Summer Intern 2026, Memphis Branch Job at Federal Reserve Bank (FRB), Memphis, TN

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  • Federal Reserve Bank (FRB)
  • Memphis, TN

Job Description

Company

Federal Reserve Bank of St. Louis

Join our dynamic team as an Intern at The Federal Reserve Bank of St. Louis / Memphis. This internship is designed to provide you with hands-on experience, mentorship, and exposure to various aspects of the Bank, equipping you with the knowledge and skills needed to qualify for an entry-level role. You will engage in a research project, learn about outreach initiatives, and develop professional competencies such as communication, teamwork, and problem-solving. Additionally, you will build valuable relationships with colleagues and leaders, gaining insight into the Bank's culture.

Ideal Candidate: We value candidates who show enthusiasm for networking with colleagues and leaders and who are curious about monetary policy, economics, the Bank's culture, and various career paths. The most aligned candidates will be those who can make the most of this experiential learning, with the goal of developing the knowledge and skills necessary for a potential entry-level role at our Bank.

Goals and Responsibilities:

Research Project:

Topic Selection and Approval:

  • Select and gain approval for a research topic relevant to the Memphis Zone macroeconomy.

In-Depth Analysis:

  • Conduct thorough research and produce a five-page, double-spaced research paper (Calibri 12pt, 1-inch margins, APA citations) on a topic that aligns with both your interests and the Fed’s current priorities (Due last week of internship.

Timeliness and Rigor:

  • Ensure the topic is timely and defensible, considering the Fed’s need for rigorous, nonpartisan analysis under external scrutiny.

Professional Development:

Mentorship and Guidance:

  • Receive mentorship from experienced professionals to guide your learning and development.

Skill Building:

  • Develop practical skills through hands-on projects and assignments.

Competency Enhancement:

  • Improve professional competencies such as communication, teamwork, and problem-solving.

Networking and Relationship Building:

Colleague Interaction:

  • Build relationships with colleagues across various departments.

Leadership Engagement:

  • Engage with leaders within the Bank to gain insights into the organizational culture and career paths.

Cultural Immersion:

Understanding Bank Culture:

  • Gain a deep understanding of the Bank's culture, values, and mission.

Career Path Exploration:

  • Explore different career paths within the Bank and understand the qualifications and skills required for each role.

The internship will be 35 hours/week in a hybrid environment. The internship will run 9 weeks starting at the beginning of June.

This is a paid internship, $20-$22/hr depending on your year of school.

Join us for a summer that will not only enhance your resume but also provide a solid foundation for your future career in economics and finance.

Full Time / Part Time

Part time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Internship Family Group

Work Shift

First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers () or through verified Federal Reserve Bank social media channels.

Job Tags

Internship, Part time, Summer internship, Full time, Contract work, Shift work,

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