Quant Research Assistant — Two-Year Training & Mentorship

Federal Reserve Bank of New York; Chicago (IL); Hybrid; USD 70,000 - 90,000; Full time

Job summary

The Federal Reserve Bank of Chicago is seeking a Research Assistant to work with economists on questions affecting the economy, financial markets, businesses, and households. You'll gain hands‑on experience across the research process, including data management, econometric analysis, and communicating results through charts, analyses, and presentations.

This two-year program is designed for recent graduates who want to deepen research skills, explore economics, and prepare for graduate

Qualifications

• Bachelor’s degree or higher in economics, finance, statistics, mathematics, computer science, data science, public policy with strong economics and mathematical coursework.
• Strong quantitative, analytical, and problem‑solving skills.
• Familiarity with statistical programming languages such as Stata, R, Python, or MATLAB.
• Strong written and verbal communication skills.
• The ability to work independently and collaboratively.

Responsibilities

• Collecting, cleaning, managing, and analyzing economic and financial data.
• Conducting statistical and econometric analysis and developing research code using tools such as Stata, R, Python, and MATLAB.
• Conducting literature reviews and synthesizing academic and policy research.
• Preparing charts, tables, written analysis, presentations, and briefing materials.
• Supporting research papers, publications, and time‑sensitive policy analysis.
• Collaborating with economists, researchers, and other Research Assistants across projects.

Skills

Data management

Econometric analysis

Statistical programming

Communication skills

Education

Bachelor's degree or higher in economics, finance, statistics, mathematics, computer science, data science, public policy

Tools

Stata

R

Python

MATLAB

Job description

The Federal Reserve Bank of Chicago is seeking a Research Assistant to work with economists on questions affecting the economy, financial markets, businesses, and households. You'll gain hands‑on experience across the research process, including data management, econometric analysis, and communicating results through charts, analyses, and presentations.

This two-year program is designed for recent graduates who want to deepen research skills, explore economics, and prepare for graduate