Research Associate – 24‑Month Position (2027 Start)

About the role

The Federal Reserve Bank of Richmond is seeking recent graduates to join its Research Department as a full‑time Research Associate for a 24‑month term starting June 2027. Associates will work closely with two to three economists on academic and policy‑oriented projects, gaining mentorship and exposure to a broad range of economic topics.

Key responsibilities

• Support economists by writing computer code to solve dynamic macroeconomic models.
• Analyze time‑series and panel data using statistical software.
• Prepare literature reviews and assist in drafting policy briefings.
• Participate in seminars, give presentations in RA‑led study groups, and attend regular departmental meetings.
• Collaborate on both long‑term research projects and short‑term tasks as needed.

Required profile

• Bachelor’s degree with extensive coursework in economics, statistics (econometrics required) and mathematics (Calculus I & II required).
• GPA of 3.5 or higher.
• Experience with computer programming and statistical analysis software.
• Strong oral and written communication skills.
• Demonstrated interest in research through prior assistantships, senior theses, or term papers.

Required skills

• Stata
• R
• Matlab

What we offer

• Comprehensive medical benefits and pension with 401(k) employer match.
• Paid time off, tuition reimbursement, and paid volunteer leave.
• On‑site amenities that promote a balanced work environment.