About the role#
The Federal Reserve Bank of Minneapolis offers a graduate internship program in Data Science focused on the Banking Supervision function. This role introduces students to the Federal Reserve System and provides experience with quantitative issues in the regulatory and financial industries. You will work in a collaborative environment and interact with senior leaders. This is a full-time, paid, 12-week internship running from May 24, 2027, through August 13, 2027.
What you'll do#
- Manage, interpret, and analyze trends in large datasets and methodology documents.
- Handle and summarize macroeconomic and banking data.
- Apply advanced statistical techniques to analyze conditions in the banking sector, industries, or communities.
- Gain familiarity with metrics used to evaluate the health of the banking system.
- Synthesize information to glean insights regarding banking conditions.
- Present technical issues to non-technical audiences, articulating findings in writing and verbally.
- Enhance your knowledge of programming and the software development life cycle.
- Participate in networking and mentorship opportunities with quantitative staff and leadership.
What you'll need#
- Current enrollment in a graduate degree program in a quantitative field such as Computer Science, Data Science, Economics, Finance, Mathematics, Physics, or Statistics.
- A strong academic record in an MS or Ph.D. program.
- Experience with R or Python and knowledge of SQL.
- Ability to work 40 hours per week for the duration of the program.
- Ability to work collaboratively within a team.
- Must meet the Protected Individual requirement regarding access to confidential supervisory information.
- Preferred qualifications include knowledge of R Shiny, R Markdown, GitLab, Finance, Banking, and Data Visualization.
Location & details#
- This position is located in Minneapolis, Minnesota, or Helena, Montana.
- The role requires a regular on-site presence.
- No relocation assistance, housing, or sponsorship is provided for this position.
About Federal Reserve System
The Federal Reserve System acts as the central bank of the United States. It manages national monetary policy, supervises banking institutions, and provides financial services to the government. The organization maintains a presence across the country with multiple regional banks. It employs over 10,000 people to support its economic mission.
How to get in at Federal Reserve System
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