Full Job Description
Conducts 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 bank's 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
• Bachelor's 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 $83,600 and $105,000 annually. Final salary and offer will be determined by the applicant's 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: https://www.clevelandfed.org/careers
Citizenship 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.
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)