Research Associate, Research Assistant​/Associate, Economics

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 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 work environment where you can truly find balance.

The Research Department of the Federal Reserve Bank of Richmond is looking for highly motivated recent graduates to assist economists with academic and policy-oriented research full-time for 24 months starting in June of 2027. In addition to the Richmond-based positions, the Richmond Fed is also looking to hire a research associate (RA) based in Washington, DC, with travel to Richmond every six weeks required, to assist our economists who work with Census data;

you can find more information and apply in this link here. We are looking for candidates from a range of backgrounds, with different interests and perspectives. During the two years they spend in the Department, RAs receive direct mentorship from Research economists and a multitude of opportunities to learn through economist and RA interactions and projects. RAs also regularly attend seminars and lectures and give presentations in RA-led study groups.

We provide a friendly and academically oriented environment where RAs can learn, grow and develop their own skills and interests, while contributing to our policy and research projects.

• writing computer code to solve dynamic economic models
• analyzing time-series and panel data
• writing literature reviews
• helping with model derivations
• assist in the preparation of policy briefings
• add new long-term projects to their responsibilities
• collaborate in short-term tasks during their two years, depending on the economists needs and on their performance

• Bachelor’s degree and extensive coursework in economics (preferred), statistics (Econometrics required), and mathematics (Calc I and II required, Calc III, Linear Algebra, Differential Equations or Real Analysis and similar advanced courses highly valued).
• Applicants must have a GPA of 3.5 or higher.
• Experience with computer programming and statistical analysis software packages (such as Stata, R and Matlab) is highly valued.
• Strong oral and written communication skills are required.
• Evidence of interest and experience in research in the form of previous work as a research assistant, or completion of a senior thesis or term paper, is a plus.

• 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!

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.org.

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…