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Federal Reserve Bank of Richmond Research Associate Interview Questions
& Process

Real candidates share what happened, how many rounds they had,
and how the experience turned out.

Based on 6 interview experiences · FREE TO READ

2.2 Rounds average
Average Typical difficulty
66.7% Positive experience

Candidate interview experiences

First-hand accounts from people who interviewed at Federal Reserve Bank of Richmond.

Showing 3 of 6
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Federal Reserve Bank of Richmond

Research Associate

Research · nearly a year ago

Entry Average Positive experience Accept offer 2 rounds
Interview process
Phone screen Onsite
Interview formats
Technical Behavioral

The first part was a phone interview with the hiring manager and a couple of research associates. It felt pretty relaxed, and the manager was nice and put me at ease. Then, there was a second round where I visited the office. They mostly wanted to check for any red flags and see if I would be a good fit for the team. It was also a chance to talk a little about what I'm researching.

Confirmed questions2 questions
  • Tell me about your research interests.
  • Could you work through a straightforward utility maximization problem?
Federal Reserve Bank of Richmond logo
Federal Reserve Bank of Richmond

Research Associate

Research · a year ago

Entry Average Positive experience Accept offer 2 rounds
Interview process
Phone screen Onsite
Interview formats
Technical Behavioral Other

First up was a 45-minute phone chat. They asked a quick microeconomics question, some fit questions, and I got to ask them a bunch of stuff. Then, I had an in-person interview which involved 20-30 minute chats with economists. It was pretty relaxed.

Confirmed questions1 question
  • Can you discuss a research project you completed during your undergraduate studies?
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Federal Reserve Bank of Richmond

Research Associate

Research · more than a year ago

Entry Average Negative experience No offer 3 rounds
Interview process
Recruiter call Phone screen Onsite
Interview formats
Behavioral Technical

I applied online through the Federal Reserve's website. Then, after a follow-up email, I got in touch to schedule a phone interview with a Regional Economist and their assistant. It was an exploratory call where they asked all the usual questions, like about my internship, my classes, and my career aspirations. After that, I was informed I'd be flown in for an in-person interview. However, after a week with no further contact, I reached out again and was told there was a mix-up and they had moved forward with another candidate.

Confirmed questions4 questions
  • Could you elaborate on your experience with VBA?
  • Tell me more about your internship experience.
  • What can you tell me about the classes you've taken?

Federal Reserve Bank of Richmond Research Associate Interview Questions

Quoted word for word from Federal Reserve Bank of Richmond interview reports.

Could you symbolically solve the constrained optimization problem?

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Could you solve this constrained optimization problem and explain each step you take?

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Could you work through a straightforward utility maximization problem?

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Explain a problem you encountered and solved during your microeconomics class.

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Can you discuss a research project you completed during your undergraduate studies?

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Formats, difficulty and experience

Across all 6 Federal Reserve Bank of Richmond interview reports.

Interview formats

Technical 42.9%
Behavioral 42.9%
Other 7.1%
Presentation 7.1%

Interview difficulty

Easy 0%
Average 66.7%
Difficult 33.3%

Candidate experience

Positive 66.7%
Neutral 16.7%
Negative 16.7%