Graduate Intern - Business Technology

Summer 2026 Graduate Internship – Business Technology Systems Solutions

The Federal Reserve Bank of Minneapolis Graduate Intern Program is intended to introduce full-time or part-time graduate students to the Federal Reserve System. This position will assist with the review of processes and systems to identify gaps for continuous improvement opportunities in the Banking Supervision function. Being at the forefront of overseeing the nation’s largest and most complex financial institutions is a unique opportunity that requires highly analytical and quantitative individuals. Interns will receive on-the-job mentoring and professional development as they engage in job duties.

The Grad Intern Program provides an opportunity to work in an intellectually stimulating and collaborative environment, to engage in meaningful public service, and to interact with senior leaders at the Federal Reserve Bank of Minneapolis and across the Federal Reserve System. Interns will gain exposure to and experience with the most important quantitative issues and challenges currently facing the regulatory and financial industries.

Internship Hourly Wage: $27.00
 

We are looking for students who are willing to work 40 hours/week for 12 weeks beginning June 1, 2026. This position requires a regular on-site presence.

Position Description:

• Selects, collects, and analyzes data to find root causes of performance issues; identifies trends and process variations that lead to continuous improvement opportunities. 
• Designs and develops process improvement solutions.
• Performs change management activities including developing and delivering training and communications to support transition of improvement project changes.
• Maintains and communicates project plan progress, issues, and risks.
• Creates metrics to track benefits of improvement implementations; develops dashboards and tools to monitor progress of key results, key performance indicators, and service levels within a project portfolio.
• Summarizes analysis to report on key improvement opportunities to use for future state solution design. 
• Presents technical issues to non-technical audiences and clearly articulate options and recommendations in verbal and written form.
• Participates in internal networking and mentorship opportunities with business analytics and project management professionals and leadership across the Federal Reserve System.

Required Qualifications:

• Currently enrolled and actively pursuing a graduate degree business, data, finance or technical field with strong academic record in graduate program.
• Advanced analytical and problem-solving skills to identify process gaps and inefficiencies in systems.
• Previous experience gathering business requirements to solve business problems. 
• Strong project management skill set with experience working in an agile methodology.
• Previous experience with report development and modern BI and reporting tools (e.g., SQL, Tableau and Power BI), preferred.
• Demonstrated written and verbal communication skills, with the ability to articulate technical concepts to all audiences. 
• Ability to work collaboratively within a team.
• Meet Protected Individual requirement.
• Able to work 40 hours per week throughout the duration of the 12-week internship program, starting in June 2026.

Additional Preferred Qualifications (Not Required):

• Experience with UiPath and/or other RPA tools.
• Experience with Power Applications, Low Code / No Code solutions.
• Knowledge of Finance and Banking.

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. Candidates who are not U.S. citizens must sign a declaration of intent to expeditiously become a U.S. citizen when eligible. 

Please note: We do NOT provide relocation assistance, housing, travel reimbursement, or sponsorship.

The Minneapolis Fed is committed to fostering an environment where all employees are respected and valued. We provide equal employment opportunity to all persons and we work together to pursue an economy that works for all of us.