Research Assistant

Reposted 7 Days Ago
Be an Early Applicant
Minneapolis, MN, USA
In-Office
59K-89K Annually
Entry level
Fintech • Payments • Financial Services
The Role
The Research Assistant supports economists by conducting research, assembling datasets, creating presentations, and managing data for economic analysis projects.
Summary Generated by Built In
CompanyFederal Reserve Bank of Minneapolis

The Minneapolis Federal Reserve Bank's Research Division is seeking a Research Assistant to join our Economic Analysis group (EA).
The Economic Analysis group in the Research Division at the Federal Reserve Bank of Minneapolis conducts research and provides analytic support for the Bank President, Research Director, and other Senior Bank Management on a broad range of policy-related topics. The Research Assistant position is responsible for supporting staff economists in fulfilling this mission.

Expected start date will be Summer 2026

Onsite work is an essential function of this position, and you are expected to be in the office 5 days per week for meetings and team collaboration.

To be considered, your application MUST include (attach all documents in upload link):

  • Cover letter explaining interest in the position and plans for graduate study afterwards

  • Resume/ CV

  • Academic Transcript(s)

  • Letters of Recommendation: (optional at the time of application but required after initial interview)

Responsibilities:

  • Work independently to assist economists in a timely manner with research projects.

  • Assist in development of Research Division events and products.

  • Download and assemble datasets.

  • Create advanced charts, tables, and presentations in support of economists’ projects.

  • Prepare clear verbal remarks and advanced written reports.

  • Use applicable statistical, econometric, and other software packages at an advanced level to program, perform analyses, model estimations and simulations, and assist with the preparation of memos.

  • Compile literature reviews and conduct archival research, handle and configure data, present and maintain data in an organized and user-friendly format.

  • Proofread and (potentially) co-author articles with the oversight of economists.

Qualifications:

  • Bachelor's degree with coursework in economics, mathematics, statistics, or database analysis. Advanced coursework in statistics/econometrics preferred.

  • Strong analytic and problem-solving skills; effective oral and written communication skills; proficiency in Microsoft Excel.

  • Demonstrated ability to meet strict deadlines and work cooperatively within a team environment.

  • Verifiable experience with data collection, management, and analysis by using large databases and statistical packages (e.g., Stata, Matlab, R, SAS, Gauss) or other related computer programming experience is preferred.

Salary & Benefits:

The full salary range is $59,300 - $74,081 - $88,900, however, the expected starting salary range is $59,300-$65,000. Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.   

Our total rewards program offers benefits that are the best fit for you at every stage of your career: 

  • Comprehensive healthcare options (Medical, Dental, and Vision) 

  • 401(k) match, and a fully-funded pension plan 

  • Paid time off and holidays 

  • Free public transportation passes 

  • Annual educational assistance 

  • On-site fitness facility  

  • Professional development programs, training and conferences 

  • And more… 

The Minneapolis Fed is committed to fostering an environment where all employees are respected and valued. We provide equal employment opportunity to all persons and we work together to pursue an economy that works for all of us. 

Additional Information:

*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. Candidates who are not U.S. citizens must sign a declaration of intent to expeditiously become a U.S. citizen when eligible. 

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

  • Bachelor's degree with coursework in economics, mathematics, statistics, or database analysis
  • Strong analytic and problem-solving skills
  • Effective oral and written communication skills
  • Proficiency in Microsoft Excel
  • Verifiable experience with data collection, management, and analysis using large databases
  • Experience with statistical packages (e.g., Stata, Matlab, R, SAS, Gauss)
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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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