Summer 2026 Graduate Internship Consumer Affairs Examiner
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Job Location:
Minneapolis, MN - USA
Monthly Salary:
Not Disclosed
Posted on:
6 hours ago
Vacancies:
1 Vacancy
Job Summary
Company
Federal Reserve Bank of MinneapolisThe Federal Reserve Bank of Minneapolis Graduate Intern Program (Program) in Supervision Regulation and Credit (SRC) is intended to introduce Graduate students to the Banking Supervision function and the broader Federal Reserve System. SRC is responsible for the supervision of bank holding companies state member banks and foreign banking organizations. This internship is a part of the Consumer Affairs department in SRC which focuses on supervised institutions compliance with consumer protection laws and regulations. The Consumer Affairs department also evaluates the supervised institutions ability to meet the credit needs of its community under the Community Reinvestment Act (CRA).Internship Hourly Wage: $27.00
We are looking for students who are willing to work 40 hours/week for 12 weeks beginning June 1 2026. This position requires a regular on-site presence.
The SRC Program provides an opportunity to work in an intellectually stimulating and collaborative environment to engage in meaningful public service and to interact with supervision staff at the Federal Reserve Bank of Minneapolis and across the Federal Reserve System. Interns will receive on-the-job mentoring and professional development as they engage in job duties.
The SRC Program provides summer interns with the opportunity to enhance essential business skills and develop an understanding of the Federal Reserves role in the supervision of financial institutions. You may review risk management practices operational controls financial condition and/or compliance with banking laws and addition to working within SRC interns working in the Program can participate in Bank-wide professional development activities and network with other intern cohorts.
Program Description:
- Assist in reviewing consumer complaints against supervised institutions including gathering facts researching regulatory requirements and analyzing the institutions adherence with consumer compliance laws regulations and regulatory policies with a particular focus on complaints alleging concerns with fair lending laws and regulations as well as unfair and deceptive acts and practices (UDAP).
- Assist with compliance and CRA supervisory work focusing on the assessment of compliance risk the adequacy of risk management systems and operational controls and the evaluation of an institutions CRA-related activities.
- Draft organize and verify workpapers and related documents with guidance from more experienced examiners.
- Perform financial analysis conduct financial industry research and explore emerging banking topics as needed.
- Participate in internal networking and mentorship opportunities with SRC and bank staff.
- Observe and participate in relevant meetings to gain an extensive overview of the department and critical examination issues.
- Responsibly handle highly sensitive and confidential information.
Required Qualifications:
- Currently enrolled in and actively pursuing a graduate degree such as a JD or MBA with a strong academic record in the program.
- Strong written verbal and interpersonal communication skills.
- Ability to work collaboratively within a team.
- Meet Protected Individual requirements.
- Able to work 40 hours per week throughout the duration of the 12-week internship program starting in June 2026.
- Ability to work onsite is an essential function of this position and you are expected to be in the office 5 days per week for meetings and team collaboration.
Additional Preferred Qualifications (Not Required):
- Knowledge of the financial services or banking industry.
- Knowledge of consumer compliance laws regulations and risk management practices.
- Knowledge of the Community Reinvestment Act.
This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens lawful permanent residents individuals who meet the definition of protected individual under 8 U.S.C. 1324b(a)(3) and certain other nonimmigrants. Candidates who are not U.S. citizens must sign a declaration of intent to expeditiously become a U.S. citizen when eligible.
Please note: We do NOT provide relocation assistance housing travel reimbursement or sponsorship.
The Minneapolis Fed is committed to fostering an environment where all employees are respected and valued. We provide equal employment opportunity to all persons and we work together to pursue an economy that works for all of us.
Full Time / Part Time
Full timeRegular / Temporary
TemporaryJob Exempt (Yes / No)
NoJob Category
Internship Family GroupWork 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 ( or through verified Federal Reserve Bank social media channels.
Required Experience:
Intern
Key Skills
- Auditing
- GAAP
- Military Experience
- Phlebotomy
- Conflict Management
- Vital Signs Experience
- Computer Forensics
- Research Experience
- Securities Law
- Operating Systems
- PTSD Care
- RMF
About Company
One of 12 regional banks in the Federal Reserve System, the Federal Reserve Bank of Kansas City oversees system member banks and bank holding companies in Colorado, Kansas, Nebraska, northern New Mexico, Oklahoma, western Missouri, and Wyoming. The bank also has branch offices in Denv ... View more
