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Federal Reserve Bank of Philadelphia · 1 week ago

Summer Intern - Supervision & Regulation

Philadelphia, PA

Internship

Onsite

Intern

$28/hr - $32/hr

The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that make up the Federal Reserve System, focusing on monetary policy and financial services. They are seeking a PhD level or graduate student for a 10-week paid internship to work on a research project related to bank holding company projections of interest income on loans.

Financial Services

Responsibilities

You will be working on a research project to better understand bank holding company projections of interest income on loans

The project will help identify cross-institution patterns and institution-specific idiosyncrasies that can help improve understanding of the factors that drive interest income on loans

The intern will engage with other staff using similar datasets to understand the issues, document findings, and provide recommendations that can support future modelers

Qualification

StataR programmingQuantitative skillsFinancial statements knowledgeRegulatory reporting knowledgeVerbal communicationWritten communicationProblem solvingAttention to detailOrganizational skillsIndependent workPresentation skills

Required

A master's or PhD student pursuing a degree related to Economics or Finance

Experience in Stata, R programming and MS Office Suite

Strong quantitative skills in areas of econometrics and statistics

Preferred

Knowledge of financial statements, or regulatory reporting (i.e. Call Report and FR Y-9C)

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

Company

Federal Reserve Bank of Philadelphia

Glassdoor4.0

The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies, and provides financial services to depository institutions and the federal government.

Founded in 1914

Philadelphia, PA, US

501-1000 employees

http://www.philadelphiafed.org

Funding

Current Stage

Late Stage

Leadership Team

Jeanne Rentezelas

First Vice President & COO

Gail Baker, PHR

Talent Acquisition Partner

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