Federal Reserve Board

2027 Intern - Credit, Risk and Reserves Management

Federal Reserve Board  •  Dallas, TX (Onsite)  •  3 hours ago
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Job Description

Company

Federal Reserve Bank of Dallas

We are dedicated to serving the public by promoting a strong financial system and a healthy economy for all. These efforts take a team of dedicated individuals doing many different jobs. Together we’re creating a workplace where talented people can thrive, and we welcome your unique background and perspective to help present the best possible solutions for our partners.

Location: #LI-Onsite. If you need assistance or a reasonable accommodation, please notify your Talent Acquisition Consultant.

ABOUT THE DALLAS FED:

At the Dallas Fed we serve the public by partnering with communities and businesses, promoting jobs and stable prices, and keeping your money safe and available. We welcome different perspectives, ideas, and experiences. As part of the nation’s central bank, we are committed to improving the economy and our communities. Are you ready to make a difference?

Learn more about the Dallas Fed: www.dallasfed.org/fed.

ABOUT THE INTERNSHIP PROGRAM:

The Federal Reserve Bank of Dallas Internship Program is a prestigious, cohort-based experience that attracts top talent from across the country for paid, full-time summer internships spanning majors and functional areas – from economic research and finance to Cash Services, IT, and beyond. While interns take on a specific functional role for the summer with meaningful work and opportunities to grow, the program offers much more than a single assignment. Dedicated staff mentors help launch your career, and curated cohort programming provides broad exposure to central banking, direct access to senior leaders and industry experts, and dedicated learning and development opportunities. As part of the Federal Reserve System, you'll also build a professional network of peers that spans the nation. The program runs approximately for 10-12 weeks, beginning in mid-to-late May and concluding in August. For this specific position, you will be located in the Dallas office.

Learn more about our internship program: www.dallasfed.org/internships.

ABOUT YOUR TEAM:

The Credit, Risk and Reserves Management Department implements monetary policy by extending credit through the discount window and by administering Regulation D with monetary tools such as interests on balances, Term Deposit Facility program and excess balance accounts. The department also monitors depository institutions (DIs) that hold Federal Reserve accounts and uses appropriate controls to mitigate risk to the Federal Reserve Bank of Dallas.

WHAT YOU’LL DO:

  • Under direct supervision and guidance, perform entry level operational assignments related to Condition Monitoring, Payment System Risk, and Collateral
  • Work on special ad hoc analysis projects for the department
  • Facilitate unit and department meetings and team building events
  • Assist with project management, data analysis, special projects, and operational support

WHAT YOU BRING:

  • Studying Business Administration, Management, Finance, Accounting, or related field
  • Strong attention to detail
  • Outstanding written and verbal communication skills
  • Strong computer skills including, but not limited to, proven efficiencies with Microsoft Office
  • Ability to work on team projects

OUR BENEFITS:

  • Professional development opportunities
  • Broader networking opportunities across District
  • Downtown location with free parking
  • 24/7 on-site fitness center (Dallas & Houston Offices)
  • On-site café and coffee shop

WORK HOURS:

Monday – Friday, 8:00 a.m. – 5:00 p.m. (40 hours/ week). Some additional hours may be required.

NOTES:

Participation in our internship program is a valuable learning opportunity and does not guarantee future employment.

Applicants must be eligible to work in the U.S and the role is not available for sponsorship. 

If you need special accommodation during your interview process, please notify your Talent Acquisition Consultant.

Please submit applications by Monday, October 19.

We are proud to be an equal opportunity employer

Full Time / Part Time

Full time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Internship Family Group

Work Shift

First (United States of America)

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.

Privacy Notice

Federal Reserve Board

About Federal Reserve Board

The Federal Reserve System is the Central Bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.

Today the Federal Reserve's duties fall into four general areas:

Conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices and moderate long-term interest rates.

Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers.

Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets.

Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Washington, DC
Year Founded
1913
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