2027 Summer Intern - Research Group - Sophomore Intern
Company
Federal Reserve Bank of New YorkWhen 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 Sophomore Career Exploration Internship gives undergraduate sophomores 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 witha strong senseof 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, giving them direct insight into the public service and financial services world
Sophomore interns work in one specific business area or function fortenweeks, andhave 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 in their long-term careers.
Our Unique Work:
The Research & Statistics Group - Research function at the Federal Reserve Bank of New York conducts
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 include:
Assisteconomists and research associates in the analysis of current public policy issues
and events.
Assisteconomists and research associates in long-term, academically oriented research
projects.
Conduct econometric analyses intended for Bank publications as well as academic journals.
How You’ll Make an Impact as a Research & Statistics Intern (Sophomore)
As a summer analyst in Research, you must have a demonstrated interest in economics, public policy, mathematics or statistics, and a strong academic record.Additionalrequirements include:
Ability to provide concise, articulate, and insightful economic analysis in written and verbal form.
Good leadership skills with the ability to think strategically anddemonstratea broader viewpoint on assignments
An interest in banking, finance, business, economics, or public policy with a strong academic record
Interpersonal and collaboration skills, including the willingness and ability to foster working relationships with a range of stakeholders
Written and verbal communication skills with the ability to synthesize information and explain it clearly
Organized and resourceful, with the ability to work as part of a team and independently
Ability to assimilatenew informationand learn new tools/systems
Solid analytical abilities
The Unique Skill Sets We’re Looking For:
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.
High interest in Finance, Banking, or Economics, with a strong academic record and a passion for public service.
Experience in data analysis, handling large databases,and using statistical packages (e.g., R, Stata,Matlab, Julia, SAS, Gauss, TSP, RATS, EViews, PROCSQL), or other computer programming experience (e.g., Java, C++, Python).
Detail oriented with excellent interpersonal and written communicationskills.Demonstrated working knowledge of Microsoft Office Suite (e.g., Excel, Word, PowerPoint) and Acrobat.
Ability to work independently as well as in a team environment.
To Apply: Please include anunofficial transcript.The application deadline isSeptember 28th , 2026(11:59 PM EST)*. Thisis a paid internship. Please note, summer housing is not provided.Expected graduation betweenWinter 2028 Spring 2029
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 $65,600
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. Whetheryou’restretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.
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. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” 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.
Our culture is deeply grounded in our Touchstone Behaviors.By working with us,you’llhave the opportunity to develop anddemonstrateyour 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 achievesuccess, andset clear expectations for leading with impact at every stage of your career.Learn more.
Apply now ifyou’reready to join us in strengthening the U.S. economy together. Want to consider our other opportunities?Click hereto see all our open roles.
The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person.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 orassistance. Please email us at[email protected] andwe’llbe glad to help.Please note, this email box is designed exclusively toassistjob applicants with accommodation requests. All other inquires, including the status of applications, will not receive a response.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts,skillsor working conditions associated with the job. While this is intended to bean accuratereflection 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 timeRegular / Temporary
TemporaryJob Exempt (Yes / No)
NoJob Category
Internship Family GroupWork 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.