Economist at Federal Reserve Bank (FRB) in Chicago, Illinois

Job Description:

Company

Federal Reserve Bank of Chicago

Job Description

Federal Reserve Bank of Chicago has multiple openings for Economist in Chicago, IL. Conduct independent research on economic issues and publish findings that influence the course of the U.S. economy, the district economy, financial markets, and financial institutions. Select topics, construct models, and choose and develop appropriate analytical methods. Apply these tools in a manner expected to meet academic peer review standards. Communicate research results to various audiences including: (a) the Reserve Bank President in FOMC and other policy briefings; (b) the Federal Reserve System at System and other conferences; (c) the academic community through seminar presentations and publication of articles in scholarly journals; and (d) the business community and the community at large through presentations and the publication of articles in Economic Perspectives, the Chicago Fed Letter, Profit wise/News and Views, and business news publications. Apply highly specialized and technical research skills to the timely analysis of current economic issues for the FOMC process or other system-wide directives and requests. Manage long term research agenda, manage short-term research projects and direct the efforts of associate economists and/or support analysts. Interact with a variety of external groups in order to collect information for the FOMC review process and/or to provide policy expertise on issues related to community economic development, including surveying Senior Loan Officers at district banks on bank credit conditions, supporting regional development partnerships, attending business roundtable discussions, and attending academic conferences where new developments in economic analysis are presented and discussed. Contribute to a highly collegial research environment and stay current in theoretical and empirical developments, including attending seminars and offering constructive comments on others' research, interviewing prospective job candidates, organizing conferences, training associate economists, and participating in other minor department management activities. Telecommuting permitted; reports to 230 S. LaSalle, Chicago, IL 60604. 10% domestic or international travel required to attend conferences and collaborate with colleagues.

Job Requirements

The position requires a Ph.D. in Economics, Finance, or a closely related field. PhD means completion of all requirements including defense of dissertation.

Also, must have academic or work experience in:

• Conducting independent research on relevant macroeconomic issues;


• Applying relevant highly specialized and technical research skills to the analysis of current economic issues such as economic modeling, solving and estimating economic models, identification and inference in statistical models to address economic questions;


• Managing long-term research agenda;


• Communicating effectively with industry experts and colleagues on a variety of relevant economic topics; and


• Providing policy expertise on current issues related to district economic development.

Please submit resume online through this site (https://www.chicagofed.org/careers)

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.

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