Summer 2026 Intern: Software Engineering

Posted 2 Days Ago
Be an Early Applicant
Boston, MA, USA
In-Office
18-36 Hourly
Internship
Fintech • Payments • Financial Services
The Role
The Software Engineering Intern will assist in the software development lifecycle by coding, testing, and collaborating on projects to support economic research efforts at the Boston Fed.
Summary Generated by Built In
CompanyFederal Reserve Bank of Boston

As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: community, innovation, integrity, trust, leadership, and excellence.

Compensation: $18-$36 per hour.  Actual pay within the range will be set based on undergraduate/graduate year and relevant experience.

Job Summary:

The Research Department of the Federal Reserve Bank of Boston is offering a limited number of exciting internships to qualified college students. Summer internships are full-time paid positions that start in May/June and typically last 10 to 12 weeks.

This internship will be working with the Research Data and Technology Solutions group. This group maximizes the productivity of the Research Department by providing cutting-edge technology infrastructure, tools, and services that support economic research and ensure outstanding customer service and user experience while appropriately managing risk. The Software Engineering Intern will work alongside our experienced engineering team to develop and enhance our cutting-edge software applications. This is an exciting opportunity to gain hands-on experience in a dynamic, fast-paced environment and contribute to the delivery of innovative software solutions.

Key Responsibilities:

  • Participate in the full software development lifecycle, including requirements gathering, design, coding, testing, and deployment

  • Collaborate with developers, business analysts, and project managers to understand project requirements and deliver high-quality code

  • Implement new features and functionalities based on product roadmap and customer needs

  • Write clean, maintainable, and well-documented code using best practices and industry standards

  • Assist in the testing and debugging of software applications to ensure they meet the desired quality standards

  • Contribute to the improvement of development processes, tools, and methodologies

Qualifications:

  • Currently pursuing a bachelor's or master's degree in computer science, software engineering, or a related technical field

  • Hands-on experience with Python, git, and Linux

  • Proficiency with software development tools and environments

  • Functional knowledge of software design principles, data structures, and algorithms

  • Strong problem-solving skills and the ability to think critically

  • Excellent communication and teamwork skills

  • Enthusiasm for learning new technologies and a desire to contribute to innovative software solutions

The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

 

This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. For this job, any offer of employment is contingent upon successfully passing a two-phase security screening.

The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks. The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position. Depending upon the sensitivity of the position, this phase may include, and is not limited to, work and residency eligibility verification, and personal interviews with the candidate, references, and prior employers.

 All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.

As a condition of employment, all Federal Reserve Bank of Boston employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning financial interests – such as stocks or bonds – from banks, savings associations, and systemically important financial institutions or their affiliates, such as bank holding companies or savings and loan holding companies. If you, your spouse or domestic partner, or your minor child own such assets and would be unwilling or unable to divest them if you were to accept a job offer, you should raise this issue with our recruitment team. Applicants should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
 
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.

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.

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Top Skills

Git
Linux
Python
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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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