Research Associate, Payments

Federal Reserve Bank of New York; Kansas City (MO); On-site; USD 59,000 - 76,000; Full time

Job summary

The Federal Reserve Bank of Kansas City is seeking a Payments Research Associate (RA) in the Economic Research Department. You will work with PhD economists on policy briefings, research projects, and empirical analysis of payments systems and related topics.

You will analyze large transaction-level and survey data, develop charts, and contribute to econometric or theoretical research and Bank publications.

Qualifications

• Bachelor’s or Master’s degree in economics or closely related field such as statistics, mathematics, or computer science.
• Coursework or experience in econometrics, mathematics, statistics, and computer science is highly desirable.
• Proficiency in programming languages and statistical software such as Stata, R, Python, or Matlab is highly desirable.

Responsibilities

• Work with PhD economists on policy briefings and academic research projects.
• Analyze data and create charts from large transaction-level datasets and national surveys.
• Participate in econometric or theoretical research, write for Bank publications, and deliver speeches.

Skills

Analytical skills

Econometrics

Statistics

Data interpretation

Education

Bachelor’s or Master’s in Economics

Tools

Stata

R

Python

MATLAB

Job description

Company Federal Reserve Bank of Kansas City

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team for our future.

The Economic Research Department at the Federal Reserve Bank of Kansas City is recruiting for the full-time position of Payments Research Associate (RA). The Department conducts innovative analysis and research on a variety of topics, including applied microeconomics, consumer finance, payments, macroeconomics, monetary policy, international trade, and regional economics, among others. The Department has an opening for an RA to start in fall/winter 2026. The program generally runs for two years with the opportunity to extend, if applicable. This is an excellent position for someone who is passionate about research and considering a PhD in economics.

RAs develop analytical and communication skills as well as technical skills, such as programming and working in a high-performance computing environment.

RAs have gone on to PhD programs at Boston College, Columbia University, New York University, Stanford University, University of Chicago, University of Michigan, University of Minnesota, University of Wisconsin, University of Texas at Austin, University of Rochester, and Georgetown University.

Key Activities

Working with PhD economists on policy briefings and academic research projects.

Analyzing data and creating charts from large transaction-level datasets and national surveys, including payment network and settlement data, consumer credit panels, and household survey microdata.

Participating in econometric or theoretical research, writing for Bank publications, and delivering speeches to civic and educational groups.

Required Education and Skills

Bachelor’s or master’s degree in economics or a closely related field such as statistics, mathematics, or computer science.

Coursework or experience in economics required; coursework or experience in econometrics, mathematics, statistics, and computer science highly desirable.

Proficiency in programming languages and statistical software packages such as Stata, R, Python, or Matlab highly desirable.

Strong academic record and experience with empirical research and data analysis highly desirable.

Additional Information

How We Work: On-site, full-time with 5 days per month remote work flexibility.

Location: Kansas City, MO

Salary: $59,000 - 76,300 / Research Associate I

Final offers are determined by factors including the candidate’s qualifications, internal alignment considerations, district assignment, and geographic location.

Citizenship Requirements: Generally, non-U.S. citizens are eligible to apply if they are able to obtain the legal status to work in the United States for at least two years without sponsorship from the Bank. F-1 visa holders with STEM OPT extension are eligible to apply.

Screening Requirements: Certain eligibility requirements may apply.

Sponsorship: The Federal Reserve Bank of Kansas City will not sponsor a new applicant for employment authorization for this position. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

About the KC Fed Total Rewards & Benefits Who We Are What We Do Follow us on LinkedIn, Instagram, X (formerly Twitter), and YouTube 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. 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. Why Our People Choose Us: 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.