Research Analyst

Company

The Research Department conducts policy analysis produces academic research and provides long-term strategic thinking on issues related to monetary policy the national economy and the region. Research Analysts contribute to the Research Department by: (i) supporting the research of the Banks economists (ii) contributing to Bank publications (iii) maintaining indicators on the Banks website and (iv) supporting policy briefings for the Banks President before meetings of the Federal Open Market Committee.

The Cleveland Fed seeks Research Analysts for positions that start in the summer of 2026. During their time at the Bank Research Analysts develop their knowledge of new areas of economics develop their data analysis and programming skills participate in the policy process and work one-on-one with the Banks economists to conduct research that can lead to co-authored papers for Bank and external academic publications. These experiences make the Research Analyst position ideal for someone considering a Ph.D. in economics or finance. Research Analysts typically work at the Bank for 2 years.

Job Requirements:

• Bachelors degree (completed by the summer of 2026) with emphasis in economics or a closely related field such as finance mathematics statistics or computer science; knowledge of monetary policy and macroeconomics preferred.
• Working knowledge of econometrics and statistics packages such as Stata Matlab R or Python.
• Prior research experience in economics and a strong mathematics background strongly preferred
• Excellent oral and written communication skills.

Application Requirements:

• Resume
• Transcript
• Writing sample (related to economics or finance)

Applications will be considered on a rolling basis.

Conducts directed research that contributes to internal publications external publications policy advising and outreach. Collects and analyzes data performs statistical and econometric analyses writes computer programs and conducts literature reviews. Maintains indicators on the Banks external website.

Citizenship requirements

This 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.

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.

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