Summer 2025 Intern, LISCC Integration- Division of Supervision and Regulation - R024899
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: : 22 Minimum Salary: : $25.58 Maximum Salary: : $33.63
Posting Date : Dec 12, 2024

Position 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.

Position Requirements

About the Team
The Division of Supervision and Regulation is seeking highly motivated individuals with keen interests in economics, finance, and policy to join the function responsible for the supervision of globally systemic U.S. firms, the Large Institution Supervision Coordinating Committee (LISCC), as a summer intern.
The LISCC supervision program is the Federal Reserve’s supervisory program for the nation’s largest and most systemic financial institutions. Its primary objective is to maintain safe and competitive U.S. and global banking systems. LISCC comprises of national programs staffed by individuals from multiple Reserve Banks and the Board, including Capital, Liquidity, Monitoring and Analysis Program (MAP), Governance and Controls (G&C), and Recovery and Resolution Program (RRP). The LISCC Integration team provides a key link between the LISCC supervision program and the Board’s Policy Group and other Functions within Supervision. The team synthesizes, develops and promotes the LISCC supervisory perspective to a broad range of audiences, including to inform policy development and Board decisions. The Integration section also contributes significantly to LISCC supervision’s cooperation and exchange of information with foreign and U.S. supervisors.

About the Role
A summer intern in LISCC Integration may work on a variety of projects involving data analysis, qualitative analysis, firm-specific information products, horizontal information products, and policy projects.
These assignments may include:

• Participation in the policy development and implementation process for rules and supervisory guidance that impact large financial institutions
• Participation in the development, implementation, and maintenance of internal LISCC supervisory policies and guidebook
• Conducting original research on firms, financial products, financial trends, regulatory trends, or other matters to inform the work of the LISCC program.

Past summer interns have produced firm-specific and LISCC-wide profiles based on supervisory information, worked on GSIB factor analytics, assisted with Supervision Conference planning, assisted in drafting governor briefing notes, and produced research on business lines.

Suggested Major/Education: Pursuing a degree in economics, finance, public policy or a related field of study, graduating Fall 2025 or later

Desired Qualification and Skills
The ideal candidate will demonstrate:

• Strong learning agility
• Interest in taking on varied assignments that include both quantitative and qualitative analysis.
• Strong analytical skills- identifying relevant data sets, conducting analysis to develop insights, and presenting summary information.
• Strong writing skills- summarize complex topics for executive audiences
• Programming ability in Tableau, R, Stata, SQL, or Python is a plus but not required.

Additional Notes

• Anticipated Work Environment: This internship can be completed fully remote OR in a hybrid capacity in Washington, DC.
• US Citizenship is required for all Board internships and applicants must be current students, graduating from their program Fall 2025 or later.

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: R024899