About the role#
This is a paid, full-time internship for Summer 2027 based in Detroit, Michigan. You will work 40 hours per week for 10 to 12 consecutive weeks on-site. This program provides direct exposure to the operations of the Federal Reserve Bank of Chicago through project-based assignments and professional development.
What you'll do#
- Engage in project-based assignments and contribute to your assigned department.
- Interpret data and analytics to develop insights, tell stories, support decision-making, and measure impact.
- Build relationships with subject matter experts, Bank leadership, and fellow interns.
- Participate in 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 for the duration of the program.
- Intermediate working knowledge of Word and Excel.
- Experience with data visualization tools such as Tableau or PowerBI.
- Strong interpersonal and communication skills, including the ability to present information verbally.
- Detail-oriented, self-motivated, and capable of working independently while maintaining a team-player attitude.
- Professionalism when interacting with internal and external clients.
Location & details#
- Location: Detroit, Michigan.
- Term: Summer 2027.
- Work Modality: On-site.
- Compensation: $20 to $33 per hour, based on academic level.
- Note: This position requires additional screening, including education and employment verification, criminal history, and credit history. Employees must comply with Bank ethics rules regarding the ownership of bank-related 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.
