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

Paid time off

Health care benefits

Leave for child and family

401(k) match

Pension

Job summary

The Federal Reserve Bank of Richmond is seeking an Economist to contribute to policy research and to publish findings in top journals. You will conduct independent macroeconomic and financial research, present at conferences, and brief senior leadership on national and regional economic developments.

Responsibilities include coordinating with within department, mentoring research assistants, and advancing strategic priorities while fostering a diverse and collaborative research environment.

Qualifications

• Ph.D. in economics or a related discipline.
• Fundamental knowledge of economic theory, econometrics, and statistics.
• Knowledge of economic policy analysis evidenced by rigorous research.
• Strong ability to convey complex information clearly.
• Willingness to travel to conferences and within the Federal Reserve System.

Responsibilities

• Conduct independent research and analysis on macroeconomics, banking and financial markets for publication in top journals and Bank publications.
• Actively present research at high-caliber academic and Federal Reserve conferences.
• Inform and influence economic and policy perspectives; prepare policy briefings for the Bank president.
• Brief senior management on national, regional, and international economy and on monetary policy and financial regulation.
• Collaborate with and mentor research assistants; support department priorities.

Skills

Economic theory

Econometrics

Statistics

Programming languages

Policy briefing

Travel willingness

Education

Ph.D. in economics

Tools

R

Stata

Python

Matlab

Job description

Company Federal Reserve Bank of Richmond When 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.

About the Opportunity

The 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 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 perspectives Prepare 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 Priorities Provide 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 discipline
• Fundamental knowledge of economic theory, econometrics, and statistics
• Knowledge of economic policy analysis and subject matter expertise as demonstrated by rigorous research and analysis suitable for top academic journals
• Ability to author content which clearly and concisely conveys critical information about complex subjects
• Strong engagement skills sufficient to present complex information
• Superior skills using econometric and statistical analysis software, and computer programming languages
• Ability to travel to conferences and within the Federal Reserve System

Other 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].

The hiring range of the Research Economist position is $177,100 - $243,540 annually.

Applications are reviewed on a rolling basis.

Full Time / Part Time Full time Regular / Temporary Regular Job Exempt (Yes / No) Yes Job Category Economics/Research 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.

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.

Why Our People Choose Us:

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.

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.