Job Information
Federal Reserve Bank Summer 2025 Intern, Financial Accounting Policy & Reporting - RBOPS in Washington, District Of Columbia
| Summer 2025 Intern, Financial Accounting Policy & Reporting - RBOPS - R024699 Primary Location : DC-Washington : Employee Status : Temporary Overtime Status : Non-exempt Job Type : Internship : : : Relocation Provided: : No Compensation Grade Low: : FH Pay Grade 20 Compensation Grade High: : FH Pay Grade 22 Minimum Salary: : $26.44/hr Maximum Salary: : $33.65/hr Posting Date : Sep 12, 2024
Position Description
Minimum Education 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.
Position Requirements
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: • Testing financial information system enhancements • Reviewing Reserve Bank oversight documentation • Performing routine financial reporting • Assisting with accounting policy documentation updates 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. • US Citizenship is required for all Board internships and applicants must be current students, graduating from their program Fall 2025 or later. • Expected Start Date: May 2025. Expected Schedule: 40 hours/week during the summer Location: RBOPS currently requires an in-office presence of 6 days a month minimum. Intern Benefits
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services. | Req ID: R024699 Current Search Criteria |