Washington, DC, USA
3 days ago
Cloud Engineer I – Division of Information Technology

About the Role

The graduate-level Intern will operate as a project coordinator and support the Division of Consumer and Community Affairs’ Front Office (FO) in advancing the Division’s mission to promote a fair and transparent financial services marketplace for all consumers. The FO is central to aligning the Division’s work activities to its strategic goals and supporting a high performing workforce. It establishes and implements effective procedures and protocols and facilitates timely completion of key work activities by monitoring and reporting progress on achieving success measures and completing high quality deliverables.

The Intern will be under the supervision of the Deputy Director. They willperform various administrative tasks to help communicate, manage, and plan how to prioritize work activities and keep them onschedule.The Intern may also support the collection, analysis, and reporting of risk and risk mitigation opportunities for various work activities, as well as other related tasks as assigned. They must follow data quality best practices and are expected to present their work to various audiences in the Division.

Requirements

Suggested Major/Education: Must be a graduate student pursuing a graduate degree in an business management, finance, accounting, computer science, or other relevant fields graduating in December 2025 or later

Requires knowledge of fundamental project management principles, concepts, and techniques Musthaveexcellent communication and interpersonal skills to develop and maintain good business relationships;strongorganizationalandtime managementskills;keen ability to prioritize work based on strategic plans and protocols; high attention to detail;able to work effectively with a team and as an individual based on business needs.Demonstrates strong analytical and problem-solving abilities. Possessessolid working knowledge of Microsoft Office products including Outlook, Word, Excel, PowerPoint, and Teams; experience with Microsoft Project or similar project management tools is a plus.Applicants should provide a cover letter, resume, an unofficial transcript from their current institution(s) reflecting relevant coursework and may include contact information for one or two professional references.

Anticipated Work Hours: During the summer, 40 hours per week; during the school semester, 15-30 hours per week

Anticipated Work Environment: This internship will be a hybrid role, with a combination of in-person and remote work.

US Citizenship is required for all Board internships and applicants must be current students

High School or equivalent experience required. Must have at least three years experience working in Supply and Warehouse Operations. Works indoors and outdoors to load and unload cargo, including heavy items, under all weather conditions. Work will also be performed in a warehouse environment with industrial lighting, concrete flooring and temperatures that may be below and above those normally found in a standard office. Potential exists to work around hazardous materials. Must be able to operate warehouse, e.g., forklifts, power jacks, trucks, computer terminal used for inventory system. Must be able to operate automated inventory system. Must have a valid driver’s license from a local jurisdiction and meet all other applicable requirements for driving or operating the vehicles described herein. Must possess applicable certification(s) and training to operate standard warehouse equipment (e.g., forklift, cherry picker, pallet jack, etc.). A demonstrated commitment to a strong customer service philosophy is required.

Physical Demand/Work Environment: Must be able to lift heavy objects weighing up to 50 pounds from and onto shelving, as well as loading and unloading warehouse vehicles. Position requires continuous standing, sitting, bending, stooping, kneeling, stretching, climbing, and reaching over and under equipment, cargo and supplies in confined spaces. Must be able to safely work at heights up to 20 feet. Will be required on a regular basis to lift, push, pull and operate a variety of heavy duty equipment, e.g. forklift weighing up to 5,000 lbs., pallet jack weighing up to 4,500 lbs., cherry picker weighing up to 3,000 lbs., and shrink wrap machine. Required to operate vehicles, including cargo vans and trucks weighing up to 26,000 lbs. at full capacity, in all kinds of weather and traffic. Will be required to complete all mandatory instruction in injury prevention, ergonomics and OSHA training for the position. Must meet the Board’s standards for employment, including suitability requirements.

Contacts are with all levels of Board Staff and outside vendors. Works collaboratively with Supervisor, peers and Facilities Services Manager and staff.

The incumbent of this position has been designated as essential personnel, and as such will be expected to report to work or work extra time even if the Board is officially closed during emergency situations, such as inclement weather. Non-exempt employees are eligible for overtime pay in accordance with the Board’s policy and legal requirements. An onsite presence is required in Washington DC and Upper Marlboro, MD.

Skills:

· Hands-on experience with adopting Agile and product management, preferably at scale and with relevant certifications.

· Ability to apply systems thinking and perform product planning; ability to transformation abstract problems into roadmaps or plans; demonstrated experience in strategic planning, strategy execution, or project management.

Experience with implementing a Digital Transformation, ideally within the U.S. Government.Relevant Agile certifications and coursework, such as Certified Scrum Master, Certified Product Owner, and/or Scaled Agile Framework certifications, such as Release Train Engineer.Change Management certification(s) from Prosci or equivalent industry leaders.Product Management certification(s).Experience identifying and mapping value streams, value stream optimization, and automation of flow metrics.Knowledge of and experience implementing US Government Technology mandates, such as NIST, FISMA, or cybersecurity requirements.

· Experience with drafting and complying with governance to support technology implementation and maintenance.

Principal Duties and Responsibilities

Conducts legal research (e.g., statutes, regulations, case law, policies).Writes memoranda, correspondence, case law briefs, and legislative summaries.Attends and participates in client meetings.

Requirements for Summer Law Clerk

Applicant must be a current 1L.Applicants should have an enthusiasm for seeking out opportunities to learn new legal skills; excellent oral communication, research, writing skills, and initiative to see projects to completion while multi-tasking in a hybrid workplace environment.

Required Documents for Application

To apply, submit a resume, writing sample, and a cover letter that indicates why you wish to work for the OIG. Transcripts will be required when grades become available.

Location

This internship is expected to be completed in a hybrid environment with some in-office presence required. The internship includes participation in various Board and OIG community events. In-person presence at these events is strongly recommended.

US Citizenship is required for all Board internships and applicants must be current law students, graduating from their program fall 2025 or later.

