Company

Federal Reserve Bank of New York

Responsible for conducting economic and financial policy analysis and independent research on a wide range of topics for the Bank. Activities include identifying and carrying out research on topics for publication in peer reviewed academic and policy journals; providing trusted analysis and advice on economic and financial public policy issues; ensuring appropriate processes, guidance and resources are available for researchers; working to promote a diverse and collaborative research environment within the Bank and to foster diversity in the economics and finance professions.

Role Description
Expert:

Has subject-matter expertise that’s recognized by others. Manages large projects or processes with limited oversight from their manager. Coaches and reviews the work of other professionals. Faces problems that are difficult and often complex. Influences others regarding policies, practices, and procedures. Tactical (50%) – focused on the plans to achieve goals and objectives – the “how”, Transactional (50%) – carries out defined steps or processes.

Achieves operational targets with major impacts on their department’s results. Contributes to the development of goals for the department and planning efforts (budgets, operational plans,
etc.). Manages large projects or processes that span outside of their immediate job area. Performs work under limited supervision with extensive autonomy and discretion; plans and arranges short and long-term work. Influences timelines, expectations and proactively negotiates within the department. Communicates with parties within and outside of their own function, which may include external customers or vendors. Influences parties within and outside of their function at an operational and strategic level regarding policies, procedures, and practices. Regularly conducts briefings with managers and Senior People leader within their job function.

Typically responsible for providing guidance, coaching and training to other employees within job area. Typically responsible for managing major/complex projects at this level, involving delegation of work and review of work products.

Requires deep knowledge of their job area. Has a specialty within their discipline. Has broad knowledge of project management. Advanced understanding of business line and a broad understanding of the overall Bank.

Job Summary
[Conducts economic policy analysis and independent research on a wide range of topics for the Bank. Identifies and carries out research on topics for publication in peer-reviewed academic and policy journals. Provides rigorous analysis and advice on economic policy issues. Promotes a diverse and collaborative research environment within the Bank. Fosters diversity in the economics and finance professions.​]

Core Responsibilities
[Conducts scholarly research for publication in high-quality, peer-reviewed academic journals. Provides rigorous analysis of economic policy issues related to the Bank’s mandate, using advanced modeling and econometric techniques. Contributes analytical work and prepares technical memoranda, statistical exhibits, and briefings for senior bank leaders in support of important policy decisions. Collaborates with subject matter experts on model development, forecast, and analysis. Engages in outreach to the academic and official sector research communities through participation in seminars and conferences, as well as technical working groups.]

Qualifications
[PhD in Economics, Data Science, Public Policy, or other related field. Strong, established record of research and policy achievement.]

Touchstone Behaviors

Communicate Authentically: Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank's work forward.
Collaborate Inclusively: Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results.
Drive Progress: Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and uncertainty to drive outcomes.
Develop Others: Equitably champion, mentor, and develop others to grow professionally. Demonstrate
vulnerability and empathy to create a trusted environment.
Take Ownership: Establish an environment of action and excellence by holding self and others accountable to
execute to the highest standard.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Economics/Research Family Group

Work Shift

First (United States of America)

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