Research Analyst

Company

Federal Reserve Bank of New York

When you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system.
At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to time remains important to achieving our mission.

Our Unique Work:

The Research Analyst (RA) Program is a two-year program.  At the direction of economists and senior research analysts or research associates, the Research Analyst will help prepare analyses, reports, and other materials for policy and research projects.

How You’ll Make an Impact as a Research Analyst:

• Develop the ability to assist economists and senior staff in their Bank policy work. You will: download and assemble data; prepare charts and tables; create and maintain spreadsheets; use statistical, econometric and other software packages to perform analyses and model estimation and simulations; and assistance in preparing memos and presentations.

• Develop the ability to assist economists and senior staff in their long-term research. You will: perform literature reviews and archival research; download and assemble data; prepare charts and tables; create and maintain spreadsheets; use statistical, econometric and other software packages to perform analyses and model estimation and simulations; and help with writing and proofreading articles.

• On a rotating basis, provide support to: (1) the production of documents prepared for regular briefings of the Bank president, senior management, and the Bank`s Board of Directors; (2) the production of material included in the Blackbook and other briefing documents produced as part of the FOMC cycle; (3) the production of other reports to carry out the Bank`s and Research Group`s goals; and (4) the performance of other tasks to accomplish the Bank`s and Research Group`s goals.

The Unique Skill Sets We’re Looking For:

• Experience in Economics, Mathematics, Statistics, or related field.

• Experience in data analysis and using statistical packages (e.g., R, Stata, Matlab, Julia, SAS, Gauss, TSP, RATS, EViews, PROCSQL), or other computer programming experience (e.g., Java, C++, Python).

• Work cooperatively in a team environment

Both resume and unofficial transcript are required to be submitted as part of our application to be considered for this role.

Salary: $73,000 / year  

We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions. 

Please note that the position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements.  

How We’ll Support You: 

Our programs and benefits are designed to support you through all your life stages:

• Learning & Growing: Educational assistance, career development tools, and stretch opportunities

• Supporting Your Family: Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and more

• Managing Your Health: Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center

• Optimizing Your Finances: Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation program

Find Out Why We’re an Award-Winning Workplace:

• Top 3 Most Inspiring Public Sector Workplaces in North America (Inspiring Workplaces, 2024, 2025)

• Early Talent Award Winner (Handshake, 2024, 2025)

• Campus Forward Award Winner (Ripple Match, 2023, 2024, 2025)

Our culture is deeply grounded in our Touchstone Behaviors. By working with us, you’ll have the opportunity to develop and demonstrate your ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achieve success and set clear expectations for leading with impact at every stage of your career. Learn more. 

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules. 

   

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at [email protected] and we’ll be glad to help. Please note, this email box is designed exclusively to assist job applicants with accommodation requests. All other inquires, including the status of applications, will not receive a response.

This is not necessarily an exhaustive list of all responsibilities, duties, performance 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, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change. 

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Economics/Research Family Group

Work Shift

First (United States of America)

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.

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.

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