Research Analyst, Regional Analysis I/II

About the role

The Federal Reserve Bank of Cleveland is seeking Research Analysts to join our team. This role focuses on the region's economy and requires access to confidential supervisory information and/or FOMC information.

Responsibilities

• Conducts in-depth directed research and analysis for internal and external publications and presentations.
• Provides in-depth support for policy briefings to inform Bank senior management and the Board of Directors.
• Maintains indicators on the Bank's external website with minimal oversight.
• Gives speeches on the economy to medium-sized groups.
• Collates and completes in-depth analysis of anecdotal data from contacts in the District.
• Proofreads and checks speeches for senior management.
• Leads the recruitment and training of new team members.
• Attends department seminars and training sessions to enhance economic knowledge and develop technical skills.
• Performs other duties as assigned or requested.

Requirements

• Bachelor’s degree with emphasis in economics or a closely related field, such as public policy, finance, statistics, mathematics, or computer science.
• Working knowledge of econometrics and/or statistics packages, such as Stata or R.
• Excellent oral and written communication skills, including the ability to conduct phone interviews and to clearly capture in writing conversations or discussions about the economic environment.
• Prior research experience in economics preferred.

Qualifications

• For Research Analyst I: Bachelor’s degree with emphasis in economics or a closely related field, such as public policy, finance, statistics, mathematics, or computer science.
• For Research Analyst II: Bachelor’s degree with emphasis in economics or a closely related field, such as public policy, finance, statistics, mathematics, or computer science. 2 years of work-related experience.

Skills

• Strong analytical and research skills.
• Excellent communication and presentation skills.
• Ability to manage multiple tasks and prioritize effectively.
• Proficiency in econometrics and/or statistics packages, such as Stata or R.

Benefits

The Cleveland Fed offers a comprehensive benefits package 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 Research Analyst, Regional Analysis I is between $59,600 and $74,500 and for the Research Analyst, Regional Analysis II is between $66,100 and $82,600 annually. 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 Requirements

• Resume
• Transcript
• Writing sample (related to economics, public policy, or finance)
• Code sample

Physical Demands and General Working Conditions

This is not necessarily an exhaustive list of all responsibilities, duties, standards or requirements, efforts, skills or working conditions associated with the job. 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. Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.