Summer Intern – Supervision & Regulation – Retail Consumer Credit Panel
Company | The Federal Reserve System |
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Location | Philadelphia, PA, USA |
Salary | $22 – $30 |
Type | Internship |
Degrees | Master’s, PhD |
Experience Level | Internship |
Requirements
- Graduate or PhD level professional studying areas in economics, finance, statistics, or applied mathematics majors are preferred
- Familiar with at least one statistical/programming software such as Python, R, SAS, and MATLAB
Responsibilities
- Assist on a research project that studies how credit card utilization and revolving behavior can be leading indicators of credit delinquency using the new consumer credit panel (CCP data)
- Perform a thorough review of relevant literature
- Become familiar with the CCP data
- Perform data queries, data cleaning and merges, regression analysis, and forecasting exercises
- Prepare all supporting documents, such as code, procedures and instructions, to ensure full knowledge retention and transfer
- Prepare a presentation on their findings and present this to the FRB as the capstone to this internship.
Preferred Qualifications
- Excellent problem-solving, communication, and presentation skills
- Strong technical writing skills