Summer Intern Supervision Regulation Retail Consumer Credit Panel
Summer Intern Supervision Regulation Retail Consumer Credit Panel
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 26 - 30
1 Vacancy
Job Description
Company
Federal Reserve Bank of PhiladelphiaThe 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 well provide the opportunities that will challenge you and propel your growth!
Job Summary:
The Federal Reserve Bank of Philadelphia is seeking a PhD level or graduate student with preferred majors in economics finance statistics or applied opening is hybrid where the intern comes into the office 23 times a week to work with the project manager but working fully remote will also be permissible.
The work schedule is Monday Friday 40 hour per week). This is a 10week paid internship. The hourly rate for this position is $26.00$30.00 per hour depending on the candidates education.
What You Will Do
Intern Projects
The intern will assist on a research project that studies how credit card utilization and revolving behavior can be leading indicators of credit delinquency using the new consumer credit panel (CCP data).
Project timeline:
Phase 1 (Weeks 12: Perform a thorough review of relevant literature
Phase 2 (Weeks 35: Become familiar with the CCP data
Phase 3 (Week 6: Perform data queries data cleaning and merges regression analysis and forecasting exercises
Phase 4 (Weeks 79: Prepare all supporting documents such as code procedures and instructions to ensure full knowledge retention and transfer
Phase 5 (Week 10: The intern will prepare a presentation on their findings and present this to the FRB as the capstone to this internship.
What You Have:
Graduate or PhD level professional studying areas in economics finance statistics or applied mathematics majors are preferred
Required Skills:
Familiar with at least one statistical/programming software such as Python R SAS and MATLAB
Preferred Competencies:
Excellent problemsolving communication and presentation skills
Strong technical writing skills
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 @ domain or through the Workday system 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
- 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 religion sex pregnancy national origin age genetic information disability military service or any other basis protected by law.
- We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process to perform essential job responsibilities and to receive other benefits and privileges of employment. If you need assistance or an accommodation due to a disability please email us at
- All Federal Reserve Bank of Philadelphia employees must comply with the Banks ethics rules which generally prohibit employees their spouses/domestic partners and minor children from owning securities such as stock of banks or savings associations or their affiliates such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment you should raise this issue with the Recruiter for this posting who can provide you contact information for our ethics officer if necessary. You should review the Banks Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
- Background investigations and drug testing are required for all new hires as a condition of employment after the job offer is made. Candidates for positions deemed as safety sensitive will also be screened for the presence of . Employment may not begin until the Bank accepts the results of the background investigation.
- All employees will be subject to FBI fingerprint / criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
- Certain eligibility rules apply. You will provide work authorization to prove your eligibility to work in the United States.
- The above statements are intended to describe the general nature level of work and the requirements of this position. They are not intended to be an exhaustive list of all responsibilities associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position management reserves the right to revise this or any job description at its discretion at any time.
- This is NOT a 100 remote opportunity. You will be available to work onsite in at least a hybrid capacity.
- Learn more about the Philly Fed and its culture. Learn more about working for the Philly Fed.
Full Time / Part Time
Part timeRegular / Temporary
TemporaryJob Exempt (Yes / No)
NoJob 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 or through verified Federal Reserve Bank social media channels.
Required Experience:
Intern
Employment Type
Part-Time
