About the role#
The Federal Reserve Bank of Chicago offers a paid summer internship for undergraduate students interested in internal audit. You will work for a regulatory bank dedicated to the public good. This program provides direct exposure to bank operations and insight into the broader Federal Reserve System.
What you'll do#
- Engage in project-based assignments within your assigned department.
- Participate in professional development activities.
- Build relationships with subject matter experts, bank leadership, and fellow interns.
- Contribute to your department's goals in a collaborative, inclusive environment.
What you'll need#
- Current enrollment in an accredited undergraduate program with a graduation date of December 2027 or later.
- A minimum 2.75 GPA.
- Current U.S. citizenship or permanent residency status.
- Ability to work 40 hours per week for the duration of the 10 to 12 week program.
- Intermediate skills in Word and Excel.
- Strong interpersonal and communication skills, including the ability to present information verbally.
- Ability to interpret data and analytics to support decision-making.
- A detail-oriented, self-motivated, and independent work ethic combined with a team-player attitude.
- Professionalism when interacting with internal and external clients.
- Majors in Accounting, Finance, or Business Administration.
Location & details#
- Location: Chicago, Illinois.
- Modality: On-site.
- Term: Summer 2027.
- Compensation: $20 to $33 per hour, based on academic level.
- Employment type: Full-time.
- 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 financial 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.
