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Research Assistant/Sr. Research Assistant (Evergreen Requisition - Hybrid) - Philadelphia Pennsylvania
Company: Federal Reserve Bank of Philadelphia Location: Philadelphia, Pennsylvania
Posted On: 05/03/2024
CompanyFederal Reserve Bank of PhiladelphiaResearch assistants (RAs) play a key role in the Economic Research Department. Whether they are helping economists prepare briefings on current monetary policy issues, working on economic forecasts, writing some of our newsletters on economic conditions, or analyzing data for long-term research projects, RAs are an essential part of our team. The department is organized into four sections: Macroeconomics, Banking, Consumer Finance Institute, and Regional/Microeconomics. Within these sections, our economists conduct innovative research on monetary policy, macroeconomics, banking and finance, financial services regulation, payments, regional and urban economics, and other aspects of central banking. By working with economists on these research projects, RAs fully experience all stages of the economic research process.NOTE: The start date for this position will begin in the Summer of 2024! The job description below reflects the higher level of a dual grade job posting. Candidates who possess a slightly lower level of experience, education, or qualifications may also be considered.The for this position is 8/10.The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System.It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government.The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.Job DescriptionOur department prides itself on its collegial atmosphere. RAs help one another develop their statistical, data, and programming skills. Our economists collaborate on research with academic and central bank colleagues from around the world; as a result, so do our research assistants.The assignments in the Economic Research Department offer our RAs a number of ways to increase their knowledge of economics and their analytical skills. Moreover, RAs have access to a number of training and education opportunities, including courses in computer software and programming languages, as well as undergraduate and graduate courses in economics, statistics, and mathematics.Working as a RA at the Philadelphia Fed is a rewarding experience, whichever career path you ultimately choose to pursue. Our RAs have gone on to top graduate schools in economics, public policy and law; some have found opportunities in other departments in the Bank; and others have moved into higher positions within the Economic Research Department.RAs typically work at the Philadelphia Fed for two to three years before continuing on to graduate programs or other careers in economics or related fields.To Apply: Please attach your cover letter, resume, and unofficial transcript to the Attachments tab. We may ask for 2 letters of recommendation, but, please do not have them sent until requested by the hiring team.Requirements:Undergraduate or graduate degree in economics, mathematics, or statisticsCoursework in econometrics or advanced statistics, preferredProgramming experience, preferably in SAS, STATA, R, Python and/or MatlabResponsibilities include:Assisting economists with statistical and econometric analysis for long-term, academically oriented research projectsAssisting economists with reports and presentations on current economic and financial conditions for pre-FOMC briefingsProducing various Bank publications for public consumptionOn a day-to-day basis, RAs are expected to:Identify and collect data or other information from academic journals, market sources, and government reportsWrite computer programs using statistical software such as SAS, Stata, R, Python and MatlabReview, organize, and analyze economic and financial dataWrite or help prepare reports and presentations in the form of graphs or tablesOther:Our benefit plans are designed to be the best fit for you at every stage of your career! |
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