About the Company
The Federal Reserve Bank of St. Louis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., comprise the nation’s central bank. Our Memphis Branch plays a crucial role in the Federal Reserve System’s mission, contributing to economic research, policy analysis, and community development. We are a hub for thought leadership, dedicated to fostering a stable financial environment and a robust economy. Joining our team means becoming part of an organization committed to public service, continuous learning, and impactful work that shapes economic policy.
Job Description
Are you passionate about data, economics, and public policy? Do you want to kickstart your career in an environment where your analytical skills can directly inform critical decisions? The Federal Reserve Bank of St. Louis, Memphis Branch, is seeking a Junior Data Analyst to join our dynamic team. This entry-level position is perfect for someone eager to learn policy modeling and contribute to high-impact economic research. You will work closely with economists and researchers, gaining invaluable experience in data collection, analysis, and visualization to support policy development and economic understanding.
Key Responsibilities
- Assist in the collection, cleaning, and transformation of large datasets from various sources, ensuring data accuracy and integrity.
- Perform exploratory data analysis to identify trends, patterns, and insights relevant to economic research and policy questions.
- Support the development and maintenance of data models and analytical tools used for policy forecasting and evaluation.
- Create compelling data visualizations and presentations to communicate complex analytical findings to diverse audiences.
- Collaborate with senior analysts and economists on research projects, contributing to literature reviews and methodological approaches.
- Document data processes, methodologies, and findings clearly and concisely.
- Stay updated on best practices in data analytics, economic modeling, and relevant software tools.
Required Skills
- Proficiency in Microsoft Excel for data manipulation and analysis.
- Basic understanding of SQL for database querying.
- Familiarity with a statistical programming language (e.g., Python or R) for data analysis.
- Strong analytical and problem-solving skills with attention to detail.
- Excellent written and verbal communication skills.
- Ability to work effectively both independently and as part of a collaborative team.
- Bachelor's degree in Economics, Statistics, Data Science, Mathematics, Public Policy, or a related quantitative field.
Preferred Qualifications
- Experience with data visualization tools (e.g., Tableau, Power BI).
- Coursework or project experience in econometrics, statistical modeling, or machine learning.
- Familiarity with economic data sources and concepts.
- Demonstrated interest in public policy, monetary policy, or regional economic development.
Perks & Benefits
- Comprehensive health, dental, and vision insurance plans.
- Generous paid time off, including holidays and vacation.
- Defined benefit pension plan and 401(k) retirement savings plan with employer matching.
- Opportunities for professional development and continuing education.
- Tuition reimbursement program.
- Employee wellness programs and resources.
- Access to a wide range of learning resources and expert mentorship.
How to Apply
If you are interested in this position, please click the "Apply Now" button below. To ensure your application is properly considered, please prepare the following:
- An up-to-date Resume or CV
- A brief cover letter summarizing your experience and motivation
Applications are reviewed on a rolling basis. Only shortlisted candidates will be contacted for an interview.
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