Summer 2025 Intern, Stress Testing- Research, Modeling, and Analysis

About the Team

The Research, Modeling, and Analysis (RMA) group in the Division of Supervision and Regulation is part of the National Stress Testing Program that conducts the Dodd-Frank Stress Tests of large and systemically important banking organizations operating in the United States. The Program is responsible for developing models and scenarios for stress testing bank portfolios to assess capital adequacy in times of economic and financial market stress.

The RMA group, consists of 3 sections: Market Risk, Credit Risk, and Net Revenue, which all support the goals of the Program by conducting relevant academic research in the areas of banking, economics, and finance. We also support the Program by doing policy work, such as developing economic and statistical models to measure risk in the bank portfolios.  This position will n

About the Role

A summer intern will contribute in both of these core areas.  In terms of:

• Research:
  • Support an economist on a research project- work could range from conducting a literature survey of academic research on a topic, to doing data management and statistical analysis in support of an ongoing research project.  
• Policy:
  • Work on developing analytics and other monitoring tools to help the Program track emerging issues in the banking environment.

Upon successful completion of the internship, an intern should:

• Develop subject matter expertise in a core area of banking supervision, such as the bank revenue generating process, credit risk, or market risk.
• Become familiar with the research process, hone writing and analytical skills, and have the opportunity to interact with knowledgeable experts in the field.
• Develop proficiency in R, Stata, SQL, and other analytical tools necessary for processing economic and financial data.

Suggested Major/Minor: Economics, Finance, Statistics, or a related field of study.

Required Skills and Knowledge:

• Demonstrated quantitative skills and basic knowledge of statistics
• Knowledge of or demonstrated experience using R or Stata
• Open to learning new ideas and willing to read technical documents
• Ability to communicate effectively, both orally and in writing, to nontechnical audiences and be able to clearly articulate findings
• Strong interpersonal skills with the ability to work in a hybrid work environment

Required Documents for Application: Candidates must submit the following documents to be considered for this role:

• Resume/CV (PDF Version)
• Cover letter detailing interest in the position and qualifications
• Copy of current unofficial transcript

Location: This a full-time summer internship that can be completed fully remote OR in a hybrid capacity requiring an on-site presence in Washington, DC. 

Notes: US Citizenship is required for all Board internships and applicants must be current students, graduating from their program Fall 2025 or later.