Introduction to the OIG: https://oig.federalreserve.gov/introduction.htm

Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm

Overview

The United States will assume the G20 presidency in 2026 and the G7 presidency in 2027. The G7 and the G20 Finance Tracks are among the primary international forums to bring central bank and treasury officials together across the world’s largest economies to discuss pressing economic challenges, address financial stability crises and risks, and coordinate on cross-cutting and persistent policy issues. The Board, jointly with the U.S. Treasury, will have responsibility for the Finance Track, which focuses on a variety of economic and financial topics relevant to central banks, such as global economic performance, monetary policy, payments issues, financial market functioning, financial sector issues, and financial inclusion and sustainability.

About the Team

The International Engagement and Strategy (IES) section is dedicated to bolstering the Board’s visibility, engagement, and recognition of its economic and financial expertise in global topics. This includes developing and strengthening contacts and managing relationships with staff at other central banks, foreign finance ministries, and other official sector contacts and serving on and supporting various working groups of these international organizations. The section develops and executes the strategy for the Board’s international engagement and conducts research and analysis related to emerging and recurring international issues, helping to shape the Board’s point of view. The section conducts outreach and prepares analysis and materials in support of Board participation in international forums and organizations, including the Bank for International Settlements (BIS), Group of 20 (G20), Group of 7 (G7), International Monetary Fund (IMF), Organization for Economic Cooperation and Development (OECD), other similar forums (i.e., CEMLA, Bellagio), and with other central banks and government entities.

Requirements/Qualifications

To qualify at the below grade levels, candidates must hold a degree in economics, finance, business administration, international policy/affairs, or related discipline, and have the accompanying minimum years of relevant work experience (for example, Federal Reserve System or other policy institutions), and those exclude time spent in post-graduate study.

Bachelor’s

Master’s

FR-27

6

4

FR-28

8

6

A strong sense of collegiality and teamwork is essential, as is a commitment to fostering an inclusive and diverse workplace. Prior experience with coordination and outreach with international meetings, international organizations, and central banks and other official sector institutions is strongly desired. Experience with U.S. interagency process related to international economic issues also a plus.

Collaboration: demonstrated ability to collaborate with and influence individuals with differing priorities and interests.Communication: Strong oral and written communication skills. Formal writing experience preferred.Decision Quality: Makes timely, thoughtful decisions. Exercises excellent judgment, carefully gathers information, seeks diverse opinions, and challenges own biases, listens attentively and critically, exhibits clear thinking.Organizational Skills: Set priorities and achievable goals, develops systems to manage competing demands, manages time well, attention to detail, communicates expectations clearly.Relationship Building: Builds collaborative relationships that establish trust and confidence with others across all levels internal and external to the organization.Project Management: Routinely participates in and leads projects or assignments with staff at all levels at the Board and Reserve Banks as well as other external institutions to gather information, pose questions, and provide interpretation of regulations, policies, and procedures.Problem Solving: Workswith limited guidance and high degree of professional independence, technical authority, initiative, reliability, and maturity of judgment.Analysis: Analyzes a wide variety of complex issues and finds solutions for problems; demonstrates expertise in technical knowledge and analytical ability to interpret and solve technically complex problems.Teamwork: Ability to work well in group settings and to represent the Board interests at various working groups and committees of international organizations.Team Lead: Coordinates or leads the work of staff in own and other divisions for projects, may advise and train staff in own and other divisions regarding their roles in these projects. May oversee assignments and workflow of lower graded staff.

This is a two-year term (benefits-eligible) position with the possibility of extension for a third year. The position, located in Washington, D.C., offers a hybrid work environment with opportunities to both telework and work onsite. Travel frequency up to 25%, depending on business needs. U.S. Citizenship required.

Please attach a CV before submitting application. A writing sample may be requested.

Overview

The United States will assume the G20 presidency in 2026 and the G7 presidency in 2027. The G7 and the G20 Finance Tracks are among the primary international forums to bring central bank and treasury officials together across the world’s largest economies to discuss pressing economic challenges, address financial stability crises and risks, and coordinate on cross-cutting and persistent policy issues. The Board, jointly with the U.S. Treasury, will have responsibility for the Finance Track, which focuses on a variety of economic and financial topics relevant to central banks, such as global economic performance, monetary policy, payments issues, financial market functioning, financial sector issues, and financial inclusion and sustainability.

Section Description

The International Engagement and Strategy (IES) section is dedicated to bolstering the Board’s visibility, engagement, and recognition of its economic and financial expertise in global topics. This includes developing and strengthening contacts and managing relationships with staff at other central banks, foreign finance ministries, and other official sector contacts and serving on and supporting various working groups of these international organizations. The section develops and executes the strategy for the Board’s international engagement and conducts research and analysis related to emerging and recurring international issues, helping to shape the Board’s point of view. The section conducts outreach and prepares analysis and materials in support of Board participation in international forums and organizations, including the Bank for International Settlements (BIS), Group of 20 (G20), Group of 7 (G7), International Monetary Fund (IMF), Organization for Economic Cooperation and Development (OECD), other similar forums (i.e., CEMLA, Bellagio), and with other central banks and government entities.

Position Summary

The logistics and relationship management Senior LRM Analyst will engage with, and provide support for, Board of Governor participation in the G20 and G7 meetings, and in other international engagements. The LRM Analyst will work closely with other U.S. government agencies, particularly the U.S. Treasury, and will participate in efforts to promote the Board’s visibility, engagement, and influence, in recognition of its economic and financial expertise. The LRM Analyst will lead and provide logistical support for Board Member engagement in international forums and organizations and will manage domestic and international institutional relationships. This will include setting agendas, coordinating bilateral meetings, hosting events and visitors, managing readouts and correspondence, and protecting the reputation of the Board by evaluating the background of foreign contacts.

