Summer Intern: Digital Money and Payments Research & Development

    Federal Reserve System logo

    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
    Apply Now

    Best applied by Oct 6

    Access our internships job board to view 10,000+ active internships.


    About the role#

    This internship supports the Federal Reserve System's research and development regarding the future of money and payments. You will work within a multi-disciplinary team to understand the implications of new technologies, including digital currency, tokenized assets, smart contracts, and ledger design. This role provides exposure to how a central bank supports the U.S. financial system.

    What you'll do#

    • Interface with stakeholders across the Federal Reserve System and the Board of Governors.
    • Collaborate with internal teams, such as Legal, Audit, Finance, and Procurement, to identify and address project risks.
    • Design process improvements to increase team efficiency.
    • Build reports to communicate project status to senior management.
    • Support agile delivery methodology, including PI planning and execution.

    What you'll need#

    • Current enrollment in graduate or undergraduate studies in fields such as Political Science, Business Administration, Economics, Finance, or Engineering.
    • Strong project management skills.
    • Proficiency in Microsoft Office tools, specifically Word, Excel, and PowerPoint.
    • Excellent written and oral communication skills, along with effective presentation abilities.
    • A high level of self-motivation and the ability to work well in a team.
    • A working knowledge of the Federal Reserve System, fundamentals of finance, or technology development is helpful but not required.

    Location & details#

    • Location: Boston, Massachusetts.
    • Term: Summer 2027 (May/June to August).
    • Modality: This position is full-time and on-site.

    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.

    LinkedInWebsiteCareers emailFederal Reserve System contact channels unlock with a free account
    All Federal Reserve System internships

    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.

    Get alerts for new Federal Reserve System internships
    Share

    Interns who landed roles with Intern Insider

    “The AI resume builder helped me beat ATS systems, and I see jobs here days before they hit LinkedIn. Way less competition!”
    Ryan H., Product Manager Intern

    Ryan H.

    Product Manager Intern

    “I went from juggling multiple tabs to having everything I needed on one platform. The convenience is unmatched and worth every penny.”
    Setare M., System Integration Intern

    Setare M.

    System Integration Intern

    Apply to more than this one.

    10,000+ open internships in one place, with the deadlines and the people to email.

    Create free account
    Apply by Oct 6Apply Now