Spring/Summer 2025 Intern, Mergers and Acquisitions - Supervision & Regulation

Washington, District of Columbia


Employer: Federal Reserve Board
Industry: 
Salary: Competitive
Job type: Full-Time

Position Description

Minimum Education

Enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship.

Minimum Experience

0

Summary

The Federal Reserve Board (Board) provides students opportunities for career success. The Board's Internship program is designed to provide valuable work experience for undergraduate and graduate students considering careers including, but not limited to, economics, finance and accounting, information systems, and data analysis. The Board believes that by combining academic endeavors with project-related work experience, qualified and capable college students can gain the practical knowledge need in a competitive global job market. Internships are paid positions with salaries commensurate with credit hours; internships may be in-person, remote or hybrid, depending on the needs of the team. Employment in the Board's internship program is granted to U.S. citizens. Applicants must be currently enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship. Interns receive a syllabus or research project plan outlining their projects and goals for the internship. Interns are assigned a supervisor or mentor to guide them through their internship, and regular check-in meetings with their manager to manage performance expectations and assist with learning goals. Interns have access to a wide range of training programs and events for professional development purposes.

Position Requirements

About the Team

The Board's Mergers and Acquisitions (M&A) section helps to promote the safety and soundness of the U.S. financial system by reviewing and ensuring that proposed transactions and activities do not adversely impact the resultant financial institution. M&A staff review applications for adherence to relevant statutory and regulatory considerations, and safety and soundness principles with an analytical focus on the financial condition and managerial resources of the applicant, and the future prospects of the resulting organization.

About the Role

This intern will be analyzing large datasets related to the Federal Reserve Board's M&A function to assist in developing reports to support the team and inform management. Specifically, they will query databases, perform data verification, and conduct data analysis on M&A performance metrics. This work will culminate in presentations that summarize the data and analysis, utilizing charts and other visualizations to demonstrate conclusions and trends. The intern will have the opportunity to learn about the Federal Reserve's process for reviewing bank mergers and how it interacts with bank supervision and regulation.

The intern will query, clean, analyze, and present data on Mergers & Acquisitions operations. The focus of this position will be to provide strategic analysis that assists in reporting and M&A planning. Specifically, this role will: 1) query databases and conduct data analysis on performance metrics, 2) Perform data verification to ensure accurate outputs, 3) Create charts and other visualizations to demonstrate strategic metrics and trends, & 4) Summarize data for presentations and reporting, as needed. We are looking for someone with demonstrated research and analytical skills and with a willingness to work both as a team member and independently.

Competencies/Learning Objectives: research skills; data analysis; organization; communication; learning agility; teamwork and independent work flexibility.

Suggested Major/Minor: Current undergraduate or graduate student in Mathematics; Finance; Business; Economics

Required Skills and Knowledge: Advanced Microsoft Excel skills, particularly in data analysis. Proficiency with MS Office Suite (Word, Teams, Outlook, etc.).

Preferred Skills: Familiarity with other data analysis platforms (R and/or Python) a plus. Proficiency with data visualization (Power BI and Tableau) a plus.

Required Documents for application: A copy of an unofficial transcript may be requested.

Location: This is a remote internship.

US Citizenship is required for all Board internships and applicants must be current undergraduate or graduate students, graduating from their program Fall 2025 or later.

Expected Start Date: January 2025

Expected Hours: 32 hours/week during school year, 40 hours/week during summer

Created: 2024-09-29
Reference: R024652
Country: United States
State: District of Columbia
City: Washington
ZIP: 20010


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