Federal Reserve Board · 6 hours ago
Economist
The Federal Reserve Board is seeking new Ph.D. and seasoned economist candidates who demonstrate the potential to contribute creatively to policy analysis and academic research in a collaborative workplace. The role involves activities supporting the Board's efforts in monetary policy and financial regulation, including analysis and forecasting of economic developments and the maintenance of relevant economic data.
Banking
Responsibilities
Current analysis and forecasting: Provides information, analysis, and technical advice to the division's senior staff, Board Members, or the FOMC via memoranda, reports, and briefing material
Monitors and reports to the Board and the FOMC on developments in particular sectors of the U.S. and foreign economies and domestic and international financial markets
Prepares material for, writes, or edits portions of the "Tealbook"—reports prepared for the Federal Open Market Committee before each of its meetings
Forecasts key economic and financial variables for the United States and other countries
Develops and maintains econometric models of economic behavior for use in forecasting or policy analysis
Statistical development and automation: Engages in careful study of analytical and econometric methods, data sources, and economic forecasting techniques and recommends or implements modification of existing procedures
Develops techniques for automating work through original programming or adaptation of available computer software
Coordinates section requirements for computer hardware, data systems, and software
Participates in establishing methods and systems (including seasonal adjustment, sampling, survey design, and other statistical procedures) for data collection or analysis of economic variables relevant to the formulation and conduct of monetary and regulatory policy
Maintains and develops databases and related information structures that are used in statistical releases, forecasting, and/or policy formulation
Oversees design and production of statistical releases
Designs and implements direct surveys of economic and financial activities
Regulatory related activities: Analyzes structural changes in domestic and international financial markets
Develops or evaluates proposals for policy changes in the areas of the Board's regulatory responsibilities; monitors and evaluates regulations that have been adopted
Analyzes applications for banking mergers and acquisitions
Research: Works closely with the division's senior staff in initiating, developing, and carrying out original research work or projects designed to fulfill the policy analysis and current reporting responsibilities of the division
Prepares research papers that may be presented to the Board and its staff, given at outside seminars and conferences, or published in professional journals
Other activities: Drafts testimony and speeches, prepares related background materials, and answers official correspondence for Board Members
Answers inquiries from the Congress, other agencies, and the general public
Reviews and comments on articles prepared by Reserve Bank staff for publication by the System
Participates or assists in operational reviews of the statistics and discount window functions at Reserve Banks
Represents the division and the Board at conferences, at meetings, and in communication with foreign and other U.S. governmental agencies and with international organizations
Participates in the recruitment and evaluation of prospective new economists and research assistants
Establishes and maintains working relationships with economists and other professionals both within and outside the Federal Reserve System
Under the direction of the section chief or senior economist, may oversee assignments given to statistical or research assistants
Qualification
Required
PhD in economics, finance, or a related discipline
0 years of experience
Demonstrated potential to contribute creatively to policy analysis and academic research
Ability to work in a collaborative workplace
Candidates nearing completion of their doctoral dissertation are also invited to apply
Benefits
Thrift (401k) plan
Retirement plan
Health benefits, such as health insurance, dental, and vision plans
Company
Federal Reserve Board
The Federal Reserve System is the Central Bank of the United States.
Funding
Current Stage
Late StageRecent News
2025-05-05
2025-05-04
2025-04-16
Company data provided by crunchbase