About the role#
This paid internship program provides undergraduate, graduate, and doctoral students with direct exposure to the operations of the Federal Reserve Bank of Chicago. You will engage in project-based assignments and professional development activities while gaining insights into the Federal Reserve System.
What you'll do#
- Contribute to your assigned department.
- Build professional relationships with subject matter experts, bank leadership, and fellow interns.
- Participate in organized professional development activities.
What you'll need#
- Current enrollment in an accredited program with a graduation date of December 2027 or later.
- Minimum 2.75 GPA.
- U.S. citizenship or permanent residency status.
- Ability to work 40 hours per week.
- Intermediate working knowledge of Word and Excel.
- Strong communication skills, including the ability to present information verbally and respond to questions.
- Ability to interpret data and analytics to support decision-making.
- Professional demeanor when interacting with internal and external clients.
- Ability to work independently and as part of a team.
- Detail-oriented and self-motivated work ethic.
Location & details#
- Location: Chicago, Illinois.
- Term: Summer 2027.
- Modality: On-site, 40 hours per week for 10-12 weeks.
- Compensation: $20 to $33 per hour, based on academic level.
- Note: This position requires additional screening, including education and employment verification, criminal and credit history checks, and reference checks. Employees must comply with bank ethics rules regarding the ownership of certain securities.
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.
