Business Economist

Posted 3 Days Ago
Be an Early Applicant
St Louis, MO, USA
In-Office
Senior level
Fintech • Payments • Financial Services
The Role
Conduct high-quality, publishable economic research and analysis to inform policy and pre-FOMC briefings; advise Bank leadership; engage in outreach, presentations, media, and community engagement; incorporate new data and methods and mentor colleagues.
Summary Generated by Built In
CompanyFederal Reserve Bank of St. Louis

The Research Division of the Federal Reserve Bank of St. Louis is seeking a business economist. The Economic Research Division of the Federal Reserve Bank of St. Louis is known as one of the top economic research institutions in the world. Shaping the debate on key economic issues through research and active engagement is an essential part of the mission of the Economic Research Division and the Federal Reserve Bank of St. Louis.
Business economists are expected to contribute to the Bank's research and policy mission through activities that support our Economic Expertise goal. This can include collaboration with other Bank economists, analyzing and presenting economic and financial information to diverse groups of internal and external constituents, providing periodic updates on these topics to the Bank’s President, and producing publishable research.

Responsibilities:

  • Provide expert economic analysis to inform pre-FOMC briefings and broader System policy activities; advise‑ the Bank President and senior leadership on emerging economic conditions and risks.
  • Produce high-quality, publishable research, maintaining an active pipeline of papers for peer‑reviewed journals.
  • Contribute to the public’s understanding of relevant economic issues through accessible pieces for Bank publications and blog posts and through external outreach.
  • Engage in external outreach via speeches and presentations; participate in media and public forums; and represent the Bank with business and community audiences.
  • Engage with business executives, industry analysts, and community leaders to gain insights into changes in regional and national economic conditions and inform policy work.
  • Analyze anecdotal information collected through bank outreach activities to identify emerging economic trends that may not be apparent in economic data.
  • Advance the Division’s analytical toolkit by incorporating new economic data and analytical techniques; integrate innovations into existing policy and research frameworks.
  • Demonstrate commitment to a vibrant research environment, including actively participating in seminars, engaging with visiting scholars, attending external workshops/conferences, and supporting editorial duties and mentoring.

Qualifications:

  • PhD in Economics.
  • 5+ years of experience in economic analysis.
  • In-depth knowledge of the national and/or eighth district economy.
  • Strong skills in statistical software packages or programming languages as R, Python, Matlab, or similar languages.
  • Experience conducting independent research, applying academic research and writing economic commentary and analysis, or blog posts.
  • Ability to clearly and effectively communicate complex ideas.
  • Ability to collaborate and establish successful relationships with a diverse group of people including users, team members, and management.  Experience presenting to large audiences and interacting with the media is also preferred.

Total Rewards

Bring your passion and expertise, and we'll provide the opportunities to challenge you and propel your growth—along with multiple benefits and perks that support your health, wealth, and life.

In addition to competitive compensation, we offer a comprehensive benefits package all brought together in a flexible work environment where you can find balance:

  • Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period

  • 401k/Thrift Plan with generous employer match

  • Employer-funded Pension Plan

  • Paid Vacation/Sick Time and Holidays

  • Flexible Spending Accounts and Healthcare Spending Accounts

  • Life Insurance and Long Term Disability Insurance

  • Tuition Reimbursement (undergraduate and graduate)

  • Parental Leave

  • Free onsite 24/7 Fitness Center including training classes, and locker room / shower facilities

  • Onsite Cafeteria and Coffee Shop

Additional Convenience Benefits, Discounts and More…At the Federal Reserve Bank of St. Louis, we are committed to a strong and resilient economy for all. We prioritize inclusion and strive to be a workplace where all employees can thrive. Learn more about Bank's culture.

The Federal Reserve Bank of St Louis is an Equal Opportunity Employer. #LI-Onsite

Full Time / Part TimeFull time

Regular / TemporaryRegular

Job Exempt (Yes / No)Yes

Job CategoryEconomics/Research Family Group

Work ShiftFirst (United States of America)

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

Skills Required

  • PhD in Economics
  • 5+ years of experience in economic analysis
  • In-depth knowledge of the national and/or Eighth District economy
  • Strong skills in statistical software or programming languages (R, Python, Matlab, or similar)
  • Experience conducting independent research and producing publishable papers and economic commentary
  • Ability to clearly and effectively communicate complex ideas
  • Ability to collaborate and build relationships with diverse stakeholders
  • Experience presenting to large audiences and interacting with the media
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The Company
Kansas City, MO
2,289 Employees

What We Do

This page is dedicated to Federal Reserve System career and employment related information only. Comments not pertaining to Fed recruiting will be removed. The Fed - Make a world of difference in the global economy 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. Find your preferred locations around the United States and explore the breadth of opportunity available at the Federal Reserve. Atlanta https://www.frbatlanta.org/ Boston http://www.bostonfed.org/ Chicago https://www.chicagofed.org/ Cleveland https://www.clevelandfed.org/ Dallas http://dallasfed.org/ Kansas City https://www.kansascityfed.org/ Minneapolis https://www.minneapolisfed.org/ New York http://www.newyorkfed.org/ Philadelphia https://www.philadelphiafed.org/ Richmond https://www.richmondfed.org/ San Francisco http://www.frbsf.org/ St. Louis https://www.stlouisfed.org/ Board http://www.federalreserve.gov/

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