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Federal Reserve System Summer 2022 Intern - Banking Supervision: Supervisory Risk in Dallas, Texas

Company

Federal Reserve Bank of Dallas

A requirement of this position is that you must be vaccinated against COVID-19 or qualify for an accommodation from the Bank's vaccination policy; the Bank will provide accommodations as needed by law for individuals unable to be vaccinated because of medical condition or sincerely held religious belief.

NOTE: This posting will close on Friday, October 29th.

The Federal Reserve Bank of Dallas believes in the diversity of our people, ideas and experiences, and we are committed to building an inclusive culture that represents the communities we serve.

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, and are committed to maintaining an inclusive and diverse culture. 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:

We offer paid, full-time summer internships for many majors, with fulfilling work and opportunities to grow. To help launch your career, we provide dedicated staff mentors. You’ll also learn from senior leaders and industry experts. As part of the Federal Reserve System, you’ll be connected to a professional network that spans the nation. You will begin in early June and will be based in the Dallas office.

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

ABOUT YOUR TEAM:

The Supervisory Risk and Surveillance unit provides analytical products and services related to the financial sector, with the overall goal of promoting sound supervisory policy. Economists, financial analysts, and programmers work with official management in the Banking Supervision Department to support specific supervisory responsibilities and address related policy issues. Outputs include surveillance tools, internal analyses and policy articles written for Federal Reserve and academic publications.

WHAT YOU’LL DO:

  • Assist with the creation and maintenance of risk dashboards to be used for quarterly monitoring of large and - regional bank trends

  • Conduct research on bank loan underwriting trends to identify concerns

  • Reviewing risk surveillance reports to identify outlier banks

  • Provide risk support to staff conducting bank examinations

  • Review problem bank reports across firms

  • Compile training materials for capital, earnings, liquidity, sensitivity, investments, derivatives, and broker dealer

WHAT YOU BRING:

  • Junior or Senior level student majoring in economics, finance, or another quantitative field

  • Proficient in Microsoft Office, Excel, Tableau

  • Experience with accounting, programming, and data analytics (SAS)

  • Strong written and oral communication skills are required

  • Exposure to banking and economics industry

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

OUR VIRTUAL BENEFITS:

  • Flexible location and hours

  • Free LinkedIn Learning account

  • Professional development opportunities

  • One-on-one Senior Management engagement across District

  • Broader networking opportunities across District

WORK HOURS:

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

NOTES:

This is a security sensitive position. By federal law, this position requires that the candidate be a U.S. citizen.

Employment is contingent upon the selected candidate passing a background check and drug screen. Candidates will be required to submit at least three references and submit fingerprints prior to employment.

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

We are proud to be an equal opportunity employer

Full Time / Part Time

Full time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Internship

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.

Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)

OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

Why Our People Choose Us:

Our reputation precedes us

There will always be room for personal growth

Our people are first

You’ll find the right balance

Your responsibilities will be meaningful

We hope that you will be our future colleague.

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