Wednesday, August 9, 2017

Pathways Student Trainee (Economist), Federal Deposit Insurance Corporation

This internship will begin in Fall/Winter 2017.

Internship opportunities are available within the Center for Financial Research Branch (CFR) and Regional Operations Branch. The CFR is engaged in research on topics important to the FDIC mission of deposit insurance, bank supervision, and resolution of failed financial institutions. The CFR research programs follow banking industry developments, risk measurement and management methods, regulatory policy and related topics.

Duties
Below is a summary of the work done in the sections within the CFR that are currently seeking interns:

The Banking Research Section is primarily responsible for academic research, short studies, policy analyses, and model development that support the FDIC's mission. Economists write academic research papers, organize research conferences, serve as discussants and chairs at conferences, and referee academic journal articles on banking economics. Staff writes internal reports on topics such as optimal bank resolution, deposit insurance pricing, bank capital regulation, and securitizations.

The Quantitative Risk Analysis Section
focuses on the development of internal modeling, the evaluation of quantitative models used in the industry, and producing original economic and financial research. The economists and analysts on the team participate or lead internal modeling projects forecasting bank risk, bank resolution costs, and stress test models. Financial economists interact directly with the industry by conducting regulatory reviews of quantitative models used for estimating bank risks, including credit, market, and interest risks, as well as stress testing models. The Section also engages with the academic community be producing original research for publication in academic journals and presenting and discussing at major academic conferences.

The Regional Operations Branch identifies, analyzes, monitors, and communicates emerging risks, with a focus on local economies and banks. Economists and financial communicate analytical results to policymakers, senior management, and other stakeholders.

Deadline for applications
August 17, 2017

For more information and to apply visit here