Senior Research Analyst

CompanyFederal Reserve Bank of Chicago

As a Senior Research Analyst, you will perform supporting research in financial economics or related fields at complex level. You will prepare analysis in support of larger department projects. Compile data and prepare reports and forecasts. Develop recommendations and presentations on topics studied. You will contribute to multiple research teams and may serve as project leader for smaller scale projects or parts of larger efforts. You may assign and provide work direction and possess and apply broad knowledge of analytical concepts, practices and procedures to accomplish moderately difficult assignments.
The level of work is considered advanced and staff work under minimal supervision.

Your Responsibilities:

• Performs complex analysis and projections of financial, economic or demographic data
• Compiles data, and prepares written reports, graphs and charts
• Conducts market research, trend analysis and prepares forecasts
• Designs new analytical models, databases or applications
• Develops a variety of written materials from basic to sophisticated content for various audiences
• Frequently contributes to project teams and may lead smaller project teams as needed
• Performs other duties as requested

Your Background

• Bachelor's Degree or equivalent experience as noted below
• Major in economics, business, finance, or public policy preferred
• Progress toward or completion of Master's Degree preferred
• Minimum 5 years of experience with 2-3 years direct analysis experience
• Excellent analytical and problem-solving skills
• Strong written and oral communication skills
• Strong interpersonal and teamwork skills
• Demonstrated project management skills
• Able to work on multiple projects at one time
• Excellent knowledge of business practices and statistical methods

Your Specific Technical Skills:

• Advanced MATLAB programming.
• Intermediate Stata, R, and Python programming.
• Intermediate SQL and Database Management.
• Intermediate LaTeX.
• Version Control and Test-driven development.
• Experience with Bloomberg, Haver, FRED

What we Offer:

• The expected starting salary range for this position is between $94,300 and $111,500 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant’s relevant experience, skills, internal equity, and alignment with geographic and other market data.
• The Chicago Fed offers benefits to support overall health and financial security. Learn more about our benefits here: https://www.chicagofed.org/careers/thebenefits    
• A continuous learning environment with opportunities to gain new skills and grow your career.

Additional Requirements: 

• This is a hybrid position requiring a minimum of three days per week in office. 

• This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well. 

• This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. Citizen and pursue a path to citizenship.

• As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities, and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status. 

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 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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