2027 Summer Intern - Markets Group - Chicago - Junior Intern
About The Position
The Undergraduate Summer Analyst Program gives undergraduate juniors 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 Feds, giving them direct insight into the public service and financial services world. Junior 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 Markets Group at the Federal Reserve Bank of New York consists of multiple teams that fulfill a range of responsibilities, from planning and executing open market operations, monitoring and analyzing financial market developments, to managing foreign customer accounts. As a summer analyst in Markets, you could be part of the following staff units: Capital Markets and Institutions, Central Bank and International Account Services, Cross Market Monitoring and Analysis, Cross Portfolio Policy and Analysis, Discount Window and Collateral Valuation, International Markets, Money Markets, Mortgage Markets, or Treasury Markets. This list is not exhaustive, and opportunities are dependent on Business need.
Requirements
- Demonstrated interest in financial markets, economics, public policy or finance, and a strong academic record.
- Quantitative analysis skills and familiarity working with spreadsheets, databases, and analytical tools ( e.g. Excel, SQL).
- Academic exposure and/or experience in international and domestic capital markets and instruments, and US monetary policy and economics
- Ability to source, prepare, and visually represent data for written reports using common tools ( e.g. Excel, Tableau)
- Ability to perform preliminary research and help prepare data regarding foreign and domestic markets issues
- Expected graduation between Winter 2027 & Spring 2028.
Nice To Haves
- Programming experience ( e.g. Python, R) is a plus
Responsibilities
- Prepare charts, tables, graphs and other supporting documentation to be used in the research and market analysis conducted by the Group
- Support senior staff with economic and financial data analysis
- Help execute the Group's funds, securities, trading and settlement activities, including the preparation and maintenance of preliminary internal reports, data entry of operations results, discrepancy follow-up and resolution, and testing the implementation of new products
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 $63,400
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What This Job Offers
Job Type
Full-time
Career Level
Intern
Education Level
No Education Listed
