2027 Summer Intern - Operations & Resiliency - Sophomore Intern

Federal Reserve Bank of Philadelphia • New York, NY

2d • $65,600 - $65,600 • Onsite

About The Position

The Sophomore Career Exploration Internship gives undergraduate sophomores the opportunity to gain valuable work experience at a unique institution. Through dynamic, project-based work assignments and professional development activities, students get: A cohort-based learning model with a strong sense of community, Real-world experience that helps them build strong skills and knowledge in their area of interest, The chance to contribute to meaningful work that makes an impact on the lives of all Americans, Opportunities to meet, network with, and work alongside our mission-driven, curious colleagues—all of whom are happy to share their experiences and advice, An experienced professional mentor to support them throughout the program, Access to learning events with senior leaders from the New York Fed, giving them direct insight into the public service and financial services world. Sophomore interns work in one specific business area or function for ten weeks and have access to opportunities for collaboration with other students and employees from around the Bank. At the end of the program, students leave with strong skills, professional connections, and meaningful experiences that will support them in their long-term careers. The Operations and Resiliency Group operates and oversees payments system processing for the Federal Reserve Bank of New York. This group includes the Bank’s Cash and Custody, Law Enforcement Unit, and Business Continuity and Resiliency Teams, and serves as the New York Administrative function for the Federal Reserve Financial Services. The group is dedicated to strengthening, supporting, and ensuring the resiliency of many of the Bank’s essential on-site operations.

Requirements

• Strong Academic Record: Evidence of excellent academic performance.
• Passion for Data Analysis: A keen interest in analyzing date to drive insights and decisions.
• High Interest in Business Operations, Banking or Economics: A demonstrated enthusiasm for these areas.
• Commitment to Public Service: A passion for contributing to the public good through their work.
• Detail Oriented: Strong interpersonal and written communication skills
• Technical Proficiency: Demonstrated working knowledge of Microsoft Office Suite (Excel, Word, PowerPoint), Acrobat general use of AI technology (including prompting)
• Team Player: Ability to work independently as well as in a team environment.
• Ability to think on one’s feet, multi-task, plan, organize and implement process improvements
• Strong problem-solving, analytical and critical thinking skills
• Excellent written, verbal and influencing communication skills
• Highly motivated, driven and results oriented.
• Expected graduation between Winter 2028 Spring 2029
• This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.

Responsibilities

• Operate and oversee payments system processing for the Federal Reserve Bank of New York.
• Strengthen, support, and ensure the resiliency of the Bank’s essential on-site operations.

Benefits

• This is a paid internship.
• Salary Range: Your regular wages for the 10 weeks will be paid on a semi-monthly basis and will be calculated based on an annual salary of $65,600

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed