SCS - Statistics and Analysis Intern - 2027

Federal Reserve Bank of Philadelphia • Cleveland, OH

22h • Onsite

About The Position

The Federal Reserve Bank of Cleveland is seeking innovative thinkers with vision to build the framework that will carry the Bank into the future. Statistics & Analysis is a national business line that provides a range of data management services to support the use and interpretation of information by decisionmakers, including the Federal Reserve, Federal Financial Institutions Examination Council (FFIEC), and the US Treasury. This internship offers valuable experience contributing to work within Statistics & Analysis.

Requirements

• Currently pursuing an undergraduate or graduate degree in Finance, Economics, Business Analytics, Data Science or a related field with a minimum GPA of 3.0.
• Should have at least one semester left to complete in school.
• Strong computer/technical skills required.
• Proficiency with Microsoft Office products, specifically Excel.
• Ability to work in a deadline driven environment and ability to multitask.
• Ability to work both in a group setting and on an individual basis.
• Strong oral and written communication skills.
• Must be a U.S. citizen, permanent resident, or green card holder.
• Must undergo an enhanced background check.
• Must comply with all applicable information handling rules.
• Non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.

Nice To Haves

• Proficiency with SQL or AI/ML is a plus.

Responsibilities

• Develop understanding of the Statistics Function’s mission to collect financial, banking, structure and contextual information; and, the business line’s strategic areas of focus, including automation and data management initiatives.
• Conduct quality assurance on regulatory filings, ensuring data is fit for purpose for stakeholders including Supervision, Monetary Policy and Research.
• Conduct outreach and provide guidance to financial institutions regarding Federal Reserve regulations and reporting instructions to enhance respondent’s understanding of regulatory reporting requirements.
• Help teams identify business process improvements, efficiencies and design and/or implement analytical solutions leveraging emerging technologies (Artificial Intelligence/Machine Learning (AI/ML)).
• Engage in leadership and career development activities for your future.

Benefits

• Hands-On Experience: Gain practical experience and insights into the operations field through real-world projects and challenges.
• Mentorship: Receive guidance and mentorship from experienced professionals who are committed to your development.
• Networking Opportunities: Build connections within the industry and with fellow interns and employees.
• Professional Development: Participate in workshops, training sessions, and seminars designed to enhance your skills and knowledge.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern