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Research Analyst - Monetary Policy, Research & Statistics

Company

Federal Reserve Bank of New York
Address , New York, Ny
Employment type FULL_TIME
Salary $69,500 a year
Expires 2023-06-08
Posted at 1 year ago
Job Description
Company
Federal Reserve Bank of New York
Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.
The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.
What We Do:
At the direction of economists and senior research analysts or research associates, the Research Analyst will help prepare analyses, reports, and other materials for policy and research projects.
Your Role as a Research Analyst:
  • Develop the ability to assist economists and senior staff in their Bank policy work. You will: download and assemble data; prepare charts and tables; create and maintain spreadsheets; use statistical, econometric and other software packages to perform analyses and model estimation and simulations; and assistance in preparing memos and presentations.
  • Develop the ability to assist economists and senior staff in their long-term research. You will: perform literature reviews and archival research; download and assemble data; prepare charts and tables; create and maintain spreadsheets; use statistical, econometric and other software packages to perform analyses and model estimation and simulations; and help with writing and proofreading articles.
  • On a rotating basis, provide support to: (1) the production of documents prepared for regular briefings of the Bank president, senior management, and the Bank`s Board of Directors; (2) the production of material included in the Blackbook and other briefing documents produced as part of the FOMC cycle; (3) the production of other reports to carry out the Bank`s and Research Group`s goals; and (4) the performance of other tasks to accomplish the Bank`s and Research Group`s goals.
What we are looking for:
  • Work cooperatively in a team environment
  • Experience in data analysis and using statistical packages (e.g., R, Stata, Matlab, SAS, Gauss, TSP, RATS, EViews, PROCSQL), or other computer programming experience (e.g., Java, C++).
  • Experience in Economics, Mathematics, Statistics, or related field.
Base Salary: $69,500
Touchstone Behaviors set clear expectations for leading with impact at every stage of our careers and aspire to achieve in our continued growth and development.
Communicate Authentically: Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank's work forward.
Collaborate Inclusively: Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results.
Drive Progress: Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and uncertainty to drive outcomes.
Develop Others: Equitably champion, mentor, and develop others to grow professionally. Demonstrate vulnerability and empathy to create a trusted environment.
Take Ownership: Establish an environment of action and excellence by holding self and others accountable to execute to the highest standard.
Benefits:
Our organization offers benefits that are the best fit for you at every stage of your career:
  • Onsite Fitness & Wellness Center
  • Subsidized Public Transportation Program
  • Tuition Assistance Program
  • Fully paid Pension plan and 401k with Generous Match
  • And more
  • Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)

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.

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 permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship 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.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions 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
Regular
Job Exempt (Yes / No)
Yes
Job Category
Economics/Research
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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