Job Information
Federal Reserve System Regional Economist - Int in Charlotte, North Carolina
Company
Federal Reserve Bank of Richmond
When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic and diverse team of mission-driven professionals to strengthen and protect our economy and our communities.
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 Federal Reserve Bank of Richmond, Research Department has an immediate opening for a Regional Economist, reporting to the Vice President Regional & Community Analysis.
In this role, the successful candidate supports the Bank's regional and community outreach through a number of activities that include presentations on economic conditions and engagement on important policy initiatives. Both economic updates and topical presentations will be provided to internal and external audiences, including branch Board of Directors, Richmond Fed councils, civic organizations, and professional associations. The candidate will lead Bank strategic initiatives related to economic and community development topics, such as workforce development, community development finance, and issues unique to rural areas or small towns. The candidate must monitor and analyze regional economic conditions, develop tools and methods to track economic developments, provide briefings to the Bank President and other executives, and maintain contacts in academic and business communities. Business outreach will include gathering information from contacts to support the regional outreach program. The candidate will also engage with the media. The position will be based in Charlotte, NC and outreach will be focused in, but not limited to, North Carolina and South Carolina.
With an application, candidates are required to submit 3 documents:
Resume (CV),
Cover letter stating why you are a good match to the job, how you got interested in regional research, and how the role will fit into your career path, and
a recent example of your ability to write clearly and concisely about an economic topic.
Cover letter and other required documents should be uploaded as attachments to your electronic submission.
What You Will Do:
Support the Bank's regional outreach by giving presentations to internal and external audiences on economic conditions and policy topics in which the department has developed some expertise.
Monitor and analyze regional economic and community conditions. Develop tools and methods to identify and track changes in economic and community conditions.
Contribute economic analysis and commentary content to Bank's website.
Develop and maintain contacts in academic and business communities. Gather information on business conditions from contacts in a timely manner.
Communicate with the media, when necessary.
Qualifications:
3 – 5 or more years of relevant work experience.
Graduate degree or Ph.D. in Economics required.
Experience working in and with rural/small town areas, either as an academic or as a practitioner, preferred.
Demonstrated desire to conduct outreach to a wide variety of audiences.
A comprehensive knowledge of U.S. and regional economic conditions and a commitment to keep abreast of emerging trends or changes.
Demonstrated desire to engage strategically with the public on economic and policy topics translate economic information into reports and presentations.
Outstanding attention to detail, organizational skills, and proficiency in time management to handle multiple assignments simultaneously and to meet schedule deadlines.
Excellent communication and writing skills.
Knowledge of and experience with Microsoft software.
Knowledge of and experience with statistical software, such as Stata or SAS.
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
Generous paid time off
Tuition reimbursement
Employee resource networks
Paid volunteer leave
Flexible work options
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 rich.recruit@rich.frb.org .
Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.).
No Key Point: Sponsorship is not available for this role. Selected candidate is subject to special background check procedures.
The hiring range of the POSITION is $116,700 – $160,490 annually.
Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications/experience.
The Fifth District provides a hybrid work environment. This position is required to be onsite on Tuesday, Wednesday, and Thursday each week.
Interested candidates are strongly encouraged to apply by May 8, 2024. Applications are reviewed on a rolling basis.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Economics/Research
Work Shift
First (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.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
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.