Do you want to get a head start on your career? Consider an internship with the Federal Reserve Bank of Dallas. We have a wide variety of opportunities that allow you to apply what you have learned in school to real world situations, working alongside some of the top professionals in the business.
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 while also formulating national monetary policy, supervising financial institutions and holding companies and providing services for financial institutions and the U.S. government.
Our people bring a diversity of backgrounds and ideas, which allow for creativity and innovation. They push forward our high-performance, exchange-driven culture.
We urge you to consider the Federal Reserve Bank of Dallas when you begin your internship search.
We offer a variety of summer, spring and fall internship programs for university students and recent graduates as business needs dictate in our Dallas, El Paso, Houston and San Antonio offices.
In addition to acquiring on-the-job experience, summer interns interact with Bank President Richard Fisher in a question-and-answer session, participate in a field trip to the Bureau of Engraving and Printing in Fort Worth and have access to career counseling and guidance.
During the assignment, interns may take advantage of in-house training courses and enjoy the subsidized full-service on-site cafeteria, free secured parking, subsidized bus passes and the exercise facility, with cardio/aerobic and weight-training equipment for a minimal monthly cost.
Most internships are paid temporary positions, but we also may offer unpaid internships for those who seek college credits. Interns may return the following year for another assignment or be hired into a regular full-time position.
Assignments range from six to 12 weeks; standard work hours are 8 a.m.–5 p.m. Monday through Friday. That leaves your weekends and evenings free.
What types of internships are available? Here are a few examples of past internship opportunities:
Human Resources (HR) Analyst
Review HR processes and documents for compliance efficiency and effectiveness. Prepare project documentation and recommendations.
Assist in conducting financial, compliance, operational and automation audits. Also assist in the development of audit recommendations and reports.
Information Technology—Network Services/Network/Telecom Analyst
Merge and develop new processes that will assist the network and telecom groups in managing the District SIO (standard information outlet).
Financial Management—Lawson Centralized Business Administration Function
Translate high-level business requirements into detailed function specifications and manage requests for changes to the specifications. Also assist in determining which business requirements can and should be automated and how these automated functions are integrated into the rest of the business and technical processes.
Banking Supervision—NIC (National Information Center) Unit
Ensure the data submitted by bank holding companies for the Annual Report of Bank Holding Companies are complete and accurate by using appropriate resources. Assess additional regulatory reporting as required.
Financial Management—Risk Management
Assist in business process redesign and documentation as needed for new technology. Negotiate agreements and commitments by facilitating communication between business units and IT (Information Technology), from initial requirements to final implementation.
Public Affairs—Community Affairs
Analyze and interpret the impact of current economic developments and trends on low- and moderate-income populations and communities, with a focus on issues occurring within the Dallas Federal Reserve District. This internship is offered to a graduate or undergraduate student majoring in or studying economics.
Support and assist on projects to digitize and preserve the history of the Dallas District. Many of the projects involve gathering detail to support special projects; digitizing, cataloging and posting pre-Internet Bank publications (currently only available in hard copy); writing copy from historical information and articles for posting to the Historical Library’s intranet site; and working with staff on possible audio/video recordings of oral histories supplied by past and current officers and staff.
What our interns had to say:
- “My internship far exceeded my expectations.”
- “I was given a great deal of autonomy, with periodic check-ins. It was just right.”
- “I wasn’t quite sure what to expect in the beginning, but I learned far more than I imagined I would learn.”
- “I learned how to improve my time-management skills.”
- “This internship put the practicality in what I’ve been taught in books at school.”
- “I was expecting to meet experts in my field, and I did.”
We seek interns with the following skills:
- Problem solving
- Good judgment
- Strong interpersonal, written and oral communication
- Analytical thinking
- Computer—Microsoft Office Suite
About Federal Reserve
The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.