Payment System Intern - Federal Reserve Bank (FRB)

Company

As an employee of the Atlanta Fed, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.

Federal Reserve Bank of Atlanta Research Department is now hiring for our Fall 2024 Internship Program. This is an onsite/ hybrid (Preferred) or remote position eligible; candidate must be available to work 15 hours a week during the following days/times: Monday-Friday 8AM-5PM EST. The position will start August 2024 through December 2024*. *date subject to change

The Research Division focuses on every aspect of the economy, from the local to the international level. At the Atlanta Fed, studies range from analyzing rural banking markets in the Southeast to designing and testing economic forecasting models used in policy making.

SCOPE OF ASSIGNMENT

Payments Forum- Selected students will contribute to the development of a comprehensive recruitment plan focused on depository and financial institutions, major card networks, payments processors, and card issuers as part of the Federal Reserve Payments Study administered by the Atlanta Fed’s Payments Forum in partnership with the Board of Governors of the Federal Reserve System.

The Federal Reserve Payments Study, which began in 2001, filled a significant gap in quantitative information on U.S. noncash payments by providing a reliable and transparent non-mandatory approach to surveying payment institutions, constructing U.S. domestic total estimates from the survey data, and publishing them.  The strategic direction includes a focus on meeting the evolving needs of payment system users for end-to-end payment speed, efficiency, and security, while remaining true to a longstanding mission to foster the integrity, efficiency, and accessibility of the U.S. payment system.

QUALIFICATIONS

• Currently enrolled as an undergraduate or graduate student, preferably in economics or finance.
• Excellent verbal and written communication skills.
• Creative thinking and problem-solving skills.
• Organizational skills, attention to detail, and ability to meet deadlines.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments).

Federal Reserve Bank of Atlanta is an equal opportunity employer.

Full Time / Part Time

Regular / Temporary

Job Exempt (Yes / No)

Job Category

Work Shift

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.

Privacy Notice