Job Overview

Area Overview

The Emerging Markets & International Affairs Group at the Federal Reserve Bank of New York supports two of the Bank’s key objectives: fostering international financial stability and expanding international relationships.

The Development Studies and Foreign Research Function (DSFR) contributes to the formation of policy by providing senior management and Bank staff with comprehensive and timely analysis of ongoing developments in emerging markets countries. DSFR serves as a key in-house analytical resource on country developments and country risk, and interfaces with a broad range of external contacts in the financial and official community. The Group provides reports and briefings to senior management for discussions on emerging markets related matters with foreign central banks, international financial institutions, and the Board of Governors, as well as, prepares country risk papers for the Inter-Agency Country Exposure Review Committee.

Job Responsibilities

Gathers and evaluates information about macro-economic, financial, and political developments in the international sector with an emphasis on emerging and newly industrialized economies, with a view toward informing, supporting, and executing Federal Reserve policy and operating decisions.
Provides technical and analytical support related to the Function’s overall objectives, including managing common databases and the Group’s internal web site, and contributing to research projects led by more senior members of the Function.
Evaluates country and transfer risk for individual countries on behalf of the Inter-Agency Country Exposure Review Committee.
Performs related duties as required.

Job Requirements

Bachelor’s degree in Economics, International Economics, Mathematics, or related field.
Strong analytical abilities and a demonstrated ability to aggregate and synthesize large quantities of information.
Proven ability to provide effective verbal and written analysis on a regular basis.
Ability to meet strict deadlines and work cooperatively in a team environment.
Proficiency in MS Office Suite and foreign language skills a plus.
Demonstrated experience in using large databases, Internet, and statistical packages (SAS, Gauss, TSP, RATS, or STATA) a plus.
Candidates must be legally authorized to work in the United States on a multi-year basis for other than practical training purposes and obtain U.S. security clearance.

Please provide an unofficial transcript with your GPA and an analytical writing sample as part of your submission.

The Federal Reserve Bank of New York values and is committed to a diverse workforce.

Candidates must be eligible to work in the United States on a multi-year basis for other than practical training purposes (authorization under a student visa to engage in practical training does not satisfy this requirement).