Federal Reserve Summer 2024 Business Internship

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

Richmond, VA, USA
Posted on Saturday, August 26, 2023


Federal Reserve Bank of RichmondGrow Your Career at the Richmond Fed!

At the Richmond Fed, we’re driven by our mission to strengthen the economy and our communities. We take great pride in what we do and it impacts everyday people every day.

When you join our team, you’ll become part of a culture that welcomes differences, cares about our communities, and empowers each other to lead from where we are to make things better.

Bring your passion and we’ll provide challenging and purposeful careers in a variety of fields, opportunities to grow and a wide range of benefits and perks that support your health and wealth. It’s all part of what makes #MyRichmondFed a great place to work!

About the Opportunity:

The Federal Reserve Bank of Richmond and National IT are now hiring for our 2024 Summer Intern Program.

The Summer Internship Program provides outstanding students with the opportunity to gain valuable work experience at a unique institution. Through advanced project work assignments and professional development activities, interns are provided with an extensive understanding of the work of the Federal Reserve. Interns will be given the opportunity to enhance their business skills through critical financial analysis, formal presentations, research and writing. In addition to specific business area tasks, you will receive targeted leadership training, mentorship and exclusive networking opportunities.

What You Will Do:

  • Utilizes established methods and tools to perform moderately complex analyses of business issues

  • Works with clients and other resources to assess current capabilities, identify customer needs and assist in recommendation process improvements

  • Provides support in gathering, analyzing and compiling information from end-users and stakeholders to ensure processes, software and/or applications meet business requirements

  • Contributes to process improvement and solution discussions, may present outcomes to management

  • May participate in cross-functional team initiatives, process improvement and/or technology-based projects

  • Escalates non-routine or unusual problems to higher level support staff as appropriate


  • Current sophomores and juniors

  • 3.0+ overall GPA

  • Demonstrated ability to influence and lead others

  • Communication and interpersonal skills, including the ability to work effectively in a team environment

  • Creative thinker who embraces change

  • Strong project management skills, including organization, planning, and execution, analytical and problem solving skills

Other Requirements and Considerations:

  • Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions. The Code is available on the About Us, Careers webpage at www.richmondfed.org.

  • US Citizenship or US Permanent Resident status required. Sponsorship is not available for this role.

  • Selected candidate is subject to special background check procedures.

  • The hourly rate for summer interns is $21.50/hour.

  • Due to the volume of submissions we receive, we may be unable to contact each individual directly.

Full Time / Part Time

Full time

Regular / Temporary


Job Exempt (Yes / No)


Job Category


Work Shift

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.

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