Economic Research Analyst

Full Time
Atlanta, GA 30309
Posted
Job description
Company
Federal Reserve Bank of Atlanta
As an employee of the Federal Reserve Bank of Atlanta, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.

In addition to competitive compensation, our total rewards program offers benefits that are the best fit for you at every stage of your career:
  • Annual tuition assistance
  • Generous paid time off
  • Top-notch health care benefits
  • Child and family care leave
  • Professional development opportunities
  • 401(k) match, pension, and more.
All brought together in a flexible work environment where you can truly find balance.
Research Analysts
The Economics Research Department at Atlanta Fed is recruiting several Research Analysts and seeks exceptional college graduates with a strong background in economics, mathematics, and statistics. Most RAs stay with the department for two to three years before leaving to attend graduate school or pursue other opportunities. Several positions are available for RAs to start mid-summer to fall 2023.
The Department
The staff of the Economics Research Department at the Atlanta Fed advises the president, Raphael Bostic, on monetary policy and conducts innovative analysis and research on a variety of topics, including macroeconomics and monetary policy, applied microeconomics and finance. For more information, please refer to our
website
.
A requirement of this position is that the employee must be fully vaccinated against COVID-19 or qualify for an accommodation from the Bank’s vaccination policy. To provide for the health and safety of its employees and support the Bank’s mission to the greatest extent possible, the Bank decided to adopt this requirement after careful review of public health information, workforce data, employee feedback, and the Federal Reserve System’s pandemic recovery plans. The Bank requires all employees to be vaccinated fully against COVID-19 as a condition of employment.
About the Position
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Qualifications:
  • Motivated and exceptional college graduates with a strong academic record in economics, mathematics, finance, statistics, computer science, or in related fields.
  • Proficiency with at least one statistical software package or programming language (e.g. Stata, R, Python, SQL, Julia or Matlab).
  • Strong communication skills and extensive experience working collaboratively.
  • Experience in working with micro data is a plus.
Responsibilities:
  • RAs assist staff economists in the analysis of current public policy issues and events including topics such as monetary policy, the state of the US and global economy, development in financial and housing markets, etc. This may include running and maintaining financial, banking and macroeconomic forecasting models or preparing background material for briefings with the Atlanta Fed president.
  • RAs assist staff economists in their research activity, allowing them to work on a broad array of applied and theoretical topics. Most RAs will provide statistical and computational analysis to support staff economists.
How to apply
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To apply, prepare a resume, cover letter and unofficial transcript copy and submit your application. Apply by March 31, 2023 to be considered. Applications will be pre-screened prior to interview selections. We will notify you if you have been selected for a virtual interview.
Frequently Asked Questions
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What areas of research will I be working on?
The Economics Research Department at the Atlanta Fed has three sections: Macroeconomics and Monetary Policy, Applied Microeconomics and Finance. Each section has a specific research agenda with economists working on a broad variety of research topics. The specific topics you will be working on will depend on the economists you will be working with.
Do I need a strong background in computer programming?
While we do not require knowledge in specific programming languages, we do require successful candidates to have basic proficiency in at least one programming language or statistical package. We, furthermore, require candidates to be able and willing to learn new languages quickly depending on the requirements of their specific position.
What benefits does the Atlanta Fed offer?
The Atlanta Fed offers an employer-matching 401(k) savings plan; commuter subsidy program; health, dental and vision insurance; and tuition reimbursement for individual courses, certificate programs, and graduate programs. For details, please refer to our
website.
What opportunities are there for career development and continued learning?
  • Training in software, such as Stata, R, Python, SQL, Julia or Matlab
  • Attend seminars by Atlanta Fed and visiting economists
  • Working closely with Ph.D. economists
  • The Atlanta Fed offers a tuition reimbursement for coursework and degree programs at nearby universities.
Is this a long-term job?
RAs typically stay at the Atlanta Fed for 2-3 years before leaving to pursue graduate studies or other professional work.
Are non-U.S. citizens eligible for hiring?
Bank policy specifies that candidates must be eligible to work in the United States on a continuous basis for other than practical training purposes. In some cases, positions require access to confidential supervisory information or Federal Open Market Committee data, which is limited to “protected individuals” as defined in U.S. federal immigration law. Protected individuals include, but are not limited to, U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.
Where is the Atlanta Fed located?
The Atlanta Fed is located at 1000 Peachtree St NE, Atlanta, GA 30309.
Does the Atlanta Fed offer relocation assistance?
The Atlanta Fed provides relocation assistance.
Bachelor's Degree; Master's Degree or 5 years equivalent experience preferred
Experience: Less than two years
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 (e.g. emergencies, rush jobs, change in workload or technological developments). The Federal
Reserve Bank of Atlanta is an equal opportunity employer.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
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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