Federal Reserve Summer 2027 Community Development Internship

Location: Richmond, VA

CompanyFederal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.

About the Opportunity

Are you interested in delivering programs to address the challenges faced by low-to-moderate income households? A summer internship on the Fifth District’s Community Development team might be a good fit for you.  You will support the bank’s Community Development and Regional Economic initiatives and programs that focus on building financial capital and workforce pathways for communities in the Fifth District. You will support data analysis, program and event planning and execution, and external sensing and engagement.  Through these and other projects, you will learn from community development professionals and interact with external audiences.

The Summer Internship Program provides outstanding students with the opportunity to gain valuable work experience at a unique institution. Through advanced project work assignments and professional development activities, interns are provided with an extensive understanding of the work of the Federal Reserve. The Community Development intern will have the opportunity to enhance business skills through conducting data analysis and supporting the planning of workshops, conferences, and events along with mentorship and exclusive networking opportunities.

What You Will Do

Assists department with development and design of resources and programs.

Supports the planning and managing of meetings, workshops, conferences and events.

Supports efforts in developing innovative marketing and communication materials.

Prepares resource and handout packets for presentations.

Tabulates evaluations and analyzes feedback for programs; conducts information searches and provides summaries, checks facts and references.

Assists in coordinating presentations at the location.

Performs miscellaneous research duties, such as literature reviews and special projects.

Qualifications

Candidates must be currently enrolled college student, preferably rising junior or senior status and must have a minimum 3.0 GPA.

Significant economics coursework required

The ideal candidate is an economics major with some background in engaging with the public or education.

Familiarity with the Federal Reserve System

Strong interpersonal skills; strong presentation skills that would translate to comfort in a classroom/museum setting.

Ability to think creatively and develop creative presentation and marketing materials

Basic knowledge of and experience in use of research techniques.

Passionate about data exploration and the ability to communicate findings.

Strong analytical skills

Strong attention to detail

Strong verbal and written communication skills

Ability to work on multiple projects simultaneously

Ability to work well in a team setting but also independently

Proficiency in Microsoft Office Suite

With an application, submit a cover letter, college transcript, and resume. Documents should be uploaded as attachments to your electronic submission. Formatted attachments can include Microsoft Office products, PDFs, JPGs or HTML documents; size for each is limited to 1.5Mb.

Other Requirements and Considerations

Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.  The Code is available on the About Us, Careers webpage at www.richmondfed.org.

Sponsorship is not available for this role.

Selected candidate is subject to special background check procedures.

The hourly rate for summer interns is $23.50/hour.

Onsite presence required

US Citizenship status is required.

The Federal Reserve Bank of Richmond provides equal opportunity to all individuals without regard to race, sex, color, religion, gender identity or expression, sexual orientation, national origin, age, disability, or genetic information.

Full Time / Part TimeFull time

Regular / TemporaryTemporary

Job Exempt (Yes / No)No

Job CategoryInternship Family Group

Work ShiftFirst (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 (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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