About the role#
The Federal Reserve Bank of Chicago offers a paid summer internship for students pursuing degrees in fields such as Criminal Justice, International Affairs, or Liberal Arts. This program provides direct exposure to bank operations through project-based work and professional development activities. Interns contribute to their assigned departments while gaining insight into the mission of the Federal Reserve System.
What you'll do#
- Complete project-based assignments within your assigned department.
- Participate in professional development activities aligned with the bank mission.
- Build professional relationships with subject matter experts, bank leadership, and fellow interns.
- Present information verbally and respond to questions from small to medium groups.
- Interpret data and analytics to develop insights and support decision-making.
- Interact professionally with both internal and external clients.
What you'll need#
- U.S. citizenship or permanent residency status.
- Current enrollment in an accredited program with a graduation date of December 2027 or later.
- A minimum GPA of 2.75.
- Intermediate working knowledge of Word and Excel.
- Strong interpersonal and communication skills.
- Ability to work independently and as part of a team.
- Detail-oriented and self-motivated approach to work.
Location & details#
- This is a full-time, on-site internship located in Chicago, Illinois.
- The program requires a commitment of 40 hours per week for 10 to 12 weeks.
- Start dates are June 7, 2027, or June 14, 2027.
- Compensation ranges from $20 to $33 per hour, based on academic level.
- Employment is subject to a background screening process and adherence to 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.
