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Research Assistant

Federal Reserve Bank of Richmond Economics logo

Federal Reserve Bank of Richmond
Charlotte or Baltimore - United States
S: See advert

The Supervision, Regulation and Credit (SRC) Department, Risk & Policy Unit, of the Federal Reserve Bank of Richmond is looking for a SRC Research Assistant in its Policy Analysis Group. The SRC Research Assistant assists the Policy Analysis economists and analysts with research, analytical projects, and supervisory initiatives; performs basic economic and statistical analyses using Matlab, SAS and other data storage/econometric software to support the research initiated by economist group initiatives; and regularly co-authors research articles and/or papers with Policy Analysis Economists. Policy Analysis has staff in Charlotte, NC and Baltimore, MD and the Research Assistant can be located in either of these cities.

With an application, candidates are required to submit a resume (CV), cover letter, and university transcript(s). Transcripts (unofficial copies are okay at this time) and other required documents should be uploaded as attachments to your electronic submission.

The deadline for applying on line is 5:00PM on April 30, 2014. The selected candidate will be subject to special background check procedures, and may be offered a position either as an SRC Associate Research Assistant or an SRC Research Assistant, depending on candidate's knowledge, skills, and experiences as defined in the job qualifications/experience. Salary offered will be based on the job responsibilities and the individual's knowledge, skills and experience as defined in the job qualifications/experience.

***The hiring range is $54,186 – $67,733, annually.

Essential Job Responsibilities include but are not limited to the following:
Performs economic, financial, econometric, and statistical analyses; organizes data for analysis and writes computer codes using mathematical and statistical software such as Matlab, SAS,and Stata. If required, learns additional software packages and database systems.
Co-authors articles and/or research papers with department Economists on a regular basis.
Performs more general research and analysis on topics related to the economy, financial markets, banking and bank supervision.
Gathers data and writes documentation of data sources and statistical tests that have been performed on the data.
Reviews literature on research topics, determines what information is relevant to the project and provides economists with summaries of findings, both orally and in writing. Proofreads/edits early drafts of memos, reports, papers, and other regulatory documents.
Provides organizational support to ongoing Risk & Policy and Policy Analysis initiatives (such as critical issues surveillance, web redesign, business intelligence, and marketing). Prepares draft memos for Policy Analysis senior economists and managers.
Actively participates in the Policy Analysis seminars, team meetings and conference calls. Participates in System and industry training courses/workshops/conferences and communicates emerging trends, commonalities, and key "take-aways" to economists and managers.
Develops banking/regulatory knowledge through hands-on assignments, self-study, and formal training.
Performs other duties as assigned or requested.
Can effectively balance multiple responsibilities and can work well under pressure.
Approximate travel of 10%.

Qualifications/Experience (required):
Bachelor's degree with considerable coursework in economics and/or finance, mathematics and statistics (minimum) with minimum of three (3) years of relevant research experience in research position. A minimum GPA of 3.0 or higher is strongly preferred. A Master's degree in economics, finance, statistics, or a related field is highly desired.
Proven academic success in econometrics, mathematics, statistics, finance, and banking courses.
Proven experience with spreadsheet/presentation software, including preparing summary charts, graphs, and tables.
Proven experience in computer programming, particularly in data manipulation and statistical analysis (mainframe or desktop).

Job summary

Employer:

Federal Reserve Bank of Richmond

Location:

Charlotte or Baltimore, United States

Education:

Bachelor's Degree

Sector:

Economist

Salary:

See advert

Job Type:

Permanent

Hours:

Full-Time

Posted:

11th April 2014

Apply By:

7th May 2014

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