Full-Time

Economist

Confirmed live in the last 24 hours

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Compensation Overview

$146.4k - $201.3kAnnually

Entry

H1B Sponsorship Available

Richmond, VA, USA + 2 more

More locations: Charlotte, NC, USA | Baltimore, MD, USA

Candidates should reside within the Federal Reserve Fifth District.

US Citizenship Required

Category
Management Consulting
Consulting
Requirements
  • Ph.D. in economics or a related discipline
  • 0 to 3+ years of relevant work experience
  • Fundamental knowledge of economic theory, econometrics, and statistics
  • Knowledge of economic policy analysis and subject matter expertise as demonstrated by rigorous research and analysis suitable for top academic journals
  • Ability to author content which clearly and concisely conveys critical information about complex subjects
  • Strong engagement skills sufficient to present complex information
  • Superior skills using econometric and statistical analysis software, and computer programming languages
  • Ability to travel to conferences and within the Federal Reserve System
Responsibilities
  • Conduct independent research and analysis on topics in economics, including macroeconomics, banking and financial markets, and regional and urban economics using advanced economic theory, and/or statistical and econometric analysis, for publication in top-tier external journals and Bank publications.
  • Actively present research at high-caliber academic conferences and Federal Reserve System conferences.
  • Prepare and deliver scheduled and ad hoc policy briefings for the Bank president on policy matters, banking, or regional activities.
  • Brief and counsel senior management on the national, regional, and international economy and on issues concerning monetary policy, bank and financial regulation, and financial markets.
  • Assist in the preparation of speeches or presentations for senior management.
  • Enhance subject matter expertise in specific policy areas through research and external relationships.
  • Provide subject matter expertise to support department and Bank initiatives.
  • Collaborate with and mentor research assistants.
  • Actively participate in research programming and activities, discussions and deliberations.
  • Promote a diverse and collaborative research environment.
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

  • Working at the Federal Reserve offers the opportunity to contribute to significant economic policies that impact the global economy.
  • The Fed's diverse and inclusive work environment fosters creativity and innovation, providing room for personal and professional growth.
  • Employees benefit from a high-performance culture with meaningful responsibilities and a strong work-life balance.

What critics are saying

  • The Federal Reserve's involvement in controversial areas like crypto regulation and monetary policy can lead to public scrutiny and pressure.
  • The complexity and scale of its operations may result in slower adoption of new technologies, as seen with the FedNow system.

What makes The Federal Reserve System unique

  • The Federal Reserve System stands out as the central bank of the United States, wielding unparalleled influence over national monetary policy and financial stability.
  • Its role in supervising and regulating banks, alongside providing financial services to the U.S. government, sets it apart from other financial institutions.
  • The Fed's introduction of innovative systems like the FedNow instant payments platform highlights its commitment to modernizing financial services.

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