Summer Intern - Supervision Group - Sophomore

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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 Supervision Group at the Federal Reserve Bank of New York invites undergraduate sophomores to join our Summer Internship program. This 10-week, full-time program provides hands-on experience within a central banking environment. You will work within a specific business function, contributing to our mission of promoting a stable financial system. This is a paid, on-site position based in New York City.

    What you'll do#

    • Conduct critical financial analysis, research, and writing to support supervisory objectives.
    • Participate in onsite evaluations and offsite financial analysis and surveillance of financial institutions.
    • Contribute to project-based work assignments within your assigned business area.
    • Attend professional development activities and engage with senior leaders to gain insight into the public service and financial services sectors.
    • Collaborate with fellow interns and full-time employees across the Bank.

    What you'll need#

    • Current undergraduate sophomore status with an expected graduation date between Winter 2028 and Spring 2029.
    • A demonstrated interest in economics, public policy, or finance.
    • A strong academic record.
    • Proficiency in the MS Office Suite.
    • Strong written and verbal communication skills, with the ability to synthesize and explain complex information.
    • An organized and resourceful approach to both independent and team-based work.
    • Curiosity and a commitment to critical thinking.

    Location & details#

    • Location: New York, New York.
    • Term: Summer 2027.
    • Modality: This is an on-site, full-time role.
    • Compensation: The position is paid with an annual salary of $65,600 (prorated for the 10-week term).
    • Note: Summer housing is not provided.

    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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