Discover Analyst Program June 2025

Posted 10 Days Ago
Be an Early Applicant
Richmond, VA
60K Annually
Entry level
Fintech • Payments • Financial Services
The Role
Join the Federal Reserve Bank's Discover Analyst Program, a two-year rotational experience focusing on quantitative analytics, project management, and leadership development. You will perform analyses, support process improvements, and collaborate with various business areas while receiving mentorship and training.
Summary Generated by Built In

CompanyFederal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team for our future.
Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance.

The Richmond Fed is now hiring for our Discover rotational program with start dates in January and June 2025. This two year program is designed to challenge the best and brightest and prepares individuals for robust careers at the Bank.
You will work on assignments that range from quantitative analytics and logistics to creative projects. In Discover, you’ll use leadership and project management skills and passion for problem solving to support the Bank’s most strategic priorities. In addition to specific business area tasks, you will receive targeted leadership training, mentorship and exclusive networking opportunities. Your first year will be spent with one assigned business area, and you will transition into a second assigned business area for your second year.

What You Will Do: 

  • Utilize established methods and tools to perform moderately complex analyses of business and technology issues

  • Work with clients and other resources to assess current capabilities, identify customer needs and assist in recommendation process improvements 

  • Provide support in gathering, analyzing and compiling information from end-users and stakeholders to ensure processes, software and/or applications meet business requirements 

  • Contribute to process improvement and solution discussions, may present outcomes to management 

  • May participate in cross-functional team initiatives, process improvement and/or technology-based projects 

  • Escalate non-routine or unusual problems to higher level support staff as appropriate 

Qualifications

  • Degree or advanced certification in the following areas: Computer Science, Information Systems, Accounting, Finance, Business, Economics, Data Analytics or areas with a STEM (Science, Technology, Engineering, Math) focused curriculum

  • Experience with any of the following: Microsoft platforms, SharePoint, Tableau, Agile, Scrum, Cloud

  • Demonstrated leadership ability

  • Strong project management skills, including organization, planning and execution, analytical and problem solving skills 

  • Communication and interpersonal skills, including the ability to work effectively in a team environment

  • Demonstrated intellectual curiosity; the associate is expected to gain knowledge about their role, business function and Bank 

Discover the Reason Why So Many People Love It Here!  

When you join the Richmond Fed, not only will you find a challenging and purposeful career, you’ll also have access to a wide range of benefits and perks that support your health and wealth, including:

  • Great medical benefits 

  • Pension and 401(k) with employer match 

  • Generous paid time off 

  • Tuition reimbursement 

  • Employee resource networks 

  • Paid volunteer leave 

  • Flexible work options 

  • Onsite amenities that make working here fun 

Other Requirements and Considerations:

  • Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.

  • If you need assistance or an accommodation due to a disability, please notify [email protected].

  • Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.).

  • Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information.

  • The salary for this role is $60,000 annually.

  • This position will report to the Richmond, VA office on a hybrid basis.

  • Applications are reviewed on a rolling basis.

The Federal Reserve Bank of Richmond provides equal opportunity to all individuals without regard to race, sex, color, religion, gender identity or expression, sexual orientation, national origin, age, disability, or genetic information. 


Full Time / Part TimeFull time

Regular / TemporaryRegular

Job Exempt (Yes / No)No

Job CategoryAnalytical

Work ShiftFirst (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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 (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

Privacy Notice

Top Skills

Accounting
Business
Computer Science
Data Analytics
Economics
Finance
Information Systems
The Company
Kansas City, MO
2,289 Employees
On-site Workplace

What We Do

This page is dedicated to Federal Reserve System career and employment related information only. Comments not pertaining to Fed recruiting will be removed.

The Fed - Make a world of difference in the global economy

OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

Why Our People Choose Us:

Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful

We hope that you will be our future colleague.

Find your preferred locations around the United States and explore the breadth of opportunity available at the Federal Reserve.

Atlanta https://www.frbatlanta.org/
Boston http://www.bostonfed.org/
Chicago https://www.chicagofed.org/
Cleveland https://www.clevelandfed.org/
Dallas http://dallasfed.org/
Kansas City https://www.kansascityfed.org/
Minneapolis https://www.minneapolisfed.org/
New York http://www.newyorkfed.org/
Philadelphia https://www.philadelphiafed.org/
Richmond https://www.richmondfed.org/
San Francisco http://www.frbsf.org/
St. Louis https://www.stlouisfed.org/
Board http://www.federalreserve.gov/

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