Research Analyst

  • Federal Reserve Bank of Chicago
  • Chicago, IL, USA
  • Nov 21, 2019
Full-time Analytics Business Analytics Business Intelligence (BI) CRM Data Analysis Data Collection Data Management Finance Python R

Job Description

External Job Description
Description - External
Research Analyst
Economic Research Department

Performs supporting economic research at an intermediate level. Prepares analysis in support of department projects. Uses database knowledge to compile statistical data and prepare reports and forecasts. Develops recommendations and presentations on topics studied. Contributes to multiple research teams. Possesses and applies broad knowledge of analytical concepts, practices and procedures to accomplish moderately difficult assignments. The level of work is considered intermediate and staff work under general supervision. This job has no direct reports.

Principal Duties and Responsibilities

  • Collaborates with analysts to define user requirements and conduct design review for the development of basic to medium of complexity applications using client server and/or Web technologies

  • Develops basic to medium level of complexity Web and/or client server applications

  • Assists in providing all required customer service and training for automated systems

  • Resolves basic to medium level of complexity automation and/or data problems

  • Identifies opportunities for process improvements and proposes solutions

  • Performs analysis and projections of financial, economic or demographic data

  • Compiles data, and prepares written reports, graphs and charts

  • Conducts market research, trend analysis and prepares forecasts

  • Uses and designs new analytical models, databases or applications

  • Develops a variety of written materials for various audiences

  • Frequently contributes to project teams

  • Performs other duties as requested

Education and Experience

  • Bachelor's Degree or equivalent experience as noted below; major in economics, business, finance, or public policy preferred

  • Minimum of 2-3 years of experience

Knowledge and General Skills

  •  Strong analytical and problem solving skills

  •  Strong written and oral communication skills

  •  Exceptionally strong interpersonal and teamwork skills

  •  Demonstrated project management skills

  •  Able to work on multiple projects at one time

  •  Knowledge of business practices and statistical methods

Specific Technical Skills

  • Advanced MATLAB programming.

  • Intermediate Stata, R, and Python programming.

  • Intermediate SQL and Database Management.

  • Intermediate LaTeX.

  • Version Control and Test-driven development.

  • Experience with Bloomberg, Haver, FRED

Other Requirements

  • Applicants must be U.S. Citizens or hold green cards with the intent to become a U.S. Citizen.

  • 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.