About the role#
The Advanced Analytics team within Supervision and Regulation researches, develops, and maintains models that monitor risk to promote a stable financial system. As an intern, you will work alongside data scientists to support projects that provide insights into the Fourth District and the national economy. You will gain practical experience in research and operations while receiving mentorship from experienced professionals.
What you'll do#
- Build and test predictive models using machine learning, econometric, and data mining techniques.
- Create preliminary data visualizations to communicate analytical findings.
- Assist with projects through all stages, from concept formulation and planning to model deployment and reporting.
- Engage with subject matter experts on projects related to artificial intelligence and emerging technology.
- Participate in weekly team standups and project increment planning.
- Take part in leadership and career development activities.
What you'll need#
- Current enrollment in an undergraduate or graduate program in Finance, Economics, Data Science, or a related field.
- A minimum GPA of 3.0 and at least one semester of school remaining.
- Technical proficiency in statistical programming, specifically Python or R.
- Experience working with large data sets.
- Ability to work both independently and within a group setting.
- Strong written and oral communication skills.
- A basic interest in learning about banking, financial markets, and regulation.
- Ability to work in a deadline-driven environment.
- Status as a U.S. citizen, permanent resident, or green card holder.
- Familiarity with SQL, Spark, or version control tools like git is a plus.
Location & details#
- Location: Cleveland, Ohio.
- Modality: On-site.
- Term: Summer 2027 (10 to 12 weeks).
- Schedule: Full-time (40 hours per week).
- Compensation: This is a paid internship.
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.
