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Research Associate

Federal Reserve System
Posted 2 days ago, valid for a month
Location

St. Louis, MO, US

Salary

$62,800 - $78,500 per year

Contract type

Full Time

Retirement Plan
Life Insurance
Disability Insurance
Tuition Reimbursement
Flexible Spending Account

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Sonic Summary

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  • The Federal Reserve Bank of St. Louis is hiring Research Associates for positions starting in Spring or Summer 2027.
  • Candidates should possess a Bachelor’s degree in economics or a related field, a GPA of 3.5 or above, and previous economic research experience.
  • The salary for this position ranges from $62,800 to $78,500 annually, along with a comprehensive benefits package.
  • Research Associates will engage in statistical and econometric research, data analysis, and assist in developing articles on economic issues.
  • This two-year program offers opportunities for further academic pursuits or careers in economics after completion.

Company

Federal Reserve Bank of St. Louis

The St. Louis Fed hires several Research Associates each year. Start dates for this search are in the Spring or Summer of 2027.

This is an excellent opportunity to work with, learn, and engage with our reputable economist staff, visiting fellows and scholars. Former St. Louis RAs have continued their careers in other Bank divisions, in PhD programs, and in the private sector. More Information can be found in the RAjobs link below under the success stories tab.
Our summer internships provide talented students an opportunity to gain valuable experience by working on projects that support our business areas; and ultimately impact the national economy.
Our intern program also allows insight into the possible future entry-level positions and be exposed to several areas across the division and bank.

The St. Louis Fed hires several Research Associates each year. Start dates for this search are in the Spring or Summer of 2027.

This is an excellent opportunity to work with, learn, and engage with our reputable economist staff, visiting fellows and scholars. Former St. Louis RAs have continued their careers in other Bank divisions, in PhD programs, and in the private sector. More Information can be found in the RAjobs link below under the success stories tab.

Visit https://research.stlouisfed.org/RAjobs/ for a detailed overview of the RA position.

What are the day-to-day activities?

  • Perform statistical, econometric, computational and analytical research that economists can use for publication in academic journals.

  • Utilize Excel and statistical packages such as Stata, R, Matlab, Julia, Python, and SAS.

  • Collect, organize and interpret economic and financial data.

  • Review academic journals, market sources and government reports.

  • Write short articles or assist economists in developing short articles and presentations on current economic and financial conditions and policy issues.

  • Attend to additional assignments, including gathering and organizing survey data and anecdotal information and summarizing economic data for the Beige Book.

Qualifications

  • A GPA of 3.5 or above

  • Bachelor’s degree in economics, econometrics, or quantitative economics

  • Strong background in mathematics and statistics, including coursework in Calculus II, Econometrics, Linear Algebra, and Differential equations

  • Previous economic research experience, such as undergraduate research assistant, research-related internship or independent research project.

How to Apply

Please apply via: https://econjobmarket.org/positions/12583 and follow the below instructions to be considered. Interested applicants must submit the documents requested below:

NOTE: Applications will not be considered without all of these materials.

  • Cover letter

  • CV/Resume

  • Copy of unofficial transcripts from all colleges and universities attended

  • Technical writing sample

  • Completed applicant summary file using the following file: https://www.stlouisfed.org/-/media/project/frbstl/stlouisfed/research/careers/2025-ra-applicant-summary-file-st-louis-fed.docx?sc_lang=en&hash=4B75599CB455E5DC21F4AFDCBA67BD37

For questions or concerns, contact: ra.recruiting@stls.frb.org

The Bank’s RA program is structured as a two-year program, with most RAs continuing on to graduate programs or other careers in economics or related fields after two years with the Bank. Employment is at-will.

Total Rewards

Bring your passion and expertise, and we'll provide the opportunities to challenge you and propel your growth—along with multiple benefits and perks that support your health, wealth, and life.

Salary: $62,800 - $78,500 annual

In addition to competitive compensation, we offer a comprehensive benefits package all brought together in a flexible work environment where you can find balance:

  • Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period

  • 401k/Thrift Plan with generous employer match

  • Employer-funded Pension Plan

  • Paid Vacation/Sick Time and Holidays

  • Flexible Spending Accounts and Healthcare Spending Accounts

  • Life Insurance and Long Term Disability Insurance

  • Tuition Reimbursement (undergraduate and graduate)

  • Parental Leave

  • Free onsite 24/7 Fitness Center including training classes, and locker room / shower facilities

  • Onsite Cafeteria and Coffee Shop

  • Additional Convenience Benefits, Discounts and More…

At the Federal Reserve Bank of St. Louis, we are committed to a strong and resilient economy for all. We prioritize inclusion and strive to be a workplace where all employees can thrive. Learn more about Bank's culture.

The Federal Reserve Bank of St Louis is an Equal Opportunity Employer. #LI-Onsite

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)

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 (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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