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 rich.recruit@rich.frb.org.  

• 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.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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