Research Assistant
Federal Reserve BoardChicago, Illinois, United States
Posted April 16, 2026
Full Time
About the Company
The Federal Reserve System is the Central Bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded. Today the Federal Reserve's duties fall into four general areas: Conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices and moderate long-term interest rates. Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers. Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets. Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system.
Job Description
As a Research Assistant at the Federal Reserve Bank of Chicago, you will support academic research and policy work by staff economists, utilizing analytical skills in Economics, Finance, Statistics, Mathematics, and Computer Science. The position is structured as part of a two-year program, requiring a two-year commitment, and offers a competitive salary and benefits package.
Requirements
- Conduct statistical and economic analyses of current macroeconomic, microeconomic, financial, and regional data
- Support economists in their academic research and policy work
- Prepare charts, tables, and descriptive text for department management or other staff economists
- Collaborate with economists at all stages of the research process
- Recommend, initiate, plan, and execute research projects under the guidance of manager and department researchers
- Perform other duties as requested
Benefits
- Competitive salary
- Annual performance-based discretionary bonuses
- Benefits package
- Continuous learning environment with opportunities to gain new skills and grow your career