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Job Details

Summer Internship for Research Department - Machine Learning

Company name
Federal Reserve Bank of Philadelphia

Location
Philadelphia, PA, United States

Employment Type
Full-Time

Industry
Internship, Research, Government

Posted on
Jan 04,2019

Valid Through
Apr 19,2019

Apply for this job






Profile

Summer Internship for Research Department - Machine Learning','258234','Federal Reserve Bank of Philadelphia','PA-Philadelphia','','Part-time','Temporary','Non-exempt','Non-exempt','Internship','','','No','Day Job','','','Tier II - No Credit Check','Tier II - No Credit Check','','','','!*!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 bank 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.

The Federal Reserve Bank of Philadelphia is seeking an undergraduate sophomore, junior or senior for a summer internship in the Bank's Research Department, with majors in Math, Economics - Machine Learning.

The intern will assist the research team with the following projects: 

Using the panel CoreLogic housing transaction Deeds data and in conjunction with the cross section Tax data, we would like to use machine learning technique to systemically classify buyers and sellers of a property into the following categories.

1.  Homeowners;

2. Individual investors (possibly by the distance of their home address);

3. Institutional investors (governments, non profits, banks/thrift/credit unions/mortgage servicers; builders and developers; and other institutions that buy/rent/sell more like individuals investors). 

The goal is to have these indexes regularly updated so that they can be used for research and policy analysis. 

 ','!*!Required skills: 

Excellent written and communications skills

Take on initiative/creativity

Good problem solving skills

Excellent attention to detail

Core Logics, data handling

 Other: 

Sitting at a computer for long periods of time.

Applicants must also be able to provide work authorization to prove their eligibility to work in the United States.

An applicant for employment also must be a U.S. Citizen, U.S. National, or hold a permanent resident/green card with intent to become a U.S. Citizen.

The Federal Reserve Bank of Philadelphia believes 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 Bank of Philadelphia is proud to be an equal opportunity workplace. 

 ','Summer Internship for Research Department - Machine Learning

Company info

Federal Reserve Bank of Philadelphia
Website : http://www.phil.frb.org

Company Profile
The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies, and provides financial services to depository institutions and the federal government. One of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the Philadelphia Federal Reserve Bank serves eastern Pennsylvania, southern New Jersey, and Delaware.

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