The Federal Reserve Bank of Chicago is looking to solve business and technical problems in the areas of Economics, Finance, Statistics, Mathematics, and Computer Science to support academic research and policy work by staff economists.
Requirements
- Bachelor’s degree (at minimum) with a strong quantitative background (econometrics, statistics, advanced calculus, or computer programming)
- Evidence of aptitude for quantitative and analytical skills
- Exposure to and experience using data/programming languages
- Demonstrated interest in economics
- Knowledge of and experience applying economic theory and quantitative analysis techniques under the supervision of researchers.
- Ability to use PC standard and statistical programs, such as but not limited to R, Python, STATA, MATLAB, ArcGIS, etc. to organize data and to perform advanced statistical and econometric analyses.
- Strong analytical and problem-solving skills
Responsibilities
- Conduct statistical and economic analyses of current macroeconomic, microeconomic, financial, and regional data, and provides support for the economists in their academic research and policy work.
- Support the economists in their basic and applied research by following instructions to perform tasks including collecting data, conducting moderately complex statistical analysis, writing code for model estimation, and organizing the presentation of results.
- Prepare a variety of charts, tables, and descriptive text for department management or other staff economists to use in their briefings of the President and the Board of Directors.
- Collaborate with economists at all stages of the research process – from literature reviews and data analyses to regressions and presentations of results [on some occasions, efforts will be substantial enough to lead to jointly authored articles with economists]
- Recommend, initiates, plans, and executes research projects under the guidance of manager and department researchers.
- Perform other duties, as requested.
- Developing code for model estimation
Other
- Two-year commitment
- Currently authorized to work in the United States without the need for visa sponsorship now or in the future
- Comply with the Bank’s ethics rules
- Bachelor’s degree
- Excellent oral and written communication skills
