The Federal Reserve Bank of Philadelphia is seeking a rising Junior or Senior undergraduate student, for a summer/school year intern in the Research Department. Students majoring in Economics may be considered.
This is a paid internship (Monday - Friday, 40 hours per week) for our summer internship program (typically 10 weeks) and up to 20 hours a week during the academic school year. The hourly rate for this position is $23.00 per hour. This position requires an on-site presence.
Skillset/Job Requirements:
This position involves working with business surveys for the regional economics section of the Research Department. This section is responsible for evaluating regional data using published sources as well as gathering information from the department’s own regional business surveys. The successful candidate will gain exposure to survey research including our Manufacturing Business Outlook Survey, which is nationally recognized and has run for over 50 years. The work involves learning about various aspects of survey production (including compilation of survey questions, data collection, and analysis); improving data quality; and maintenance of a panel data set.
As time permits (and our needs dictate), the intern may be asked to assist in discrete tasks on other Regional Economic Analysis Team projects. The intern will also have the opportunity to participate in research department seminars and meetings of the regional economics group.
Technical Skills:
Intern will be working with data and data manipulation are essential. (e.g., experience with advanced capabilities in Excel, STATA, or Access).
Experience with programming skills.
Knowledge of R would be very helpful.
Experience/familiarity with statistical/econometric software would be a plus.
Soft Skills:
The candidate should demonstrate strong attention to detail, organizational skills, initiative, and substantive communication skills.
Physical Requirements:
Candidate may be sitting at a computer for long periods of time.
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, 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 TalentAcquisition@phil.frb.org.
All Federal Reserve Bank of Philadelphia employees must comply with the Bank's 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
Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
You will be required to complete a background investigation including drug testing as a condition of employment, after the job offer is made. Candidates for positions deemed as "safety sensitive" will also be drug screened for the presence of marijuana. Any hiring decision based on a background investigation will be made following an individualized assessment that is job-related and consistent with business necessity and applicable law. 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.
By applying to this position, you agree you will be available to work on-site in a full-time capacity.
Learn more about the Philly Fed and its culture. Learn more about working for the Philly Fed.
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