Economist

Federal Reserve System•Richmond, VA
•$177,100 - $243,540

About The Position

The Federal Reserve Bank of Richmond’s Research Department conducts research to support policymaking and thought leadership on issues important to the Federal Reserve and communities in the Fifth District. The Economist contributes to the Bank’s standing in the economics profession by producing research for publication in top-tier journals, advising Bank leadership on the national, regional, and international economy, monetary policy, banking and financial regulation, and financial markets, and supporting high-priority department initiatives. The role conducts independent research and analysis in areas including macroeconomics, banking and financial markets, and regional and urban economics, using advanced economic theory and statistical or econometric analysis. The Economist presents research at academic and Federal Reserve System conferences, briefs and counsels Bank leadership, helps prepare speeches and presentations, and develops subject-matter expertise through research and external relationships. The position also supports strategic initiatives, collaborates with and mentors research assistants, participates in department research activities, and promotes a diverse and collaborative research environment.

Requirements

  • Ph.D. in economics or a related discipline.
  • Fundamental knowledge of economic theory, econometrics, and statistics.
  • Knowledge of economic policy analysis and subject-matter expertise demonstrated through rigorous research and analysis suitable for top academic journals.
  • Ability to author content that clearly and concisely conveys critical information about complex subjects.
  • Strong engagement skills sufficient to present complex information.
  • Superior skills using econometric and statistical analysis software and computer programming languages.
  • Ability to travel to conferences and within the Federal Reserve System.

Responsibilities

  • Conduct independent research and analysis in economics, including macroeconomics, banking and financial markets, and regional and urban economics, for publication in top-tier external journals and Bank publications.
  • Present research at high-caliber academic conferences and Federal Reserve System conferences.
  • Prepare and deliver scheduled and ad hoc policy briefings for the Bank president on policy matters, banking, or regional activities.
  • Brief and counsel senior management on the national, regional, and international economy and on monetary policy, bank and financial regulation, and financial markets.
  • Assist in preparing speeches and presentations for senior management.
  • Develop subject-matter expertise in specific policy areas through research and external relationships.
  • Provide subject-matter expertise to support department and Bank initiatives.
  • Collaborate with and mentor research assistants.
  • Participate in research programming, activities, discussions, and deliberations.
  • Promote a diverse and collaborative research environment.

Benefits

  • Tuition assistance
  • Generous paid time off
  • Health care benefits
  • Child and family care leave
  • Professional development opportunities
  • 401(k) match
  • Pension

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What This Job Offers

Job Type

Full-time

Career Level

Senior

Education Level

Ph.D. or professional degree

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