Full-Time

Research Associate

Banking and Financial Markets

Posted on 10/25/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Entry

No H1B Sponsorship

Kansas City, MO, USA

Hybrid position requiring 60% in-office presence in Kansas City.

US Citizenship Required

Category
Corporate Finance
Risk Management
Finance & Banking
Required Skills
Python
R
MATLAB
Data Analysis
Requirements
  • Bachelor’s or master’s degree in economics or finance or a closely related field, such as statistics, mathematics, or computer science.
  • Coursework or experience in economics required; coursework or experience in econometrics, mathematics, statistics, and computer science highly desirable.
  • Coursework or experience in banking and finance highly desirable.
  • Proficiency in programming languages and statistical software packages, such as Stata, R, Python, or Matlab, highly desirable.
  • Strong academic record.
  • Experience with empirical research and data analysis highly desirable.
  • U.S. citizenship is required.
Responsibilities
  • Working with Ph.D. economists on policy briefings and academic research projects.
  • Gathering and analyzing data, programming economic models, and preparing charts for presentations on economic and financial conditions. This position will primarily work with banking and financial data.
  • More experienced RAs participate in econometric or theoretical research, write for Bank publications, and deliver speeches to civic and educational groups.
The Federal Reserve System

The Federal Reserve System

View

The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and ensuring financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. Additionally, the Federal Reserve supervises and regulates banks and bank holding companies to maintain a safe and sound banking system. It also provides essential financial services to banks and the U.S. government. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its goals. The primary aim of the Federal Reserve is to foster a strong economy and a stable financial system, ultimately benefiting the public and the global economy.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

1913

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • FedNow Service drives innovation in the payments ecosystem.
  • Annual stress tests reinforce confidence in the U.S. banking sector.
  • Basel III Endgame reproposal may enhance financial stability.

What critics are saying

  • Increased regulatory scrutiny may strain resources and relationships with banks.
  • Complexities in IOER implementation could affect economic stability management.

What makes The Federal Reserve System unique

  • The Federal Reserve is the central bank of the United States.
  • It introduced the Interest on Excess Reserves (IOER) in 2008.
  • The FedNow Service enables real-time payments, launched in July 2023.

Help us improve and share your feedback! Did you find this helpful?

INACTIVE