Economist

Company Federal Reserve Bank of Kansas City

When you join the Federal Reserve System, you'll play a key role in the national economy, collaborating with leading professionals to strengthen our economy, protect financial stability, and support critical 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 of the Federal Reserve Bank of Kansas City seeks to hire a new or experienced Ph.D. economist with research interests in the macro-financial dimensions of payment systems—including payment and settlement infrastructure, stable coins and digital assets, wholesale and interbank settlement, and the role of payments in monetary policy transmission and financial stability. The Bank offers excellent resources and support to economists, including a collaborative work environment, high-quality research assistants, a high-performance computing environment, and an in-house Federal Statistical Research Data Center (KC FSRDC).

JEL Classifications: E42 – Payment Systems; E58 – Central Banks and Their Policies; G21 – Banks;
Depository Institutions; G23 – Non-bank Financial Institutions;
Financial Instruments

Provides policy advice to the Bank's President, Board of Directors, and senior Bank management on payment systems, banking, and monetary policy issues, current economic and financial conditions, staff outlook, and regional conditions. Conducts research on the macro-financial dimensions of payment systems and related monetary/financial topics, presents research at conferences, and publishes in top general and field journals in economics and finance.

Writes articles for Bank publications—including the Economic Review, The Macro Bulletin, The Main Street Economist, the Research Working Paper series, and Payments System Research Briefings—based on original research on complex, policy-relevant topics. Presents research and Bank perspectives on payment systems and the economic outlook to banking, business, and professional audiences; demonstrates an ability to translate technical research for non-academic audiences.

Provides feedback on colleagues' research informally at conferences and seminars, and formally through referee reports. Participates in training and mentoring of junior staff, directing work and explaining economic concepts and analytical techniques. Actively participates in department activities and policy discussions, contributing to the department's intellectual environment. Performs most assignments independently, with guidance from the supervising officer or Director of Research as needed.

Uses superior knowledge of economic theory, econometrics, and payment systems to produce rigorous research and sound policy briefings. Performs other duties as assigned.

Doctorate in Economics or Finance. Research focus or strong demonstrated interest in the macro-financial aspects of payment systems (e.g., market infrastructure, stable coins, digital assets, wholesale settlement, monetary policy transmission). Superior knowledge of economic theory, econometrics, and statistics; state‑of‑the‑art training comparable to top Ph.D.‑granting departments. Strong potential to publish in leading journals and become a recognized leader in the field. Superior computer, statistical, and programming skills.

Excellent written and oral communication skills, including the ability to communicate technical research to policymakers and general audiences.

On‑site, full‑time with 5 days per month remote work flexibility.

Location(s):
Kansas City, MO

Remote Eligible:
No

Relocation Assistance:
Yes

Salary…