Federal Reserve Bank of Philadelphia Hiring for RESEARCH ANALYST PART-TIME at Philadelphia, PA Full Time

Job DescriptionWhat You Will Do:50%• Performs statistical and econometric analysis on personal and mainframe computers; organizes data for analysis and writes computer programs using SAS and other statistical software. Presents results of research to economists and management in oral or written reports.• Recommends, initiates, plans, and executes research projects under the guidance of economists.• Coordinate’s research projects and directs activities of research assistants, analysts and other staff, as assigned.• Uses working knowledge of the major software packages used in the department to determine which package will best provide the analysis required for a research project.• Trains and assists lower-level analysts in the mastery of new software programs.• Uses knowledge of data sources (such as Haver, FAME, DRI, and the Internet) and data content to determine what source will best provide data for a project.• Writes programs to automate data collection procedures.25%• Designs databases for use in economic research projects.• Writes documentation of data sources and statistical tests that have been performed on the data.• Compile’s simulation or forecasts of economic variables for use in pre-Federal Open Market Committee (FOMC) briefings.• Produces standard chart package as well as provides data and analysis for special topic briefings.• Assists in the design and development of new systems for presenting data for pre-FOMC briefings.• Documents procedures and trains lower-level analysts when required.25%• Collects data and interprets results from surveys. Writes results for department’s publications. Coordinates the production of the publications, including providing html or pdf files for inclusion on Bank’s external web site.• Reviews literature on research topics and may contact others doing similar research. Determines what information is relevant to the project and provides economists with summaries of findings, both orally and in writing.• Keeps abreast of current economic developments.• Analyzes bank structure cases; review applications, gather relevant data, meet with applicants and other interested parties, evaluate applications for conformance with Federal Reserve policy, and formulate recommendation. Prepares written report.• Provides information on banking and bank structure to potential applicants, the public, and other departments of the Bank.• Assists in recruiting, hiring, and training of new research assistants. Interviews and evaluates candidates. Trains new research assistants in programming languages; data definitions, sources, and uses; computer use; and econometric and statistical analysis techniques.• Acts as liaison with other departments to coordinate interdepartmental efforts related to banking structure casework, data, procedures, or systems.• Works individually or in a group to identify, communicate, and implement changes and initiatives with the goal of improving the quality of the operation or product.• Performs other related duties as assigned.• Fulfills job duties and responsibilities in conformance with sound safety practices.Subordinates: NoneScope Measurements: NoneJob RequirementsWhat You Have:Knowledge and Skills:• Knowledge of and ability to apply economic theory and quantitative techniques in research projects.• In-depth knowledge of PC and mainframe statistical programs, such as SAS and RATS, to organize data into files and to perform advanced statistical and econometric analyses.• Knowledge of economic data and its sources so that relevant data can be selected for research projects and for speeches and presentation visuals.• Knowledge of banking and bank regulations.• Strong analytical and problem-solving skills. Good oral and written communication skills.Education and Experience:Bachelor’s or Master’s degree in economics and finance and some specialized knowledge in these fields gained from advanced study or progressively responsible experience as a research assistant.Other Requirements: NonePhysical Requirements: Must be able to spend long hours working at a personal computer.The salary grade for this position is 11. Additional Information:• The Federal Reserve Bank of Philadelphia believes that diversity, equity and inclusion among our employees is essential to our success as an organization, and we want to recruit, develop and retain the most accomplished people from a diverse candidate pool. To support a workplace culture of belonging, we offer eight employee resource groups (ERGs) and a 100 percent rating on the Human Rights Campaign (HRC) Corporate Equality Index. The Federal Reserve Bank of Philadelphia is proud to be an equal opportunity workplace.• We have eight employee resource groups (ERGs) to support a diverse workforce. Abilities (supporting disabilities and allies), African Heritage, Asian-Pacific, Freedom (supporting LQBTQ+ and allies), Talent Forward (supporting career growth), Women United, Working Families and Veterans. ERGs are open to all employees.• We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process, to perform essential job responsibilities, and to receive other benefits and privileges of employment.• All Federal Reserve Bank of Philadelphia employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the Recruiter for this posting, who can provide you contact information for our ethics officer if necessary. You should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.• Background investigations and drug testing are required for all new hires as a condition of employment, after the job offer is made. Candidates for positions deemed as “safety sensitive” will also be screened for the presence of marijuana. Employment may not begin until the Bank accepts the results of the background investigation.• All employees will be subject to FBI fingerprint / criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.• This position requires access to confidential supervisory information and/or FOMC information, which is limited to “Protected Individuals” as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents must sign a declaration of intent to become a U.S. citizen when eligible to do so and pursue a path to citizenship. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a permanent resident and a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo an applicable background check and comply with all applicable information handling rules.• The above statements are intended to describe the general nature, level of work and the requirements of this position. They are not intended to be an exhaustive list of all responsibilities associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.• This is not a 100% remote opportunity. You will be available to work on-site in at least a hybrid capacity.• Learn more about the Philly Fed and its culture. Learn more about working for the Philly Fed.Full Time / Part TimePart timeRegular / TemporaryTemporaryJob Exempt (Yes / No)NoJob CategoryEconomics/ResearchWork ShiftFirst (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.Privacy Notice