Company

ABOUT THE DALLAS FED: 

At the Dallas Fed we serve the public by partnering with communities and businesses, promoting jobs and stable prices, and keeping your money safe and available. We welcome different perspectives, ideas, and experiences. As part of the nation’s central bank, we are committed to improving the economy and our communities. Are you ready to make a difference? 
  
Learn more about the Dallas Fed: www.dallasfed.org/fed. 
  
ABOUT THE INTERNSHIP PROGRAM:

The Federal Reserve Bank of Dallas Internship Program is a prestigious, cohort-based experience that attracts top talent from across the country for paid, full-time summer internships spanning majors and functional areas – from economic research and finance to Cash Services, IT, and beyond. While interns take on a specific functional role for the summer with meaningful work and opportunities to grow, the program offers much more than a single assignment. Dedicated staff mentors help launch your career, and curated cohort programming provides broad exposure to central banking, direct access to senior leaders and industry experts, and dedicated learning and development opportunities. As part of the Federal Reserve System, you'll also build a professional network of peers that spans the nation. The program runs approximately for 10-12 weeks, beginning in mid-to-late May and concluding in August. For this specific position, you will be located in the Dallas office.
 
Learn more about our internship program: www.dallasfed.org/internships.

ABOUT YOUR TEAM:

The Consumer Affairs (CA) unit within Banking Supervision and Regulation is responsible for supervising state member banks' compliance with consumer protection regulations and evaluating their performance under the Community Reinvestment Act (CRA). The unit also serves as a resource for the public, addressing consumer complaints and inquiries related to state member banks. CA staff deliver supervisory reports to a variety of stakeholders, including bank Boards of Directors, Federal Reserve Board of Governors supervision staff, and other internal supervision teams. In addition to examination work, CA staff collaborate with other Banking Supervision units — including Community Banking Organizations and Regional Banking Organizations — provide regulatory interpretations, conduct advisory visits, deliver training, and represent the Bank at trade group and community events. As an intern, you'll gain firsthand exposure to risk-focused supervision and the opportunity to build analytical, interpersonal, and regulatory knowledge in a collaborative team environment.

WHAT YOU’LL DO:

• Shadow point-in-time examinations/inspections, target examinations, pre-membership/merger examinations, and mid-cycle reviews to gain exposure to the examination process

• Assist with the review of consumer complaints regarding state member banks

• Participate in ongoing portfolio examiner supervision activities and the review of corrective actions taken in response to examination findings

• Observe scope and examination vetting meetings, CA staff meetings, and CA scheduling meetings

• Support the CA Quality Control function through interactive participation in a minor role

• Attend CA training activities and learn about CA staff participation in System workgroups

• Work with department management on special projects and other time-sensitive assignments as assigned

WHAT YOU BRING:

• Student must be entering junior or senior year and pursuing a degree in Finance, Economics, Accounting, or a related field

• Interest in consumer protection, compliance, or banking regulation

• Strong analytical and communication skills, both verbal and written

• Understanding of the Federal Reserve and banking preferred

• Excellent interpersonal skills and the ability to effectively work in groups

• Ability to take direction and deliver quality work products in an efficient manner

• Willingness and ability to obtain short-term examiner credentials and CSI (confidential supervisory information) access, as required for certain activities

• Equivalent education and/or experience may be substituted for any of the above requirements

OUR BENEFITS:

• Professional development opportunities 

• Broader networking opportunities across District 

• Downtown location with free parking

• 24/7 on-site fitness center (Dallas & Houston Offices)

• On-site café and coffee shop

WORK HOURS:

Monday – Friday, 8:00 a.m. – 5:00 p.m. (40 hours/ week). Some additional hours may be required.
 
NOTES:
 

Participation in our internship program is a valuable learning opportunity and does not guarantee future employment.

This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements. In addition, all candidates must undergo an enhanced background check and comply with all applicable information handling rules. 

If you need special accommodation during your interview process, please notify your Talent Acquisition Consultant.

Please submit applications by Friday, October 23rd.

We are proud to be an equal opportunity employer

Full Time / Part Time

Regular / Temporary

Job Exempt (Yes / No)

Job Category

Work Shift

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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