Summer Intern - Research

Federal Reserve System • Philadelphia, PA

2d • Onsite

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.

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).
• All Federal Reserve Bank of Philadelphia employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies.
• You will be required to complete a background investigation including drug testing as a condition of employment, after the job offer is made.
• Candidates for positions deemed as "safety sensitive" will also be drug screened for the presence of marijuana.
• You will provide work authorization to prove your eligibility to work in the United States.

Nice To Haves

• Experience with ArcGIS is a plus.

Responsibilities

• 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.

What This Job Offers

• Job Type: Part-time
• Career Level: Intern
• Education Level: No Education Listed
• Number of Employees: 501-1,000 employees