Summer Intern, Supervision Regulation & Credit, Risk and Lending Behavior Research

Company

Federal Reserve Bank of Philadelphia

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

What You Will Do:

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.

What You Have:

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. 

Required Skills: 

Experience in Python, Stata, and MS Office Suite

Preferred Competencies:


* 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

Additional Information:

The Federal Reserve Bank of Philadelphia takes your information privacy seriously.

Federal Reserve Bank of Philadelphia staff will only email you from the "@phil.frb.org" domain or through the Workday system "rb@myworkday.com".

If you are initially contacted by phone, feel free to request that the caller provide you with their email address to validate their identity.

If you have any questions about the validity of someone who contacts you regarding this position, please email the Talent Acquisition team at TalentAcquisition@phil.frb.org.

We are an equal opportunity employer committed to hiring the best candidates and to providing equal employment opportunity to all persons without regard to race, color, r...