What are the responsibilities and job description for the Research Associate, Banking & Finance position at Federal Reserve Bank of Kansas City?
Company
Federal Reserve Bank of Kansas City
When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team for our future.
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 banking, macroeconomics, monetary policy, international trade, applied microeconomics, labor economics, fiscal policy, energy economics, regional economics, and payments. The Department has openings for RAs to start summer 2027. The program generally runs for two years with the opportunity to extend, if applicable.
This is an excellent position for someone who is passionate about research and considering a PhD in economics or finance. RAs develop analytical and communication skills as well as technical skills, such as programming and working in a high-performance computing environment. RAs have gone on to PhD programs at Boston College, Columbia University, New York University, Stanford University, University of Chicago, University of Michigan, University of Minnesota, University of Wisconsin, University of Texas at Austin, University of Rochester, and Georgetown University.
Key Activities
Additional Information
How We Work:
Screening Requirements: 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 could 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.
Sponsorship: The Federal Reserve Bank of Kansas City will not sponsor a new applicant for employment authorization for this position. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
About The KC Fed
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
When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team for our future.
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 banking, macroeconomics, monetary policy, international trade, applied microeconomics, labor economics, fiscal policy, energy economics, regional economics, and payments. The Department has openings for RAs to start summer 2027. The program generally runs for two years with the opportunity to extend, if applicable.
This is an excellent position for someone who is passionate about research and considering a PhD in economics or finance. RAs develop analytical and communication skills as well as technical skills, such as programming and working in a high-performance computing environment. RAs have gone on to PhD programs at Boston College, Columbia University, New York University, Stanford University, University of Chicago, University of Michigan, University of Minnesota, University of Wisconsin, University of Texas at Austin, University of Rochester, and Georgetown University.
Key Activities
- Working with PhD economists on policy briefings and academic research projects.
- Gathering and analyzing data, programming economic models, and creating charts for presentations on economic and financial conditions. This position will primarily work with banking and financial data.
- Participating in econometric or theoretical research, writing for Bank publications, and delivering speeches to civic and educational groups.
- Bachelor’s or master’s degree in economics 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.
- Proficiency in programming languages and statistical software packages such as Stata, R, Python, or Matlab highly desirable.
- Strong academic record and experience with empirical research and data analysis highly desirable.
- Please attach a resume, cover letter, and unofficial transcript copy. Incomplete applications will not 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 virtual interview.
- Please apply before November 30, 2026 to be considered for a summer 2027 position.
Additional Information
How We Work:
- On-site, full-time with 5 days per month remote work flexibility
- Location: Kansas City, MO
- $59,000 - 76,300 / Research Associate I
- Final offers are determined by factors including the candidate’s qualifications, internal alignment considerations, district assignment, and geographic location.
Screening Requirements: 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 could 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.
Sponsorship: The Federal Reserve Bank of Kansas City will not sponsor a new applicant for employment authorization for this position. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
About The KC Fed
- Total Rewards & Benefits
- Who We Are
- What We Do
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
Salary : $59,000 - $76,300