Company: Federal Reserve Bank
Posted on: June 12, 2021
This position is responsible for conducting original
policy-relevant research in a field of specialization for
professional publication, either generally or internally refereed,
and in support of policy by providing commentary, analysis, and
recommendations (which may include quantitative, statistical and/or
mathematical or empirical analysis) on policy issues and on current
economic and/or financial market developments, or in the area of
expertise, for the President, Board of Directors, and Senior
Management. This position is also responsible for communicating
clearly and formally to the public on policy issues and economic or
financial topics. Studies and contributes to advances in economic
or financial theory, evidence, and research methods; and uses
independent judgment to apply such advances to research, policy
analysis and recommendations.
Support monetary policy decisions. Using empirical methods,
economic, financial, statistical, mathematical or econometric
models and personal judgment, analyze, forecast and report on
developments in domestic and international financial markets and
economies and provide policy advice within field of expertise to
the President, Board of Directors, and Senior Management.
Engage in policy-relevant empirically-based research. Select
topics, construct econometric or mathematical models when
appropriate and apply professional tools in a manner expected to
meet academic peer review standards and to provide an excellent
standard of policy support for Senior Management.
Write articles for department publications. Where necessary,
adapt current research to readership, expose theoretical and
empirical issues involved, and generally choose topics based on own
Keep abreast of theoretical and empirical developments, and of
recent national, regional or international economic and financial
trends. Read appropriate professional literature and attend and
present research at meetings, conferences and workshops held by the
Bank and academic, business, and international organizations to
hear, discuss and present current research. Help to organize
workshops, the seminar series or our annual economic conference as
requested. Serve as journal referee to evaluate others' work and
advise colleagues on their research, publications, and policy
Communicate clearly with the public on monetary policy issues
and the workings of the economy more broadly. Provide strong
written communication and oral presentations to government,
academic and business communities. Speak to non-professional
audiences on areas of personal expertise and economic and financial
developments and answer questions from the media and public.
Provide clear and excellent written communication and oral
presentations to the President, the Board of Directors, Senior
Management, internal staff and colleagues at other Reserve
Assist in staff recruitment. Review curriculum vitae (CVs) and
dissertation abstracts, attend national meetings to conduct
interviews, read and comment on candidate's working papers, and
speak with references. Assist also in the recruiting of economic
analysts, RAs, editors, administrators and administrative
assistants when appropriate.
May analyze banking markets and activities in support of
regulatory decisions and supervise and prepare Bank application
- May evaluate and comment on proposed regulatory or operational
changes, depending upon areas of expertise. May work with senior
management, the Board of Governors, and others in the Bank and
Federal Reserve system to analyze and anticipate effects of various
proposed regulations or operational developments.
Perform other duties as assigned.
This position is required to directly supervise one
Knowledge and Experience
Knowledge and experience normally acquired through, or
equivalent to, the completion of a Ph.D. degree in economics or
finance and a minimum of 0-2 years of job-related experience.
- Must have a demonstrated research capability.
- Superb written and communication skills.
- Undergraduate and graduate performance must be excellent.
The Federal Reserve Bank of Boston is committed to a diverse and
inclusive workplace and to provide equal employment opportunities
to all persons without regard to race, color, religion, national
origin, sex, sexual orientation, gender identity, age, genetic
information, disability, or military service.
All employees assigned to this position 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
The above statements are intended to describe the general nature
and level of work required of this position. They are not intended
to be an exhaustive list of all duties, responsibilities or skills
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.
Keywords: Federal Reserve Bank, Boston , Economist (Research), Other , Boston, Massachusetts
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