Research Assistants

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Each year, the Board of Governors of the Federal Reserve System (the Board) hires a new cohort of college graduates to work as Research Assistants (RAs). We seek candidates with a diverse array of backgrounds from universities across the country. Our RAs gain real-world experience by working alongside PhD economists to assist with original economic research and provide critical support for policy analysis. The Research Assistant position is a two-year program and most RAs leave the role well suited to pursue a graduate degree, often in economics, or a number of different careers at the Board or with other organizations. While at the Board, RAs often become involved in a variety of other projects, including collaboration with various government agencies and Federal Reserve System Banks, and participation in efforts to provide economic and financial literacy instruction to local high school students. RAs are encouraged to attend academic research seminars and presentations given by Board economists and visiting scholars.

Qualifications

  • Bachelor’s degree in economics, math, or related field
  • Strong academic background in economics, mathematics, statistics, finance, computer science, or in related fields with demonstrated economics coursework
  • Demonstrated proficiency with at least one statistical software package or programming language (such as MATLAB, Stata, "R", or Unix/Linux)
  • Strong written and oral communication skills, experience working collaboratively, and demonstration of perseverance, initiative, and integrity

The Federal Reserve Board is committed to attracting, developing, and retaining a diverse workforce. We recognize the benefit derived from different perspectives and experiences, and we look carefully at candidates’ records to identify individuals whose perspectives could benefit our work. As such, we especially encourage submissions from groups traditionally less represented in economics.

About the Application Process

Recruiting Cycles and Deadlines

RAs are selected during two main recruitment cycles in the fall and spring.

Fall Recruitment Cycle

Completed applications accepted August 15 - October 15 (Deadline)

  • Interviews conducted October - November
  • Offers extended on a rolling basis starting in October and continuing until the conclusion of the fall cycle
  • At the conclusion of the fall cycle:
    • Candidates not selected during the fall recruitment cycle will automatically be considered during the spring recruitment cycle.
    • Incomplete applications submitted during the fall recruitment cycle can be completed and considered during the spring recruitment cycle.

Spring Recruitment Cycle

Completed applications accepted October 21 – January 31 (Deadline)

  • Interviews conducted February – April 

Off-Cycle Recruitment 

Positions may become available for immediate placement outside of the fall and spring cycle.

How to Apply

All application materials listed below, including recommendation letters, must be received by the application deadline in order to be considered by our hiring committee.

U.S. citizenship is required for Research Assistant positions.

1. Application email

  • Please submit the following in one email to ResearchAssistant@frb.gov with the subject line “RA Application: LASTNAME, FIRSTNAME”. (Example- RA Application: DOE, JANE).
    •  Cover letter
    •  Resume
    •  Unofficial transcript
    •  Names & contact information of two intended recommenders

2. Two letters of recommendation

  • At least one letter of recommendation must be academic; the second can be academic or professional.
  • Please have your recommenders send their letter directly to ResearchAssistant@frb.gov with the subject line “RA Recommendation: LASTNAME, FIRSTNAME”. (Example- RA Recommendation: DOE, JANE)

3. Candidate Information Form

  • This form only needs to be submitted once through the above link. You do not need to attach a copy of your responses to your application email. 

Privacy Act Notice (PDF)

The Board complies with the Rehabilitation Act of 1973, as amended, and provides job applicants with disabilities reasonable accommodations to assist them in applying for jobs at the Board. If you have a disability and would like to request an accommodation in order to apply for a job at the Board, please call 202-452-3880 or e-mail FRBRecruiting@frb.gov.

Have Questions?

Please review our FAQ's below. If you have additional questions or want to check the status of your application, you can contact the recruiting team directly at ResearchAssistant@frb.gov or by calling us at 202-872-4912.

Frequently Asked Questions

 

Accessible Keys for Video

[Space Bar] toggles play/pause;

[Right/Left Arrows] seeks the video forwards and back (5 sec );

[Up/Down Arrows] increase/decrease volume;

[M] toggles mute on/off;

[F] toggles fullscreen on/off (Except IE 11);

The [Tab] key may be used in combination with the [Enter/Return] key to navigate and activate control buttons, such as caption on/off.

Accessible Keys for Video

[Space Bar] toggles play/pause;

[Right/Left Arrows] seeks the video forwards and back (5 sec );

[Up/Down Arrows] increase/decrease volume;

[M] toggles mute on/off;

[F] toggles fullscreen on/off (Except IE 11);

The [Tab] key may be used in combination with the [Enter/Return] key to navigate and activate control buttons, such as caption on/off.

Accessible Keys for Video

[Space Bar] toggles play/pause;

[Right/Left Arrows] seeks the video forwards and back (5 sec );

[Up/Down Arrows] increase/decrease volume;

[M] toggles mute on/off;

[F] toggles fullscreen on/off (Except IE 11);

The [Tab] key may be used in combination with the [Enter/Return] key to navigate and activate control buttons, such as caption on/off.

Last Update: August 4, 2020
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