National Procurement Office Fall Intern at Federal Reserve Bank (FRB) in Richmond, Virginia

Job Description:

Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic and diverse team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.

About the Opportunity:

The National Procurement Office is hiring a temporary part-time intern (approximately 20 hours per week) who will be assigned to observe, assist and receive training in a broad range of activities in the Procurement and Procurement Support functions. Procurement is a strategic process for the acquisition of goods and services and is a core business function. This will be a four-month job experience where the intern will work directly with Procurement team members and leadership to gain valuable work experience at a unique institution through advanced project work assignments, professional development and networking opportunities. Specific duties and job schedule will be created for the position to meet the needs of the Bank. All work performed by the intern will be supervised by National Procurement leadership.

What You Will Do: 

• Utilizes established methods and tools to perform moderately complex analyses of business needs
  
  
  • Market Research
  
  
  • Technology review and rationalization
  
  
  • Order management
  
  
  • Invoicing and receiving
  
  
  
  


• Provides support in gathering, analyzing and compiling information 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 


• Develop and use skills associated with SharePoint Online to manage trackers, metrics and identify opportunities


• Exposure and work within the ERP tool; run various reports and understand output


• Participate in various sourcing activities and exposure to negotiation and contract review activities

Qualifications: 

• Pursuing degree or advanced certification


• 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


• Understanding of dashboarding reporting and collaboration tools

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 $22.00/hour.  


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


• Sponsorship is not available for this role.

Full Time / Part Time

Part time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Internship

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.

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.

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