Summer 2024 Sophomore Intern - Economic Research - Federal Reserve Bank (FRB)

Company

Federal Reserve Bank of Dallas

We are dedicated to serving the public by promoting a strong financial system and a healthy economy for all. These efforts take a team of dedicated individuals doing many different jobs. Together we’re creating a workplace where talented people can thrive, and we welcome your unique background and perspective to help present the best possible solutions for our partners.

Location: #LI-Hybrid

ABOUT THE DALLAS FED:

At the Dallas Fed we serve the public by partnering with communities and businesses, promoting jobs and stable prices, and keeping your money safe and available. We welcome different perspectives, ideas, and experiences, and are committed to maintaining an inclusive and diverse culture. As part of the nation’s central bank, we are committed to improving the economy and our communities. Are you ready to make a difference?

Learn more about the Dallas Fed: www.dallasfed.org/fed.

ABOUT THE INTERNSHIP PROGRAM:

We offer paid, full-time summer internships for many majors, with fulfilling work and opportunities to grow. To help launch your career, we provide dedicated staff mentors. You’ll also learn from senior leaders and industry experts. As part of the Federal Reserve System, you’ll be connected to a professional network that spans the nation. You will begin in early June and will be based in the Dallas office.

Learn more about our internship program: www.dallasfed.org/internships.

ABOUT YOUR TEAM:

The Research department undertakes research and analysis to add to the frontier of knowledge and to inform monetary policy. The department produces and publishes relevant, timely and innovative research and prepares briefings to support the Bank President’s participation at FOMC meetings.

WHAT YOU’LL DO:

• 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. 
• The specific tasks will do will depend on the project(s) you work on, and will include some or all of: 
  • Assisting in compiling data/background research
  • Providing support by locating, obtaining and compiling statistical data, constructing files, producing charts and other graphics, and performing basic statistical and econometric analysis under the direction of research analysts or economists for assigned projects
  • Collecting and analyzing data on economic conditions for use in studies and reports to management
  • Developing basic understanding of economic variables and econometrics techniques
  • Sharing knowledge and work with other research assistants and interns on a variety of economic issues and assignments
  • May contribute with ideas and suggestions for project improvement
  • Recommending or suggesting solutions to new and complex problems and help develop innovative strategies
  • Opportunity to job shadow research analysts and economists and learn about career opportunities in economics 

WHAT YOU BRING:

• Completed your Sophomore year with some completed or planned coursework in economics, statistics, econometrics, math, or 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 or Python is a plus
• Proficiency in Microsoft Word, Excel, PowerPoint, and Outlook 
• Basic knowledge and understanding of economic variables and their interrelationships

OUR BENEFITS:

• Flexible hours
• Professional development opportunities 
• Broader networking opportunities across District 
• Downtown location with free parking
• 24/7 on-site fitness center (Houston, Dallas)
• On-site café and coffee shop

WORK HOURS:

Monday – Friday, 8:00 a.m. – 5:00 p.m. (40 hours/ week). Some additional hours may be required

NOTES:

Applicants must be eligible to work in the U.S and the role is not available for sponsorship.

If you need special accommodations during your interview process, please notify your Talent Acquisition Consultant.

We are proud to be an equal opportunity employer

Full Time / Part Time

Full time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Internship

Work Shift

First (United States of America)

The Federal Reserve Banks believe 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 Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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