Spring Co-op: Digital Money & Payments R&D

About the role

This Spring co‑op supports the Federal Reserve System’s research and development on the future of money and payments. You will join a world‑class team exploring digital currency, tokenized assets, smart contracts, wholesale settlement services, ledger design, and advanced cryptography.

Key responsibilities

• Interface with stakeholders across the Federal Reserve System and the Board of Governors to advance product and engineering outcomes.
• Collaborate with internal teams such as Legal, Audit, Finance, and Procurement to identify and mitigate risks.
• Design and implement process improvements that increase team efficiency.
• Build reports and presentations for senior management.
• Support agile delivery practices, including PI planning and sprint execution.

Required profile

• Open to undergraduate or graduate students in fields like economics, finance, law, engineering, or related disciplines.
• Excellent project‑management capabilities and strong written/oral communication skills.
• Highly self‑motivated, initiative‑driven, and able to work well in a team.

Required skills

• Proficient use of Microsoft Office suite (Word, Excel, PowerPoint).
• Basic coding ability and familiarity with big‑data concepts.

What we offer

• Compensation ranging from $18 to $36 per hour, based on education level and experience.
• Transparent salary policy and the opportunity to work on cutting‑edge financial technology in a supportive, innovative environment.