Economist

Federal Reserve Bank of New York; Richmond (VA); On-site; USD 177,000 - 244,000; Full time

Benefits offered by this job

Tuition assistance

Pension

Health care benefits

401(k) match

Paid time off

Job summary

Federal Reserve Bank of Richmond is seeking an Economist to conduct frontier research in economics, including macroeconomics and financial markets, for publication in top journals and Bank publications.

The role involves presenting research at major conferences, delivering policy briefings to the Bank president, and counseling senior leadership on national and international economic matters, including monetary policy and regulation. Collaboration and mentoring of research assistants are expected.

Qualifications

• Ph.D. in economics or related discipline.
• Fundamental knowledge of economic theory, econometrics, and statistics.
• Knowledge of economic policy analysis and subject matter expertise as demonstrated by rigorous research.
• Ability to author content clearly conveying complex subjects.
• Strong engagement skills for presenting information.
• Superior skills in econometric and statistical software and programming languages.

Responsibilities

• Conduct frontier research using macroeconomics, banking and financial markets, and regional economics.
• Present research at top-tier academic and Federal Reserve conferences.
• Prepare policy briefings for Bank leadership on policy matters and economic conditions.
• Counsel senior management on the economy and policy issues in monetary policy and regulation.
• Mentor research assistants and contribute to research programming and discussions.

Skills

Economics theory

Econometrics

Statistics

Policy analysis

Presentation skills

Programming languages

Travel

Education

Ph.D. in economics

Tools

Econometric software

Statistical software

Programming languages

Job description

CompanyFederal Reserve Bank of RichmondWhen you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic team of mission-driven professionals to strengthen and protect our economy and our communities.Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a work environment where you can truly find balance.About the OpportunityThe Research Department conducts research to support policymaking and thought leadership on issues important to the Federal Reserve and Fifth District communities. The department is currently recruiting for an Economist position to contribute to the Bank's standing in the economics profession by producing research for publication in top-tier journals, counseling Bank leadership on the national, regional, and international economy, monetary policy, banking and financial regulation, and financial markets, and contributing to the high priority initiatives of the department.What You Will Do:Conduct Frontier ResearchConduct independent research and analysis on topics in economics, including macroeconomics, banking and financial markets, and regional and urban economics using advanced economic theory, and/or statistical and econometric analysis, for publication in top-tier external journals and Bank publications.Actively present research at high-caliber academic conferences and Federal Reserve System conferences.Inform and Influence Economic and Policy PerspectivesPrepare and deliver scheduled and ad hoc policy briefings for the Bank president on policy matters, banking, or regional activities.Brief and counsel senior management on the national, regional, and international economy and on issues concerning monetary policy, bank and financial regulation, and financial markets.Assist in the preparation of speeches or presentations for senior management.Enhance subject matter expertise in specific policy areas through research and external relationships.Advance Bank and Department Strategic PrioritiesProvide subject matter expertise to support department and Bank initiatives.Collaborate with and mentor research assistants.Actively participate in research programming and activities, discussions and deliberations.Promote a diverse and collaborative research environment.Qualifications:Ph.D. in economics or a related disciplineFundamental knowledge of economic theory, econometrics, and statisticsKnowledge of economic policy analysis and subject matter expertise as demonstrated by rigorous research and analysis suitable for top academic journalsAbility to author content which clearly and concisely conveys critical information about complex subjectsStrong engagement skills sufficient to present complex informationSuperior skills using econometric and statistical analysis software, and computer programming languagesAbility to travel to conferences and within the Federal Reserve SystemOther Requirements and Considerations:Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict-of-interest rules and personal investment restrictions.If you need assistance or an accommodation due to a disability, please notify [e-mail] hiring range of the Research Economist position is $177,100 – $243,540 annually.Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.Applications are reviewed on a rolling basis. Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.Full Time / Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)YesJob CategoryEconomics/Research Family GroupWork ShiftFirst (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