Economic Analyst I/II, Regional Analysis Group

About the role

The Federal Reserve Bank of Cleveland seeks an Economic Analyst to join our team. As an integral member of the Bank’s research and policy teams, you will contribute to shaping the nation’s economic policies and understanding the unique economic dynamics of the Fourth District.

Responsibilities

• Help identify and answer open questions that matter to policymakers and the public
• Design and execute innovative research methodologies to unpack complex economic questions
• Conduct statistical and econometric analyses that stand up to rigorous academic and policy scrutiny
• Collaborate on research projects from conception through publication with the level of independence increasing with experience and demonstrated ability
• Provide critical insights on Fourth District economic conditions
• Support the Bank president's preparation for FOMC meetings with timely analysis
• Contribute expert perspective to the nationally distributed Beige Book
• Translate regional economic realities into policy implications
• Author/co-author compelling articles and reports that bring economic data to life
• Craft presentations that make complex concepts accessible and engaging
• Communicate with diverse audiences—from community stakeholders to PhD economists
• Build the public's understanding of regional economic trends and the Federal Reserve System through clear, thoughtful writing and presentations

Requirements

Required:

• Master’s degree in economics or related field, preferred
• Bachelor's degree in economics or related field with significant relevant work experience considered
• 5+ years conducting economic or policy research
• Demonstrated expertise in one or more economic fields
• Familiarity with monetary policy and macroeconomics

Qualifications

• Strong command of statistical methods and econometric techniques
• Proficiency with analytical tools (Stata, R, Python, or similar)
• Experience managing and analyzing complex datasets
• Exceptional writing skills with a proven ability to make technical content accessible
• Track record of research publication or policy communication
• Confidence presenting to both technical and non-technical audiences

Skills

• Intellectual curiosity and a creative, proactive problem-solving approach
• Rigorous, objective analysis

Benefits

The Cleveland Fed offers benefits to support overall health and financial security. Learn more about our benefits here: https://www.clevelandfed.org/careers

Pay

The expected starting salary range for the Economic Analyst I is between $90,500 and $113,100 annually and for the Economic Analyst II is between $111,400 and $139,200. Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and market data.

Schedule

This is a full-time regular position.

Application

Please include the following in PDF file format: (1) a current resume or CV, (2) a sample of recent economic or policy publication, and (3) a statement of no more than 3 pages outlining your interest in and qualifications for this position.

Physical Demands and General Working Conditions

While this is intended to be an accurate reflection of the current job, the Federal Reserve Bank of Cleveland reserves the right to revise this or any job description at any time.

Reasonable Accommodation Statement

The Federal Reserve Bank of Cleveland is committed to ensuring that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. To request a reasonable accommodation for any part of the employment process, please send an email to clev.4d.benefits.specialist@clev.frb.org.

Bank’s Ethics Rules and Drug Testing

As a condition of employment, Federal Reserve Bank of Cleveland employees must comply with the Bank’s ethics rules which generally prohibit employees, their spouses/domestic partners, and minor children from owning or controlling, directly or indirectly, any debt or equity interest in a depository institution or an affiliate of a depository institution. A "depository institution" means a bank, a trust company, or any institution that accepts deposits, including a bank chartered under the laws of a foreign country. In addition, employees (and their spouses/domestic partners, and minor children) may not own shares of mutual funds, unit investment trusts or ETFs that have a policy, as stated in the prospectus, of concentrating in the financial services industry and that have underlying investments in banks or other depository institutions. 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. In addition, as a condition of employment, candidates must undergo a background check and will be tested for all controlled substances prohibited by federal law, to include marijuana, prior to hire and for certain safety sensitive positions during employment.

Equal Employment Opportunity

The Federal Reserve Bank of Cleveland is 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

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.