Office of Financial Research Fellowship Opportunities


The Office of Financial Research (OFR) helps to promote financial stability by looking across the financial system to measure and analyze risks, perform essential research, and collect and standardize financial data. The OFR seeks to provide insights on the financial system to identify financial stability risks, assess and measure the size of threats, and provide the Financial Stability Oversight Council, and its member agencies, with analysis for their mitigation.

The OFR Fellows Program seeks to achieve these objectives by inviting highly qualified individual researchers to submit proposals on topics of interest to the OFR. This selective program authorizes non-permanent, part-time, or full-time appointments and other work arrangements for experienced professionals from private industry, nonprofit organizations, other areas of government, and academia. Successful fellows will bring transformative knowledge about the most recent disciplinary and interdisciplinary developments to enhance the OFR’s expertise, responsiveness, and agility.

Topics of interest include:
• Asset management
• Short-term funding markets
• Bank and non-bank financial intermediation
• Systemic risk measurement
• Climate risk
• Cybersecurity & operational risk
• Digital assets
• Industrial organization of financial markets
• Financial networks
• Stress testing

In order to be eligible, you must be a U.S. citizen and hold a Ph.D. in economics, finance, or another quantitative field with an active research background. Your employment status must be current with another research institution.

Proposals by individual researchers should be submitted to The projects are expected to be carried out jointly between the fellows and researchers from the OFR, leading to one or more publications. Please include in the submission a a cover letter, in which state your desired start date, veteran status, and whether U.S. citizenship status. Additionally, include a curriculum vitae. The closing date for this position is September 1, 2021 or whenever the positions are filled.

For researchers from academia, selected proposals will lead to an agreement between the OFR and each home institution under the Intergovernmental Personnel Act authority. Data access will require a separate agreement and physical presence in the OFR when applicable.

For more information about other career positions with Office of Financial Research, please visit or