Supervision, Credit Risk, & Statistics (SCS) Intern - Summer 2026

Federal Reserve Bank • Cleveland, OH

96d

About The Position

The Federal Reserve Bank of Cleveland is seeking innovative thinkers with vision to build the framework that will carry the Bank into the future. Our interns will work onsite at our Cleveland, Ohio location. We're looking for collaborative and innovative full-time students entering their sophomore year or beyond. 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. Take your skills to the next level and gain valuable experience contributing to work within Supervision, Credit Risk, & Statistics (SCS).

Requirements

• Currently pursuing an undergraduate or graduate degree in Finance, Economics, Business Analytics, Data Science 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.
• Proficiency with Microsoft Office products, specifically Excel and Access (proficiency or familiarity with programming in Python, R, SQL, etc. is a plus).
• 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.

Responsibilities

• Conduct research and analysis on top and/or emerging risk topics and financial condition reviews of financial institutions within the Fourth District.
• Participate in reviews of state member banks and bank holding companies through activities such as field examinations, ongoing monitoring, review of reports and workpapers, and regulatory filings.
• Assist Credit Risk Management with data validation and eligibility reviews of loan collateral pledged to the Discount Window.
• Assist discount window lending teams to identify business process improvements, efficiencies, and design a process automation pilot.
• Help teams identify business process improvements, efficiencies and design and/or implement analytical solutions leveraging emerging technologies (AI/ML).
• 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

• Gain practical experience and insights into the operations field through real-world projects and challenges.
• Receive guidance and mentorship from experienced professionals who are committed to your development.
• Build connections within the industry and with fellow interns and employees.
• 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
• Industry: Monetary Authorities-Central Bank
• Education Level: Bachelor's degree