Duties and Responsibilities

The Senior Logistics and Relationship Management Analyst in IES works independently, as well as with other staff members, and:

Leads and partakes in logistical and strategic support for international bilateral and multilateral engagement, coordinating with colleagues at the Board, in the U.S. government and internationally.Maintains and deepens institutional relationships domestically and internationally, including support for continuity of dialogue across engagements.Builds and maintains contact management databases and repositories for meeting materials.Leads and partakes in planning and hosting of international meetings and visits with foreign officials.Contributes to the coordination of public communique negotiations.Manages correspondence and queries from a range of international counterparts.Protects the reputation of the Board, working, in conjunction with other Board staff, to execute enterprise due diligence procedures for evaluating the authenticity and appropriateness of international interactions, including conducting research on the background of contactsIndependently anticipates issues and problem solves, and assists in planning and organizing the section’s work.Contributes to the division’s strategic priorities through supporting international engagement and analysis and research.With limited guidance, supports coverage and analysis of topical economic and financial policy issues.

Requirements/Qualifications

FR-27requires a bachelor’s degree in economics, finance, business administration, international policy/affairs, or related discipline, plus at least 6 years of relevant work experience (for example, Federal Reserve System or other policy institutions), or master’s in economics, finance, business administration, international policy/affairs, or related field, plus at least 4 years of relevant work experience (excluding years spent in post-graduate study).

A strong sense of collegiality and teamwork is essential, as is a commitment to fostering an inclusive and diverse workplace. Prior experience with executing logistics to support high-level meetings. Coordination and outreach related to international meetings, international organizations, and central banks and other official sector institutions is strongly desired.

· Collaboration: demonstrated ability to collaborate with and influence individuals with differing priorities and interests.

· Communication: Strong oral and written communication skills. Formal writing experience preferred.

· Decision Quality: Makes timely, thoughtful decisions. Exercises excellent judgment, carefully gathers information, seeks diverse opinions, and challenges own biases, listens attentively and critically, exhibits clear thinking.

· Organizational Skills: Set priorities and achievable goals, develops systems to manage competing demands, manages time well, attention to detail, communicates expectations clearly.

· Relationship Building: Has good diplomatic skills and guilds collaborative relationships that establish trust and confidence with others across all levels internal and external to the organization.

· Project Management: Demonstrated ability to manage and lead large and complex processes and projects.

· Problem Solving: Works with limited guidance and high degree of professional independence, technical authority, initiative, reliability, and maturity of judgment.

· Analysis: Analyzes a wide variety of complex issues and finds solutions for problems; demonstrates expertise in technical knowledge and analytical ability to interpret and solve technically complex problems.

· Teamwork: Ability to work well in group settings and to represent the Board interests at various working groups and committees of international organizations.

· Team Lead: Coordinates or leads the work of staff in own and other divisions for projects, may advise and train staff in own and other divisions regarding their roles in these projects. May oversee assignments and workflow of lower graded staff.

Important:This is a two-year term (benefits-eligible) position with a possibility for extension to a third year. The position, located in Washington, D.C., offers a hybrid work environment with opportunities to both telework and work onsite. Travel frequency up to 25%, depending on business needs. U.S. Citizenship is required.

Please attach a CV before submitting application. A writing sample may be requested.

A bachelor’s degree in accounting, finance, public policy, business administration or another related field and a minimum of 5 years of related experience or a master’s degree in a related field and 4 years of related experience.

The Oversight Project and Portfolio Management section focuses on strengthening the division’s overall processes for oversight through business process improvement, fostering and sharing best practices for program and project management, and supporting the division’s Oversight Steering Committee that is charged with shaping the division’s broad oversight strategy. The section continues to develop and evolve the division’s oversight program to provide a holistic view of Reserve Bank operations appropriately focused on the most important current and emerging risks. Staff engage with other functions and advance stakeholder relationship management practices to identify emerging trends and risks, and create best practices for oversight. Staff continue to refine and implement division-wide oversight planning processes that provide a comprehensive multi-year view of oversight activities and demonstrates that key risks are identified and prioritized. Staff develop resources to build division competencies and capabilities in product, program, and project management and develop methodologies and frameworks to support the division’s oversight of large-scale programs.

This position will lead the review portion of the oversight program, which includes periodic, targeted, and monitoring and ongoing oversight reviews of the Federal Reserve System. This position will perform high-level analysis, coordinate the portfolio of activities to ensure consistent practices from review-to-review, and ensure analysis is incorporated into other oversight activities such as the bank evaluation process. This role will heavily engage with other oversight analysts and leadership and must possess strong stakeholder relationship management capabilities. Candidates should have the ability to synthesize and analyze qualitative information and to create visual graphics to quickly portray complex information. Candidates should have the project and program management capabilities and the desire to continue to develop and evolve these skills to meet evolving business practices and technologies. Candidates should possess project, program, product, and portfolio management capabilities to deepen the division’s subject matter expertise and provide for the foundation to manage the oversight of complex, large-scale initiatives. This position provides strategic business partner support across the division and the ability to understand various business functions and how they fit into and align with the broader portfolio of oversight activities is essential, candidates should possess the ability to work collaboratively, anticipate needs, influence outcomes, and learn complex topics and be able to apply the learnings to various situations.

Remarks:

Required or preferred qualifications, experience, or skills:

• Strong attention to detail
• Strong critical thinking and analytical skills
• Strong oral and written communication skills
• Ability to work collaboratively
• Ability to establish strong relationships/engagements and stakeholder relationship management skills
• Strong organizational and executive functioning skills
• Ability to work with ambiguous and subjective data, make sound decisions using strong analysis and good judgment, is able to learn, change, and grow
• Proficiency in Microsoft Word, Microsoft PowerBI, Excel, PowerPoint and SharePoint
• Program, product, project, and portfolio management certifications are preferred

A writing/analytical exercise may be requested.

This position is located in Washington, D.C. and will require on-site presence for a minimum of six days per month.

