Federal Reserve System 2022 Undergraduate Summer Analyst - Statistics in New York, New York
Federal Reserve Bank of New York
Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems. It is a challenge that demands the skills of a financial service professional and the intelligence of an academic—all combined with a passion for public service.
This position will offer workplace flexibility e.g. working remotely or on site as needed/ desired during the week. Employees can expect to be in the office weekly as needed for meetings and team collaboration and should live within a commutable distance. The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person a couple days a week.
The Undergraduate Summer Analyst Program provides outstanding undergraduate students with the opportunity to gain valuable work experience at a unique institution. Advanced project work assignments and professional development activities, analysts are provided with an understanding of the work of the New York Fed.
Analysts are assigned to a directorate for the summer but will also have opportunities for collaboration with other analysts and employees from around the Bank. In addition to their daily responsibilities, analysts attend weekly presentations and events hosted by People & Engagement’s Early Careers team. These presentations provide an overview of the Bank's responsibilities, operations, and offer a unique opportunity to learn about full-time career opportunities upon graduation. The summer program is the largest recruitment source for the New York Fed’s full-time entry-level hiring.
Data & Statistics Function:
The Federal Reserve Bank of New York's Data and Statistics function provides critical data capabilities in support of a safe and sound financial system. Our work promotes Financial Stability, the implementation of domestic and international supervisory policy, and Monetary Policy. The team’s mission is to increase utility and ability to use financial data through standardization, thoughtful collection design, and increase capacity of the Function to scale operations.
You must have a demonstrated interest in banking, economics, finance, operations management, data management, or data science with a strong academic record and passion for public service
Demonstrated working knowledge of Microsoft Office Suite and familiarity with Tableau, R or Python is desirable
Specific requirements may be applied based on Group, Function or Area
Must have an expected graduation date of Winter 2022 or Spring 2023
Please include a resume and unofficial transcript. The application deadline is November 1st, 2021 (11:59 PM EST) *. Internships are paid; however, summer housing is not provided.
Federal Reserve Bank of New York summer internships are limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so. Interns must remain in the United States for certain aspects of the pre-employment & background check process, which will start approximately 6 weeks (around mid-March) prior to the first day of the internship.
In addition, all candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana.
Incumbent must be fully vaccinated against COVID-19, unless the Bank grants an exemption based on a medical condition or sincerely held religious belief.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate 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
Regular / Temporary
Job Exempt (Yes / No)
First (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.
Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful
We hope that you will be our future colleague.