2026 Summer Intern

Operations & Resiliency, Sophomore

Posted on 9/19/2025

The Federal Reserve System

The Federal Reserve System

Compensation Overview

$820/hr

New York, NY, USA

In Person

This position requires full-time onsite work.

Company

Federal Reserve Bank of New York2026 Summer Intern - Operations & Resiliency - Sophomore

When you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system. 

At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to time remains important to achieving our mission. 

Program Description:

The Sophomore Career Exploration Internship provides outstanding undergraduate students with the opportunity to gain valuable work experience with a unique institution. Through project work assignments and professional development activities, sophomore interns are provided with both an introduction to professional life, and an understanding of the work of the New York Fed. 
 

  • A cohort-based learning model with a strong sense of community

  • Real-world experience that helps them build strong skills and knowledge in their area of interest

  • The chance to contribute to meaningful work that makes an impact on the lives of all Americans

  • Opportunities to meet, network with, and work alongside our mission-driven, curious colleagues—all of whom are happy to share their experiences and advice

  • An experienced professional mentor to support them throughout the program

  • Access to learning events with senior leaders from the New York Fed, giving them direct insight into the public service and financial services world

Sophomore interns work in one specific business area or function for ten weeks and have access to opportunities for collaboration with other students and employees from around the Bank. At the end of the program, students leave with strong skills, professional connections, and meaningful experiences that will support them in their long-term careers.

Our Unique Work:

  • The Operations and Resiliency Group operates and oversees payments system processing for the Federal Reserve Bank of New York.  This group includes the Bank’s Cash and Custody, Law Enforcement Unit, and Business Continuity and Resiliency Teams, and serves as the New York Administrative function for the Federal Reserve Financial Services. The group is dedicated to strengthening, supporting, and ensuring the resilience of many of the Bank’s essential on-site operations.

How You’ll Make an Impact as an Operations and Resiliency Intern (Sophomore)

  • Strong Academic Record: Evidence of excellent academic performance.

  • Passion for Data Analysis: A keen interest in analyzing data to drive insights and decisions.

  • High Interest in Business Operations, Banking or Economics: A demonstrated enthusiasm for these areas.

  • Commitment to Public Service: A passion for contributing to the public good through their work.

  • Detail Oriented: Strong interpersonal and written communication skills

  • Technical Proficiency: Demonstrated working knowledge of Microsoft Office Suite (Excel, Word, PowerPoint) and Acrobat

  • Team Player: Ability to work independently as well as in a team environment.

The Unique Skill Sets We’re Looking For:

  • Ability to think on one’s feet, multi-task, plan, organize and implement process improvements

  • Strong problem-solving, analytical and critical thinking skills

  • Excellent written, verbal and influencing communication skills  

  • Highly motivated, driven and results oriented.

To Apply: The application deadline is October 5th, 2025 (11:59 PM EST) *. This is a paid internship. Please note, summer housing is not provided. Expected graduation between Winter 2027 Spring 2028

Other Things to Know:

Salary Range: Your regular wages for the 10 weeks will be paid on a semi-monthly basis and will be calculated based on an annual salary of $65,600.

We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.

Find Out Why We’re an Award-Winning Workplace:

  • Top 3 Most Inspiring Public Sector Workplaces in North America (Inspiring Workplaces, 2024, 2025)

  • Early Talent Award Winner (Handshake, 2024, 2025)

  • Campus Forward Award Winner (Ripple Match, 2023, 2024, 2025)

Our culture is deeply grounded in our Touchstone Behaviors. By working with us, you’ll have the opportunity to develop and demonstrate your ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achieve success, and set clear expectations for leading with impact at every stage of your career. Learn more. 

Apply now if you’re ready to join us in strengthening the U.S. economy together. Want to consider our other opportunities? Click here to see all our open roles.

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules. 

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at [email protected] and we’ll be glad to help. Please note, this email box is designed exclusively to assist job applicants with accommodation requests. All other inquires, including the status of applications, will not receive a response.

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. 

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.

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