Knowledge/Skill Requirements:
Requires advanced organizational and interpersonal skills, thorough and accurate attention to details, tact, diplomacy, and technical proficiency. Knowledge level is typically achieved through the completion of a bachelor’s degree or acquired through a combination of work-related experience and training. Five years of specialized experience with increasing levels of responsibility are also required. General knowledge of Board and System functions, proven experience in conference and event planning (especially large, complex events), and experience with event planning-related systems and applications for event logistics, schematics, and conferencing are highly desirable.

The position is located in Washington, DC with and on-site requirement of a minimum of three days per week (Tues-Thurs and Mon Fri subject to business need). Flexibility is a must due to unusual work hours and ad hoc requests common to the event planning aspects of the role.

Requirements FR-27

Successful candidate will have at least four years of work experience as a practicing attorney in private practice or government agency and general knowledge in the regulation of financial institutions or in the regulation of securities, derivatives, insurance or commodities. Prior experience in developing and drafting regulations applicable to banking organizations or other financial institutions also is valuable. Corporate transactional experience is helpful. Successful candidate will demonstrate excellent oral and written communication skills, strong analytic and interpersonal skills (including the ability to interact effectively with management and staff at all levels of the organization), personal initiative, and adaptability in working across legal disciplines. Must also possess excellent attention to detail and strong organizational skills (including ability to handle multiple assignments and organize projects and see through their successful completion with minimal supervision). Bar membership and U.S. citizenship required.

Requirements FR-28

Successful candidate will have at least six years of work experience as a practicing attorney in private practice or government agency and general knowledge in the regulation of financial institutions or in the regulation of securities, derivatives, insurance or commodities. Prior experience in developing and drafting regulations applicable to banking organizations or other financial institutions also is valuable. Corporate transactional experience is helpful. Successful candidate will demonstrate excellent oral and written communication skills, strong analytic and interpersonal skills (including the ability to interact effectively with management and staff at all levels of the organization), personal initiative, and adaptability in working across legal disciplines. Must also possess excellent attention to detail and strong organizational skills (including ability to handle multiple assignments and organize projects and see through their successful completion with minimal supervision). Bar membership and U.S. citizenship required.

In addition, for both FR-27 and FR-28:

· A writing sample may be required at the time of application submission.

· Successful completion of background check required.

About the Job:

Handles assignments in the Banking Regulation and Policy Group of the Board’s Legal Division. The Banking Regulation and Policy Group is responsible for legal and policy issues regarding the regulation and supervision of Federal Reserve-supervised firms and also issues regarding financial stability more generally.

Drafts memoranda to the Board, staff opinion letters, legislative and regulatory proposals, and similar documents. Furnishes legal opinions and advice and responds to System and public inquiries concerning Federal statutes, interpretations, and opinions concerning the supervision and regulation of financial institutions, regulatory responsibilities of the Board, Reserve Bank matters, and related issues. Makes oral presentations at meetings with Board members. Performs more difficult assignments at this level, receives general supervision and direction from more experienced attorneys, and works with senior staff to prepare Board presentations and draft regulatory proposals.

In addition, attorneys review and analyze complex bank merger and consolidation transactions, proposals by bank holding companies to engage in novel nonbanking activities, requests for interpretation of various Federal banking laws, proposed amendments to the Federal banking laws and regulations, and other matters within the scope of the Federal Reserve's authority.

This is a hybrid position located in Washington, D.C. with a weekly Wednesday on-site requirement and as business needs require.

Bachelor’s or master’s degree in economics, statistics, math, or a related field with demonstrated economics coursework, graduating May 2025 or earlier.Knowledge of economic principles, quantitative techniques, and data analysis.Statistical software package or programming language experience, such as Stata, R, MatLab, Linux/Unix, VBA, and others.Demonstrated strong communication skills, initiative, integrity, and experience working both independently and collaboratively.

Application Instructions/FAQs

U.S. Citizenship is required for this position.While this role is ideal for recent graduates, we welcome candidates with post-graduate work experience to apply as well.Note the application instructions, required materials, and relevant deadlines outlined on our RA Careers Page. You will also find answers to several FAQs.

Overview

The United States will assume the G20 presidency in 2026 and the G7 presidency in 2027. The G7 and the G20 Finance Tracks are among the primary international forums to bring central bank and treasury officials together across the world’s largest economies to discuss pressing economic challenges, address financial stability crises and risks, and coordinate on cross-cutting and persistent policy issues. The Board, jointly with the U.S. Treasury, will have responsibility for the Finance Track, which focuses on a variety of economic and financial topics relevant to central banks, such as global economic performance, monetary policy, payments issues, financial market functioning, financial sector issues, and financial inclusion and sustainability.

About the Team

The International Engagement and Strategy (IES) section is dedicated to bolstering the Board’s visibility, engagement, and recognition of its economic and financial expertise in global topics. This includes developing and strengthening contacts and managing relationships with staff at other central banks, foreign finance ministries, and other official sector contacts and serving on and supporting various working groups of these international organizations. The section develops and executes the strategy for the Board’s international engagement and conducts research and analysis related to emerging and recurring international issues, helping to shape the Board’s point of view. The section conducts outreach and prepares analysis and materials in support of Board participation in international forums and organizations, including the Bank for International Settlements (BIS), Group of 20 (G20), Group of 7 (G7), International Monetary Fund (IMF), Organization for Economic Cooperation and Development (OECD), other similar forums (i.e., CEMLA, Bellagio), and with other central banks and government entities.

Qualifications

To qualify at the below grade levels, candidates must hold a degree in economics, finance, business administration, international policy/affairs, or related discipline, and have the accompanying minimum years of relevant experience (for example, Federal Reserve System or other policy institutions), and those years exclude time spent in post-graduate study.

Bachelor’s

Master’s

FR-24

3

1

FR-25

4

2

FR-26

5

3

A strong sense of collegiality and teamwork is essential, as is a commitment to fostering an inclusive and diverse workplace. Prior experience with executing logistics to support high-level meetings. Coordination and outreach related to international meetings, international organizations, and central banks and other official sector institutions is strongly desired.

