Research Analyst Senior
$83.6k - $105kFederal Reserve Bank of Philadelphia
Company
Federal Reserve Bank of Cleveland The Federal Reserve Bank of Clevelands mission is to foster the stability integrity and efficiency of the nations monetary financial and payment systems while representing the Fourth District perspectives. As part of the nations central bank we are a team of mission-driven professionals who are committed to serving with excellence. Our core values are: Build Trust Every Day Own Our Actions Collaborate with Intention and Be Open to Change. For twenty-seven years in a row weve been named One of Northeast Ohios Best Places to Work by North Coast 99. This prestigious award honors organizations with outstanding employment practices including compensation benefits training recruitment retention community services and employee communications. Follow us on LinkedIn Twitter Instagram and our YouTube channel Cleveland FedConducts advanced analysis and policy directed research that contributes to internal publications external publications policy advising and outreach. As part of a multidisciplinary and collaborative team of researchers and professionals you will work in all areas of policy advising and support directly for the Bank President and senior Bank principles. We are part of the Executive function.
The Senior Policy analyst will analyze and research on issues that affect financial markets and monetary policy across a broad range of topic areas expanding the banks capabilities to monitor and assess the impacts of market developments and functioning on policy. You will use database knowledge to compile statistical data create data exploration tools conduct initial data exploration on your own and work with senior staff members on their research. This is an outstanding opportunity for someone who is highly motivated to learn about monetary policy and financial markets while contributing to impactful work directly connected to the key policy making responsibilities of the Federal Reserve.
Essential Accountabilities
- Support team deliverables to advise Reserve Bank President other senior Bank leaders and the public on matters related to financial markets and monetary policy through published reports and presentations.
- Develop and maintain materials and tools to educate internal and external stakeholders on key issues affecting financial markets market functioning and monetary policy.
- Support in the writing and editing of speeches for the Reserve Bank President and other principles.
- Develop and maintain strong relationships with financial industry leaders as well as key stakeholders across the Federal Reserve System to advance Bank-level objectives
- Conducts advanced directed research and analysis for internal and external publications and presentations.
- 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.
Education and Experience
- Bachelors Degree in finance economics mathematics statistics computer science or related field.
- 3-5 years of as an analyst in financial industry regulatory agency or academic institution.
Knowledge Areas Advanced:
- Knowledge of finance monetary policy macroeconomics or other related fields.
Skill Areas Advanced:
- Strong analytical quantitative and specialized technical skills
- Strong ability to conduct policy analysis and research with minimal oversight
- Strong ability to analyze complex and large data sets using statistical packages or standard programming languages
- Strong ability to balance multiple projects and deadlines
- Oral and written communication skills
- Ability to innovate and commitment to public service
Location: Cleveland OH
The expected starting salary range for the Research Analyst Senior is between $83600 and $105000 annually. Final salary and offer will be determined by the applicants background experience skills internal equity and market data.
The Cleveland Fed offers benefits to support overall health and financial security. Learn more about our benefits here: requirement
You must be either a U.S citizen or Permanent Resident to apply. In addition all candidates must undergo an enhanced background check and comply with all applicable information handling rules and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.
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 .
Banks Ethics Rules and Drug Testing :
As a condition of employment Federal Reserve Bank of Cleveland employees must comply with the Banks 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 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.
Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels
Full Time / Part Time
Full timeRegular / Temporary
RegularJob Exempt (Yes / No)
YesJob Category
Economics/Research Family GroupWork 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 (
Required Experience:
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