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 Houston office.
 
Learn more about our internship program: www.dallasfed.org/internships.

ABOUT YOUR TEAM:

The Community Banking Organizations/Foreign Banking Organizations (CBO/FBO) unit within the Banking Supervision Department is responsible for supervising banking organizations with total assets of $10 billion or less and FBOs operating in the 11th District. CBO/FBO examiners participate on a myriad of assignments, including Safety and Soundness examinations, bank holding company inspections, surveillance activities, and various other projects. As an intern in Banking Supervision, you will regularly apply problem solving, analytical, leadership, and interpersonal skills. In addition, you will have the opportunity to expand your knowledge of bank regulation and learn new skills in a team environment.

WHAT YOU’LL DO:

• Performing financial analysis as part of our continuous monitoring program

• Reconciling regulatory reports through participation on Safety and Soundness examinations

• Reviewing adequacy of corrective actions taken in response to exam findings

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

• Assist in carrying out various department programs, processes, and procedures

• Participate in meetings and attend trainings as assigned

WHAT YOU BRING:

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

• Strong analytical and communication skills, both verbal and written 

• Understanding of the Federal Reserve and commercial banking

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

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

• 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)

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Work Shift

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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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