Summer Intern, Supervision Regulation & Credit, Risk and Lending Behavior Research
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. Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth! The Federal Reserve Bank of Philadelphia is seeking a PhD level or graduate student with preferred majors in Economics, Finance, or Public Policy. This opening requires an on-site presence. The work schedule is Monday – Friday (40 hours per week). This is a 10-week paid internship. The hourly rate for this position is as follows: $28.00- graduate level student $32.00 - PhD level student
Requirements
- A master’s or PhD student pursuing a degree related to Economics, Finance, or Public Policy. Other fields related to the ones listed are also encouraged to apply.
- Experience in Python, Stata, and MS Office Suite
Nice To Haves
- Verbal and written communication skills
- Problem solving skills
- Attention to detail is needed to make sure that the data work has been performed correctly
- Organizational skills to annotate and document their work such that others can pick up where the project left off
- Ability to work well independently with little supervision, the project manager will be available to assist
- Strong presentation and communication skills to share what they have completed concisely and effectively
Responsibilities
- You will support potentially more than one analytical project that aims at understanding banks’ risk taking and lending behavior within the RADAR (Risk Assessment, Data Analysis, and Research) team at FRB-Philadelphia.
- The projects will involve the usage of large datasets at the individual loan-level and thus requires strong data and analytical skills.
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What This Job Offers
Job Type
Part-time
Career Level
Intern
Number of Employees
501-1,000 employees
