Markets Group - New York Innovation Center - Graduate Intern

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    Federal Reserve System

    We are the central bank of the United States—one of the world's most influential and trusted financial organizations.

    10,001+ employeesWashington, DCBanking
    Actively hiringPaidSummer 2027Banking
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    About the role#

    The New York Innovation Center (NYIC) conducts research, experimentation, and prototyping to explore high-value opportunities for central banking. As a graduate intern within the Markets Group, you will join a team of researchers, analysts, and technologists. This ten-week program focuses on examining the potential applications of new financial technologies and informing strategic objectives.

    What you'll do#

    • Conduct technical and market research to identify emerging technologies relevant to central banking.
    • Analyze data and trends to provide insights and recommendations for new technology applications.
    • Collaborate with team members to develop business cases, implementation plans, and key metrics.
    • Prepare reports, presentations, and documentation to communicate research findings.
    • Support the NYIC team in aligning on strategic objectives and achieving key outcomes.

    What you'll need#

    • Currently pursuing a graduate degree with an expected graduation between Winter 2027 and Spring 2028.
    • Proficiency in data analysis tools and programming languages, specifically Python, R, or SQL.
    • Strong understanding of research methodologies and analytical techniques.
    • Excellent written and verbal communication skills.
    • Familiarity with Agile development methodologies, such as Scrum or Kanban.

    Location & details#

    • This is a full-time, paid internship located on-site in New York, NY.
    • The program duration is ten weeks during Summer 2027.
    • Applicants must meet specific residency or citizenship requirements to access confidential supervisory and Federal Open Market Committee information.

    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.

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