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Payments Forum Intern - Spring/Summer 2027

Role overview

Qualifications

  • Currently enrolled as an undergraduate or graduate student, preferably in economics.
  • Excellent verbal and written communication skills.
  • Creative thinking and problem-solving skills.
  • Organizational skills, attention to detail, and ability to meet deadlines.

Responsibilities

  • Conduct recruitment of depository and financial institutions, major card networks, payments processors, and card issuers.
  • Engage in data submission and validation activities as part of the Federal Reserve Payments Study.
  • Encourage financial institutions and networks to participate in the study.
  • Assist in collecting data from approximately 4,000 financial institutions and over 100 network processors and issuers.

Key facts

  • Remote from: Georgia (USA)
  • Internships
  • Entry-level / graduate
  • English

Hard skills

Other skills

  • Communication
  • Non-Verbal Communication
  • Creative Thinking
  • Problem Solving
  • Organizational Skills
  • Detail Oriented
  • Ability To Meet Deadlines

About the company

Federal Reserve Board logo

Federal Reserve Board

Banking

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. Today the Federal Reserve's duties fall into four general areas: Conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices and moderate long-term interest rates. Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers. Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets. Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system.

Company details

IndustryBanking
Company size1001 - 5000

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Job description

Company

Federal Reserve Bank of AtlantaAs an employee of the Atlanta Fed, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.

The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person. Onsite work is an essential function of this position, and you are required to be onsite according to the schedule set by your management.

The Federal Reserve Bank of Atlanta Research Department is now hiring for our Spring and Summer 2027 Internship Program. This is an onsite/ hybrid (Preferred) or remote position eligible; candidate must be available to work 15 hours a week during the Spring semester (January – early May): Monday-Friday 8AM-5PM EST; and 30 hours a week during the Summer semester (late May – early August) during the following days/times: Monday – Friday 8AM – 5PM EST. Opportunity exists to work on-site during the Summer semester to engage in the Atlanta Fed’s broader internship program offerings. The position will start January 2027 through August 2027*.

The Research Division focuses on every aspect of the economy, from the local to the international level. At the Atlanta Fed, studies range from analyzing rural banking markets in the Southeast to designing and testing economic forecasting models used in policy making.

*date subject to change

SCOPE OF ASSIGNMENT

Payments Forum – Selected students will be conducting recruitment of depository and financial institutions, major card networks, payments processors, and card issuers through data submission and validation activities as part of the Federal Reserve Payments Study (FRPS) administered by the Atlanta Fed’s Payments Forum in partnership with the Board of Governors of the Federal Reserve System. 

The FRPS is the most comprehensive, unbiased study of noncash payments activity in the U.S. The FRPS collects data from some 4,000 financial institutions and more than 100 network processors and issuers. Encouraging these respondents to participate and helping them to do so is the goal of the Research Interns.

More information about the FRPS can be found here

QUALIFICATIONS

  • Preference will be given to candidates willing to make a two-semester commitment (Spring/Summer 2027).

  • Currently enrolled as an undergraduate or graduate student, preferably in economics.

  • Excellent verbal and written communication skills.

  • Creative thinking and problem-solving skills.

  • Organizational skills, attention to detail, and ability to meet deadlines.

OUR BENEFITS TO INTERNS (some benefits are subject to being onsite)

  • Professional development opportunities 

  • Networking 

  • MARTA passes provided 

  • Free LinkedIn Learning access 

  • Free access to our FedFuel career development tool 

  • Café and dining options on-site 

  • Dress for your day 

  • Flexible hours 

  • Access to on-site fitness center 

Additional Requirements:  

  • This position will require at minimum fingerprinting for a criminal background check, education and employment verification, along with potential additional screening requirements due to the information accessed while performing the job. Any offer of employment is contingent upon satisfactory results of any required background screening. These screenings would be initiated at the time of offer acceptance and can take up to approximately 8 weeks to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well. 

  • For Law Enforcement positions, physical, psychological, drug, stress/EKG, and attending an academy will be required.  

  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. 

  • Federal Reserve Bank of Atlanta employees must comply with the Bank’s ethics rules. These rules generally prohibit employees, their spouses/domestic partners, and minor children from holding financial interests (such as common stock and corporate bonds) issued by financial institutions. This prohibition also applies to investment funds that focus on investing in the financial sector. If you, your spouse/domestic partner, or minor child own such securities, you will generally be asked to divest them if you accept an offer of Bank employment. If you have concerns about this prohibition, you should raise the issue with the recruiter for this posting early in the process. 

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments). 

The Federal Reserve Bank of Atlanta is an equal opportunity employer. 

Full Time / Part Time

Part time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Internship Family Group

Work Shift

First (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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Marcus Rivera

Chief Revenue Officer

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