strategy- Division of Supervision and Regulation position at Federal Reserve Board?
Position Description
Minimum Education
Enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship.
Minimum Experience
0
Summary
The Federal Reserve Board (Board) provides students opportunities for career success. The Board’s Internship program is designed to provide valuable work experience for undergraduate and graduate students considering careers including, but not limited to, economics, finance and accounting, information systems, and data analysis. The Board believes that by combining academic endeavors with project-related work experience, qualified and capable college students can gain the practical knowledge need in a competitive global job market. Internships are paid positions with salaries commensurate with credit hours; internships may be in-person, remote or hybrid, depending on the needs of the team. Employment in the Board’s internship program is granted to U.S. citizens. Applicants must be currently enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship. Interns receive a syllabus or research project plan outlining their projects and goals for the internship. Interns are assigned a supervisor or mentor to guide them through their internship, and regular check-in meetings with their manager to manage performance expectations and assist with learning goals. Interns have access to a wide range of training programs and events for professional development purposes.
Position Requirements
Policy Planning anticipates changes in the banking sector through data-driven analysis and stakeholder engagement to ensure our regulatory framework remains effective and aligned with today's financial landscape. We are currently leading the statutorily required 10-year review to identify and remove outdated and unduly burdensome regulations with final recommendations due to Congress in 2027.
We are seeking a Summer Analyst to support our regulatory modernization initiatives. The ideal candidate will have strong analytical skills and an interest in financial regulation.
Responsibilities
Desired qualifications and skills: Significant coursework in Economics, Finance, and Public Policy, or a related field; Some coursework in Computer Science, or Data Science; Coursework in Mathematics, Statistics are a plus.
Key competencies: Must be proficient in one of the following programming languages: Python, R.; Should be comfortable using genAI tools and understand their strengths and weaknesses; Familiar with quantitative and qualitative analysis methods; Strong research skills.
Notes
Primary Location
DC-Washington
Employee Status
Temporary
Overtime Status
Non-exempt
Job Type
Internship
Relocation Provided
No
Compensation Grade Low
FH Pay Grade 20
Compensation Grade High
20
Minimum Salary
$25.58
Maximum Salary
$39.42
Posting Date
Dec 11, 2025
Minimum Education
Enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship.
Minimum Experience
0
Summary
The Federal Reserve Board (Board) provides students opportunities for career success. The Board’s Internship program is designed to provide valuable work experience for undergraduate and graduate students considering careers including, but not limited to, economics, finance and accounting, information systems, and data analysis. The Board believes that by combining academic endeavors with project-related work experience, qualified and capable college students can gain the practical knowledge need in a competitive global job market. Internships are paid positions with salaries commensurate with credit hours; internships may be in-person, remote or hybrid, depending on the needs of the team. Employment in the Board’s internship program is granted to U.S. citizens. Applicants must be currently enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship. Interns receive a syllabus or research project plan outlining their projects and goals for the internship. Interns are assigned a supervisor or mentor to guide them through their internship, and regular check-in meetings with their manager to manage performance expectations and assist with learning goals. Interns have access to a wide range of training programs and events for professional development purposes.
Position Requirements
Policy Planning anticipates changes in the banking sector through data-driven analysis and stakeholder engagement to ensure our regulatory framework remains effective and aligned with today's financial landscape. We are currently leading the statutorily required 10-year review to identify and remove outdated and unduly burdensome regulations with final recommendations due to Congress in 2027.
We are seeking a Summer Analyst to support our regulatory modernization initiatives. The ideal candidate will have strong analytical skills and an interest in financial regulation.
Responsibilities
- Conduct analysis to identify outdated, unnecessary, or burdensome regulations within our regulatory framework
- Develop analytical tools and models to quantify regulatory burden on financial institutions
- Compile and analyze data to evaluate regulatory effectiveness and redundancies
- Support the preparation of the mandated Report to Congress on regulatory review findings
- Assist with stakeholder engagement to gather input on regulatory impact
- Learn how to calculate and apply quantitative estimates of costs of regulations
- Develop deep understanding of bank regulatory framework
- Understanding of S&R strategy, workflow, and policy process
- Exposure to S&R policy leaders
Desired qualifications and skills: Significant coursework in Economics, Finance, and Public Policy, or a related field; Some coursework in Computer Science, or Data Science; Coursework in Mathematics, Statistics are a plus.
Key competencies: Must be proficient in one of the following programming languages: Python, R.; Should be comfortable using genAI tools and understand their strengths and weaknesses; Familiar with quantitative and qualitative analysis methods; Strong research skills.
Notes
- US Citizenship is required. Applicants must be current students, graduating from their program Fall 2026 or later.
Primary Location
DC-Washington
Employee Status
Temporary
Overtime Status
Non-exempt
Job Type
Internship
Relocation Provided
No
Compensation Grade Low
FH Pay Grade 20
Compensation Grade High
20
Minimum Salary
$25.58
Maximum Salary
$39.42
Posting Date
Dec 11, 2025
Salary : $26 - $39