Research Associate

Federal Reserve Bank of PhiladelphiaSaint Louis, MO
Onsite

About The Position

The St. Louis Fed hires several Research Associates each year. Start dates for this search are in the Spring or Summer of 2027. This is an excellent opportunity to work with, learn, and engage with our reputable economist staff, visiting fellows and scholars. Former St. Louis RAs have continued their careers in other Bank divisions, in PhD programs, and in the private sector. Our summer internships provide talented students an opportunity to gain valuable experience by working on projects that support our business areas; and ultimately impact the national economy. Our intern program also allows insight into the possible future entry-level positions and be exposed to several areas across the division and bank. The Bank’s RA program is structured as a two-year program, with most RAs continuing on to graduate programs or other careers in economics or related fields after two years with the Bank. Employment is at-will.

Requirements

  • A GPA of 3.5 or above
  • Bachelor’s degree in economics, econometrics, or quantitative economics
  • Strong background in mathematics and statistics, including coursework in Calculus II, Econometrics, Linear Algebra, and Differential equations
  • Previous economic research experience, such as undergraduate research assistant, research-related internship or independent research project.

Responsibilities

  • Perform statistical, econometric, computational and analytical research that economists can use for publication in academic journals.
  • Utilize Excel and statistical packages such as Stata, R, Matlab, Julia, Python, and SAS.
  • Collect, organize and interpret economic and financial data.
  • Review academic journals, market sources and government reports.
  • Write short articles or assist economists in developing short articles and presentations on current economic and financial conditions and policy issues.
  • Attend to additional assignments, including gathering and organizing survey data and anecdotal information and summarizing economic data for the Beige Book.

Benefits

  • Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
  • 401k/Thrift Plan with generous employer match
  • Employer-funded Pension Plan
  • Paid Vacation/Sick Time and Holidays
  • Flexible Spending Accounts and Healthcare Spending Accounts
  • Life Insurance and Long Term Disability Insurance
  • Tuition Reimbursement (undergraduate and graduate)
  • Parental Leave
  • Free onsite 24/7 Fitness Center including training classes, and locker room / shower facilities
  • Onsite Cafeteria and Coffee Shop
  • Additional Convenience Benefits, Discounts and More…
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