Position Description
The Federal Reserve Board is seeking an IT Intern – Software Developer to join our Information Technology Division. This internship offers a unique opportunity for students to gain hands-on experience in software development within a prestigious financial institution.
Minimum Education
- Enrolled in an undergraduate or graduate degree program at an accredited university.
- Must be returning to continue studies after the internship.
Minimum Experience
- No prior experience required.
Summary
The Federal Reserve Board’s Internship program is designed to provide valuable work experience for students considering careers in economics, finance, accounting, information systems, and data analysis. Internships are paid positions with salaries commensurate with credit hours. The internship may be in-person, remote, or hybrid, depending on team needs. Employment is granted to U.S. citizens only.
Position Requirements
As a Software Developer intern, you will:
- Work in the Application Development area of the Information Technology Division.
- Support software development teams on various automation projects.
- Develop software solutions to meet end-user requirements.
What You’ll Be Doing
- Developing web and mobile applications.
- Discovering and implementing tools that enhance innovation and modernization.
- Designing website layouts that satisfy end-user requirements and web design principles.
- Building database queries to extract data required for software solutions.
Projects and Experience
Previous interns have contributed to projects related to:
- Artificial Intelligence / Machine Learning (AI/ML)
- Automation Testing
- Web Application Programming Interface (API) Development
- Data Analytics
Through these projects, you will gain experience with programming languages, databases, and system development life cycle methodologies such as Agile and SCRUM.
How You’ll Make An Impact
Our mission includes promoting a strong economy for the American people by fostering stability, integrity, and efficiency of the nation’s monetary, financial, and payment systems. As an intern, you will have the opportunity to contribute to this mission.
Additional Information
- This internship may be completed remotely or in a hybrid capacity at the discretion of the selected candidate.
- U.S. Citizenship is required.
- Applicants must be current students, graduating from their program in fall 2025 or later.
Compensation
- Hourly rate: $25.58 - $50.63
Join us at the Federal Reserve Board and gain invaluable experience in software development while contributing to the stability and efficiency of the nation’s financial systems.
Benefits Extracted with AI
- Paid internship
- Professional development opportunities
- Mentorship
- Flexible work arrangements
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