NOTE: This requisition is not an actual job vacancy. This requisition serves to establish a pipeline of interested individuals for current or future opportunities at the Federal Reserve Bank of Philadelphia.
The Consumer Finance Institute seeks a well-trained and motivated intern to support the written research output of its research fellows in a part-time capacity (with possibility of full-time during summer break). The intern's primary responsibility will be to assist research fellows with empirical research into consumer finance topics and to report findings verbally and in written form for inclusion in research papers. The intern will gain experience querying, cleaning, and analyzing very large data sets. Candidates must be a junior or senior undergraduate student; a graduate student; or recent BA/BS graduate in a quantitative discipline such as economics, finance, business administration, applied mathematics, or statistics.
About the Consumer Finance Institute:
Launched in 2017, the Consumer Finance Institute builds on decades of research experience at the Philadelphia Federal Reserve Bank. The mission of this Bank-wide initiative is to produce leading-edge research on how credit markets and payment systems affect the economy. The CFI creates opportunities for scholars, the financial industry, and the public sector to collaborate and share insights on fostering healthy household finances, a stable financial system, and a resilient economy.
The core staff of the CFI consists of 14 individuals, including six Research Fellows. This group produces applied research on consumer finance topics, topical workshops led by regulators, academics, or industry experts, and larger conferences addressing particular questions or developments in the markets for consumer credit and payments. The staff also supports collaboration among researchers and analysts across the Federal Reserve Bank of Philadelphia. Additional information about the CFI is found at
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.
Applicants must be able to provide work authorization to prove their eligibility to work in the United States.
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.
The Federal Reserve Bank of Philadelphia believes that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool. The Federal Reserve Bank of Philadelphia is proud to be an equal opportunity workplace.