Economist - Research & Statistics Group at Federal Reserve Bank (FRB)

Posted in General Business 13 days ago.

Type: Full-Time
Location: New York, New York

Job Description:


Federal Reserve Bank of New York

The Federal Reserve Bank of New York is looking for a diverse group of new and experienced PhD economists in multiple fields to reinforce the Bank’s efforts to make the US economy stronger and the financial system more stable, with a focus on monetary policy and financial markets and institutions. Economists at the New York Fed are expected to produce high-quality research for publication in refereed journals and to provide policy analysis tied to improving the soundness and vitality of the economy. Salaries are commensurate with experience and level of achievement.

This position will offer workplace flexibility e.g. working remotely and on site as needed/ desired during the week. Employees can expect to be in the office weekly as needed for meetings and team collaboration and should live within a commutable distance. The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person a couple days a week.

Please visit our website to learn more and review the FAQs prior to submitting your application. The application deadline is November 19, 2021.

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

What we are looking for:

  • Candidates who hold or are pursuing a PhD in Economics or Finance

  • Demonstrated ability to apply advanced economic theory and statistical and mathematical techniques in researching and analyzing economic policy issues

  • Commitment to engaging in and sustaining a diverse and inclusive research environment at the Bank and in the economics and finance professions

  • Excellent research and communication skills


Our organization offers an extensive range of benefits:

  • Pension plan and 401(k) with match starting at 6% of base salary

  • Comprehensive insurance plans (medical, dental, and vision, including flexible spending accounts and health savings accounts)

  • Subsidized public transportation program

  • And more

Please note that the 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 and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements.

In addition, all candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana. All non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.

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.

Incumbent must be fully vaccinated against COVID-19, unless the Bank grants an exemption based on a medical condition or sincerely held religious belief.

This is not necessarily an exhaustive list of all responsibilities, duties, skills, or performance standards 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


Job Exempt (Yes / No)


Job Category


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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Salary: $190,000.00

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