Year-Round Graduate Intern, Payments Technology Lab-RBOPS
About the Team & Internship
The RBOPS Technology Lab (TechLab) delivers expertise on payment innovations to Federal Reserve decision makers by researching and conducting hands-on experimentation with technologies broadly relevant to payments, clearance, and settlement. The year-round TechLab intern will support the team’s ongoing payment technologies research work. Potential projects would focus on topics such as blockchain technology, digital assets, artificial intelligence and machine learning, and data analysis. Specific projects will depend on the intern’s knowledge and academic areas of interest. The TechLab expects that the year-round intern will contribute written work and some code product (i.e., Python, R, or JavaScript) as part of their assignments.
Expected Start Date: January 2025, continuing through at least the end of the summer.
Expected Hours: 20 hours/week during school year, 40 hours/week during summer
Qualifications/Requirements
- U.S. citizenship required
- Currently enrolled in a graduate degree program, or will be enrolled by the time the internship begins and graduating no earlier than August 2025.
- Seeking a degree in economics, mathematics, computer science, operations research, financial engineering, or other quantitative discipline
- Required Skills and Knowledge: Ability to conduct and produce high-level research, demos, and presentations. Familiarity with at least one programming language (Python, Java, R, C++/#, etc.) Experience with at least one operating system (Linux, Ubuntu, Windows, etc.)
- Analysis: Business, Communcation, Network, Programmer, Research
- Applications: MS Office Suite, SharePoint
- Programming: C#/++, Java/JQuery
- Preferred Skills: Experience with different machine learning algorithms or statistical methods. Previous experience with AWS products (EC2, CodeCommit, etc.) and blockchain networks (Ethereum, Solana, Hyperledger, etc.)
- Must be committed to working a 40-hour work week for 10-12 weeks during summer 2025
Competencies/Learning Objectives: Develop expertise in emerging technologies related to payment systems and financial services. Gain a working knowledge of different technical and statistical methods commonly used in both current and future payment systems. Develop proficiency in one or more programming languages or operating systems.
Qualifications/Requirements
- U.S. citizenship required
- Currently enrolled in a graduate degree program, or will be enrolled by the time the internship begins and graduating no earlier than August 2025.
- Seeking a degree in economics, mathematics, computer science, operations research, financial engineering, or other quantitative discipline
- Required Skills and Knowledge: Ability to conduct and produce high-level research, demos, and presentations. Familiarity with at least one programming language (Python, Java, R, C++/#, etc.) Experience with at least one operating system (Linux, Ubuntu, Windows, etc.)
- Analysis: Business, Communcation, Network, Programmer, Research
- Applications: MS Office Suite, SharePoint
- Programming: C#/++, Java/JQuery
- Preferred Skills: Experience with different machine learning algorithms or statistical methods. Previous experience with AWS products (EC2, CodeCommit, etc.) and blockchain networks (Ethereum, Solana, Hyperledger, etc.)
- Must be committed to working a 40-hour work week for 10-12 weeks during summer 2025
Required Documents for Application (upload prior to submission): resume, cover letter, & unofficial transcript
Intern Benefits
- Access to LinkedIn Learning & R programming courses
- Professional development and networking opportunities
- Flexible schedule
- Dining options on-site
- On-site fitness center
- Public transit benefits
Location: must be in the office a minimum of 6 days/month, aligning with the division's requirements.
Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm