What are the responsibilities and job description for the Research Associate – Banking and Financial Markets position at Federal Reserve Bank of Kansas City?
Company
Federal Reserve Bank of Kansas City
The Economic Research Department at the Federal Reserve Bank of Kansas City is recruiting for the position of Research Associate (RA) to support our banking and financial markets group. The Department conducts innovative analysis and research on a variety of topics, including international trade, macroeconomics, monetary policy, labor economics, banking, payments, and regional economics. The Department has openings for RAs to start summer 2026. The program generally runs for 2 years with the opportunity to extend, if applicable.
This is an excellent position for someone who is passionate about research and considering a Ph.D. in economics or finance. RAs develop technical skills, such as programming and working in a High-Performance Computing environment, and are exposed to a broad range of research in economics, finance, and banking. Most RAs stay with the department for two to three years, at which point many return to graduate school. RAs have gone on to Ph.D. programs at Boston College, Columbia University, New York University, Stanford University, University of Chicago, University of Michigan, University of Minnesota, University of Wisconsin, Cornell University, and University of Texas at Austin.
Key Activities:
Additional Information:
Location(s):
Screening:
This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take up to a couple of months to be completed. You can begin work before the screening is completed; however, continued employment is contingent on acceptable screening results. The areas screened may include education/employment verification, criminal history, credit history, and reference checks.
United States citizenship or lawful permanent resident alien status or visa holder, with at least three or more years of United States residency from the date of legal entry to the United States is required for this position.
In some cases, positions require access to confidential supervisory information, access to which is limited to "Protected Individuals" as defined by regulation of the Board of Governors of the Federal Reserve System, 12 CFR 268.205. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and lawful permanent resident aliens (also known as "green card holders") who are eligible for and seeking United States citizenship within the requisite timeframes and have at least three or more years residency from the date of legal entry to the United States.
This position requires access to Federal Open Market Committee information, access to which is limited to "Protected Individuals" as defined by regulation of the Board of Governors of the Federal Reserve System. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and lawful permanent resident aliens (also known as "green card holders") who are eligible for and seeking United States citizenship within the requisite timeframes and have at least three or more years residency from the date of legal entry to the United States.
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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.
Privacy Notice
Federal Reserve Bank of Kansas City
The Economic Research Department at the Federal Reserve Bank of Kansas City is recruiting for the position of Research Associate (RA) to support our banking and financial markets group. The Department conducts innovative analysis and research on a variety of topics, including international trade, macroeconomics, monetary policy, labor economics, banking, payments, and regional economics. The Department has openings for RAs to start summer 2026. The program generally runs for 2 years with the opportunity to extend, if applicable.
This is an excellent position for someone who is passionate about research and considering a Ph.D. in economics or finance. RAs develop technical skills, such as programming and working in a High-Performance Computing environment, and are exposed to a broad range of research in economics, finance, and banking. Most RAs stay with the department for two to three years, at which point many return to graduate school. RAs have gone on to Ph.D. programs at Boston College, Columbia University, New York University, Stanford University, University of Chicago, University of Michigan, University of Minnesota, University of Wisconsin, Cornell University, and University of Texas at Austin.
Key Activities:
- Working with Ph.D. economists on policy briefings and academic research projects.
- Gathering and analyzing data, programming economic models, and preparing charts for presentations on economic and financial conditions. This position will primarily work with banking and financial data.
- More experienced RAs participate in econometric or theoretical research, write for Bank publications, and deliver speeches to civic and educational groups.
- Bachelor’s or master’s degree in economics or finance or a closely related field, such as statistics, mathematics, or computer science.
- Coursework or experience in economics required; coursework or experience in econometrics, mathematics, statistics, and computer science highly desirable.
- Coursework or experience in banking and finance highly desirable.
- Proficiency in programming languages and statistical software packages, such as Stata, R, Python, or Matlab, highly desirable.
- Strong academic record.
- Experience with empirical research and data analysis highly desirable.
- US citizenship is required.
- Please attach a resume, cover letter, and unofficial transcript copy. Incomplete applications will not be considered.
- Please apply before November 30, 2025 to be considered. We will review applications on a rolling basis, so applying early is recommended.
- Applications will be pre-screened prior to interview selections. You will receive notification if you have been selected for a phone interview.
Additional Information:
Location(s):
- On-site; 5 days per month work from home flexibility
- Location: Kansas City, MO
Screening:
This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take up to a couple of months to be completed. You can begin work before the screening is completed; however, continued employment is contingent on acceptable screening results. The areas screened may include education/employment verification, criminal history, credit history, and reference checks.
United States citizenship or lawful permanent resident alien status or visa holder, with at least three or more years of United States residency from the date of legal entry to the United States is required for this position.
In some cases, positions require access to confidential supervisory information, access to which is limited to "Protected Individuals" as defined by regulation of the Board of Governors of the Federal Reserve System, 12 CFR 268.205. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and lawful permanent resident aliens (also known as "green card holders") who are eligible for and seeking United States citizenship within the requisite timeframes and have at least three or more years residency from the date of legal entry to the United States.
This position requires access to Federal Open Market Committee information, access to which is limited to "Protected Individuals" as defined by regulation of the Board of Governors of the Federal Reserve System. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and lawful permanent resident aliens (also known as "green card holders") who are eligible for and seeking United States citizenship within the requisite timeframes and have at least three or more years residency from the date of legal entry to the United States.
Follow us on LinkedIn, Instagram, X (formerly Twitter), and YouTube
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.
Privacy Notice