Summer 2024 Junior 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: 
  • Learning and summarizing recent and relevant research and analysis
  • Locating, obtaining, and compiling statistical data
  • Constructing files and producing charts and other graphics
  • Replicating previous research on a relevant topic
  • Performing statistical and econometric analysis under the direction of economists
  • Learning and solving (on the computer) theoretical models of the macroeconomy, international trade, or banking
  • Contributing ideas and suggestions for project improvement
  • Sharing knowledge and providing advice to research assistants (RAs) and other interns on economic issues and assignments

WHAT YOU BRING:

• Completed your Junior year with coursework in economics, statistics, econometrics, mathematics, and 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, Python or Matlab
• Proficiency in Microsoft Word, Excel, PowerPoint, Outlook, and SharePoint
• Basic knowledge and understanding of economic variables and their interrelationships
• Knowledge of the purpose and nature of specific data sets requested by economists
• Understanding of econometric techniques that facilitate interpretation and use of data in economic analysis
• Past research experience (with a professor or research organization)
• Strong writing and verbal communication skills
• Ability to work in a team setting
• Equivalent education and/or experience may be substituted for any of the above requirements

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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