About the role#
The Markets Group at the Federal Reserve Bank of New York manages the balance sheet of the Federal Reserve System, monitors financial market developments, and supports U.S. Treasury debt management. This 10-week summer internship offers undergraduate students the opportunity to contribute to this mission through project-based work. Interns work within specific units such as Capital Markets, Money Markets, or International Markets and receive support from an experienced professional mentor.
What you'll do#
- Prepare charts, tables, graphs, and other documentation for research and market analysis.
- Support senior staff with the analysis of economic and financial data.
- Help execute funds, securities, trading, and settlement activities.
- Prepare and maintain preliminary internal reports and perform data entry of operations results.
- Test the implementation of new products.
What you'll need#
- A strong academic record with a demonstrated interest in economics, finance, public policy, or financial markets.
- Quantitative analysis skills and experience using spreadsheets, databases, and analytical tools.
- Academic exposure to international and domestic capital markets, financial instruments, and U.S. monetary policy.
- Ability to source, prepare, and visually represent data for written reports.
- Proficiency in programming languages like Python or R is a plus.
Location & details#
- Location: New York, New York.
- Modality: Full-time, on-site.
- Term: Summer 2027.
- Compensation: This is a paid internship with an annual salary of $72,100.
- Eligibility: This role requires access to confidential supervisory information and Federal Open Market Committee information, which is restricted to U.S. citizens and lawful permanent residents who meet specific legal requirements.
About Federal Reserve System
The Federal Reserve System acts as the central bank of the United States. It manages national monetary policy, supervises banking institutions, and provides financial services to the government. The organization maintains a presence across the country with multiple regional banks. It employs over 10,000 people to support its economic mission.
How to get in at Federal Reserve System
Securing an internship at the Federal Reserve System requires speed because hiring managers often review applications as they arrive. Intern Insider sends an instant alert the moment a role matching your target is published, so you apply among the first and get seen before the pile grows. It is a simple way to stay ahead of the crowd during a competitive cycle. You can also improve your chances by reaching out to the recruiters behind the company's roles directly. Intern Insider surfaces these contacts so you can ask about the position or request a referral, which materially improves response rates. Connecting with a human recruiter often provides the clarity you need to stand out.
