Company
Federal Reserve Bank of Boston
To apply for an RA position, please visit the RA Recruiting Page. https://recruitingbypaycor.com/career/JobIntroduction.action?clientId=4028f88c221095cc01227ac0674f0f6e&id=8a7887a8784b99c601786a156e70158f&source=&code=&fromAggregate=false.
As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.
To apply for an RA position, please visit the RA Recruiting Page. https://recruitingbypaycor.com/career/JobIntroduction.action?clientId=4028f88c221095cc01227ac0674f0f6e&id=8a7887a8784b99c601786a156e70158f&source=&code=&fromAggregate=false.
The Research Department and the Supervision and Credit Department of the Federal Reserve Bank of Boston are seeking exceptional college graduates who are prepared to take an active role in high-quality economic research and monetary policy making. The Research Department provides current economic analysis and policy advice to Federal Reserve decision makers and conducts innovative research with the aim of improving our understanding of the U.S. and global economies and encouraging better policy outcomes. The Supervision and Credit Department's Risk Policy Analysis Unit conducts research and analysis to support the Federal Reserve System in bank supervision, the development and implementation of regulatory policy, and the formulation of monetary policy.
Research Assistants (RAs) typically work for one or two economists, developing a personal relationship with the economists they support and a deeper understanding of their research topics. The economist's fields of interest are wide-ranging and include macroeconomics, international and labor economics, housing, health decisions, behavioral economics, and finance. In addition, the Research Department houses the New England Public Policy Center, which conducts analysis of economic and public policy issues that affect the New England region.
Research Assistant positions require a two-year commitment. After their time at the Boston Fed, (RAs) go on to attend prestigious graduate programs in economics, public policy, or other disciplines; take a job in business, finance or law; or stay with the Bank in a variety of positions. RAs are full time employees of the Bank. As such, they are competitively compensated and are eligible for a wide range of benefits including health care and tuition reimbursement.
Citizenship

• Research Assistant positions require U.S. citizenship.

Key Responsibilities

• Review, organize, and analyze economic and financial data.
• Write programs using statistical software such as STATA, MATLAB, R, SAS or Python
• Conduct literature reviews, perform thorough data analysis, and prepare written summaries of results for economists.
• Prepare charts and tables using spreadsheet and data visualization software packages.
• Conduct economic research for policy memos and for articles intended for publication by The Boston Fed, academic journals, and business periodicals.
• Design programs to clean data, perform statistical tests, and run regressions. Update and maintain data series regularly used by economists
• Proofread, edit, and fact-check articles and papers.

Education and Experience Requirements

• A bachelor's degree in economics, math, statistics, computer science, international relations, or related field with concentration in economics.
• An excellent academic record.
• Strong analytical, communications, and organization skills.
• Experience with statistical software packages and knowledge of statistics and econometrics.
• Previous economic research experience or involvement in an independent research project is helpful.

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; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank.
The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
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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