Summer Internship Program - Office of ; Finance and Accounting

Federal Reserve Bank of Atlanta

As 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.

OUR BANK - The Federal Reserve is the central bank of the United States and is one of the most influential, trusted, and prestigious financial organizations. It consists of twelve Reserve Banks located around the country and the Board of Governors in Washington, D.C. The Federal Reserve Bank of Atlanta territory covers the Sixth Federal Reserve District, which includes Alabama, Florida, and Georgia, and portions of Louisiana, Mississippi, and Tennessee.

The Atlanta Fed and the other Reserve Banks play an important part in all three of the Fed's functions: monetary policy, bank supervision and regulation, and the operation of a nationwide payment system.

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Internships are paid. Summer housing will not be provided. 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 Office of Employee Benefits (OEB), located in Newark, N.J., comprises a staff of 64 professionals who oversee benefit programs for approximately 80,000 current and former employees of the Federal Reserve, and their beneficiaries. The OEB was established in 1934 to administer the Federal Reserve System’s Retirement [pension] Plan. Over time, the OEB's responsibilities have expanded to include additional retirement benefits, health benefits, life insurance, long-term disability, and other personal protection plans.

The OEB's mission is to be a center of excellence, providing leadership in formulating employee benefit programs and operating these programs on behalf of the Reserve Banks, Board of Governors and Consumer Financial Protection Bureau with outstanding customer service, sound and cost-efficient operations, professional expertise, and ongoing innovation.

Summer finance intern at the OEB will be placed into the Finance and Accounting Department and will be involved in projects supporting retirement plans, health and welfare program as well as budget assignments.

The program is extremely competitive, and size is limited. As a summer intern at the OEB, applicants must have a demonstrated interest in business, finance, benefits, human resources, information systems, legal, compliance, communications or a related discipline and a strong academic record. Specific skills may be required depending on area and project. This program is open to rising juniors pursuing a bachelor’s degree.

• Hands-on accounting experience
• Live reconciliations, journal entries, and applicable financial reporting and general ledger work
• Practical applicable of controls (COSO and ICOFR)
• Support automation efforts through testing and build (projects)

• Working knowledge of MS Excel, MS Word, MS PowerPoint;
• Strong analytical and critical thinking skills demonstrated by the ability to assimilate new…