2027 Summer Internship - Business Technology

Posted 6 Hours Ago
Be an Early Applicant
St Louis, MO, USA
In-Office
20-22 Hourly
Internship
Fintech • Payments • Financial Services
The Role
Paid 9-week hybrid internship supporting data and business technology initiatives at the Federal Reserve Bank of St. Louis. Projects may involve Python and AWS database analysis, product ownership, security compliance, statistical analysis, policy research, data science, machine learning, and GenAI experimentation. Interns participate in networking, mentoring, professional development, and mission-driven projects.
Summary Generated by Built In
CompanyFederal Reserve Bank of St. Louis

The Federal Reserve Bank of St. Louis is recruiting for its 2027 Summer Internship Program! There are multiple postings covering our various opportunities; you may apply to more than one posting or be interested in more than one of the opportunities below.
Our summer internships provide talented students an opportunity to gain valuable experience by working on projects that support our business areas; and ultimately impact the national economy.
Our intern program also allows insight into the possible future entry-level positions and be exposed to several areas across the division and bank.
Regardless of which internship, all our interns experience the following:
• Networking within the Bank and across the Federal Reserve System
• Various events ranging from Leadership Q&As to development-oriented sessions and much more
• Dedicated intern mentor program
• Exposure to Bank operations and mission driven work

The following opportunities are within Data and Business Technology. These are across multiple business areas and may require enhanced background screening and or US Citizenship.

Treasury Do Not Pay – Join a highly-visible program run by the U.S. Department of the Treasury that is using federal payment and payee data to monitor federal payments for fraud, waste, and abuse. Using Python, evaluate database(s) within an Amazon Web Services environment to assist with documentation and outlining the use of tables and functions across the code base. Based on experience level, an opportunity also exists for greater responsibility working on an advanced data matching procedures and pipelines for delivery of matching products to state and federal customers. You will be able to build your knowledge-base related to the utilization of analytical tools, including AI tools (at a limited scope). Computer programming skills, awareness, or interest is required; interest in using new technologies for coding and documentation desired. This position is open or adaptable to all skill levels.

Product Owner – Working in our Treasury team, join a scrum team, work as a Jr. Product Owner, attend ceremonies, contribute to Jira and Confluence as needed by logging stories or updating artifacts, meet our stakeholders (internal and external), dev teammates, and shared service contacts, support the scrum team to meet goals. Opportunity to work on a self-driven project as well.

Security Compliance Support - work within our Supervision, Credit & Learning division on our Information Security Compliance Team. Assist with software security reviews, access changes and content creation highlighting the importance of security. Some ad-hoc end user support possible.

Statistics Analyst- Working within our Supervision, Credit, and Learning department, gain hands on experience analyzing reports, ad hoc responsibilities around system workgroups, automation tools or queries and opportunities to explore partner teams based on interest.

SPRA Policy Analyst – Variety of tasks ranging from data analytics to researching topics to write briefs and summaries of data. Interest in banking and economics ideal, coding or data analysis experience is a plus.

Data Science Analyst - The Summer Intern will support data analytics initiatives within the Supervision division, contributing to projects in Advanced Analytics, GenAI, and Agentic AI experimentation. Key responsibilities include developing code to fulfill data requests and applying Machine Learning techniques to foundational data science tasks. Proficiency in Python, R, and SQL is required, with an interest in Machine Learning and GenAI considered a strong plus.

To Apply:

Submit your Resume and Cover Letter below. In your cover letter, let me know which of the above are of interest to you and an experience that you believe makes you a stronger candidate. You are not limited to work experience. Candidates without a Cover Letter will not be considered.

This posting will close on October 25th.

The Details

The internship will be 35 hours/week in a hybrid environment in downtown Saint Louis. The internship will run 9 weeks, June 7th – August 6th. This is a paid internship, $20-$22/hr depending on your year of school.

Bring your passion and expertise, and we'll provide the opportunities to challenge you and propel your growth—along with multiple benefits and perks.

  • Free onsite 24/7 Fitness Center with locker room / shower facilities
  • Onsite Cafeteria and Coffee Shop
  • Paid parking
  • Optional Roommate pool
  • Temporary housing recommendations
  • Professional Headshots

At the Federal Reserve Bank of St. Louis, we are committed to a strong and resilient economy for all. We prioritize inclusion and strive to be a workplace where all employees can thrive. Learn more about Bank’s culture.

The Federal Reserve Bank of St Louis is an Equal Opportunity Employer. #LI-Onsite

Full Time / Part TimeFull time

Regular / TemporaryTemporary

Job Exempt (Yes / No)No

Job CategoryInternship Family Group

Work ShiftFirst (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 (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

Privacy Notice

Skills Required

  • Computer programming skills, awareness, or interest
  • Proficiency in Python, R, and SQL for data science work
  • Interest in machine learning and generative AI
  • Interest in banking and economics for policy analysis work
  • Coding or data analysis experience
  • Interest in using new technologies for coding and documentation
  • Resume and cover letter
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The Company
Kansas City, MO
2,289 Employees

What We Do

This page is dedicated to Federal Reserve System career and employment related information only. Comments not pertaining to Fed recruiting will be removed. The Fed - Make a world of difference in the global economy 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. Find your preferred locations around the United States and explore the breadth of opportunity available at the Federal Reserve. Atlanta https://www.frbatlanta.org/ Boston http://www.bostonfed.org/ Chicago https://www.chicagofed.org/ Cleveland https://www.clevelandfed.org/ Dallas http://dallasfed.org/ Kansas City https://www.kansascityfed.org/ Minneapolis https://www.minneapolisfed.org/ New York http://www.newyorkfed.org/ Philadelphia https://www.philadelphiafed.org/ Richmond https://www.richmondfed.org/ San Francisco http://www.frbsf.org/ St. Louis https://www.stlouisfed.org/ Board http://www.federalreserve.gov/

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