Intern, CFI (Consumer Finance Institute) - Evergreen Requisition

Federal Reserve SystemPhiladelphia, PA
35d

About The Position

The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware. The Federal Reserve Bank of Philadelphia's Consumer Finance Institute (CFI) is seeking a paid Intern to work with our team. The hourly rate for this position is $23.00 per hour for undergraduate students, $28.00 for graduate students and $32.00 for PhD level students. The Consumer Finance Institute seeks a well-trained and motivated research intern to support the written and statistical research output of its research fellows in a part-time capacity (with full-time possible during summer). Your primary responsibility will be to assist research fellows with empirical research into consumer finance topics and to report findings verbally and in written form for inclusion in research papers. You will gain experience querying, cleaning, and analyzing very large data sets. Candidates must be a junior or senior undergraduate student; a graduate student; or recent BA/BS/MS graduate; or a PhD student in a quantitative discipline such as economics, computer science, engineering, mathematics, or statistics. Precise job role and work will be tailored to candidate's experience.

Requirements

  • Candidates should have demonstrated research capacity as evidenced by research papers or research assistance employing statistical and/or econometric analysis.
  • Successful applicants will have taken three or more courses in statistics, econometrics, and economics and should be familiar with statistical software such as Stata, R, or Python.
  • Candidates should also be proficient with the MS Office suite.
  • Candidates must be a junior or senior undergraduate student; a graduate student; or recent BA/BS/MS graduate; or a PhD student in a quantitative discipline such as economics, computer science, engineering, mathematics, or statistics.

Nice To Haves

  • Experience with SQL or Spark a plus.
  • The ideal candidate will be highly motivated; will possess strong oral and written communication skills.

Responsibilities

  • assist research fellows with empirical research into consumer finance topics
  • report findings verbally and in written form for inclusion in research papers
  • gain experience querying, cleaning, and analyzing very large data sets
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