Research Assistant Openings at the Board of Governors & the Federal Reserve Banks

The Board of Governors and the 12 Federal Reserve Banks throughout the country are currently recruiting upcoming graduates to fill a number of Research Assistant positions that will become available in spring and summer 2021. The positions are full-time, salaried, and offer full benefits, including tuition assistance. Thank you for distributing this information to graduating students in your department to alert them of these openings.

The Federal Reserve System is committed to attracting, developing, and retaining a diverse workforce. We recognize the benefit derived from different perspectives and experiences and we look carefully at candidates’ applications to identify individuals whose perspectives could benefit our work. As such, we especially encourage submissions from individuals of groups traditionally less represented in economics.

Research Assistants work closely with economists at the top of their fields on a variety of research questions and real-world policy issues while developing a toolkit beneficial for graduate study and future career paths. Research Assistants typically work for two to three years, before going on to competitive graduate programs or pursuing other careers.

We seek individuals with strong academic records and excellent written and oral communication skills. Competitive candidates should have intermediate coursework in economics and a strong foundation in mathematics and statistics. We also look for prior research experience, demonstrated interest in economics, programming experience, and familiarity with statistical programming packages, such as STATA, MATLAB, and R. Most positions require US citizenship, but some Reserve Banks consider non-U.S. citizen candidates.

Interested students will find general information about our Research Assistant program at www.fedeconjobs.org. This site also directs candidates to specific information and application instructions for each of the Federal Reserve Banks and the Board. Candidates must submit separate applications to each location of interest.