Sr Research Economist

05E Federal Reserve Bank of Richmond; Richmond (VA); On-site; USD 221,000 - 303,000; Full time

Benefits offered by this job

Tuition assistance

Paid time off

Health care benefits

Pension

401(k) match

Job summary

Federal Reserve Bank of Richmond is seeking a Senior Economist to contribute to policy-relevant research and lead economic analyses across macroeconomics, financial markets, and banking regulation. The role involves publishing in top-tier journals, advising Bank leadership, and shaping regional and national insights.

The successful candidate will produce high-impact work, collaborate across the Research Department, mentor junior staff, and participate in conferences.

Qualifications

• Ph.D. in economics or related discipline.
• Consistent record of publications in top academic journals.
• Broad knowledge of economic theory, econometrics, and statistics.
• Recognized subject matter expertise demonstrated by well-cited research output and professional responsibilities.
• Ability to author content which clearly and succinctly conveys critical information about complex subjects.
• Strong collaboration capabilities that help shape strategic policy positions.
• Broad knowledge and understanding of economic conditions, the Federal Reserve System, and monetary policy.
• Superior skills using econometric and statistical analysis software and computer programming languages.
• Ability to travel to conferences and within the Federal Reserve System.

Responsibilities

• Lead and conduct analysis of policy-relevant issues. Identify, plan and coordinate work on research topics on policy issues of interest to the Federal Reserve.
• Advise the Bank President, Director of Research, and other senior Bank officials on issues concerning monetary policy, bank and financial regulation, financial markets, and regional and urban economics.
• Collaborate to formulate the Bank’s positions and strategies on those positions and provide subject matter expertise to support department and Bank initiatives.

Skills

Econometric analysis

Quantitative methods

Policy analysis

Communication skills

Education

Ph.D. in economics or related discipline

Tools

Stata

R

Python

SAS

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. All brought together in a work environment where you can truly find balance.

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 a Senior Economist position to contribute to the Bank's standing in the economics profession by producing research for publication in top-tier academic journals, counseling Bank leadership on the national, regional, and international economy, monetary policy, banking and financial regulation, and financial markets, and contributing to high priority initiatives of the department.

What You Will Do

Thought Leadership

Conduct independent research and analysis of 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. Fulfill leadership roles in the academic community by serving in professional roles such as editorial boards of top-tier journals or conference organization committees.

Inform and Influence Economic and Policy Perspectives

Lead and conduct analysis of policy-relevant issues. Identify, plan and coordinate work on research topics on policy issues of interest to the Federal Reserve. Advise the Bank President, Director of Research, and other senior Bank officials on issues concerning monetary policy, bank and financial regulation, financial markets, and regional and urban economics; collaborate to formulate the Bank’s positions and strategies on those positions. Provide subject matter expertise to support department and Bank initiatives.

Advance Bank and Department Strategic Priorities

Lead and organize department programs and activities, research discussions and deliberations. Collaborate with and mentor junior economists and research assistants. Promote a diverse and collaborative research environment.

Qualifications

• Ph.D. in economics or related discipline
• Consistent record of publications in top academic journals
• Broad knowledge of economic theory, econometrics, and statistics
• Recognized subject matter expertise in field of study as demonstrated by well-cited research output and professional responsibilities
• Ability to author content which clearly and succinctly conveys critical information about complex subjects
• Strong collaboration capabilities that help shape strategic policy positions
• Broad knowledge and understanding of economic conditions, the Federal Reserve System, and monetary policy
• 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].

Compensation and Employment

The hiring range of the Research Economist position is $220,700 – $303,490 annually. Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications. 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.