2027 Summer Intern - Supervision Group - Graduate

Company Federal Reserve Bank of New York When you work at the New York Fed, you have the opportunity to 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.   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 time remains important to achieving our mission.   Program Description:   The Graduate Summer Associate Program gives graduate students   the opportunity to gain valuable work experience at a unique institution. Through dynamic, project-based work assignments and professional development activities, students get:   A cohort-based learning model with   a strong sense   of community   Real-world experience that helps them build strong skills and knowledge in their area of interest   The chance to contribute to meaningful work that makes an impact on the lives of all Americans   Opportunities to meet, network with, and work alongside our mission-driven, curious colleagues—all of whom are happy to share their experiences and advice   An experienced professional mentor to support them throughout the program   Access to learning events with senior leaders from the New York Fed and other notable institutions, giving them direct insight into the public service and financial services world   Graduate interns work in one specific business area or function for ten   weeks, and   have access to opportunities for collaboration with other students and employees from around the Bank.    At the end of the program, students leave with strong skills, professional connections, and meaningful experiences that will support them their long-term careers.   Our Unique Work:   The Supervision Group supervises and regulates financial institutions in the Second District of the Federal Reserve System. We apply our unique insight to influence and execute Federal Reserve System supervision   in order to   promote a safe, sound, and stable banking and financial system. Staff in the Group assess the safety and soundness of domestic banking institutions and operations of foreign banking organizations in the district through periodic onsite evaluations and offsite financial analysis and surveillance. The Group also analyzes issues and developments to   identify   emerging supervisory risks and develop domestic and international supervisory policy.   Our Supervision Group Intern Program encompasses seven distinct functions —Business Services- Quality Assurance, GSIB   (Globally Systemic Important Banks)   Risk Exams,   Large and Foreign Banking Organizations,   Supervisory   Analysis, Regional and Community Financial Institutions, Consumer Compliance, and Financial Market Infrastructure, each  requiring  different  expertise . We encourage you to apply if your background aligns with ANY of the skill tracks below, as we match candidates to functions that best fit their strengths and interests .     How You’ll Make an Impact as a Supervision Intern (Graduate)   Through advanced work assignments and professional development activities, Summer Associates are provided with an extensive understanding of the work of the New York Fed.  Summer Associates will be given the opportunity to enhance their business skills through critical financial analysis, formal presentations, research, and writing. Summer Associates are assigned to a particular business area for the summer, and they will also have opportunities for collaboration with other Summer Associates, and full-time employees .    The Unique Skill Sets We’re Looking For:   The Supervision Group's Summer Associate Program is open to graduate students with demonstrated and applicable full-time work experience. As a Summer Associate, you must have a demonstrated interest in economics, public policy, and/or finance and a strong academic record.  We encourage candidates of all backgrounds (including Liberal Arts) to apply.    Core Skills - All candidates should  demonstrate :    Strong written and verbal communication skills with the ability to synthesize information and explain it    Organized and resourceful, with the ability to work as part of a team and independently    Ability to assimilate  new information  and learn new tools/systems    Curiosity and critical thinking skills    Research and writing skills    Proficiency  in MS Office Suite    Specialized Skills – In addition to the core skills some of our roles would  benefit  from some of the skills below    Data & Technology:   Data analytics, statistical software tools (Macros, VBA, SQL, Stata, Python), data visualization tools (Tableau), IT/Computer Science, Cyber    Risk & Markets:   Capital markets, risk management, audit, quality assurance    Governance, Compliance & Policy:   Compliance, legal, consumer protection    Valued Industry Experience:    Financial institutions (large banks, community banks, financial market infrastructure)    Public sector/regulatory agencies    Consulting firms    Corporate sector (1-2 years preferred)      To Apply:    The application deadline is   October 5 th ,   202 6   ( 11:59 PM EST)   *. This   is a paid internship. Please note, summer housing is not provided.   Qualified Candidates are   e xpected   to graduate   between   Winter 2027 Spring 2028 .   Other Things to Know:   Salary Range:   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   $94,900   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 backgr