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 work environment where you can truly find balance.
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 of the Federal Reserve Bank of Richmond has an opening for a Research Associate to join a collaborative team of research analysts and regional economists in our Regional and Community Analysis unit. This is a 2-year position starting in June of 2026 for someone who seeks experience prior to pursuing graduate study or other job opportunities.
You will conduct basic research and data analysis to 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, and a desire to continuously learn and grow! The position is located in the Bank’s riverfront headquarters building in Richmond, Va.
With your application, please submit a cover letter, resume, and writing sample. Documents should be uploaded as attachments to your electronic submission.
What You Will Do:
- Perform basic research including literature searches, data collection, and data organization
- Create charts and other data visuals for internal and external presentations
- Respond to ad hoc requests for data and analysis
- Support the development and automation of data repositories for various geographies in the Fifth Federal Reserve District
- Contribute writing, chart making, and data analysis to Bank publications such as Regional Matters
- Collaborate on research activities with people at all levels of the organization
- Maintain records and perform data upkeep including cleaning and managing large data sets
Qualifications:
- We are seeking candidates with a Bachelor’s degree, with extensive coursework in economics (preferred).
- Applicants must have a GPA of 3.3 or higher.
- Experience with computer programming and statistical analysis software packages (such as Stata and R) is highly valued.
- Strong oral and written communication skills are required.
- Evidence of interest in research in the form of previous work experience as a research assistant, or completion of a senior thesis, is a plus.
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
- Paid time off
- Tuition reimbursement
- Paid volunteer leave
- 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 [email protected].
- Peraton Moderate: Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship or three or more years of Permanent Resident (Green Card) status.
- The salary for this role is $67,000 annually.
- Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.
- Interested candidates are strongly encouraged to apply by November 7, 2025. 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.
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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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.
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