TechLab CS Internship (Summer 2021)

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Federal Reserve Bank

About the Company:

The TechLab team represents a cross-section of Federal Reserve Board and Federal Reserve Bank staff who research and analyze new technologies broadly relevant to digital currencies and other payment, clearing, and settlement (PCS) activities. The team conducts hands-on research to further the Federal Reserve’s understanding of specific payments technologies, broaden technical expertise across the Federal Reserve System, and support development of policy views and oversight frameworks for new technologies. The team contributes to the Board’s broader fintech and digital innovations work.

Position Description:

The Payment Systems Studies team in our Reserve Bank Operations & Payment Systems division seeks two (2) highly motivated computer science students to join its TechLab as computer science interns for the summer. They will support the TechLab’s ongoing digital currencies experimentation work. This is a 10-12 week, 40-hr per week experience for summer 2021.


Position Requirements

-Current undergraduate or graduate student in computer science

-Excellent collaboration and people skills

-Excellent written and verbal communications skills

-Working knowledge of computer networking concepts

-Excellent programming skills, preferably in JavaScript, C++, and Python

Application Materials (must attach/submit all to be considered)


-Recommendation letter from a professor with knowledge of the student’s academic performance. To keep your letter confidential, your recommender can send it to (Subject: TechLab Recommendation Letter) and we will attach it to your profile for review by the hiring team.

-Cover letter explaining how the internship will contribute to the student’s professional goals and how the student will contribute to the Board’s work

Position Duties:

Potential projects will focus on topics such as distributed ledgers, digital objects, digital identities, cryptography, programming language interoperability, data storage, cybersecurity, information technology (IT) hardware, and hosting conventions. Projects will also depend on the interns’ knowledge base and interests. The TechLab expects interns to contribute written work and code product as part of their assignments.

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