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Federal Reserve Bank (FRB)

Research Assistant-7

Federal Reserve Bank (FRB), Boston, Massachusetts, us, 02298

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About the Boston Fed As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy‑making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well‑being in communities through a variety of efforts.

The Boston Fed is one of 12 Reserve Banks and serves all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. This role requires an in‑person schedule with onsite work expected for intentional collaboration.

Candidates must reside in the First District.

Research Assistant Program The Research Assistant (RA) program at the Boston Fed is a two‑year program designed for recent college graduates with a background in economics, math, statistics, or related fields. RAs work with economists on a variety of research projects and provide support for ongoing analysis of the New England, U.S., and global economies and monetary policy, as well as bank regulation, the payments system, and financial markets.

Positions are available in our Research Department starting in June 2026.

RA Responsibilities

Review, organize, and analyze economic and financial data.

Write programs using statistical software such as STATA, MATLAB, R, SAS or Python.

Conduct literature reviews, perform thorough data analysis, and prepare written summaries of results for economists.

Prepare charts and tables using spreadsheet and data visualization software packages.

Conduct economic research for policy memos and for articles intended for publication by the Boston Fed, academic journals, and business periodicals.

Design programs to clean data, perform statistical tests, and run regressions.

Update and maintain data series regularly used by economists.

Proofread, edit, and fact‑check articles and papers.

Qualifications

A bachelor’s degree in economics, math, statistics, computer science, international relations, or related field with a concentration in economics.

Strong analytical, communications, and organization skills.

Familiarity with programming languages and statistical software packages such as STATA, Python, Matlab, R, and knowledge of statistics and econometrics.

Prior research or classroom experience analyzing data.

Legal and Security Requirements The Federal Reserve Bank of Boston is committed to a diverse, equitable and inclusive workplace and to providing 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.

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. For this job, any offer of employment is contingent upon successfully passing a two‑phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks. The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk‑based security screening determined by the risk rating of the position. Depending upon the sensitivity of the position, this phase may include, but is not limited to, work and residency eligibility verification, and personal interviews with the candidate, references, and prior employers. All applicants must have been a U.S. Citizen or a permanent resident who also resided in the United States for at least three (3) years. 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 years. All candidates must undergo an enhanced background check and comply with all applicable information handling rules.

Employment Information Full time Regular / Temporary: Regular

Job Exempt: Yes

Job Category: Economics / Research Family Group

Work Shift: First (United States of America)

Application 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.

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