Research Assistant/Sr. Research Assistant
About The Position
The Federal Reserve Bank of Philadelphia’s Economic Research Department hires research assistants to work with economists across its Macroeconomics, Banking, Consumer Finance Institute, and Regional/Microeconomics sections. The department conducts research on monetary policy, macroeconomics, banking and finance, financial services regulation, payments, regional and urban economics, and other topics related to central banking. Research assistants contribute to all stages of economic research, including long-term projects, economic forecasting, current-policy briefings, and public-facing publications. The RA program is structured as a two-year program. Many RAs continue to graduate programs or other careers in economics or related fields afterward. The department offers a collegial setting where RAs develop statistical, data, and programming skills and collaborate with economists and academic and central-bank colleagues. Training and education opportunities include courses in software and programming languages, economics, statistics, and mathematics. This position begins in Summer 2027 and requires full-time, on-site work. Employment is at-will.
Requirements
- Undergraduate or graduate degree in economics, mathematics, or statistics.
- Coursework in econometrics or advanced statistics.
- Programming experience; preferably in STATA, R, Python, and/or Matlab.
- Availability to work full-time on-site.
- Eligibility for access to confidential supervisory information and/or FOMC information under applicable U.S. federal immigration requirements.
- Completion of required background investigations and screenings, including drug testing and enhanced background screening.
Responsibilities
- Assist economists with statistical and econometric analysis for long-term, academically oriented research projects.
- Assist economists with reports and presentations on current economic and financial conditions for pre-FOMC briefings.
- Produce Bank publications for public consumption.
- Identify and collect data or other information from academic journals, market sources, and government reports.
- Write computer programs using statistical software such as Stata, R, Python, Matlab, and/or SAS.
- Review, organize, and analyze economic and financial data.
- Write or help prepare reports and presentations in the form of graphs or tables.
Benefits
- Medical, prescription, dental, and vision insurance with no waiting period.
- 401k/Thrift Plan with generous employer match.
- Employer-funded pension plan.
- Paid vacation, sick time, and holidays.
- Monthly $200 commuter allowance.
- Flexible spending accounts and healthcare spending accounts.
- Flexible work schedule available in most departments.
- Life insurance and long-term disability insurance.
- Tuition reimbursement for undergraduate and graduate studies.
- Parental leave.
- Free onsite 24/7 fitness center, including training classes, Peloton bikes, and locker room/shower facilities.
- Onsite cafeteria and coffee shop.
- Additional convenience benefits and discounts.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
