Research Assistant - Federal Reserve Bank (FRB)

Company

Federal Reserve Bank of Minneapolis

The Minneapolis Federal Reserve Bank's Research Division is seeking Research Assistants to join our Economic Analysis group (EA).

The Economic Analysis group at the Federal Reserve Bank of Minneapolis conducts research and provides analytic support for the Bank President, Research Director, and other Senior Bank Management on a broad range of policy-related topics. The Research Assistant position is responsible for supporting staff economists in fulfilling this mission.

This position is expected to start in the Summer, 2024.

Onsite work is an essential function of this position, and you are expected to be in the office 5 days per week for meetings and team collaboration, unless directed otherwise by your supervisor.

To be considered, your application must include (attach all documents in upload link):

• Cover letter explaining interest in the position and plans for graduate study afterwards.

• Resume/ CV

• Transcript(s)

• Letters of Recommendation: (optional at the time of application but required after initial interview)

Responsibilities:

• Work independently to assist economists in a timely manner with Institute projects.

• Download and assemble data sets.

• Create advanced charts, tables, and presentations in support of economists’ Institute projects.

• Prepare clear verbal and advanced written reports.

• Use applicable statistical, econometric, and other software packages at an advanced level to program, perform analyses, model estimations and simulations, and assist with the preparation of memos.

• Compile literature reviews and conduct archival research, handle and configure data, present and maintain data in an esthetically and user-friendly format.

• Co-author and proofread articles with the oversight of economists.

Qualifications

• Bachelor's degree with coursework in economics, mathematics, statistics, or database analysis. Advanced coursework in statistics/econometrics preferred.

• Strong analytic and problem-solving skills; effective oral and written communication skills; proficiency in Microsoft Excel.

• Demonstrated ability to meet strict deadlines and work cooperatively within a team environment.

• Verifiable experience with data collection, management, and analysis by using large databases and statistical packages (e.g., Stata, Matlab, R, SAS, Gauss) or other related computer programming experience is preferred.

Additional Information:

Salary Range: $ $56,900 - $71,130- $85,400 Annually.

Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.   

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

• Comprehensive healthcare options (Medical, Dental, and Vision)

• 401(k) match, and a fully funded pension plan

• Paid time off and holidays

• Free public transportation passes

• Annual educational assistance

• On-site fitness facility

• Professional development programs, training, and conferences

• And more…

This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and meet other additional eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship. 

The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued.We believethat we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists, we work together to represent you in our economy. 

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Economics/Research

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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