Research Analyst

Federal Reserve Bank Of Atlanta - Cleveland, OH

Part-time,Full-time - Entry Level

Cleveland, OH

Monetary Authorities-Central Bank

About the position

The Federal Reserve Bank of Cleveland is seeking Research Analysts to join its Research Department, which plays a crucial role in conducting policy analysis, producing academic research, and providing strategic insights on monetary policy and economic issues. This position is designed for individuals who are innovative thinkers and are eager to contribute to the Bank's mission. Research Analysts will support the research efforts of the Bank's economists, contribute to various publications, maintain economic indicators on the Bank's website, and assist in preparing policy briefings for the Bank's President prior to Federal Open Market Committee meetings. The role is ideal for candidates considering a Ph.D. in economics or finance, as it offers a unique opportunity to develop knowledge in new areas of economics, enhance data analysis and programming skills, and engage directly with experienced economists. Research Analysts will conduct directed research that contributes to both internal and external publications, engage in policy advising, and participate in outreach activities. Responsibilities include collecting and analyzing data, performing statistical and econometric analyses, writing computer programs, and conducting literature reviews. The position typically lasts for 2 to 3 years, providing a solid foundation for future academic or professional pursuits in economics or finance.

Responsibilities

• Support the research of the Bank's economists.
• Contribute to Bank publications.
• Maintain economic indicators on the Bank's website.
• Assist in preparing policy briefings for the Bank's President before Federal Open Market Committee meetings.
• Conduct directed research that contributes to internal and external publications.
• Collect and analyze data, perform statistical and econometric analyses, and write computer programs.
• Conduct literature reviews.

Requirements

• Bachelor's degree (completed by the summer of 2025) with emphasis in economics or a closely related field, such as finance, mathematics, statistics, or computer science.
• Knowledge of monetary policy and macroeconomics preferred.
• Working knowledge of econometrics and statistics packages, such as Stata, MATLAB, R, or Python.
• Prior research experience in economics strongly preferred.
• Excellent oral and written communication skills.

Nice-to-haves

• Experience with programming languages such as Python or R for data analysis.
• Familiarity with economic modeling and forecasting techniques.

Benefits

• Professional growth opportunities within the Federal Reserve Bank of Cleveland.
• Access to a diverse and inclusive work environment.
• Participation in a prestigious organization recognized as one of Northeast Ohio's Best Places to Work.