Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic and diverse team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance.

About the Opportunity

The Research Department has an immediate opening for a Research Analyst to join a collaborative team of research analysts and regional economists in our Regional and Community Analysis unit.

You will clean and analyze data gathered through our Survey of Community College Outcomes (SCCO) and support a range of activities in the department, from internal briefings for the Bank President to external presentations and publications for the public. Bring your strong analytical skills, a firm grasp of economic principles, an interest in workforce development and higher education, and a desire to continuously improve processes, learn and grow! The position is located in the Bank’s riverfront headquarters building in Richmond, Va or at the branch location in Charlotte, Nc.

With your application, please submit a cover letter, resume, and writing sample focused on data analysis. Documents should be uploaded as attachments to your electronic submission.

What You Will Do:

• Perform data collection, data organization, and data cleaning of data collected through our Survey of Community College Outcomes

• Produce written content related to the Survey of Community College and our broader work on higher education and workforce development

• Conduct quantitative and qualitative data analysis

• Write detailed findings for inclusion in internal or external publications; may edit and review work of less senior staff

• Create charts and other data visuals for internal and external presentations

• Maintain records and perform data upkeep for large data sets related to higher education and workforce development, beyond the SCCO data.

• Collaborate with peers and other departments to align research activities with Bank goals and strategies

• Present survey finding to external groups

Qualifications:

We are seeking candidates with a Bachelor’s degree, coursework in economics (preferred), and three or more years of relevant work experience. Experience with computer programming and statistical analysis software packages (such as Stata, R, Matlab, C, Fortran, Gauss, and Python) is highly valued. Experience with Tableau is a plus. Acute attention to detail with a high level of data integrity and accuracy is required, as are strong research skills, analytical ability, and the ability to write reports that concisely convey critical information about complex subjects.

Discover the Reason Why So Many People Love It Here!

When you join the Richmond Fed, not only will you find a challenging and purposeful career, you’ll also have access to a wide range of benefits and perks that support your health and wealth, including:

• Great medical benefits

• Pension and 401(k) with employer match

• Generous paid time off

• Tuition reimbursement

• Employee resource networks

• Paid volunteer leave

• Flexible work options

• Onsite amenities that make working here fun

Other Requirements and Considerations:

• Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.

• If you need assistance or an accommodation due to a disability, please notify rich.recruit@rich.frb.org.

• Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.).

• No Key Point: Sponsorship is not available for this role. Selected candidate is subject to special background check procedures.

• The hiring range of the Research Analyst position is $67,600 – $92,950 annually.

• Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.

• The Fifth District provides a hybrid work environment. This position is required to be onsite on Tuesday, Wednesday, and Thursday each week.

• Interested candidates are strongly encouraged to apply by September 18th. Applications are reviewed on a rolling basis. Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Economics/Research

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.

Always verify and apply to jobs on Federal Reserve System Careers ( https://rb.wd5.myworkdayjobs.com/FRS ) or through verified Federal Reserve Bank social media channels.

Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)

OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

Why Our People Choose Us:

Our reputation precedes us

There will always be room for personal growth

Our people are first

You’ll find the right balance

Your responsibilities will be meaningful

We hope that you will be our future colleague.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.