Federal Reserve Bank (FRB)
Research Associate – Banking and Financial Markets (Finance)
This is an excellent position for someone who is passionate about research and considering a Ph.D. in economics or finance. RAs develop technical skills, such as programming and working in a High-Performance Computing environment, and are exposed to a broad range of economic research topics. Most RAs stay with the department for two to three years, at which point many return to graduate school. RAs have gone on to Ph.D. programs at Boston College, Columbia University, New York University, Stanford University, University of Chicago, University of Michigan, University of Minnesota, and University of Wisconsin.
Key Activities:
Working with Ph.D. economists on policy briefings and academic research projects.
Gathering and analyzing data, programming economic models, and preparing charts for presentations on economic and financial conditions. This position will primarily work with banking and financial data.
More experienced RAs participate in econometric or theoretical research, write for Bank publications, and deliver speeches to civic and educational groups.
Required Education and Skills:
Bachelor's or master's degree in economics or finance 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.
Coursework or experience in banking and finance highly desirable.
Proficiency in programming languages and statistical software packages, such as Stata, R, Python, or Matlab, highly desirable.
Strong academic record.
Experience with empirical research and data analysis highly desirable.
To Apply:
Please attach a resume, cover letter, and unofficial transcript copy. Incomplete applications will not be considered.
U.S. citizenship is required.
Please apply before November 30, 2024 to be considered. We will review applications on a rolling basis, so applying early is recommended.
Applications will be pre-screened prior to interview selections. You will receive notification if you have been selected for a phone interview.
For more information on the Economic Research Department and the Federal Reserve Bank of Kansas City, please visit us on the web at www.kansascityfed.org. For information on RA openings throughout the Federal Reserve System, visit www.fedeconjobs.org.
Additional Information:
Location(s): Hybrid, KC office 60% of the time.
Sponsorship: Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
Screening:
This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take up to a couple of months to be completed. The candidate's start date may be impacted by completion of the screening. The areas screened may include education/employment verification, criminal history, credit history, and reference checks.
In some cases, positions require access to confidential supervisory information, access to which is limited to "Protected Individuals" as defined by regulation of the Board of Governors of the Federal Reserve System, 12 CFR 268.205. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and lawful permanent resident aliens (also known as "green card holders") who are eligible for and seeking United States citizenship within the requisite timeframes.
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The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.
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