Federal Reserve Bank of Richmond

Economist

Federal Reserve Bank of Richmond  •  $170k - $280k/yr  •  New York City, NY (Onsite)  •  1 hour ago
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Job Description

Company

Federal Reserve Bank of New York

When you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system. At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to time remains important to achieving our mission.

What we do:

Economists provide analytic support for the New York Fed's core missions and engage in scholarly research on a broad range of topics. They contribute to the formulation and implementation of monetary policy, the supervision of financial institutions, the smooth operations of the payments system, the analysis

of the impact of policies on consumers and communities and the way in which the financial system supports economic growth using insights from macroeconomics, microeconomics asset pricing and corporate finance. Areas of research include financial intermediation, monetary policy, household and public policy

and financial stability.

As an Economist, you will:

  • Conduct scholarly research for publication in high-quality, peer-reviewed academic journals.
  • Provide rigorous analysis of policy issues related to the Bank’s mandate using advanced modeling and econometric techniques.
  • Contribute analytical work and prepare technical memoranda and briefings for senior bank leaders in support of policy decisions.
  • Collaborate with subject matter experts on model development, forecasts, and analysis.
  • Engage in outreach to the academic and official sector research communities through participation in seminars and conferences, as well as technical working groups.
  • Perform in accord with the Bank’s touchstone behaviors, as described below.

What we are looking for:

  • PhD in Economics, Finance, or a related field preferred
  • Interests, expertise and proficiency in macro/monetary, labor economics, econometrics/time series analysis, asset pricing and real estate are especially welcome.

Please indicate your area of interest in your cover letter and/or application: Fields of interest:

C – Mathematical and Quantitative Methods

D – Microeconomics

E – Macroeconomics and Monetary Economics

F – International Economics

G – Financial Economics

H – Public Economics

J – Labor and Demographic Economics

L – Industrial Organization

R – Regional, Real Estate, and Transportation Economics

Candidates will be considered for economist roles at different levels based on their experience, skills, and research background.

Salary Range: 170,000 -280,000

We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.

Application Deadline: November 1, 2026

Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at

every stage of your career with us. Learn more.

Benefits

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

  • Fully paid Pension plan and 401k with Generous Match
  • Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
  • Subsidized Public Transportation Program
  • Tuition Assistance Program
  • Onsite Fitness & Wellness Center
  • And more

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Economics/Research Family Group

Work Shift

First (United States of America)

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.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

Privacy Notice

Federal Reserve Bank of Richmond

About Federal Reserve Bank of Richmond

The Richmond Fed is one of 12 independent regional Reserve Banks that, along with the Board of Governors in Washington, D.C., serve as our nation’s central bank. Together, we’re working to help you be more confident in your financial decisions and in our nation’s economic and financial systems.

We serve the public and communities in the Federal Reserve’s Fifth District, including the Carolinas, Maryland, Virginia, West Virginia and our nation’s capital. We’re headquartered in Richmond, Virginia, with offices in Baltimore, Maryland, and Charlotte, North Carolina.

The Federal Reserve has an impact on your financial well-being and the broader economy by helping promote stable prices, employment and moderate interest rates. We also help ensure the safety and soundness of the financial system — from working with banks to make sure they’re financially healthy, to providing a secure and efficient way to get your payments get from point A to point B. We provide teachers with tools to educate their students about the economy. And we connect with community and business leaders and organizations to better understand local economic conditions, as well as help understand and address economic issues facing low income communities.

Learn more at richmondfed.org, or follow us on:

• Facebook (federalreservebankofrichmond)

• Twitter (@richmondfed)

• Instagram (@richmondfed)

• YouTube (richmondfed)

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Richmond, VA
Year Founded
1915
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