Federal Reserve Board

Research Assistant

Federal Reserve Board  •  $59k - $89k/yr  •  Minneapolis, MN (Onsite)  •  1 month ago
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Job Description

Company

Federal Reserve Bank of MinneapolisThe Minneapolis Federal Reserve Bank's Research Division is seeking a Research Assistant to join our Economic Analysis group (EA).

The Economic Analysis group in the Research Division 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.

Expected start date will be Summer 2026

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.

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

  • Academic 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 research projects.

  • Assist in development of Research Division events and products.

  • Download and assemble datasets.

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

  • Prepare clear verbal remarks 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 organized and user-friendly format.

  • Proofread and (potentially) co-author 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.

Salary & Benefits:

The full salary range is $59,300 - $74,081 - $88,900, however, the expected starting salary range is $59,300-$65,000 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…

The Minneapolis Fed is committed to fostering an environment where all employees are respected and valued. We provide equal employment opportunity to all persons and we work together to pursue an economy that works for all of us.

Additional Information:

*This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. Candidates who are not U.S. citizens must sign a declaration of intent to expeditiously become a U.S. citizen when eligible.

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.

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Federal Reserve Board

About Federal Reserve Board

The Federal Reserve System is the Central Bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.

Today the Federal Reserve's duties fall into four general areas:

Conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices and moderate long-term interest rates.

Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers.

Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets.

Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Washington, DC
Year Founded
1913
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