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Research Associate

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Company :
Federal Reserve Bank of Richmond

Location :
Richmond, Virginia

Expiry Date :
Mon, 26 Apr 2021 23:59:59 GMT

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Description :
Research Associate Federal Reserve Bank of Richmond VA-Richmond Full-time Regular Non-exempt Entry Level Job Type Day Job Tier II – No Credit Check At the Richmond Fed, we’re driven by our mission to strengthen the economy and our communities. We take great pride in what we do and it impacts everyday people every day. When you join our team, you’ll become part of a culture that welcomes differences, cares about our communities, and empowers each other to lead from where we are to make things better. Bring your passion and we’ll provide challenging and purposeful work opportunities to grow and a wide range of benefits and perks that support your health and wealth. It’s all part of what makes #MyRichmondFed a great place to work! About the Opportunity The Research Department of the Federal Reserve Bank of Richmond is looking for highly motivated recent graduates (December 2020 or later) to assist economists with policy-oriented and academic research full-time starting in the summer of 2021. 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: The RA pool supports multiple economists with their academic research on wide-ranging topics (including general equilibrium macroeconomic models, time-series econometrics, labor economics, financial economics, contract theory, public and health economics, industrial organization, or regional economics). Responsibilities include writing computer code to solve dynamic economic models and to analyze time-series and panel data. RAs also use these tools to assist in the preparation of policy briefings. 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. Applicants should submit three documents: (1) a resume (CV), (2) college transcripts (unofficial copies are okay at this time), and (3) a cover letter stating why they are a good match to the job, how they became interested in research and what diverse perspective they hope to bring into the profession, and how the RA experience will fit into their future careers. All required documents should be uploaded as attachments to the electronic submission. Applications are reviewed on a rolling basis. Interested candidates are strongly encouraged to apply early, though the position will remain open until all openings are filled. Qualifications: We are seeking for candidates with a Bachelor’s degree, with extensive coursework in economics (preferred), mathematics (required), and statistics. Applicants must have a GPA of 3.3 or higher. Experience with computer programming and statistical analysis software packages (such as Matlab, C, Fortran, Gauss, Stata and R) is highly valued. Strong oral and written communication skills are required. Evidence of interest in research in the form of previous work experience as a research assistant, or completion of a senior thesis, is a plus. Discover the Reason Why So Many People Love It Here! When you join the Richmond Fed, not only will you find a challenging and purposeful career, you’ll also have access to a wide range of benefits and perks that support your health and wealth, including: – Great medical benefits – Pension and 401(k) with employer match – Generous paid time off – Tuition reimbursement – Employee resource networks – Paid volunteer leave – Flexible work options – Onsite amenities that make working here fun Other Requirements and Considerations: – Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions. The Code is available on the About Us, Careers webpage at . – Candidates must be U.S. citizens or Green Card holders, since sponsorship or practical training extensions are not available for this position. – Selected candidate is subject to special background check procedures. – Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications/experience. – Applications are reviewed on a rolling basis. Interested candidates are strongly encouraged to apply by December 15th to be considered in the first round of interviews, but the position will remain open until at least February 15th. The Federal Reserve Bank of Richmond provides equal opportunity to all individuals without regard to race, sex, color, religion, gender identity or expression, sexual orientation, national origin, age, disability, or genetic information.