Research Associate
Federal Reserve System • Richmond, VA48d • Hybrid
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Research Associate 2027
Federal Reserve System•Richmond, VA
•Hybrid
About The Position
The Research Department of the Federal Reserve Bank of Richmond is looking for highly motivated recent graduates to assist economists with academic and policy-oriented research full-time for 24 months starting in June of 2027. In addition to the Richmond-based positions, the Richmond Fed is also looking to hire a research associate (RA) based in Washington, DC, with travel to Richmond every six weeks required, to assist our economists who work with Census data. We are looking for candidates from a range of backgrounds, with different interests and perspectives. During the two years they spend in the Department, RAs receive direct mentorship from Research economists and a multitude of opportunities to learn through economist and RA interactions and projects. RAs also regularly attend seminars and lectures and give presentations in RA-led study groups. We provide a friendly and academically oriented environment where RAs can learn, grow and develop their own skills and interests, while contributing to our policy and research projects.
Requirements
- Bachelor’s degree
- Extensive coursework in economics (preferred)
- Extensive coursework in statistics (Econometrics required)
- Extensive coursework in mathematics (Calc I and II required)
- GPA of 3.5 or higher
- Strong oral and written communication skills
Nice To Haves
- Calc III, Linear Algebra, Differential Equations or Real Analysis and similar advanced courses
- Experience with computer programming and statistical analysis software packages (such as Stata, R and Matlab)
- Evidence of interest and experience in research in the form of previous work as a research assistant, or completion of a senior thesis or term paper
Responsibilities
- Writing computer code to solve dynamic economic models
- Analyzing time-series and panel data
- Writing literature reviews
- Helping with model derivations
- Assisting in the preparation of policy briefings
- Adding new long-term projects to their responsibilities or collaborating in short-term tasks during their two years, depending on the economists needs and on their performance.
Benefits
- Tuition assistance
- Generous paid time off
- Top-notch health care benefits
- Child and family care leave
- Professional development opportunities
- 401(k) match
- Pension
- Great medical benefits
- Paid volunteer leave
- Onsite amenities
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
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