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Bank Economist Jobs (NOW HIRING)

Federal Reserve Bank of Boston

Economist

Boston, MA · On-site

In this role, you will serve as an Economist in the Bank's Research Department, responsible for conducting and publishing original policy-oriented research in the areas of macroeconomics, monetary ...

Federal Reserve System

Economist

New York, NY · On-site

Company Federal Reserve Bank of New York When you work at the New York Fed, you have the ... Economists provide analytic support for the New York Fed's core missions and engage in scholarly ...

World Bank

Senior Economist - Governance

Washington, DC · On-site

$104K - $132K/yr

The World Bank Group is one of the largest sources of financing and knowledge for developing ... The Senior Economist will report to the GOV PSI Practice Manager for Latin America and the ...

ProSidian Consulting

Economist

Charlotte, NC · On-site

... Banking & Financial Services, Transportation, Federal and State Government Agencies. Learn More About ProSidian Consulting at www.ProSidian.com. ProSidian Seeks a Economist (Contract Contingent) in ...

Econometric Society

Research Economist

Atlanta, GA · On-site

The Research Department of the Federal Reserve Bank of Atlanta is seeking to hire two established research economists with a PhD and post-PhD experience at an academic or policy institution.

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Bank Economist information

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$46K

$82.1K

$122.5K

How much do bank economist jobs pay per year?

As of Sep 14, 2026, the average yearly pay for bank economist in the United States is $82,064.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,000.00 and $98,500.00 per year, depending on experience, location, and employer.

What does a bank economist do?

A Bank Economist analyzes economic data, trends, and financial markets to provide insights and forecasts that help banks make informed strategic decisions. Their work involves studying factors like interest rates, inflation, employment, and government policies to assess their impact on the banking sector and the broader economy. Bank Economists often prepare reports, advise management, and sometimes communicate findings to clients or the public. Their expertise helps banks manage risk, develop new products, and stay competitive. They may also represent the bank in discussions with regulators, policymakers, or other financial institutions.

How does a bank economist typically collaborate with other departments within a financial institution?

Bank Economists frequently work with teams across various departments such as risk management, investment strategy, and regulatory compliance. They provide economic forecasts, market analysis, and policy recommendations that inform decision-making for lending, asset allocation, and strategic planning. Regular communication with senior management and analysts is common, ensuring that economic insights are integrated into the bank's operations and long-term strategies. This collaborative environment allows Bank Economists to influence key initiatives and gain exposure to multiple facets of banking.

What are the key skills and qualifications needed to thrive as a bank economist, and why are they important?

To thrive as a Bank Economist, you need strong analytical skills, a solid background in economics or finance, and often an advanced degree such as a master's or PhD in economics. Proficiency with statistical software (like Stata, R, or SAS), econometric modeling, and data analysis tools is typically required. Excellent communication, critical thinking, and the ability to translate complex data into actionable insights are vital soft skills. These competencies are important for informing bank strategy, risk assessment, and decision-making based on economic trends and forecasts.

What is the difference between Bank Economist vs Financial Analyst?

AspectBank EconomistFinancial Analyst
Required CredentialsEconomics degree, possibly a master's or PhD; economic certificationsFinance, accounting, or economics degree; certifications like CFA
Work EnvironmentBanking sector, economic research departmentsFinancial services, investment firms, corporations
Employer & Industry UsageCentral banks, commercial banks, financial institutionsInvestment banks, asset management firms, corporations
Common Search & ComparisonYesNo

Bank Economists analyze macroeconomic trends, monetary policy, and economic data to advise banks and financial institutions. Financial Analysts focus on evaluating investment opportunities, financial data, and company performance. While both roles require strong analytical skills and economic knowledge, Bank Economists primarily work on macroeconomic issues within banking institutions, whereas Financial Analysts concentrate on investment analysis and financial planning.

How much do bank economists make?

Bank economists typically earn a median annual salary between $70,000 and $120,000, depending on experience, education, and location. Senior economists or those working for large financial institutions can earn higher salaries, often exceeding $150,000. Compensation may also include bonuses and benefits related to their analytical and forecasting skills.

How to become a bank economist?

To become a bank economist, typically a candidate needs a bachelor's degree in economics, finance, or a related field, with many roles requiring a master's or Ph.D. for advanced positions. Strong analytical skills, proficiency in statistical software, and knowledge of financial markets are essential. Gaining experience through internships or entry-level roles in banking or economic research can also be beneficial.
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Bank Economist jobs near you
Infographic showing various Bank Economist job openings in the United States as of September 2026, with employment types broken down into 82% Full Time, 17% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $82,064 per year, or $39.5 per hour.

Economist

Boston, MA • On-site

Federal Reserve Bank of Boston
Finance and Insurance • 1 - 5K employees
Learn more about Federal Reserve Bank of Bostonexternal

Full-time

Re-posted 14 hours ago

Job description

Economist
Location: US-MA-Boston
Pos. Type: Full Time
Responsibilities:
In this role, you will serve as an Economist in the Bank's Research Department, responsible for conducting and publishing original policy-oriented research in the areas of macroeconomics, monetary economics, with a specialization in monetary and fiscal policy over the business cycle and economic growth. Advise Bank President and Board of Directors on topics within field of specialization through commentary, analysis and recommendations (including quantitative, statistical, and/or mathematical and empirical analysis) on monetary policy issues and current macroeconomic and economic growth developments. Select research topics and apply professional tools in a manner expected to meet academic peer review standards and to provide an excellent standard of policy support for Bank senior management. Produce working papers for journal publication and write articles for department publications. Keep abreast of theoretical and empirical developments, and of recent national, regional or international economic and growth trends. Present current research at meetings, conferences and workshops held by the Bank and academic, business, and international organizations. Help to organize workshops, seminars, and conferences as requested. Participate in Bank outreach program and deliver talks to general public on Fed policy and/or research topics. Assist in staff recruitment, reviewing curriculum vitae (CVs) and dissertation abstracts, attending national meetings to conduct interviews, reading and commenting on candidate's working papers, and speaking with references.
Qualifications:
Must have a Ph.D. degree in Economics. Must have one year of experience in job offered or one year of cumulative experience as a Research Assistant (pre or post degree). Must have research capability in applied monetary economics as demonstrated by at least three research papers (published or working papers) and at least one example of current work in progress. Must have proficiency with quantitative and empirical analysis, as demonstrated by academic course work, papers, or prior experience. Must have two letters of recommendation from dissertation advisors or professors attesting to ability to produce original research that contributes to the economic literature in area of focus. Must be willing to travel up to 25% of the time throughout the U.S. and abroad. Eligible to telecommute 1 day/week anywhere within normal commuting distance of the main office in Boston.

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