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!

Job Summary:
The Federal Reserve Bank of Philadelphia is seeking a graduate or advanced undergraduate student with preferred majors in Economics, Statistics, or Data Science. This opening requires the selected candidate to be in office four times a week with one day working remotely.

The work schedule is Monday – Friday (40 hour per week). This is a 10-week paid internship. The hourly rate for this position is $23.00-$28.00 per hour depending on the candidate's education.

What You Will Do:

The intern will assist with research focused on financial risks to banks. The RADAR (Risk Assessment, Data Analysis, and Research) team at FRB-Philadelphia provides data and analytics to advance banking supervisory work. The intern will work on all aspects of research, including cleaning, preparing, and analyzing data, running empirical tests, and writing the results. This is an excellent opportunity to support the mission of the Federal Reserve and gain valuable research experience.

What You Have:

A rising junior or senior undergraduate, or master’s student pursuing a degree related to Economics, Statistics, or Data Science. Other fields related to the ones listed are also encouraged to apply. 

Required Skills: 

Strong econometrics and coding skills

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  

Full Time / Part Time

Part time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Work Shift

First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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