Internship

Senior Intern

Economic Research

Posted on 11/7/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

No H1B Sponsorship

Dallas, TX, USA

Hybrid position.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Python
R
MATLAB
Word/Pages/Docs
Stata
Data Analysis
Excel/Numbers/Sheets

You match the following The Federal Reserve System's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Completed your Senior year with coursework in economics, statistics, econometrics, mathematics, and computer science and with a GPA of 3.5 or higher
  • A copy of your current transcripts is required to be considered for this position
  • Basic knowledge of programming in a package such as STATA, R, Python or Matlab
  • Proficiency in Microsoft Word, Excel, PowerPoint, Outlook, and SharePoint
  • Basic knowledge and understanding of economic variables and their interrelationships
  • Knowledge of the purpose and nature of specific data sets requested by economists
  • Understanding of econometric techniques that facilitate interpretation and use of data in economic analysis
  • Past research experience (with a professor or research organization)
  • Strong writing and verbal communication skills
  • Ability to work in a team setting
  • Equivalent education and/or experience may be substituted for any of the above requirements
Responsibilities
  • Assist economist(s) in one of Research’s groups (macroeconomics, international, regional, energy, or banking and finance) in their academic research and/or policy analysis
  • Learning and summarizing recent and relevant research and analysis
  • Locating, obtaining, and compiling statistical data
  • Constructing files and producing charts and other graphics
  • Replicating previous research on a relevant topic
  • Performing statistical and econometric analysis under the direction of economists
  • Learning and solving (on the computer) theoretical models of the macroeconomy, international trade, or banking
  • Contributing ideas and suggestions for project improvement
  • Sharing knowledge and providing advice to research assistants (RAs) and other interns on economic issues and assignments
The Federal Reserve System

The Federal Reserve System

View

The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. Additionally, the Federal Reserve supervises and regulates banks and bank holding companies to ensure a safe and sound banking system. It also provides essential financial services to banks and the U.S. government. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its goals. The primary aim of the Federal Reserve is to foster a strong economy and maintain a stable financial system, ultimately benefiting the public and the global economy.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

1913

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased focus on digital currency enhances regulatory capabilities.
  • Interest on Excess Reserves aids in effective interest rate management.
  • FedNow system modernizes U.S. payment infrastructure, improving efficiency.

What critics are saying

  • Litigation challenges the Fed's stress-testing framework.
  • Leadership gaps may affect oversight on crypto regulations.
  • Slow FedNow adoption could hinder payment infrastructure modernization.

What makes The Federal Reserve System unique

  • The Federal Reserve is the central bank of the United States.
  • It plays a crucial role in formulating national monetary policy.
  • The Fed supervises and regulates banks and bank holding companies.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Paid Holidays

Pet Insurance

Wellness Program

INACTIVE