Collaboration: demonstrated ability to collaborate with and influence individuals with differing priorities and interests.Communication: Strong oral and written communication skills. Formal writing experience preferred.Decision Quality: Makes timely, thoughtful decisions. Exercises excellent judgment, carefully gathers information, seeks diverse opinions, and challenges own biases, listens attentively and critically, exhibits clear thinking.Organizational Skills: Set priorities and achievable goals, develops systems to manage competing demands, manages time well, attention to detail, communicates expectations clearly.Relationship Building: Has good diplomatic skills and builds collaborative relationships that establish trust and confidence with others across all levels internal and external to the organization.Project Management: Demonstrated ability to manage large and complex processes and projects.Problem Solving: Works with moderate guidance and high degree of professional independence, technical authority, initiative, reliability, and maturity of judgment.Analysis: Analyzes a wide variety of complex issues and finds solutions for problems; demonstrates advanced proficiency in technical knowledge and analytical ability to interpret and solve technically complex problems.Teamwork: Ability to work well in group settings and to represent the Board interests at various working groups and committees of international organizations.

Important:This is a two-year term (benefits-eligible) position with a possibility for extension to a third year. The position, located in Washington, D.C., offers a hybrid work environment with opportunities to both telework and work onsite. Travel frequency up to 25%, depending on business needs. U.S. Citizenship is required.

Please attach a CV before submitting application. A writing sample may be requested.

We plan to fill multiple positions under this job posting.

Requirements for FR-25

Requires a law degree and bar membership as well as demonstrated analytical ability and strong oral and written communications skills.

Admission to a recognized bar must be obtained within 14 months after appointment.

About the Job

The Monetary Affairs and Payment Systems group of the Board’s Legal Division is hiring an entry level Attorney. Applicants are currently a 3L (graduating class of 2025). Applicant must be able to start no later than Fall 2025.

Attorneys in the MAPS group perform legal research in support of more experienced attorneys. Projects include legal analyses, rulemakings, and other matters related to:

· Payment systems (including payment cards, wire, check, instant payments, and ACH).

· Financial market utilities.

· Federal Reserve Bank operations.

· New financial technologies.

Successful candidate must demonstrate excellent oral and written communication skills, strong analytic and interpersonal skills, personal initiative, and adaptability in working across legal disciplines. In addition:

· Admission to a recognized bar must be obtained within 14 months after appointment.

· U.S. citizenship required.

· Resume, transcript and writing sample required at the time of application submission.

· Successful completion of background check required.

Requirements for FR-25
Requires a law degree and bar membership as well as demonstrated analytical ability and strong oral and written communications skills.
Admission to a recognized bar must be obtained within 14 months after appointment. Title of Legal Assistant will be used until notification of bar admission.

Requirements for FR-26
Successful candidate will have at least one year of experience as a practicing attorney in private practice or government agency with developing skills and expertise in banking law or other areas of law related to the Board’s responsibilities and general knowledge of financial institution supervision and regulation. Active bar membership required.

Requirements FR-27
Successful candidate will have at least two years of work experience as a practicing attorney in private practice or government agency and general knowledge in the regulation of financial institutions or in the regulation of securities, derivatives, insurance or commodities. Prior experience in developing and drafting regulations applicable to banking organizations or other financial institutions also is valuable. Corporate transactional experience is helpful. Active bar membership required.

Remarks:
At all FR-levels, successful candidate will demonstrate excellent oral and written communication skills, strong analytic and interpersonal skills (including the ability to interact effectively with management and staff at all levels of the organization), personal initiative, and adaptability in working across legal disciplines. Must also possess excellent attention to detail and strong organizational skills (including ability to handle multiple assignments and organize projects and see through their successful completion with minimal supervision). In addition:
• U.S. citizenship required.
• A writing sample may be required at the time of application submission.
• Successful completion of background check required.

About the Job:

Handles assignments in the Banking Regulation and Policy Group of the Board’s Legal Division.The Banking Regulation and Policy Group is responsible for legal and policy issues regarding the regulation and supervision of Federal Reserve-supervised firms and also issues regarding financial stability more generally.

Drafts memoranda to the Board, staff opinion letters, legislative and regulatory proposals, and similar documents.Furnishes legal opinions and advice and responds to System and public inquiries concerning Federal statutes, interpretations, and opinions concerning the supervision and regulation of financial institutions, regulatory responsibilities of the Board, Reserve Bank matters, and related issues.Makes oral presentations at meetings with Board members.Receives general supervision and direction from more experienced attorneys and works with senior staff to prepare Board presentations and draft regulatory proposals.

In addition, attorneys review and analyze complex bank merger and consolidation transactions, proposals by bank holding companies to engage in novel nonbanking activities, requests for interpretation of various Federal banking laws, proposed amendments to the Federal banking laws and regulations, and other matters within the scope of the Federal Reserve's authority.

This is a hybrid position located in Washington, D.C. with a weekly Wednesday on-site requirement and as business needs require.

Position Description:

The External Engagement (EXE) section in the Division of Financial Stability (FS) is looking for a Financial Institution and Policy Analyst (FIPA) on a two-year term. This role is an opportunity to support the division’s international engagement and policy work during a period when the U.S. prepares to host the G20 and will be engaged in the IMF Financial Stability Assessment Program. With staff from several divisions of the Federal Reserve Board (Board), the FIPA will also coordinate the Board’s involvement in Financial Stability Board (FSB) work across a range of issues. The FIPA will also coordinate bilateral and trilateral engagements with other U.S. agencies and foreign central banks. The ability to perform highly technical operations in the area of financial analysis is not required for this position.

The successful candidate will work collaboratively with staff focused on domestic financial stability issues, with other divisions supporting the Board’s international engagement, and with staff from other U.S. agencies and foreign institutions. The successful candidate will take initiative to improve processes and build productive relationships.

