Summer Internship – Research Department – Regional (Onsite)

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 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!

The Federal Reserve Bank of Philadelphia is seeking an undergraduate level (Sophomore, Junior, Senior or Recent college graduate) with a preferred major in Economics, Quantitative Social Science or History.  The intern must have experience and interests in both quantitative social sciences and history.  This opening will be onsite and may be eligible to work in a hybrid capacity on an as needed basis.  The work schedule is Monday – Friday (40 hour per week).  This is a 10-week paid internship.  The hourly rate for this position is $22.00 per hour.  

NOTE:  This intern will be supporting 2 Economists

Projects:

• Support creating database of vehicle registrations covering 1900-2019. The primary tasks include finding, researching, and requesting historical sources of vehicle data, digitizing these documents if not already digitized, and performing quality control and cleaning.
• Creating economic data to study housing affordability, particularly wages for public sector jobs.
• Support data construction for a project studying the reversal of the Chicago River.
• May assist with other projects as needed.

Required Skills:

• Microsoft office suite fluency required.
• Knowledgeable with R, Stata, and/or Python preferred.
• Organization and attention to detail are essential.
• Sitting at a computer for long periods of time, potentially scanning documents and visiting archives

Preferred Competencies:

Good written and communications skills

Attention to details

Good organizational skills

Ability to work individually and with teams

Flexibility to manage multiple priorities

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.

• The Federal Reserve Bank of Philadelphia believes that diversity, equity and inclusion among our employees is essential to our success as an organization, and we want to recruit, develop and retain the most accomplished people from a diverse candidate pool. To support a workplace culture of belonging, we offer nine employee resource groups (ERGs) and a 100 percent rating on the Human Rights Campaign (HRC) Corporate Equality Index. The Federal Reserve Bank of Philadelphia is proud to be an equal opportunity workplace.

• We have nine employee resource groups (ERGs) to support a diverse workforce. Abilities (supporting disabilities and allies), African Heritage, Asian-Pacific, Freedom (supporting LQBTQ+ and allies), Talent Forward (supporting career growth), Women United, Latin and Hispanic Heritage, Working Families and Veterans. ERGs are open to all employees.

• 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 securiti