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Federal Reserve Bank of San Francisco · 2 weeks ago

Quantitative Fellowship Program - Federal Reserve System

Richmond, VA

Full-time

Onsite

New Grad, Entry Level

Federal Reserve Bank of Minneapolis is offering a two-year rotational program designed to develop candidates with strong analytical skills into full-time quantitative analysts within the Federal Reserve System. The program provides extensive development opportunities and involves performing in-depth assessments of the major risks to which banks and other financial entities are exposed.

BankingFinanceFinancial Services

No H1B

U.S. Citizen Only

Responsibilities

Perform in-depth and rigorous assessments of the major risks to which banks and other financial entities are exposed

Work on-site at multiple Reserve Banks across the Federal Reserve System

Interact directly with financial institutions

Gain valuable cross-firm perspective on modeling challenges

Be involved in helping senior Federal Reserve officials make informed decisions

Participate in a significant training and professional development component

Gain experience in a variety of quantitative topics such as stress test modeling, analyzing financial institution portfolios, and model risk management and validation

Qualification

Quantitative analysisProgramming MatlabProgramming PythonProgramming RProgramming SASProgramming StataData managementModel development/validationCommunication skillsStrategic thinkingCreative thinkingAdaptability

Required

A graduate degree in a quantitative discipline such as economics, engineering, mathematics, quantitative finance, statistics, or data science

An excellent academic record

Experience programming in languages such as Matlab, Python, R, SAS, or Stata

Ability to manage and analyze large data sets

Experience in developing or validating mathematical or statistical models

Ability to present technical issues to nontechnical audiences and to clearly articulate findings verbally and in writing

Willingness to travel throughout the duration of the program

Meet the Protected Individual requirement. See Note 1

Company

Federal Reserve Bank of San Francisco

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We are the Federal Reserve Bank of San Francisco—public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans.

Founded in 1913