Summer 2025 Graduate Internship - Business Technology Services

Company

Federal Reserve Bank of Minneapolis

The Federal Reserve Bank of Minneapolis Graduate Intern Program is intended to introduce full-time or part-time graduate students to the broader Federal Reserve System and, more specifically, leading and supporting the review of processes and systems to identify gaps for continuous improvement opportunities in the Banking Supervision function.

Being at the forefront of overseeing the nation’s largest and most complex financial institutions is a unique opportunity that requires highly analytical and quantitative individuals.

Interns will receive on-the-job mentoring and professional development as they engage in job duties.

The SRC Grad Intern Program provides an opportunity to work in an intellectually stimulating and collaborative environment, to engage in meaningful public service, and to interact with senior leaders at the Federal Reserve Bank of Minneapolis and across the Federal Reserve System.

Interns will gain exposure to and experience with the most important quantitative issues and challenges currently facing the regulatory and financial industries.

Internship Hourly Wage: $27.00

The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person.

Onsite work is an essential function of this position, and you are expected to be in the office 3 days per week for meetings and team collaboration. The first few weeks will require 100% in-person engagement for on-boarding and training.

Position Description:



* Selects, collects, and analyzes data to find root causes of performance issues; identifies trends and process variations that lead to continuous improvement opportunities. 


* Designs and develops process improvement solutions.


* Performs change management activities including developing and delivering training and communications to support transition of improvement project changes.


* Maintains and communicates project plan progress, issues, and risks.


* Creates metrics to track benefits of improvement implementations; develops dashboards and tools to monitor progress of key results, key performance indicators, and service levels within a project portfolio.


* Summarizes analysis to report on key improvement opportunities to use for future state solution design.


* Presents technical issues to non-technical audiences and clearly articulate options and recommendations in verbal and written form.


* Participates in internal networking and mentorship opportunities with business analytics and project management professionals and leadership across the Federal Reserve System.

Required Qualifications:


* Currently enrolled and actively pursuing a graduate degree business, data, finance or technical field with strong academic record in graduate program.


* Advanced analytical and problem-solving skills to identify process gaps and inefficienc...