Summer 2025 Intern, Financial Accounting Policy & Reporting - RBOPS at Federal Reserve Board of Governors in Washington, Washington DC
Posted in General Business 4 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.About the Team/Role
The Financial Accounting Policy and Reporting (AP&R) team, a section within the Board's division of Reserve Bank Operations and Payment Systems, supports the Board and the Federal Reserve System in meeting its responsibilities to provide Reserve Bank financial information to the public and to ensure the proper collateralization of Federal Reserve notes. In particular, the AP&R team is responsible for the production of periodic and ad hoc Reserve Bank financial reports to the public, including quarterly unaudited and the annual audited combined Reserve Bank financial statements and are subject matter experts on the underlying accounting policy that supports the financial statements.
The intern will join the AP&R team to support the group's key projects, including:
Competencies and Learning Objectives: career and self-development, communication, critical thinking, integrity & professionalism, leadership, teamwork, technology
Qualifications/Requirements
Suggested Academic Degree Program (Undergraduate or Graduate): Accounting or Finance, Business Analytics
Required Skills and Knowledge: Strong communication skills (written and oral), MS Office Suite including Teams and Excel
Preferred Skills: Prior professional experience, particularly in a hybrid work structure is a plus.
Required Documents: Attach a resume, cover letter, and unofficial transcript prior to submitting application.
Location: RBOPS currently requires an in-office presence of 6 days a month minimum.
Intern Benefits
- Access to LinkedIn Learning & R programming courses
- Professional development and networking opportunities
- Flexible schedule
- Dining options on-site
- On-site fitness center
- Public transit benefits
Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm
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