Research Associate

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 a dynamic team of mission-driven professionals to strengthen and protect our economy and our communities.

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 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 2026.  In addition to the Richmond-based positions, the 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; you can find more information and apply in this link: https://rb.wd5.myworkdayjobs.com/FRS/job/Board-of-Governors-BOG/Research-Associate---Washington--DC_R-0000030060

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.  

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, analyzing time-series and panel data, writing 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. 
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