Summer 2025 Intern, Systems and Operational Resiliency Policy - Division of Supervision and Regulation at Federal Reserve Board of Governors in Washington, Washington DC
Posted in General Business 7 days ago.
Type: Full-Time
Job Description:
Minimum Education
Enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship.
Minimum Experience
0
Summary
The Federal Reserve Board (Board) provides students opportunities for career success. The Board's Internship program is designed to provide valuable work experience for undergraduate and graduate students considering careers including, but not limited to, economics, finance and accounting, information systems, and data analysis. The Board believes that by combining academic endeavors with project-related work experience, qualified and capable college students can gain the practical knowledge need in a competitive global job market. Internships are paid positions with salaries commensurate with credit hours; internships may be in-person, remote or hybrid, depending on the needs of the team. Employment in the Board's internship program is granted to U.S. citizens. Applicants must be currently enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship. Interns receive a syllabus or research project plan outlining their projects and goals for the internship. Interns are assigned a supervisor or mentor to guide them through their internship, and regular check-in meetings with their manager to manage performance expectations and assist with learning goals. Interns have access to a wide range of training programs and events for professional development purposes.The Systems and Operational Resiliency Policy (SORP) section is responsible for establishing the policy framework for operational resilience related risk to supervised institutions. The section promotes a financial system that is operationally resilient and ready to tackle cybersecurity risks, safeguard systems and critical financial infrastructure, and address emerging technology risks. The section provides policy analysis and research for supervisory oversight of the national program for the largest service providers.
The primary responsibilities of this position involve assisting with several data-related projects, initiatives, and priority proposed rulemaking for the SORP team. The SORP team creates, refines, and communicates policy related to the operational resilience of the financial sector from varied operational risks, including cybersecurity risks. SORP also helps to oversee cyber incident response work throughout the FRS. In support of these objectives, SORP provides oversight for several datasets, related to cybersecurity and service provider risk, and pursues independent policy research to support policymaking and incident response efforts.
The primary duties of this role include:
Applicants majoring in economics, statistics, mathematics, or cybersecurity-related fields are encouraged to apply. Applicants outside of these areas with data science or research skills will also be considered. Graduate level or above preferred, but not required.
This role will offer the opportunity to develop research and analytic skills, including the possibility of co-authorship or contribution to published research papers. The successful applicant will also have the opportunity to become familiar with multiple Federal Reserve bank data series. The successful applicant will have the chance to apply critical thinking and creativity to studying, utilizing, and summarizing information taken from multiple large datasets. This role will provide the opportunity to meaningfully impact the use of cyber risk data for policy research and supervision. Lastly, this role will provide the opportunity to network with leaders, cybersecurity analysts, and economists at the Board of Governors and throughout the Federal Reserve System.
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