Essential Duties:

Leads efforts to support principals and senior staff in their engagements in international fora, including by briefing, drafting support materials, and developing policy recommendations, where appropriate.Serves as project manager on inter-divisional initiatives to support principals’ international engagement. Manages a committee- and issue-specific portfolio, tracks developments, and understands their strategic implications. Should be able to synthesize existing work on a topic, identify gaps, and where appropriate, recommend next steps.Builds and maintains relationships with counterparts in other divisions at the Board, other U.S. agencies, and other member jurisdictions.Provides creative solutions to improve efficiency of EXE processes and the group’s effectiveness in meeting its objectives.

Required experience and competencies:

A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 3 years of related experience, or a master’s degree in a related field and 2 years of related experience.Ability to communicate clearly, concisely, and confidently in verbal and written form to a variety of audiences.Strong collaboration skills, with a high degree of tact and diplomacy.Flexibility in the face of quickly shifting priorities, agility to become proficient in a range of familiar and unfamiliar subject matter quickly.Demonstrated interest in international banking or financial stability issues.Ability to apply an understanding of how financial markets and institutions are impacted by changes in regulations and policy and vise-versa.Excellent project management, time management and organizational skills to manage multiple and often conflicting priorities effectively, while demonstrating attention to detail.Personal commitment and drive to set and then meet or exceed high standards and objectives. Ability to handle confidential information and data.

About the EXE Section: The EXE section is a team of three permanent staff (including the manager) and one or two Federal Reserve staff on rotation at any given time. The section is responsible for supporting the Division’s engagement with U.S. financial stability issues in international fora. This includes understanding and, where appropriate, contributing to the domestic financial stability assessment, and communicating key messages within and outside the Board. Section members work closely together and regularly collaborate with colleagues in other divisions and other U.S. agencies.

Please Note:

This position is located in Washington, D.C. Our flexible hybrid work environment requires employees to be physically present in the office a minimum of 2 days per week.Please attach a CV and cover letter before submitting application. A writing sample may be requested.If you apply as a full-time staff member in a permanent position, you are subject to the same limited term timeframe outlined above and will not be able to maintain your permanent status.

Overview

The United States will assume the G20 presidency in 2026 and the G7 presidency in 2027. The G7 and the G20 Finance Tracks are among the primary international forums to bring central bank and treasury officials together across the world’s largest economies to discuss pressing economic challenges, address financial stability crises and risks, and coordinate on cross-cutting and persistent policy issues. The Board, jointly with the U.S. Treasury, will have responsibility for the Finance Track, which focuses on a variety of economic and financial topics relevant to central banks, such as global economic performance, monetary policy, payments issues, financial market functioning, financial sector issues, and financial inclusion and sustainability.

About the Team

The International Engagement and Strategy (IES) section is dedicated to bolstering the Board’s visibility, engagement, and recognition of its economic and financial expertise in global topics. This includes developing and strengthening contacts and managing relationships with staff at other central banks, foreign finance ministries, and other official sector contacts and serving on and supporting various working groups of these international organizations. The section develops and executes the strategy for the Board’s international engagement and conducts research and analysis related to emerging and recurring international issues, helping to shape the Board’s point of view. The section conducts outreach and prepares analysis and materials in support of Board participation in international forums and organizations, including the Bank for International Settlements (BIS), Group of 20 (G20), Group of 7 (G7), International Monetary Fund (IMF), Organization for Economic Cooperation and Development (OECD), other similar forums (i.e., CEMLA, Bellagio), and with other central banks and government entities.

Qualifications

Requires a bachelor’s degree and a minimum of 8 years of related experience, or a master’s degree and a minimum of 6 years of related experience. Requires demonstrated skills in leadership, process management, organization, communications, interpersonal savvy, and ability to motivate and direct others, promote diversity, and building effective teams.

Prior experience with executing logistics to support high-level meetings. Development of policy, coordination and outreach related to international meetings, international organizations, and central banks and other official sector institutions is strongly desired.

Collaboration: demonstrated ability to collaborate with and influence individuals with differing priorities and interests.Communication: Strong oral and written communication skills. Formal writing experience preferred.Decision Quality: Makes timely, thoughtful decisions. Exercises excellent judgment, carefully gathers information, seeks diverse opinions, and challenges own biases, listens attentively and critically, exhibits clear thinking.Organizational Skills: Set priorities and achievable goals, develops systems to manage competing demands, manages time well, attention to detail, communicates expectations clearly.Relationship Building: Has good diplomatic skills and guilds collaborative relationships that establish trust and confidence with others across all levels internal and external to the organization.Project Management: Demonstrated ability to manage and lead large and complex processes and projects.Problem Solving: Works with limited guidance and high degree of professional independence, technical authority, initiative, reliability, and maturity of judgment.Analysis: Analyzes a wide variety of complex issues and finds solutions for problems; demonstrates expertise in technical knowledge and analytical ability to interpret and solve technically complex problems.Teamwork: Ability to work well in group settings and to represent the Board interests at various working groups and committees of international organizations.

This is a two-year term (benefits-eligible) position with the possibility of extension for a third year. The position, located in Washington, D.C., offers a hybrid work environment with opportunities to both telework and work onsite. Travel frequency up to 25%, depending on business needs. U.S. Citizenship required.

Please attach a CV before submitting application. A writing sample may be requested.

About the Program

We offer paid, in-residence fellowships for graduate Ph.D. students to conduct research at the Board in Washington, DC. While at the Board, fellows work on a topic of their own choosing, usually furthering dissertation research begun before the fellowship, and give 1-2 seminars on their work. Fellows are also encouraged to participate in our extensive seminar series, collaborate with Board economists, and to learn more about preparing for the job market.

