PhD Intern

Company

Federal Reserve Bank of New York

The PhD Intern program allows interns to participate as members of the research community while engaged in a research project of their own choosing.

They are expected to work independently and will be mentored by experienced economists both on scientific issues, and career issues such as negotiating publications, the job market, and advancement strategies.

They are encouraged to attend seminars and present at least one research seminar at the during their time at the Bank.

The PhD interns are typically either postdocs or graduate students at the dissertation stage.

Role Description
Experienced: Acts as a seasoned individual contributor.

Works independently with limited supervision, and may manage projects/processes.

Coaches and reviews the work of other professionals.

Faces problems that are difficult and sometimes complex.

Influences others regarding policies, practices, and procedures.

Tactical (40%) –focused on the plans to achieve goals and objectives –the “how”, Transactional (60%) –carries out defined steps or processes.
Achieves operational targets with significant impact on departmental results.

Works independently on larger, complex projects/ assignment.

Manages entire projects or processes within their job area.

Performs work under intermittent supervision with significant autonomy and discretion; plans and arranges short-term work.

Meets less clearly defined goals.
Communicates with parties within and outside of their own function, which may include external organizations.

Influences parties within and outside of their function at an operational level regarding policies, procedures, and practices.
Requires higher knowledge of their job area.

Has practical knowledge of project and process management.

Experienced understanding of business line and of specialized discipline and an understanding of the overall Bank.
Provides resolution to a diverse range of recognizable complex problems.

Analysis is required to identify root cause.

Uses judgment within defined boundaries to develop alternate solutions, both long and short term.

Problem/Task resolution timeframe: Inclusive of shorter timeframes, but typically the majority of tasks take three to six months to resolve.

Job Summary
[The PhD Intern program allows interns to participate as members of the research community while engaged in a research project of their own choosing.

They are expected to work independently and will be mentored by experienced economists both on scientific issues, and career issues such as negotiating publications, the job market, and advancement strategies.

They are encouraged to attend seminars and present at least one research seminar at the during their time at the Bank.

The PhD interns are typically either postdocs or graduate students at the dissertation stage.]

Core Responsibilities
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Work independently and will be mentored by experienced economists both on scientific issues, and career issues such as ...