P379223 Senior Economist

Company

Federal Reserve Bank of Chicago

Conducts independent and original research on financial and economic policy issues. Conveys the results internally to the Research Department and Reserve Bank President and externally to the academic community and general public through published articles and presentations. Provides commentary and recommendations on current financial and economic developments and policy issues to senior management and others. Studies developments in particular field of specialization, advises colleagues and applies developments as appropriate. Assigns work, provides direction and gives feedback on performance to others. May make hiring recommendations. Senior Financial Economists will normally have made significant research contributions as evidenced by record of publications in high- quality, peer-reviewed academic journals. Will normally have made significant contributions in the area of policy analysis as evidenced by analyses that have impacted the policy process. The level of work is considered advanced and staff work under minimal supervision. This position does not have direct reports.

• Conducts independent research on financial and economic issues and publishes findings that influence the course of the U.S. economy, the district economy, financial markets and financial institutions; selects topics, constructs models and chooses/develops appropriate analytical methods; applies these tools in a manner expected to meet academic peer review standards

• Communicates research results to various audiences including: (a) the Reserve Bank President in FOMC and other policy briefings; (b) the Federal Reserve System at System and other conferences; (c) the academic community through seminar presentations and publication of articles in scholarly journals; and (d) the business community and the community at large through presentations and the publication of articles in Economic Perspectives, the Chicago Fed Letter, and business news publication; may actively participate in developing speeches and other presentations by the Reserve Bank President and other Senior Management

• Applies highly specialized and technical research skills to the timely analysis of current economic issues for the FOMC process or other system-wide directives and requests

• Manages long- term research agenda as well as short-term research projects that require directing the efforts of Interacts with a variety of external groups in order to collect information for the FOMC review process; examples include surveying Senior Loan Officers at district banks on bank credit conditions, supporting regional development partnerships, attending business roundtable discussions, and attending academic venues where new developments in economic analysis are presented and discussed

• Contributes to a highly collegiate research environment and stays current in theoretical and empirical developments; sustains an active outreach effort to help improve the quality of research and the quality of regulatory policy; may include: attending conferences/workshops/symposiums, and offering constructive comments on others' research, interviewing prospective job candidates, training associate economists, and participating in other minor department management activities

• Performs other duties as requested

Education and Experience

• Ph.D. (or nearing completion of Ph.D.) in Economics, Finance or a closely related field

• 3 to 5 years of direct experience

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. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks 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.

This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee's responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.

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)

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OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

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Our reputation precedes us
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You’ll find the right balance
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