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2027 Summer Intern - Research Group - Junior Intern

Federal Reserve System
Posted a day ago, valid for a month
Location

New York, NY, US

Salary

$72,100 per year

Contract type

Full Time

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Company

Federal Reserve Bank of New York

When you work at the New York Fed, youĀ have the opportunity toĀ make an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system.Ā Ā 

At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to timeĀ remainsĀ important to achieving our mission.Ā Ā 

Program Description:Ā 

The Undergraduate Summer Analyst Program gives undergraduate juniors the opportunity to gain valuable work experience at a unique institution. Through dynamic, project-based work assignments and professional development activities, students get:Ā 

  • A cohort-based learning model withĀ a strong senseĀ of communityĀ 

  • Real-world experience that helps them build strong skills and knowledge in their area of interestĀ 

  • The chance to contribute to meaningful work that makes an impact on the lives of all AmericansĀ 

  • Opportunities to meet, network with, and work alongside our mission-driven, curious colleagues—all of whom are happy to share their experiences and adviceĀ 

  • An experienced professional mentor to support them throughout the programĀ 

  • Access to learning events with senior leaders from the New York Feds, giving them direct insight into the public service and financial services worldĀ 

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Junior interns work in one specific business area or function for tenĀ weeks, andĀ have access to opportunities for collaboration with other students and employees from around the Bank.Ā Ā 

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At the end of the program, students leave with strong skills, professional connections, and meaningful experiences that will support them in their long-term careers.Ā 

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Our Unique Work:Ā 

The Research & Statistics Group - Research function at the Federal Reserve Bank of New York conductsĀ policy-oriented academic research and provides analytic support for the Bank's responsibilities relating to monetary policy, monetary policy execution, banking supervision, payments systems, and other economic and financial issues. As a summer analyst in Research, responsibilities may includeĀ 

  • AssistĀ economists and research associates in the analysis of current public policy issuesĀ and events.Ā 

  • AssistĀ economists and research associates in long-term, academically oriented researchĀ projects.Ā 

  • Conduct econometric analyses intended for Bank publications as well as academic journals.Ā 

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HowĀ You’llĀ Make an Impact as a Research & Statistics Intern (Junior)Ā 

  • As a summer analyst in Research, you must have a demonstrated interest in economics, public policy, mathematics or statistics, and a strong academic record.Ā AdditionalĀ requirements include:Ā 

  • Ability to provide concise, articulate, and insightful economic analysis in written and verbal form.Ā 

  • Good leadership skills with the ability to think strategically andĀ demonstrateĀ a broader viewpoint on assignmentsĀ 

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The Unique Skill SetsĀ We’reĀ Looking For:Ā 

  • A demonstrated interest in finance, accounting, economics, capital markets, business, ethics and compliance, or operational management with a strong academic record and passion for data analysis.Ā 

  • High interest in Finance, Banking, or Economics, with a strong academic record and a passion for public service.Ā 

  • Experience in data analysis, handling large databases,Ā and using statistical packages (e.g., R, Stata,Ā Matlab, Julia, SAS, Gauss, TSP, RATS, EViews, PROCSQL), or other computer programming experience (e.g., Java, C++, Python).Ā 

  • Detail oriented with excellent interpersonal and written communication skills. Demonstrated working knowledge of Microsoft Office Suite (e.g., Excel, Word, PowerPoint) and Acrobat.Ā 

  • Ability to work independently as well as in a team environment.Ā 

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To Apply:Ā Ā Please include anĀ unofficial transcript.Ā The application deadline isĀ OctoberĀ 5th, 2026Ā (11:59 PM EST) *.Ā This is a paid internship. Please note, summer housing is not provided.Ā Expected graduation betweenĀ Winter 2027 Spring 2028.Ā 

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Other Things to Know:Ā 

Salary Range:Ā Your regular wages for the 10 weeks will be paid on a semi-monthly basis and will be calculated based on an annual salary of $72,100Ā 

We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. WhetherĀ you’reĀ stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.  

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This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S.Ā citizens, lawful permanent residents, individuals who meet the definition of ā€œprotected individualā€ under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.   

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Our culture is deeply grounded in our Touchstone Behaviors. By working with us,Ā you’llĀ have the opportunity to develop andĀ demonstrateĀ your ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achieveĀ success, andĀ set clear expectations for leading with impact at every stage of your career.Ā Learn more.   

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Apply now ifĀ you’reĀ ready to join us in strengthening the U.S. economy together. Want to consider our other opportunities?Ā Click hereĀ to see all our open roles.Ā 

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The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person.Ā Learn more about our code of conduct and conflicts of interest rules.   

     

We value accessibility for all candidates and are happy to provide an accommodation orĀ assistance. Please email us atĀ ny.leaves@ny.frb.orgĀ andĀ we’llĀ be glad to help.Ā Please note, this email box is designed exclusively toĀ assistĀ job applicants with accommodation requests. All other inquires, including the status of applications, will not receive a response.Ā 

   

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts,Ā skillsĀ or working conditions associated with the job. While this is intended to beĀ an accurateĀ reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.   

Full Time / Part Time

Full time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Internship Family Group

Work Shift

First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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