Intern, Regional and Community Banking

Company

Federal Reserve Bank of Boston

As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation.

You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, 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.

Job Summary:

This intern position is in the Regional and Community Banking function of the Supervision, Regulation, and Credit department.  The Regional & Community (R&C) banking unit is organized under the Supervision, Regulation, and Credit Department and is responsible for ensuring compliance with laws and regulations and for assessing the safety and soundness of bank holding companies and state chartered banks that are members of the Federal Reserve.

Seeking candidates interested in an opportunity to gain exposure to the supervision and regulation of financial institutions throughout New England.  This position is responsible for assisting with the supervision of financial institutions by identifying risks through various analytical assignments intended to assist in the assessment of operating in a safe and sound manner and in compliance with applicable laws and regulations.

This position is also responsible for providing assistance to Exam Logistics, the operational team that supports the exam function responsible for the supervision of financial institutions.   
 

Principal Accountabilities:

The successful candidate will work on projects related to risk in community banking, including but not limited to financial statement analyses and data collection/manipulation.

Project work will focus on working with and analyzing information related to commercial loans.  In addition, the candidate should be able to perform other duties as assigned related to supporting  critical areas of examination processing, technology, analysis, and training, including providing administrative support for exam report processing, including quality reviews; projects related to records management in accordance with Federal Reserve guidance; and conference planning. 
 

The successful candidate is expected to have:


* Undergraduate or graduate student in business, finance, or economics


* Fluent in Excel, PowerPoint, Word, Tableau, Acrobat


* Experience and skills related to cash flow analysis and basic accounting


* Desire to learn about community banking and commercial credit analysis


* Strong administrative skills and attention to detail


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