Supervision, Credit Risk, and Statistics Intern 2026

Federal Reserve System • Cleveland, OH

3d • $30 - $33 • Onsite

About The Position

The Federal Reserve Bank of Cleveland is part of the nation’s central bank. We’ve provided many opportunities for professional growth during our history. For twenty-six years in a row, we’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications. Our People Make the Difference! The Federal Reserve Bank of Cleveland is seeking innovative thinkers with vision to build the framework that will carry the Bank into the future. Follow us on LinkedIn, Twitter, Instagram, and our YouTube channel – Cleveland Fed. To be considered for this role, candidates must be a U.S. citizen, permanent resident, or green card holder. Our interns will work onsite at our Cleveland, Ohio location. We’re looking for technically proficient graduate students with and understanding of the banking business. Our student interns work 40 hours per week for the duration of a 10- to 12-week internship that starts as early as June and ends as late as September, depending on student schedules and business needs. The expected starting salary range for this position is between $30 and $33 hourly. Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and market data. Take your skills to the next level and gain valuable experience contributing to work within Supervision, Credit Risk, & Statistics (SCS).

Requirements

• Currently pursuing a graduate degree in Statistics, Data Science, Economics, Business Analytics, or a related field with a minimum GPA of 3.0.
• Should have at least one semester left to complete in school.
• Strong computer/technical skills required.
• Ability to work in a deadline driven environment and ability to multitask.
• Ability to work both in a group setting and on an individual basis.
• Strong oral and written communication skills.

Nice To Haves

• Hands on experience with NLP and LLM preferred.
• Proficiency with Python, R, Tableau, or Power BI preferred.

Responsibilities

• Help teams identify business process improvements, efficiencies and design and/or implement analytical solutions leveraging emerging technologies (AI/LLM/NLP).
• Apply technical and business skills to develop and enhance impactful data visualization and dashboards
• Assist with data validation and reporting accuracy and integrity.
• Help with preparing training materials for upcoming seminars.
• Engage in leadership and career development activities for your future.

Benefits

• Hands-On Experience: Gain practical experience and insights into the operations field through real-world projects and challenges.
• Mentorship: Receive guidance and mentorship from experienced professionals who are committed to your development.
• Networking Opportunities: Build connections within the industry and with fellow interns and employees.
• Professional Development: Participate in workshops, training sessions, and seminars designed to enhance your skills and knowledge.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern