PhD Intern - Division of Supervision & Regulation
The Ph.D. internship within the Division of Supervision & Regulation provides graduate PhD students the opportunity to conduct research towards their dissertation and contribute to the mission of the Board.
While at the Board, PhD interns will:
- Primarily focus on researching a topic of their own choosing, furthering dissertation research begun before the internship
- Strengthen their oral presentation skills through hosting and presenting 1-2 seminars on their work
- Build institutional knowledge by engaging in policy work related to their interests
- Work with confidential regulatory data collected within the division, if approved
- Develop relationships and collaborate with Board economists, through which they will receive feedback on their work
- Learn about preparing for the job market
- Participate in our extensive seminar series
The Division- Supervision & Regulation
This position works alongside economists within the Division of Supervision & Regulation. More specifically, this position will work with our Policy Research & Analytics (PRA) and Stress Testing groups. Economists in both groups conduct research on topics related to banking and financial regulation while also supporting related policy work.
- Policy Research and Analytics is a group in S&R responsible for policy making surrounding banks’ trading, credit, and operational risk models, researching the economic impacts of regulatory policies, and analyzing information on banks’ internal risk limits as part of Volcker rule compliance.
- Stress Testing is a group in S&R responsible for coordinating the system-wide efforts to implement and execute the Dodd-Frank Act supervisory stress tests. Section economists conduct research and facilitate key policy and technical decision-making on all issues related to the implementation of the supervisory stress tests, including overall framework, supervisory model development, scenario design, and data collection and infrastructure development.
- Desired Degree Program or Coursework: Must be enrolled in an accredited graduate level program pursuing a Ph.D. in Economics, Finance, or a related field of study with a minimum 3.0 GPA. Preference is given to students at an advanced stage of writing their dissertation.
Preferred Research Interests
- Banking Regulation
- Financial Risk Management
- Financial Intermediation
Anticipated Start Date
- Summer 2022 through the end of the calendar year with the potential to extend.
Required Documents for Application
- CV or Resume
- Work from Thesis (ex: current drafts)
- Unofficial Graduate Program Transcript
- Contact Information (Name, Email, Phone Number) for Two Potential Letters of Recommendation
- This position is open to candidates able to work in either a hybrid or remote capacity.
- U.S Citizenship is required for all Board internships and applicants must be current students, graduating from their program Spring 2023 or later.
- Full vaccination for COVID-19 is required as a condition of employment, unless a legally required exception applies.