Research Associate, Payments

Posted 9 Days Ago
Be an Early Applicant
Kansas City, MO, USA
In-Office
59K-76K Annually
Entry level
Fintech • Payments • Financial Services
The Role
Conducts economic and payments research with PhD economists, analyzing large transaction-level datasets and national surveys. Responsibilities include creating charts, performing econometric or theoretical analysis, contributing to policy briefings and Bank publications, and presenting research to civic and educational audiences. The two-year role develops programming, data analysis, communication, and high-performance computing skills, and is suited to candidates considering a PhD in economics.
Summary Generated by Built In
CompanyFederal Reserve Bank of Kansas City

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team for our future.

The Economic Research Department at the Federal Reserve Bank of Kansas City is recruiting for the full-time position of Payments Research Associate (RA). The Department conducts innovative analysis and research on a variety of topics, including applied microeconomics, consumer finance, payments, macroeconomics, monetary policy, international trade, and regional economics, among others. The Department has an opening for an RA to start in fall/winter 2026. The program generally runs for two years with the opportunity to extend, if applicable

This is an excellent position for someone who is passionate about research and considering a PhD in economics. RAs develop analytical and communication skills as well as technical skills, such as programming and working in a high-performance computing environment. RAs have gone on to PhD programs at Boston College, Columbia University, New York University, Stanford University, University of Chicago, University of Michigan, University of Minnesota, University of Wisconsin, University of Texas at Austin, University of Rochester, and Georgetown University

Key Activities

  • Working with PhD economists on policy briefings and academic research projects.

  • Analyzing data and creating charts from large transaction-level datasets and national surveys, including payment network and settlement data, consumer credit panels, and household survey microdata.

  • Participating in econometric or theoretical research, writing for Bank publications, and delivering speeches to civic and educational groups.

Required Education and Skills

  • Bachelor’s or master’s degree in economics or a closely related field such as statistics, mathematics, or computer science.

  • Coursework or experience in economics required; coursework or experience in econometrics, mathematics, statistics, and computer science highly desirable.

  • Proficiency in programming languages and statistical software packages such as Stata, R, Python, or Matlab highly desirable.

  • Strong academic record and experience with empirical research and data analysis highly desirable.

To Apply

  • Please attach a resume, cover letter, and unofficial transcript copy. Incomplete applications will not be considered.

  • We will review applications on a rolling basis, so applying early is recommended.

  • Applications will be pre-screened prior to interview selections. You will receive notification if you have been selected for a virtual interview.

  • Please apply before November 1, 2026 to be considered for a fall/winter 2026 (start date is flexible).

For more information on the Economic Research Department and the Federal Reserve Bank of Kansas City, please visit us on the web at www.kansascityfed.org. For information on RA openings throughout the Federal Reserve System, visit www.fedeconjobs.org.

Additional Information

How We Work:

  • On-site, full-time with 5 days per month remote work flexibility

  • Location: Kansas City, MO

Salary:

  • $59,000 - 76,300 / Research Associate I

  • Final offers are determined by factors including the candidate’s qualifications, internal alignment considerations, district assignment, and geographic location.

Citizenship Requirements: Generally, non-U.S. citizens are eligible to apply if they are able to obtain the legal status to work in the United States for at least two years without sponsorship from the Bank. F-1 visa holders with STEM OPT extension are eligible to apply.

Screening Requirements: Certain eligibility requirements may apply.

Sponsorship: The Federal Reserve Bank of Kansas City will not sponsor a new applicant for employment authorization for this position. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

About the KC Fed

  • Total Rewards & Benefits

  • Who We Are

  • What We Do

Follow us on LinkedIn, Instagram, X (formerly Twitter), and YouTube

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 or master's degree in economics, statistics, mathematics, computer science, or a closely related field
  • Coursework or experience in economics
  • Coursework or experience in econometrics, mathematics, statistics, and computer science
  • Proficiency in Stata, R, Python, or Matlab
  • Strong academic record and experience with empirical research and data analysis
  • Current authorization to work in the United States without visa sponsorship now or in the future
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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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