Wednesday, January 2, 2013

The Chicago Fed Is Looking for Summer Interns

Economic Research Internship-229902

Federal Reserve Bank of Chicago
Primary Location:  IL-Chicago
Full-time / Part-time:  Full-time
Employee Status:  Temporary
Overtime Status:  Non-exempt
Job Type:  Internship
Travel:  No
Shift:  Day Job
Job Sensitivity Tier II - No Credit Check

Conducts statistical and economic analyses of current macroeconomic, microeconomic, financial and regional data, and provides research support for the economists. May evaluate possible competitive effects of complex Bank Holding Company (BHC) acquisitions and bank merger applications, and respond to requests for data related to the banking markets. The level of work required is considered entry- level and would work under direct supervision. This job has no direct reports.

Job Description:
• Supports the economists in their basic and applied research by following instructions to perform tasks including collecting data, conducting moderately complex statistical analysis, and organizing the presentation of results

• Assists the economists in the analysis of public policy issues and events. Issues include monetary policy, bank regulation, payments systems, financial markets, community development and the state of the US and global economies

• Researches economic topics for economists' articles or researches banking markets for casework analysis; on some of these occasions, the Associate Economist’s efforts will be substantial enough to constitute collaboration with the economists (or department management), leading to jointly authored articles (or ownership of casework analysis)

• Prepares a variety of charts, tables, and descriptive text for Department management or other staff economists to use in their briefings of the President and the Board of Directors or for creating an evaluation of a BHC merger or acquisition application

• Follows instructions to research and organize background materials for presentations to the President; responds to other System-wide directives and requests or for creating casework to support a recommendation to the BOG for approval or denial of the applications

• Performs other duties as requested

• Currently pursuing a Bachelor's degree in Economics, Finance, Business, Mathematics, or related field with emphasis on quantitative and/or analytical skills

• Research Assistant experience preferred

• SAS, STATA or Matlab experience preferred

To apply visit http://www.chicagofed.org/webpages/people/jobs/apply.cfm.  **note title of position at the top of this announcement.