2027 Intern - Credit, Risk and Reserves Management

Federal Reserve System•Dallas, TX
•Onsite

About The Position

The Federal Reserve Bank of Dallas Internship Program is a prestigious, cohort-based experience that attracts top talent from across the country for paid, full-time summer internships spanning majors and functional areas – from economic research and finance to Cash Services, IT, and beyond. While interns take on a specific functional role for the summer with meaningful work and opportunities to grow, the program offers much more than a single assignment. Dedicated staff mentors help launch your career, and curated cohort programming provides broad exposure to central banking, direct access to senior leaders and industry experts, and dedicated learning and development opportunities. As part of the Federal Reserve System, you'll also build a professional network of peers that spans the nation. The program runs approximately for 10-12 weeks, beginning in mid-to-late May and concluding in August. For this specific position, you will be located in the Dallas office. The Credit, Risk and Reserves Management Department implements monetary policy by extending credit through the discount window and by administering Regulation D with monetary tools such as interests on balances, Term Deposit Facility program and excess balance accounts. The department also monitors depository institutions (DIs) that hold Federal Reserve accounts and uses appropriate controls to mitigate risk to the Federal Reserve Bank of Dallas.

Requirements

  • Studying Business Administration, Management, Finance, Accounting, or related field
  • Strong attention to detail
  • Outstanding written and verbal communication skills
  • Strong computer skills including, but not limited to, proven efficiencies with Microsoft Office
  • Ability to work on team projects
  • Eligible to work in the U.S. (role is not available for sponsorship)

Responsibilities

  • Perform entry level operational assignments related to Condition Monitoring, Payment System Risk, and Collateral under direct supervision and guidance.
  • Work on special ad hoc analysis projects for the department.
  • Facilitate unit and department meetings and team building events.
  • Assist with project management, data analysis, special projects, and operational support.

Benefits

  • Professional development opportunities
  • Broader networking opportunities across District
  • Downtown location with free parking
  • 24/7 on-site fitness center (Dallas & Houston Offices)
  • On-site café and coffee shop
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