Company

Federal Reserve Bank of New York2026 Summer Intern - Executive Office - Strategy and Operating Services - 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 gives undergraduate sophomores the opportunity to gain valuable work experience at a unique institution. Through dynamic, project-based work assignments and professional development activities, students get:

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 Executive Office’s Strategy and Operating Services (SOS) team at the Federal Reserve Bank of New York NY is responsible for working with senior leadership to develop the strategic priorities for the organization, communicate the strategic priorities to key stakeholders, while driving strategic and operating management transparency to support the successful execution of the Bank’s strategic plan.

How You’ll Make an impact as an Executive Office Intern (Sophomore):

Collaborate with the SOS team in activities and deliverables that support the implementation of Bank Strategic Priorities.

Engage in strategic planning activities such as research, content development, and/or key management reporting that includes aggregation and synthesis of information stemming from multiple sources.

Support various special projects, as needed, providing learning and development exposure to Bank wide process, products, and staff.

The Unique Skill Sets We’re Looking For:

Strong analytical skills, with ability to gather and analyze information, enrich a topic, prove/disprove a hypothesis, and create a narrative.

Strong collaboration skills and customer-service mindset with an ability to scope a business problem and develop creative viable options for solving it.

Experience in delivering successful outcomes on projects with multiple stakeholders and divergent interests.

To Apply: The application deadline is October 5th, 2024 (11:59 PM EST) *. This is a paid internship. Please note, summer housing is not provided. Expected graduation between Winter 2026 Spring 2027

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. 

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)

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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2026 Summer Intern

Executive Office, Strategy and Operating Services, Sophomore

The Federal Reserve System

Compensation Overview