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Federal Reserve Bank of Chicago

Senior Economist/Economic Advisor – Macroeconomics

Federal Reserve Bank of Chicago, Chicago, Illinois, United States, 60290

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Senior Economist/Economic Advisor – Macroeconomics Apply for the

Senior Economist/Economic Advisor – Macroeconomics

role at the

Federal Reserve Bank of Chicago .

Overview The Economic Research Department invites applications for a Senior Economist or Economic Advisor position on the Macroeconomics team. Applicants should have a strong publication record in economics and finance journals and a minimum of five years of research experience.

Research Areas

E1: General Aggregative Models

E2: Consumption, Saving, Production, Investment, Labor Markets

E3: Prices, Business Fluctuations, and Cycles

E4: Money and Interest Rates

E5: Monetary Policy, Central Banking, and the Supply of Money and Credit

E6: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

Responsibilities

Conduct independent research and publish findings in leading academic journals.

Provide in‑depth analysis for bank policy briefings.

Collaborate with a collegial group of economists to advance the Bank’s research mission.

Qualifications

At least five years of experience in an academic or comparable research setting.

Strong publication record in top economics and finance journals.

Excellent communication skills.

Application Requirements

Cover letter

Curriculum vitae

Contact information for three references

Important Note:

When uploading your resume on the Workday Portal, submit all supplementary documents on the same page to avoid postponement of review.

Compensation and Benefits

Salary range for Senior Economist: $237,200 – $314,000 annually, plus performance‑based discretionary bonuses.

Salary range for Economic Advisor: $250,000 – $400,000 annually, plus performance‑based discretionary bonuses.

Benefits include comprehensive health, financial security support, and continuous learning opportunities.

Additional Screening Requirements

Background checks covering education/employment verification, criminal history, credit history, and reference outreach.

Security clearance and access to confidential supervisory information required for FOMC participation.

Eligibility for "Protected Individuals" status and potential sponsorship for non‑U.S. citizens.

Equal Employment Opportunity 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. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.

Job Classification

Seniority level: Mid‑Senior level

Employment type: Full‑time

Job function: Finance and Sales

Industries: Banking, Capital Markets, and Financial Services

Shift: First (United States)

Exempt: Yes

Job category: Economics/Research Family Group

Apply All applications should be submitted through the Federal Reserve System Careers portal or verified Federal Reserve Bank social media channels. For more information, visit https://www.chicagofed.org/webpages/research/index.cfm.

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