2024 Undergraduate Summer Analyst - People & Engagement Group

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

IT, People & HR
New York, NY, USA
Posted on Wednesday, August 30, 2023


Federal Reserve Bank of New YorkWorking 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.

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.

*Please note: Apply to all areas that you are interested in within the various tracks. For example, to apply to the entire policy track, you must submit applications for Markets, Research, and Supervision. This does not apply to Technology.*

Program Description:

The Summer Internship Program provides outstanding undergraduate and graduate students with the opportunity to gain valuable work experience with a unique institution. Through advanced project work assignments and professional development activities, summer analysts and associates are provided with an extensive understanding of the work of the New York Fed. The Summer Program will provide Summer Interns with Mentors, networking opportunities and Senior Speaker Events.

In addition to their daily responsibilities, summer interns attend weekly presentations hosted by senior management. These presentations provide an extensive overview of the Bank's responsibilities and 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 campus hiring.

Please review The People & Engagement (P&E) program will provide Summer Interns with a unique opportunity to engage in specific projects and on-the-job-training supporting one or multiple P&E functions *Learning and Development * HR Operations/ HRIS * Employee Relations * Talent Acquisition * HR Partner *Compensation/ Benefits * Diversity, Equity & Inclusion * Internal Communications

What we do:

People and Engagement partners with senior management and Business Groups to advance and support the Bank's culture of excellence by fostering an engaged and motivated staff. This is achieved through an organizational framework to recruit, develop, compensate, reward and retain the Bank's employees by designing, communicating and executing effective people programs; adhering to best practices; and providing timely and accurate information for staff, managers and senior leaders.

What we are looking for:

  • An interest in the field of human resources with a strong academic record and a passion for public service

  • Detail oriented with excellent interpersonal and written communication skills.

  • Strong analytical and problem-solving skills

  • A sense of urgency and an ability to execute quickly and efficiently

  • Working knowledge of Microsoft Office Suite (e.g., Excel, Word, PowerPoint) and Acrobat.

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

  • Expected graduation between Winter 2024 & Spring 2025

To Apply: Please include a resume and unofficial transcript. The application deadline is November 1st, 2023 (11:59 PM EST)*.

This is a paid internship. Please note, summer housing is not provided.

Salary :

Your regular wages for the ten weeks will be paid on a semi-monthly basis and will be calculated based on an annual salary of $70,700.00 , less applicable taxes.

Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more.

Access Level 1

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.

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

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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