Summer 2025 Intern- PhD Data Science or Computer Science

Company

Federal Reserve Bank of Chicago

The Federal Reserve Bank of Chicago is recognized as one of the most influential, trusted and prestigious financial institutions in the world.

We serve the Seventh District encompassing Iowa and most of Illinois, Indiana, Michigan, and Wisconsin, and is one of the 12 regional Reserve Banks in the United States.

Together with the Board of Governors in Washington, D.C., the 12 Banks constitute the nation’s central bank.

INTERNSHIP PROGRAM DETAILS: 

The Federal Reserve Bank of Chicago Summer Intern Program is a paid internship designed to give undergraduate, graduate, and doctoral students direct exposure to our Bank’s operations.

Beginning in early June, interns commit to 40 hours a week for 10-12 consecutive weeks onsite or hybrid depending on the department’s requirement.  

What makes this internship unique: 
This internship gives you the opportunity to work for a regulatory bank dedicated to the public good by engaging in project-based assignments and professional development activities aligned with our mission.

You will gain insights to the Federal Reserve System while contributing to your assigned department and build relationships with subject matters experts, Bank leadership, and fellow interns.

You will work in a collaborative environment that fosters inclusion, reflecting all the communities we serve.  

REQUIREMENTS: 


* U.S.

Citizen or Permanent Residency 


* Must be a current, matriculated student in an accredited program graduating August 2024 or later 


* 2.75 GPA (unofficial transcripts might be asked to submit) 


* Ability to work 40 hours week throughout the duration of the 10-12 week internship program. 

PREFERRED SKILLS: 


* Intermediate working knowledge of Word and Excel 


* Strong interpersonal and communication skills 


* Ability to verbally present information and respond to questions from small to medium groups 


* Ability to interpret data and analytics to develop insights, tell stories, support the decision-making process, and measure impact 



* Detail-oriented and self-motivated 


* Ability to interact with internal and external clients professionally in a fast paced, high-energy environment 


* Ability to be an independent worker with a team player attitude 

APPLICATION PROCESS: 


* Mid-October through November 2024 – Applications due 


* Mid-October 2024 through January 2025 – Interviews conducted and offers extended 


* June 2, 2025 or June 19, 2025 – Internship start dates 

ADDITIONAL REQUIREMENTS: 


* As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies.

If you o...