CompanyFederal Reserve Bank of New York
Working at the Federal Reserve Bank of New York places you at the intersection of world class economic research and public policy. As part of a diverse team of economists and analysts, you will contribute to cutting-edge economic research that helps shape policy decisions and informs the public about key economic issues. Your work will help the Bank achieve its mission of making the U.S. economy stronger and the financial system more stable for all segments of society.
The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.
What we do:
Working in a collaborative team environment, we conduct economic research and perform a wide array of analyses to monitor economic conditions in the nation and region, learn about consumer and firm behavior, and gauge expectations on a number of important economic indicators such as inflation, unemployment, and household finances to inform policymakers and the public.
Your Role as a Data Analytics Specialist:
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Leverage your technical skills to unleash the power of microdata and uncover new insights.
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Coordinate the process used to produce important policy-relevant, public-facing research products such as the Survey of Consumer Expectations.
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Use econometrics, statistics, and other analytical tools to assemble, manage, and analyze data, and generate compelling visuals to effectively communicate complex findings.
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Contribute to the writing of impactful publications and preparation of highly visible presentations, ensuring the highest standards of quality and integrity.
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Collaborate closely with respected economists on quantitative and qualitative economic research projects.
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You will be a critical part of a team committed to learning and will develop new skills keeping you on the cutting edge of economics, data science, and statistical analysis.
What we are looking for:
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The ability to work cooperatively in a team environment and independently, as required.
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Training, experience, and deep interest in economics, econometrics, statistics, and/or data analytics.
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Experience in data analysis using STATA.
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Initiative and good project management skills including the ability to manage multiple projects and changing priorities, often under strict deadlines.
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High attention to detail as well as highly developed organizational skills.
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Experience with other statistical software (e.g., R, SAS), other computer programming languages (e.g., C++, Julia, Matlab, Python, SQL) or bash scripting will be considered a plus.
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Experience working with survey data, designing survey questionnaires, and/or fielding surveys or field experiments will be considered a plus.
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Graduate training in economics will be considered a plus.
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Demonstrated interest in or experience with empirical research will be considered a plus.
Please include resume, unofficial transcript, and writing sample (if available).
Salary Range: $116500-158500 / year
We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.
Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more.
Benefits:
Our organization offers benefits that are the best fit for you at every stage of your career:
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Fully paid Pension plan and 401k with Generous Match
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Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
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Subsidized Public Transportation Program
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Tuition Assistance Program
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Onsite Fitness & Wellness Center
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And more
This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.
The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service.
We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at [email protected] and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.
Full Time / Part TimeFull time
Regular / TemporaryRegular
Job Exempt (Yes / No)Yes
Job CategoryData Analytics
Work ShiftFirst (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.
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What We Do
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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/