Intern, State Street Dedicated Supervisory Team

Company

Federal Reserve Bank of Boston

This position is part of the Bank's Internship/ Co-op Program which is offered to students who are currently enrolled in graduate and undergraduate studies.

This Program identifies talented and qualified candidates who could potentially fill professional job openings in the Bank.

As part of the central bank of the United States, the Boston Fed works to promote sound growth and financial stability in New England and the nation.

Our team contributes to communities, the region, and the nation by supporting the supervision of financial institutions and supporting economic well-being in communities through a variety of efforts.

The Boston Fed is one of 12 Reserve Banks, and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.

Overview of Team/ Function:

The Supervision, Regulation and Credit Department of the Federal Reserve Bank of Boston has an opening for a co-op within the (DST) within the Large Institution Supervisory Coordinating Committee (LISCC) program.

The DST serves as the primary Federal Reserve supervisory contact for the firm and communicates supervisory messages to the firm, including supervisory ratings and annual assessments.

The DST is responsible for supervisory planning, executing supervision/examinations, and monitoring the firm’s overall safety and soundness.

The DST is involved in all aspects of the examination process due to the close relationship with the supervised firm.

  


* Analyze regulatory, financial, and company specific data and evaluate trends.


* Participate in scheduled exams and other supervisory events; assist Examiner-in-Charge and examiners with administrative tasks.

Review firm reporting and supervisory conclusions to ascertain risk levels and controls.


* Assist with the project management of the supervised firm’s annual assessment process.


* Assist in the development of team reporting that tracks supervisory events key deliverables.

 


* Participate in training opportunities on risk management and control topics.

Qualifications:


* High school degree or equivalent; must be enrolled in an accredited university/college program


* Relevant coursework in public policy, statistics, accounting, finance, or economics. 


* Strong analytical and critical thinking skills demonstrated by the ability to assimilate new information, understand complex topics, produce sound analysis and recommend a path toward achieving team objectives.


* Excellent communication skills, both written and oral presentation.


* Ability to thrive as a member of a team and to build collaborative working relationships with colleagues across teams and at different levels.


* Proficient in MS Office products: Excel, Word, PowerPoint.

This internship will be an onsite role.
...