Research Associate, Research

Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems.

We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team for our future.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.

In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more.

All brought together in a flexible work environment where you can truly find balance.

 

About the Opportunity  

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 2025.   

We are looking for candidates with diverse backgrounds, interests, and perspectives.

During the two years they spend in the Department, we mentor our Research Associates (RAs) and provide them with many opportunities to learn, in their daily work interactions with economists and other RAs, as well as attending seminars and lectures, and giving 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.  

What You Will Do: 

Each of our RAs is assigned to support two or three economists with their academic research.

Projects cover a wide range of topics (including general equilibrium macroeconomic models, time-series econometrics, labor economics, financial economics, contract theory, public and health economics, industrial organization, and regional economics).

Responsibilities include writing computer code to solve dynamic economic models or analyze time-series and panel data, literature reviews, and helping with model derivations.

RAs also use these tools to assist in the preparation of policy briefings.

RAs may be asked to add new long-term projects to their responsibilities or collaborate in short-term tasks during their two years, depending on the economists needs and on their performance.

The position is an excellent opportunity for students interested in pursuing graduate studies in economics. 

Visit us online for more information about the Research Department and the RA program. 

Application Requirements: 

Please submit the following three documents in the Attachments/Resume/Cover Letter section of the application (pleas...