Federal Reserve System Economist in Minneapolis, Minnesota
Federal Reserve Bank of Minneapolis
The Federal Reserve Bank of Minneapolis (Bank) is searching for an Economist in the Community Development and Engagement (CDE) division.
The person in this position will work to advance the division’s efforts to improve economic outcomes of low- and moderate-income communities. CDE’s team of economists and data scientists support the Bank’s efforts to promote economic opportunity, resilience, and mobility of low- to moderate-income individuals and communities.
The Economist will conduct research on housing markets, including articles for practitioner audiences and journal publication, in collaboration with housing experts in Community Development and Engagement at the Federal Reserve Bank of Minneapolis. This position will have responsibility for providing economic analysis to inform the department’s practitioner- and policy-oriented research and the Bank’s strategic priorities.
This position is eligible for a hybrid work schedule which requires four days on-site and one remote day per week.
Candidates must submit their resume/CV and a cover letter.
Use applied econometrics and other analytical tools to answer policy-relevant questions about housing markets and housing affordability.
Work with both public and restricted-access datasets to analyze socioeconomic trends and community investments affecting low- and moderate-income households.
Collaborate in the selection of research projects and the drafting of economic reports for internal and external audiences.
Present analyses—including written reports and visual presentations—to various audiences including senior bank leadership and community partners.
Respond to requests for data and short-term analyses; develops expertise on gathering data from a wide range of sources; stays current on data source developments both inside and outside the Federal Reserve System.
Manage projects and relationships in a collaborative, team-based environment.
Build effective relationships with Reserve Bank peers and management as well as partnerships with external researchers from think tanks, universities, nonprofit organizations, government agencies, nonprofits, and other related organizations.
Master's degree in economics or a related field and 5 years of relevant work experience OR a PhD in economics, public affairs, urban planning, or a related social science field and 2 years of relevant work experience during the enrollment or after the completion of the degree program.
Experience in the area of applied econometrics, including the use of database and statistical programs and languages—e.g., Stata or R—for the purposes of manipulating, analyzing, structuring, and presenting data.
Interest in public policy related to housing affordability is required; experience conducting research on housing markets is preferred.
High level of attention to detail and commitment to rigorous economic analysis.
Proven ability to manage and adapt to multiple concurrent projects, shifting priorities, deadlines, and informational needs.
Ability to work collaboratively and contribute to a team setting as well as the willingness to work independently without extensive oversight.
Strong written and verbal communication skills, including demonstrated ability to communicate complex economic or quantitative concepts to a wide range of knowledge levels.
Experience maintaining effective working relationships with technical and non-technical staff.
Our total rewards program offers benefits that are the best fit for you at every stage of your career:
Comprehensive healthcare options (Medical, Dental, and Vision)
401K match, and a fully funded pension plan
Paid time off and holidays
Generously subsidized public transportation
Annual educational assistance
On-site fitness facility
Professional development programs, training and conferences
A requirement of this position is that you must be fully vaccinated against COVID-19 and received all approved boosters or qualify for an accommodation from the Bank’s vaccination policy; the Bank will provide accommodations as required by law for individuals unable to be vaccinated due to a medical condition or sincerely held religious belief.
The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued. We believe that we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists (https://www.minneapolisfed.org/about-us/careers/job-profiles) , we work together to represent you in our economy.
Full Time / Part Time
Regular / Temporary
Job Exempt (Yes / No)
First (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.
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