2025 Summer Program - Risk - Sophomore

Company

Federal Reserve Bank of New York

The Sophomore Career Exploration Internship gives you the opportunity to gain valuable work experience at a unique institution.

Through project-based work and professional development activities, you’ll get both an introduction to professional life and an understanding of the New York Fed’s consequential and dynamic work.  In addition to your daily responsibilities, you’ll gain personal and professional skills to help you prepare for the next steps in your education and career journeys.

You’ll be part of a collaborative and inclusive cohort and be paired with a mentor who’s excited to support you.

During your internship, you’ll also learn more about our Junior Summer Analyst program, which serves as a recruitment pipeline for the New York Fed’s entry-level hiring.

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies.

You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.  
 
The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person.

Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance. 

What we do:   

The Risk Group's Mission is to help the Bank achieve its strategic objectives through value-added independent and integrated risk assessments, independent risk oversight, and by providing advice, insight, and tools that enhance resilience and improve business outcomes. 

The candidate will either be assigned to the Risk Response & Resiliency team or the Risk Advisory and Support based on skillset and business need.”The Risk Response & Resiliency function prepares the Bank to anticipate, withstand, recover, and adapt to disruptions.

Your role as Risk Summer Analyst  

Contribute to the execution of the following risk management activities


* Collect and analyze data and information to measure, monitor, and evaluate risk management practices and metrics


* Collaborate with risk management professional to analyze controls, dependencies and handoffs of critical processes.


* Support program management and business analysis-related risk management activities


* Generate reports, prepare inventories, plans, assessments, analyses, and another analytic and guidance documents to drive effective risk management practices using tools such as MS Excel, MS PowerPoint, MS SharePoint, and possibly Tableau (even if not proficient in Tableau, willingness to learn)


* Update program status reports and communications across FRBNY and FRS

What we are looking for:  


* Expected graduation between Winter 2026 and Spring 2027
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