Research Associate

Federal Reserve Bank of St. Louis; St. Louis (MO); On-site; USD 63,000 - 79,000; Full time

Benefits offered by this job

Medical insurance

401k/Thrift Plan

Employer-funded Pension Plan

Paid Vacation/Sick Time and Holidays

Tuition Reimbursement

Job summary

The Federal Reserve Bank of St. Louis hires Research Associates to conduct statistical and econometric research for publication in journals. The two-year program develops economists through hands-on work with senior staff, visiting fellows, and scholars, with Spring/Summer 2027 start dates.

Employment is at-will and career paths include graduate study and roles across the Bank. RA positions involve data collection, model development, and drafting short articles and Beige Book summaries,

Qualifications

• GPA 3.5 or above.
• Bachelor’s degree in economics, econometrics, or quantitative economics.
• Strong background in mathematics and statistics with relevant coursework.
• Previous economic research experience (e.g., undergraduate research, internship).

Responsibilities

• Perform statistical, econometric, computational and analytical research for publication in academic journals.
• Utilize Excel and statistical packages (Stata, R, Matlab, Julia, Python, SAS).
• Collect, organize and interpret economic and financial data.
• Review academic journals, market sources and government reports.
• Write short articles or assist economists in developing articles and presentations.
• Support Beige Book data gathering and summarization.

Skills

Mathematics & statistics

Analytical thinking

Data interpretation

Education

Bachelor’s degree in economics, econometrics, or quantitative economics

Tools

Stata

R

Matlab

Julia

Python

SAS

Excel

Job description

Company

Federal Reserve Bank of St. Louis

The St. Louis Fed hires several Research Associates each year. Start dates for this search are in the Spring or Summer of 2027. This is an excellent opportunity to work with, learn, and engage with our reputable economist staff, visiting fellows and scholars. Former St. Louis RAs have continued their careers in other Bank divisions, in PhD programs, and in the private sector. More Information can be found in the RAjobs link below under the success stories tab. Visit https://research.stlouisfed.org/RAjobs/ for a detailed overview of the RA position.

What are the day-to-day activities?

• Perform statistical, econometric, computational and analytical research that economists can use for publication in academic journals.
• Utilize Excel and statistical packages such as Stata, R, Matlab, Julia, Python, and SAS.
• Collect, organize and interpret economic and financial data.
• Review academic journals, market sources and government reports.
• Write short articles or assist economists in developing short articles and presentations on current economic and financial conditions and policy issues.
• Attend to additional assignments, including gathering and organizing survey data and anecdotal information and summarizing economic data for the Beige Book.

Qualifications

• A GPA of 3.5 or above
• Bachelor’s degree in economics, econometrics, or quantitative economics
• Strong background in mathematics and statistics, including coursework in Calculus II, Econometrics, Linear Algebra, and Differential equations
• Previous economic research experience, such as undergraduate research assistant, research-related internship or independent research project.

The Bank’s RA program is structured as a two-year program, with most RAs continuing on to graduate programs or other careers in economics or related fields after two years with the Bank. Employment is at-will.

Total Rewards

Bring your passion and expertise, and we'll provide the opportunities to challenge you and propel your growth—along with multiple benefits and perks that support your health, wealth, and life.

Salary: $62,800 - $78,500 annual

• Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
• 401k/Thrift Plan with generous employer match
• Employer-funded Pension Plan
• Paid Vacation/Sick Time and Holidays
• Flexible Spending Accounts and Healthcare Spending Accounts
• Life Insurance and Long Term Disability Insurance
• Tuition Reimbursement (undergraduate and graduate)
• Parental Leave
• Free onsite 24/7 Fitness Center including training classes, and locker room / shower facilities
• Onsite Cafeteria and Coffee Shop
• Additional Convenience Benefits, Discounts and More…

At the Federal Reserve Bank of St. Louis, we are committed to a strong and resilient economy for all. We prioritize inclusion and strive to be a workplace where all employees can thrive. Learn more about Bank's culture.

The Federal Reserve Bank of St Louis is an Equal Opportunity Employer.

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.