Fellows are at the Board for 12 weeks and placements are in the Divisions of International Finance, Monetary Affairs, Research and Statistics, or Financial Stability. The fellowship is offered during summer 2025, with start dates in May and June.The fellowship is an in-residence program hosted at our Washington, D.C. offices. The Board offers a flexible work environment, requiring a combination of telework and in-office presence.

Please note we find that fourth- and fifth-year students gain the most from this type of fellowship. Occasionally, a third-year student is far enough along on their dissertation to gain the benefit of the program.

To Apply

Applicants must be a current PhD student, graduating fall 2025 or later.

Attach the following toyour profile and submit your application by February 1.

vitawork from the thesisgraduate transcript (unofficial is okay)two (2) letters of reference

1. Attach to your profile if you have a copy [OR]

2. If your recommender would like their letter to remain confidential, they can send it to dissertationfellows@frb.gov

Citizenship is not required; however, candidates must be legally authorized to work in the United States (i.e. CPT/OPT sponsorship) and citizenship may be a consideration.

Find more information about the program on our FAQs page.

The Federal Reserve Board is committed to attracting, developing, and retaining a talented and diverse workforce. As such, we encourage submissions from groups traditionally less represented in economics and finance and from a wide range of Ph.D. programs. We recognize the benefit derived from different perspectives and look to foster this when reviewing candidates.

Overview

The United States will assume the G20 presidency in 2026 and the G7 presidency in 2027. The G7 and the G20 Finance Tracks are among the primary international forums to bring central bank and treasury officials together across the world’s largest economies to discuss pressing economic challenges, address financial stability crises and risks, and coordinate on cross-cutting and persistent policy issues. The Board, jointly with the U.S. Treasury, will have responsibility for the Finance Track, which focuses on a variety of economic and financial topics relevant to central banks, such as global economic performance, monetary policy, payments issues, financial market functioning, financial sector issues, and financial inclusion and sustainability.

About the Team

The International Engagement and Strategy (IES) section is dedicated to bolstering the Board’s visibility, engagement, and recognition of its economic and financial expertise in global topics. This includes developing and strengthening contacts and managing relationships with staff at other central banks, foreign finance ministries, and other official sector contacts and serving on and supporting various working groups of these international organizations. The section develops and executes the strategy for the Board’s international engagement and conducts research and analysis related to emerging and recurring international issues, helping to shape the Board’s point of view. The section conducts outreach and prepares analysis and materials in support of Board participation in international forums and organizations, including the Bank for International Settlements (BIS), Group of 20 (G20), Group of 7 (G7), International Monetary Fund (IMF), Organization for Economic Cooperation and Development (OECD), other similar forums (i.e., CEMLA, Bellagio), and with other central banks and government entities.

Duties and Responsibilities

The Policy Analyst in IES works independently with moderate guidance, as well as with other staff members, and:

Conducts analysis and research on emerging and recurring international issues/topics at the forefront of U.S. and international institutions.With moderate guidance, prepares briefing books, background notes, annotated agendas, talking points, and other materials to prepare members of the Board and other Federal Reserve senior leaders for international meetings.Supports the section’s data management and visualization needs.Builds and maintains contact management databases and repositories for meeting materials.Partakes in coordinating, in conjunction with other Board staff, the logistics of international engagement, including organizing attendance of Board member and senior staff at international meetings, scheduling of bilateral meetings, and managing correspondence from foreign counterparts.Contributes to planning and hosting international meetings and visits with foreign officials.Protects the reputation of the Board, working, in conjunction with other Board staff, to execute enterprise due diligence procedures for evaluating the authenticity and appropriateness of international interactions, including conducting research on the background of contactsBuilds new and strengthen existing relationships with other central banks, foreign finance ministries, and other official sector contacts.Contributes to the division’s strategic priorities through research and/or analytical projects.With moderate guidance, conducts in-depth financial analysis of complex issues with creativity, independent judgment, and responsibility; recommends new approaches.

Requirements/Qualifications

To qualify at the below grade levels, candidates must hold a degree in economics, finance, business administration,international policy/affairs, or related discipline, and have the accompanying minimum years of relevant work experience (for example, Federal Reserve System or other policy institutions), and those exclude time spent in post-graduate study.

Bachelor’s

Master’s

FR-24

3

1

FR-25

4

2

FR-26

5

3

A strong sense of collegiality and teamwork is essential, as is a commitment to fostering an inclusive and diverse workplace. Prior experience with coordination and outreach with international meetings, international organizations, and central banks and other official sector institutions is strongly desired. Experience with U.S. interagency process related to international economic issues is also a plus.

· Collaboration: demonstrated ability to collaborate with and influence individuals with differing priorities and interests.

· Communication: Strong oral and written communication skills. Formal writing experience preferred.

· Decision Quality: Makes timely, thoughtful decisions. Exercises excellent judgment, carefully gathers information, seeks diverse opinions, and challenges own biases, listens attentively and critically, exhibits clear thinking.

· Organizational Skills: Set priorities and achievable goals, develops systems to manage competing demands, manages time well, attention to detail, communicates expectations clearly.

· Relationship Building: Builds collaborative relationships that establish trust and confidence with others across all levels internal and external to the organization.

· Project Management: Routinely participates in projects or assignments with staff at all levels at the Board and Reserve Banks as well as external institutions to gather information, pose questions, and provide interpretation of regulations, policies, and procedures.

· Problem Solving: Works with moderate guidance and high degree of professional independence, technical authority, initiative, reliability, and maturity of judgment.

· Analysis: Analyzes a wide variety of complex issues and finds solutions for problems; demonstrates advanced proficiency in technical knowledge and analytical ability to interpret and solve technically complex problems.

· Teamwork: Ability to work well in group settings and to represent the Board interests at various working groups and committees of international organizations.

Important: This is a two-year term (benefits-eligible) position with the possibility of extension for a third year. The position, located in Washington, D.C., offers a hybrid work environment with opportunities to both telework and work onsite. Travel frequency up to 25%, depending on business needs. U.S. Citizenship required.

