Each year, the Center for Financial Research (CFR) hires a number of research assistants (RAs). RAs work closely with staff economists to conduct quantitative analysis and produce scholarly research. They also gather information and compile data pertaining to the financial services industry and financial markets.
RAs advance their knowledge of the banking industry through statistical analyses and the study of the banking literature, and have the opportunity to coauthor scholarly papers. RAs become proficient at manipulating and analyzing financial data. The FDIC provides training in SAS, Stata, and other statistical packages.
Former RAs have gone on to PhD and other graduate programs at top universities, pursued careers in the financial sector and consulting, and advanced to higher positions within the FDIC and other agencies. These RA positions are limited to a two-year term, with a possible one-year extension.
The FDIC offers a competitive starting salary and an excellent benefits package.
Interested applicants should send their application package by email to EconomistCareers@FDIC.gov. To be considered, application packages must include a cover letter, resume, and transcript. Incomplete applications will not be considered.
The position requires US citizenship. The position also requires the following education, experience, and academic qualifications. The applicant must have a degree in economics, earned by December 31, 2019, that includes at least 21 semester hours of economics and 3 hours in statistics, accounting, and calculus. The applicant must also have computer programming skills and experience in the use of statistical packages, or the applicant must have a combination of education and experience, such as courses equivalent to a major in economics, plus appropriate experience or additional education in economics and 3 semester hours in statistics, accounting, or calculus. The position requires one year of graduate education or superior academic achievement in undergraduate school that includes a cumulative grade point average (GPA) of at least 3.0.
The cover letter should clearly state the position for which the candidate wishes to be considered. The resume should include the position title of “Economic Research Assistant” as well as the candidate’s name, address, daytime telephone number, email address, and citizenship. More information on federal resumes. The transcript should include all coursework being used to qualify for the education requirements of the position. An unofficial transcript is acceptable for the initial application.
Eligible candidates wishing to claim Veterans’ Preference must provide the applicable DD-214 (for the 5 point veterans’ preference) or Standard form 15 (for the 10 point veterans’ preference). Please see veterans' preference for details.
If you have any questions or interest, please contact our recruiting coordinator Brian Johnson.