About the role#
The Office of Employee Benefits (OEB) manages benefit programs for approximately 80,000 current and former Federal Reserve employees and their beneficiaries. Based in Newark, New Jersey, this team administers the Federal Reserve System Retirement Plan and oversees health, life, and disability insurance programs. This internship is a dedicated role within the Investment Management team.
What you'll do#
- Support the Investment Management team with ongoing projects.
- Assist in the administration of the Federal Reserve System Retirement Plan.
- Help oversee benefit programs for employees and beneficiaries.
What you'll need#
- Current enrollment in a degree program focused on Finance, Economics, or Business Administration.
- Proficiency in Microsoft Office Suite, including Excel, Word, and PowerPoint.
- Strong analytical and critical thinking skills.
- Ability to grasp new information quickly and make sound decisions.
- Strong attention to detail and a commitment to accuracy.
- Ability to communicate effectively, both in writing and verbally.
- Capacity to manage multiple tasks and work independently while taking ownership of projects.
- Ability to work productively in a collegial atmosphere and comfort working across time zones.
- A strong work ethic.
Location & details#
- Location: Newark, New Jersey.
- Term: Summer 2027.
- Modality: On-site.
- Employment type: Full-time internship.
- This position is paid. Candidates must be authorized to work in the United States without the need for visa sponsorship. Please note that this role requires a background check, including fingerprinting, which can take up to 8 weeks to complete.
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
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