Office of Financial Research

Position Title/Short Description

Full Text of JOE Listing:

Join a growing office with important financial stability responsibilities.

This is a unique opportunity to expand scholarship in financial stability for the benefit of the public and policymakers using financial data unavailable elsewhere.

The Office of Financial Research (OFR) promotes financial stability by analyzing the impact of financial policies and regulations, conducting research on financial stability issues, developing tools to monitor financial institutions and markets, addressing data gaps, improving data standards, and promoting best practices in financial risk management.

The Research and Analysis Center in OFR seeks candidates for the positions of Associate Director, Financial Markets and Associate Director, Financial Institutions and Risk Management. The Financial Markets section of the OFR conducts research on systemic risks in financial market activities. This includes research on asset pricing and modelling, financial market microstructure, funding, market liquidity and construction of market monitors using statistical and visualization techniques. The Financial Institutions and Risk Management section conducts research on the financial stability risk from financial institutions and financial networks, methods to assess that risk, policies to mitigate that risk, and financial institution risk management practices. Research output includes research papers for academic and policy journals and contributions to policy analysis for the public and the Financial Stability Oversight Council and its member agencies.

Associate Directors at the OFR are responsible for setting analytical and research priorities; hiring and managing a multidisciplinary team of researchers including economists, mathematicians, and statisticians; providing leadership on financial research; contributing to recommendations on financial stability policy; and supporting the Office’s data and data standards initiatives. Associate Directors lead a team of more than 20 researchers when fully staffed.

Successful candidates will have excelled both in the conduct of research and the management of the research process, and should have a record of publications in high quality academic journals comparable to that required for tenure at a leading academic department. Backgrounds in academia, policy institutions, regulatory agencies, or industry are welcome. Candidates should demonstrate proven ability to analyze complex questions, lead multiple projects, and manage relationships with a wide range of internal and external stakeholders. Outstanding written and oral communications skills are essential, including the ability to address a non-technical audience.

Salaries and benefits are competitive with similar high-level positions at federal regulatory agencies covered by FIRREA.

The U.S. Treasury Department is an Equal Employment Opportunity Employer.