Research Associate

Job Description

Research Associate | Federal Reserve Bank of Kansas City

The Tone:
This is a full-time, regular role at Federal Reserve Bank of Kansas City, located in Kansas City, MO, with hybrid work flexibility allowing for 5 days per month remote work. As the nation’s central bank, the Federal Reserve plays a key role, collaborating with leading professionals to strengthen and protect economic, financial, and payments systems. The Economic Research Department conducts innovative analysis and research on a wide array of economic topics. This role contributes to the mission by supporting the Federal Reserve and the broader economy, while also fostering professional development.

The TL;DR
• Role: Full Time
• Type: Regular
• Location: Hybrid, Kansas City, MO, USA
• Pay: $59000–$76300 yearly
• Team: Economic Research Department
• Mission: Collaborate with economists to conduct analysis and research on macroeconomic, monetary policy, international trade, applied microeconomics, labor economics, fiscal policy, energy economics, regional economics, and payments topics.
• Tech Stack: Stata, R, Python, Matlab

What You’ll Actually Do
• Collaboration: Work closely with PhD economists on policy briefings and academic research projects.
• Data Management: Gather and analyze data relevant to economic and financial conditions.
• Modeling & Presentation: Program economic models and create charts for presentations on economic and financial conditions.
• Research Participation: Participate in econometric or theoretical research endeavors.
• Communication: Write for Bank publications and deliver speeches to civic and educational groups.

The Must-Haves
• Background: Bachelor’s or master’s degree in economics or a closely related field such as statistics, mathematics, or computer science.
• Experience: Required coursework or experience in economics; highly desirable coursework or experience in econometrics, mathematics, statistics, and computer science.
• Skills: Proficiency in programming languages and statistical software packages such as Stata, R, Python, or Matlab.
• Bonus: A strong academic record and experience with empirical research and data analysis are highly desirable.