Job Description
Company
Federal Reserve Bank of New York
The Undergraduate Summer Analyst Program provides outstanding undergraduate students with the opportunity to gain valuable work experience at a unique institution. Through advanced project work assignments and professional development activities, analysts are provided with an understanding of the work of the New York Fed. Summer analysts will be given the opportunity to enhance their business skills through essential financial analysis, formal presentations, research, and writing.
Analysts are assigned to a particular area or function for the summer, but they will also have opportunities for collaboration with other analysts/associates and with employees from around the Bank. In addition to their daily responsibilities, analysts attend events and weekly presentations hosted by senior management. These presentations provide an overview of the Bank's responsibilities and operations and offer a unique opportunity to learn about full-time career opportunities upon graduation. The summer program is the largest recruitment source for the New York Fed’s full-time campus hiring.
Role Description
Entry: Acts as an entry-level individual contributor on a project or work team. Executes work that's closely managed. Faces problems that are not difficult. Explains facts, policies, and practices related to their job area. Transactional (100%) –carries out defined steps.
Achieves operational targets within their job area that have some impact on the overall achievement of results for their department. Works in a limited scope on smaller, less complex projects or task-related activities. Performs work under close supervision. With very little autonomy and discretion.
Communicates with contacts (typically within their department) to obtain or provide information that requires some explanation or interpretation in order to reach an agreement.
Requires broad theoretical job knowledge. Develops an understanding of team structure and a growing knowledge of the broader Bank
Provides resolution to problems that are readily identifiable with limited scope and are resolved in accordance with standard practices, procedures, applications or routines. Problem/Task resolution timeframe: The majority of tasks typically take one to two days to resolve.
Job Summary
(The Undergraduate Summer Analyst Program provides outstanding undergraduate students with the opportunity to gain valuable work experience at a unique institution. Through advanced project work assignments and professional development activities, analysts are provided with an understanding of the work of the New York Fed. Summer analysts will be given the opportunity to enhance their business skills through essential financial analysis, formal presentations, research, and writing.
Analysts are assigned to a particular area or function for the summer, but they will also have opportunities for collaboration with other analysts/associates and with employees from around the Bank. In addition to their daily responsibilities, analysts attend events and weekly presentations hosted by senior management. These presentations provide an overview of the Bank's responsibilities and operations and offer a unique opportunity to learn about full-time career opportunities upon graduation. The summer program is the largest recruitment source for the New York Fed’s full-time campus hiring.)
Core Responsibilities
(Builds knowledge of the Function’s financial services, business lines, and operational processes to independently perform routine daily activities.
Acquires familiarity with stakeholders to build effective working relationships with these through clear and concise communications to foster value-added services.
Develops understanding of the business line’s objectives, strategic priorities, and governance structure for the business line.
Works on advanced Project based assignments to develop personal and professional skills.
)
Qualifications
(Preferred cumulative GPA: 3.0
Expected graduation between Winter 2023 & Spring 2024.
Detail oriented with excellent interpersonal and written communication skills.
Demonstrated working knowledge of Microsoft Office Suite (e.g., Excel, Word, PowerPoint) and Acrobat.
Ability to work independently as well as in a team environment.
)
Touchstone Behaviors
Communicate Authentically Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank's work forward. Collaborate Inclusively Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results. Drive Progress Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and
uncertainty to drive outcomes. Develop Others Equitably champion, mentor, and develop others to grow professionally. Demonstrate vulnerability and empathy to create a trusted environment. Take Ownership Establish an environment of action and excellence by holding self and others accountable to execute to the highest standard.
Full Time / Part Time
Full time
Regular / Temporary
Temporary
Job Exempt (Yes / No)
No
Job Category
Internship Family Group
Work Shift
First (United States of America)
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 () or through verified Federal Reserve Bank social media channels.
Job Tags
Permanent employment, Full time, Temporary work, Part time, Work experience placement, Summer work, Internship, Summer internship, Work at office, Shift work,