About the role#
The Supervision, Regulation, and Credit (SRC) department at the Federal Reserve Bank of Richmond is hiring for the 2027 Summer Internship Program. This role provides an opportunity to explore supervision business lines and gain hands-on experience with the supervisory process. Interns will work on-site in Richmond, Virginia, to develop business skills and understand the Federal Reserve's role in overseeing financial institutions.
What you'll do#
- Rotate through three different supervision business lines.
- Participate in an examination at the Federal Reserve Bank or a state member bank.
- Communicate findings and conclusions of supervisory activities to senior management and examination staff.
- Handle highly sensitive and confidential information with responsibility.
- Observe and contribute to relevant meetings to gain an overview of department operations.
- Take part in a bank simulation exercise.
- Collaborate with other interns to create and deliver a presentation to the SRC department.
- Participate in foundational learning, professional development activities, and complete a final project.
- Develop a relationship with a mentor.
What you'll need#
- Status as a rising senior.
- A minimum 3.3 GPA.
- An emphasis in Accounting, Finance, Business Administration, Economics, Mathematics, Statistics, or a related field.
- Strong project management skills, including planning, organization, and execution.
- Analytical and problem-solving abilities.
- Strong communication and interpersonal skills with the ability to work in a team environment.
- Intellectual curiosity and a willingness to ask questions.
- U.S. citizenship or status as a permanent resident/Green Card holder who is an intending citizen.
Location & details#
- Location: Richmond, Virginia.
- Term: Summer 2027.
- Modality: On-site.
- Employment: Full-time internship.
- Compensation: $23.50 per hour.
- Note: Sponsorship for this position is not available.
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.
