Summer Internship - SRC Student Loans Project
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 bank 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.
The Federal Reserve Bank of Philadelphia is seeking a senior or graduate level or Ph.D. level college student for a summer internship for the RADAR Supervisory Modeling Teams business line. The group has been working on a project on student loans with the help of last year's intern. We used data from Equifax , FRBNY CC. We asked to what extend do student loans increase the default rate of credit cards. This internship will take over this work on analyzing the trends by age of Student Loans, conditional on other kinds of debts. The work content will be strongly quantitative and statistical.
Required Skills:
- Knowledge of STATA
Preferred Skills:
- Have initiative, creativity and motivation.
Certain eligibility rules apply.
Background investigations including drug testing are required for all new hires as a condition of employment, after the job offer is made. Employment may not begin until the Bank accepts the results of the background investigation.
Applicants must be able to provide work authorization to prove their eligibility to work in the United States. An applicant for employment also must be a U.S. Citizen, U.S. National or hold a permanent resident/green card with intent to become a U.S. Citizen.
