The Banknote Issuance and Cash Operations (BICO) Section supports the Board in meeting its statutory responsibilities under the Federal Reserve Act to issue notes, and oversees the Reserve Banks’ provision of currency and coin to depository institutions. The program determines the new currency print order, plans and executes the issuance and shipments of new currency from the Bureau of Engraving and Printing to the Reserve Banks and shipments of fit currency among the Reserve Bank offices, and develops and manages the annual new-currency budget. The program also assists the Board, the Cash Product Office, the Reserve Banks, and Treasury in the formulation of policy related to currency and coin. The BICO intern will work with District liaisons to gain an understanding of the Cash operations, analyze data and create dashboards to present such data, conduct research supporting initiatives, and participate and/shadow the oversight of Cash programs in the System. The intern will also have the opportunity to lead team meetings and attend skills development workshops. At the end of their internship, the BICO intern will have the latitude to create and present on a topic of their choosing. Typically, these presentations focus on an improvement project for BICO staff consideration.
Competencies/Learning Objectives: Action-oriented, learning on the fly, presentation and oversight skills
Suggested Major/Minor: Public Administration, Accounting, Communications, Finance, Economics, or a related field
Required Skills and Knowledge: Proficient in research methods, data analysis, accounting, and all Microsoft Office applications
Preferred Skills: Experience with Excel, dashboard creations, and data visualization tools
Required Documents: Resume, cover letter, and unofficial transcript
This internship can be completed virtually. US Citizenship is required for all Board internships and applicants must be current students, graduating from their program fall 2022 or later.
Full vaccination is required as a condition of employment, unless a legally required exception applies.
Learn more about our internship program: https://www.federalreserve.gov/careers-internships.htm
Keywords: #communications, #research, #data analytics, #data visualization, #dashboards