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Economist/Senior Economist/Economic Advisor - Macroeconomics

Posted 3 days ago

federal reserve bankChicago (IL)

SENIORITY

Senior

SALARY

$165,000 and $290,000 annually

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About the role

Chicago, ILFull timeR-0000033014 Company Federal Reserve Bank of Chicago Economist/Senior Economist/Economic Advisor – MacroeconomicsE1: General Aggregative ModelsE2: Consumption, Saving, Production, Investment, Labor MarketsE3: Prices, Business Fluctuations, and CyclesE4: Money and Interest RatesE5: Monetary Policy, Central Banking, and the Supply of Money and CreditE6: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook The Economic Research Department of the Federal Reserve Bank of Chicago invites applications for an Economist, Senior Economist or Economic Advisor position on the Macroeconomics team. The Bank will consider applications from seasoned candidates with a strong publication record in economics and finance journals and at least 3 years of experience in an academic or similar research setting. Successful candidates will be expected to conduct independent research that is published in leading academic journals, provide in-depth analysis for Bank policy briefings, and contribute to the mission of the Bank. Excellent communication skills are required. The research staff at the Federal Reserve Bank of Chicago is a collegial group of economists with expertise in a variety of fields. The Chicago Fed provides an excellent research environment together with substantial support for research and competitive benefits. Salaries are commensurate with experience and level of achievement. The Federal Reserve Banks are committed to equal employment opportunities for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. More information on the Economic Research Department is at:http://www.chicagofed.org/webpages/research/index.cfmApplicants should submit:1-Cover letter2-CV3-Contact information for three references Important Note: When asked to upload your resume on the Workday Portal, you must upload all supplementary application documents. There will not be an additional prompt to upload documents 1,2, & 3. You must upload them on the same page where you upload your resume. Failure to do so will postpone the review of your application.
What we offer: The expected starting salary range for the Economist position is between $165,000 and $290,000 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant's relevant experience, skills, internal equity, and alignment with geographic and other market data. The expected starting salary range for the Senior Economist position is between $210,000 and $320,000 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant's relevant experience, skills, internal equity, and alignment with geographic and other market data. The expected starting salary range for the Senior Economist & Economic Advisor position is between $220,000 and $400,000 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant's relevant experience, skills, internal equity, and alignment with geographic and other market data. The Chicago Fed offers benefits to support overall health and financial security. Learn more about our benefits here: https://www.chicagofed.org/careers/thebenefitsA continuous learning environment with opportunities to gain new skills and grow your career.
Additional Requirements: This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well. 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 not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. Citizen and pursue a path to citizenship. As a condition of employment, Federal Reserve Bank of Chicago 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 official if necessary. 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. Full Time / Part TimeFull time Regular / Temporary RegularJob Exempt (Yes / No) YesJob Category Economics/Research Family GroupWork ShiftFirst (United States of America) 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. 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. Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government. OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward. Why Our People Choose Us: Our reputation precedes usThere will always be room for personal growth Our people are first You'll find the right balance Your responsibilities will be meaningful We hope that you will be our future colleague. 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. Please check back later for more information on available job opportunities.

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