Company

　　Federal Reserve Bank of Philadelphia

　　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 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.

　　Bring your passion and expertise, and we'll provide the opportunities that will challenge you and propel your growth!

　　The Federal Reserve Bank of Philadelphia is seeking an undergraduate level (Junior or Senior) with preferred majors in Data Science/Analytics, Economics or Finance. This opening is onsite. The work schedule is Monday - Friday (40 hour per week). This is a 10-week paid internship. The hourly rate for this position is $21.00 - $25.00 per hour depending on the chosen candidate's education level.

　　Intern projects:

　　The intern will be assisting with multiple projects owned by the Securities Data Management Service (SDMS). The SDMS team is responsible for data management of 3rd-party vendor data. The main project the intern would assist with is the ingestion and modeling of 3rd-party vendor data for fixed-income securities.

　　Given a package of datasets, the intern will be required to develop a deep understanding of the individual datasets as well as the relationships between data sets. Users and use cases will need to be developed to assist in the design of a data model for the package. This project will involve exploratory data analysis (EDA), presentation of findings, data documentation, and application testing.

　　Required Technical Skills

　　Basic familiarity with Python is required and should be possessed at a data analyst level. The intern will not be writing software applications, but the SDMS team uses Python to perform EDA and automate testing and analytics functions.Additionally, SQL is a requirement. The intern should be comfortable writing basic SQL queries and doing joins on multiple tables. The expectation would be that the intern understands SQL and databases to the point where they can explore a database and write queries against it with minimal assistance.

　　Preferred Skills

　　Attention to detail and experience solving complex problems would be the best soft skills for this role. The projects SDMS is involved in center around large volumes of data and a large number of individual datasets. Keeping organized and paying close attention to detail are key to being able to understand individual datasets and uncovering the relationships between datasets.If a student is majoring in finance/economics, comfortability with large data sets (often too large for Excel) is preferred.

　　Additional Information:

　　The Federal Reserve Bank of Philadelphia believes that diversity, equity and inclusion among our employees is essential to our success as an organization, and we want to recruit, develop and retain the most accomplished people from a diverse candidate pool. To support a workplace culture of belonging, we offer eight employee resource groups (ERGs) and a 100 percent rating on the Human Rights Campaign (HRC) Corporate Equality Index. The Federal Reserve Bank of Philadelphia is proud to be an equal opportunity workplace.We have eight employee resource groups (ERGs) to support a diverse workforce. Abilities (supporting disabilities and allies), African Heritage, Asian-Pacific, Freedom (supporting LQBTQ+ and allies), Talent Forward (supporting career growth), Women United, Working Families and Veterans. ERGs are open to all employees.We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process, to perform essential job responsibilities, and to receive other benefits and privileges of employment.All Federal Reserve Bank of Philadelphia employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the Recruiter for this posting, who can provide you contact information for our ethics officer if necessary. You should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.Background investigations and drug testing are required for all new hires as a condition of employment, after the job offer is made. Candidates for positions deemed as "safety sensitive" will also be screened for the presence of marijuana. Employment may not begin until the Bank accepts the results of the background investigation.All employees will be subject to FBI fingerprint / criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.The above statements are intended to describe the general nature, level of work and the requirements of this position. They are not intended to be an exhaustive list of all responsibilities associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.This is not a 100% remote opportunity. You will be available to work on-site in at least a hybrid capacity.Learn more about the Philly Fed and its culture. Learn more about working for the Philly Fed.

　　Full Time / Part Time

　　Part time

　　Regular / Temporary

　　Temporary

　　Job Exempt (Yes / No)

　　No

　　Job Category

　　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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