2027 Intern - Economic Research

Federal Reserve Bank of New York; Dallas (TX); On-site; USD 36,000 - 40,000; Full time

Benefits offered by this job

Networking opportunities

On-site fitness center

On-site café

Job summary

Federal Reserve Bank of Dallas offers a paid, full-time summer internship program located in Dallas. Interns work with economists in Research on macroeconomics, international, regional, energy, or banking topics and gain exposure to central banking and policy analysis.

The program runs 10–12 weeks starting in mid-to-late May and ending in August, with dedicated mentors, cohort programming, and opportunities to interact with senior leaders and experts.

Qualifications

• 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, and proficiency in MS Office products.
• Basic knowledge and understanding of economic variables and their interrelationships.
• 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.

Responsibilities

• Assist economist(s) in one of Research’s groups in their academic research and/or policy analysis.
• Learn and summarize recent and relevant research and analysis.
• Locate, obtain, and compile statistical data.
• Construct files and produce charts and other graphics.
• Replicate previous research on a relevant topic.
• Perform statistical and econometric analysis under the direction of economists.

Skills

Economics

Statistics

Programming (STATA/R/Python/ Matlab)

MS Office

Education

Junior year coursework in economics/statistics/math/computer science

Tools

STATA

R

Python

Matlab

Job description

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-Onsite. If you need assistance or a reasonable accommodation, please notify your Talent Acquisition Consultant.

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. 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:

The Federal Reserve Bank of Dallas Internship Program is a prestigious, cohort-based experience that attracts top talent from across the country for paid, full-time summer internships spanning majors and functional areas – from economic research and finance to Cash Services, IT, and beyond. While interns take on a specific functional role for the summer with meaningful work and opportunities to grow, the program offers much more than a single assignment. Dedicated staff mentors help launch your career, and curated cohort programming provides broad exposure to central banking, direct access to senior leaders and industry experts, and dedicated learning and development opportunities. As part of the Federal Reserve System, you’ll also build a professional network of peers that spans the nation. The program runs approximately for 10-12 weeks, beginning in mid-to-late May and concluding in August. For this specific position, you will be located 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 Federal Open Market Committee (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 you 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 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, and proficiency in MS Office products
• Basic knowledge and understanding of economic variables and their interrelationships
• 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:

• Professional development opportunities
• Broader networking opportunities across District Downtown location with free parking
• 24/5 on‑site fitness center (Dallas & Houston Offices)
• 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:

Participation in our internship program is a valuable learning opportunity and does not guarantee future employment. This position may require access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisitetimeframe. Candidates who are permanent residents may be eligible for the information accessrequiredfor this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements. In addition, all candidates must undergo an enhanced background check andcomply withall applicable information handling rules.

If you need special accommodation during your interview process, please notify your Talent Acquisition Consultant. Please submit applications by Monday, October19.

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 Family Group Work Shift First (United States of America) 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.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels. Privacy Notice OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government. OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward. Why Our People Choose Us: Our reputation precedes us There will always be room for personal growth Our people are first You’ll find the right balance Your responsibilities will be meaningful We hope that you will be our future colleague.

Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels. Please check back later for more information on available job opportunities.