Summer Intern - Research

Federal Reserve Bank of PhiladelphiaPhiladelphia, PA
15hOnsite

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 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 is seeking a graduate level student for a summer internship in the bank’s Community Development Regional Outreach department. Students majoring in Economics, Real Estate, Finance, and other related studies will be preferred. Internships are generally a 10-week program. The hourly rate for this position is as follows: $23.00 per hour for undergraduate students. $28.00 per hour for graduate students. $32.00 per hour for PhD students. You will primarily support the department’s research projects related to housing and access to credit, responsibilities include literature review, empirical analysis, and writing/editing draft reports. You will support research projects on investors' activities across Pennsylvania's diverse real estate landscape using large-scale public record data. Responsibilities include literature review, empirical analysis, and writing/editing draft reports. You may also be responsible for assisting the department’s other ongoing projects related to property insurance, housing, and access to credit and events.

Requirements

  • Strong programming skills in languages such as R, Python, SAS, or STATA
  • Experience working with large datasets in housing or consumer finance
  • Ability to write clearly and communicate technical concepts to lay audiences
  • Proficient in Microsoft Office Suite (Outlook, Excel, Word, PowerPoint)

Nice To Haves

  • Experience with ArcGIS is a plus

Responsibilities

  • support research projects on investors' activities across Pennsylvania's diverse real estate landscape using large-scale public record data
  • literature review
  • empirical analysis
  • writing/editing draft reports
  • assisting the department’s other ongoing projects related to property insurance, housing, and access to credit and events
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