Economist

Federal Reserve Bank of Philadelphia•Kansas City, MO

2d•Hybrid

About The Position

The Federal Reserve Bank of Kansas City's Economic Research Department is seeking to hire a new or experienced Ph.D. economist with research interests in the macro-financial dimensions of payment systems. This role involves collaborating with leading professionals to strengthen the national economy, protect financial stability, and support critical payments systems. The Bank provides excellent resources and support, including a collaborative work environment, high-quality research assistants, a high-performance computing environment, and an in-house Federal Statistical Research Data Center.

Requirements

Doctorate in Economics or Finance.
Research focus or strong demonstrated interest in the macro-financial aspects of payment systems (e.g., market infrastructure, stablecoins, digital assets, wholesale settlement, monetary policy transmission).
Superior knowledge of economic theory, econometrics, and statistics; state-of-the-art training comparable to top Ph.D.-granting departments.
Strong potential to publish in leading journals and become a recognized leader in the field.
Superior computer, statistical, and programming skills.
Excellent written and oral communication skills, including the ability to communicate technical research to policymakers and general audiences.
U.S. citizenship, U.S. national, or lawful permanent resident alien eligible for and seeking U.S. citizenship within requisite timeframes and with at least three or more years residency from the date of legal entry to the U.S. (or declaration of intent to become a U.S. citizen for non-citizens/non-permanent residents).
Must undergo applicable background checks and comply with all applicable information handling rules.

Nice To Haves

Experienced candidates
New or recent Ph.D. candidates

Responsibilities

Provides policy advice to the Bank's President, Board of Directors, and senior Bank management on payment systems, banking, and monetary policy issues, current economic and financial conditions, staff outlook, and regional conditions.
Conducts research on the macro-financial dimensions of payment systems and related monetary/financial topics, presents research at conferences, and publishes in top general and field journals in economics and finance.
Writes articles for Bank publications—including the Economic Review, The Macro Bulletin, The Main Street Economist, the Research Working Paper series, and Payments System Research Briefings—based on original research on complex, policy-relevant topics.
Presents research and Bank perspectives on payment systems and the economic outlook to banking, business, and professional audiences; demonstrates an ability to translate technical research for non-academic audiences.
Provides feedback on colleagues' research informally at conferences and seminars, and formally through referee reports.
Participates in training and mentoring of junior staff, directing work and explaining economic concepts and analytical techniques.
Actively participates in department activities and policy discussions, contributing to the department's intellectual environment.
Performs most assignments independently, with guidance from the supervising officer or Director of Research as needed.
Uses superior knowledge of economic theory, econometrics, and payment systems to produce rigorous research and sound policy briefings.
Performs other duties as assigned.