Consumer Finance Institute – Senior Research Assistant (Evergreen)

Company

Federal Reserve Bank of Philadelphia

Job Summary:

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.

The Consumer Finance Institute (CFI) seeks a well-trained and motivated senior research assistant to support the research of its staff and visiting scholars.

This position affords many opportunities to increase your knowledge of economics, markets, public policy and empirical techniques.

There are a number of potential training and education opportunities, including courses in computer software and programming languages, as well as undergraduate and graduate courses in economics, statistics, and mathematics.

With experience, demonstrated skills, and under the guidance of more senior staff, this position may offer opportunities to pursue self-directed research resulting in authored or coauthored reports.

RAs typically work at the Philadelphia Fed for three years before continuing on to graduate programs or other careers in economics or related fields.

Working at the Philadelphia Fed is a rewarding experience, whichever career path you may ultimately choose to pursue.

Previous Senior Research Assistants have gone on to top graduate schools in economics and business.

Some have found opportunities in other departments in the Bank.

Others have found advanced positions in consulting, industry and at other Reserve Banks.

The job description below reflects the higher level of a dual grade job posting.

 Candidates who possess a slightly lower level of experience, education, or qualifications may also be considered.

Job Description:

You will perform advanced statistical and quantitative analyses.

You will also develop and manage databases as well as content for internal and external web sites.

You will have an undergraduate or graduate degree in a quantitative discipline such as economics, finance, mathematics, statistics, physics, engineering or computer science.

You will have two or more years of demonstrated programming skills as well as strong written and oral communication skills.

You will have moderate familiarity with data and literature related to consumer credit and payments.

You will be highly motivated and have self-driven project management skills. 

You will have taken two or more courses in statistics, econometrics or mathematics.

Experience using statistical programs such as R, Stata, Python required.

Familiarity with database software (e.g.

SQL, Hive/Postgres), mapping software (e.g.

ArcGIS) and Hadoop/Spark is preferred.

You should be proficient with the MS Office suite.

The...