Please attach a CV before submitting application. A writing sample may be requested.

KNOWLEDGE/SKILL REQUIREMENTS

Bachelor’s degree or higher from an accredited college or university in business administration, finance, economics, accounting, computer science, information technology, data science, business analytics, or equivalent, plus at least one year of experience auditing, investigating, or evaluating programs while employed in an Office of Inspector General or similar function. Knowledge of principles, theories, practices, and techniques of auditing, data processing, and management, including Government Auditing Standards and other applicable standards and guidance as it relates to data analysis. Knowledge of various sources/methods of obtaining data and techniques used to assist in the analysis of the data in support of audits, evaluations, investigations, and other reviews. Knowledge of data processing methods for developing and/or using computer programs to assist in data collections and analysis. Ability to evaluate information from multiple sources and determine the importance and limitations to each piece of information. Ability to manage changing priorities and help with a variety of assignments, based on a dynamic environment. Ability to learn new computer systems and/or applications used to support audits, evaluations, investigators, and other reviews. Ability to present information in an understandable and compelling manner. Knowledge of the Board, the Bureau, and the Federal Reserve System and their various programs and operations. Ability to gain the confidence and cooperation of others by exercising tact, diplomacy, resourcefulness, and judgment. Ability to assist in drafting reports and other work products that are complete, adequate, and supportable. Prefer certification in one or more of the following: Certified Public Accountant, Certified Fraud Examiner, Certified Business Analyst Professional, Certified Analytics Professional, Certified Internal Auditor, Certified Information Systems Auditor, or other related professional certification. Must have or be able to obtain a Secret security clearance and is subject to the Board’s drug testing program.

In addition, at the FR-24 grade, bachelor’s degree or higher from an accredited college or university in business administration, finance, economics, accounting, computer science, information technology, data science, business analytics, or equivalent, plus at least three years of experience auditing, investigating, or evaluating programs while employed in an Office of Inspector General or similar function. Must have or be able to obtain a Secret security clearance and is subject to the Board’s drug testing program.

In addition, at the FR-25 grade, bachelor’s degree or higher from an accredited college or university in business administration, finance, economics, accounting, computer science/information technology, or equivalent, plus at least four years of experience auditing, investigating, or evaluating programs while employed in an Office of Inspector General or similar function.

REMARKS

Past performance evaluations may be requested.Ability to foster a diverse and inclusive team culture.Knowledge of tools and techniques to develop, promote, and mature a culture of data literacy throughout an organization is strongly preferred.Knowledge of emerging technologies, such as artificial intelligence, machine learning, large language models, generative AI, and natural language processing, and their intersection with data analytics is desired.Knowledge of cloud computing, such as cloud operations, architectures, and storage is desiredPrograming knowledge in Python, and R is desired.Familiarity with Oracle, Peoplesoft, and Salesforce management systems, databases, and analytical software applications, such asACL, Tableau, and Altair Monarch.The OIG’s telework policy requires employees to be physically present in the office a minimum of 4 days per month. Employees may be expected to be physically present in the office more than 4 days per month, as required by business needs.

KEYWORDS: #OIG, #CIGIE, #FRB, #data analytics, #data mining, #data literacy, #information technology, #AI, #Generative AI, #NLP, #Python, #ACL, #Tableau, #Power BI, #Monarch, #R programming, #GCP, #Google Cloud Platform, #Azure, #AWS, #Amazon Web Services

Please apply through theJob Openings for Economists (JOE) website with the materials listed below. Deadline is 11/8/2024 and this announcement will close in parallel. Late applications may be considered as scheduling/capacity allow.

All employees of the Federal Reserve Board must be U.S. citizens or must declare their intent to apply for U.S. citizenship when eligible to do so by signing a declaration prior to employment.

Application Materials

CVCover LetterJob Market PaperThree (3) Letters of ReferenceQuestions regarding citizenship in the JOE applicationDiversity statement: The Federal Reserve Board is committed to fostering an inclusive and diverse workplace. Please include a brief discussion (anything from a paragraph to a page) of your perspective on diversity and inclusion (DI), including how you have sought out diverse viewpoints in your work, collaborated with people with different backgrounds and experiences, worked with individuals or groups focused on DI issues, or conducted research on DI related topics, such as differences in economic outcomes or experiences across groups. Please also include any thoughts on how you could help foster an inclusive environment featuring an open exchange of ideas from a variety of backgrounds and perspectives. If you have already developed a similar statement for another institution, including academic institutions, please feel free to submit that statement rather than prepare a new one.

The Federal Reserve Board is an equal opportunity employer and is committed to supporting and fostering diversity within the broader economics research community.

U.S. CITIZENSHIP REQUIRED

About the Team:

The Division of Monetary Affairs supports the Board and the Federal Open Market Committee (FOMC) in their deliberation and decisions about interest rate and balance sheet policies and lender-of-last-resort responsibilities. Division staff conduct research and analysis on monetary policy issues pertaining to strategy, communications, implementation, transmission, and liquidity provision. The Monetary Statistics and Analysis (MSA) section manages a portion of the division's monetary statistics and data-related technology and governance activities.

Essential Duties:

Participate in the collection, processing, and validation of bank credit aggregates for the purpose of analysis and publication, including the H.8 statistical release, "Assets and Liabilities of Commercial Banks in the United States."Understand basics of bank balance sheets and develop knowledge of loan and securities classifications as outlined in the Call ReportsShare responsibility for understanding underlying data sources for the aggregates, managing section data resources, improving the section's tools for analyzing bank microdata, and contributing to FOMC briefing materials on developments in bank balance sheets, and weekly updates based on incoming data.Perform statistical analyses including seasonal adjustment and stratified sampling, and data edit tolerances.Work with other team members to produce time-sensitive materials to be included in the official statistical
Confirm your E-mail: Send Email