The Macroeconomic Analysis Division is seeking a macroeconomist with a broad range of interests, including public finance and fiscal policy. The Macroeconomic Analysis Division advises the Congress about the macroeconomic effects of federal fiscal policy, analyzes emerging developments in the economy, and prepares CBO's semi-annual economic forecast. In the past year, the division has analyzed a wide range of issues, including policies to promote economic growth, the effect of deficit reduction on the economy, the implications of changing demographics in the United States, and the effects of tax, Social Security, and Medicare reform. The position involves analyzing similar issues, writing CBO studies describing this analysis, and carrying out original economic research. CBO staff members regularly publish the results of their research in professional journals. The successful candidate will contribute to the full range of the division's responsibilities. Those include constructing and improving cutting-edge models that underlie CBO's policy analyses as well as preparing longer-term CBO studies, shorter-term memoranda, and testimonies. Required Skills Economists who have a broad range of policy interests are encouraged to apply. Special consideration will be given to candidates who have experience in building general equilibrium models and analyzing the effects of fiscal policy. Familiarity with micro data is a plus. Excellent interpersonal, writing, and quantitative skills, and the ability to communicate technical material in a clear manner are essential. Successful candidates will be able to work independently and complete work in a timely manner. Applicants should also have a Ph.D. in economics or a closely related discipline. Both junior- and senior-level candidates will be considered. Salary and Benefits Salary is competitive and will be commensurate with experience, education, and other qualifications. CBO offers excellent benefits and an attractive work environment. How to Apply For consideration, please submit the following items: resume, cover letter, short writing sample, salary history (if applicable), and contact information for three references. Recent graduates should submit an unofficial copy academic transcripts. Confidential letters of reference may be sent to careers@cbo.gov to be attached to your application. This position is covered by the Veterans Employment Opportunity Act of 1998 , as made applicable by the Congressional Accountability Act, as amended. Because this is a 'covered position' within CBO, appointment to this position is governed by the Veterans Employment Opportunity Act of 1998 , as made applicable by regulations approved pursuant to the Congressional Accountability Act. Accordingly, qualified applicants who are not current employees of CBO and who were separated from active duty in the armed forces under honorable conditions and who served on active duty in the armed forces during certain wars, in certain expeditions or campaigns, or during specific time periods (veterans) or who are disabled veterans may be eligible to receive preference over nonpreference eligible applicants in appointment decisions. Spouses, widows, widowers, and mothers of certain veterans may also be eligible to claim preference, if the veteran cannot. If claiming veterans' preference, an applicant must identify himself or herself as eligible for veterans' preference in the Self-Identification for Veterans' Preference section of the application and must complete and submit a Veterans' Preference Eligibility Form together with the supporting documentation specified on that form within two weeks of applying. Applicants may obtain a copy of CBO's Veterans' Preference in Appointments policy by submitting a written request to careers@cbo.gov . EEO M/F/V/D

The Financial Analysis Division is seeking candidates for a limited term position of 6-12 months to support the Division’s research and policy analyses of federal and private financial activity. The focus of the division’s work in this area is the risk and costs that those activities impose on the federal government and how those effects can be mitigated through various budgetary and program policies.  CBO’s analysis plays an important role in Congressional deliberations on policy alternatives, and the financial modeler will work closely with other CBO staff in the preparation of studies, reports, and testimony for the Congress. CBO staff often have the opportunity to publish research results in professional journals. Qualifications Candidates should have, at a minimum, a Master’s degree or equivalent in finance or economics with a broad training in financial valuation and econometric techniques and their applications. The ideal candidate has a strong interest in public policy, is knowledgeable about the use of derivative pricing and other valuation methods, is creative in applying and adapting those valuation techniques to new applications, and has the ability to explain financial concepts clearly and intuitively to a broad audience. Professional experience with the valuation of structured financial transactions, assessing financial risk, forecasting and modeling financial variables, and the use of econometric techniques to estimate financial valuation models would be highly regarded. Excellent interpersonal and computer programming skills and the ability to communicate technical material in a clear manner are essential. Successful candidates will be able to work independently and complete work in a timely manner. Salary and Benefits Salary is competitive and will be commensurate with experience, education, and other qualifications. CBO offers an attractive work environment. How to Apply Please submit a cover letter, résumé, salary history, contact information for 3 references, and a brief writing sample. Recent graduates should submit unofficial transcripts and have letters of reference sent to careers@cbo.gov in place of contact information for references.  Because this is a 'covered position' within CBO, appointment to this position is governed by the Veterans Employment Opportunity Act of 1998 , as made applicable by regulations approved pursuant to the Congressional Accountability Act. Accordingly, qualified applicants who are not current employees of CBO and who were separated from active duty in the armed forces under honorable conditions and who served on active duty in the armed forces during certain wars, in certain expeditions or campaigns, or during specific time periods (veterans) or who are disabled veterans may be eligible to receive preference over nonpreference eligible applicants in appointment decisions. Spouses, widows, widowers, and mothers of certain veterans may also be eligible to claim preference, if the veteran cannot. If claiming veterans' preference, an applicant must identify himself or herself as eligible for veterans' preference in the Self-Identification for Veterans' Preference section of the application and must complete and submit a Veterans' Preference Eligibility Form together with the supporting documentation specified on that form by the closing date of the job announcement. Applicants may obtain a copy of CBO's Veterans' Preference in Appointments policy by submitting a written request to careers@cbo.gov . Contact Nancy Fahey, 202-226-2628, careers@cbo.gov EEO M/F/V/D  

The Financial Analysis Division is seeking talented candidates for a position that involves developing valuation models and conducting economic and policy analyses of federal and private-sector financial activities. A focus of the division’s work in this area is to evaluate the costs, risks, and economic and budgetary consequences of a wide range of federal financial obligations, including loans and loan guarantees, deposit insurance, pension guarantees, and mortgage guarantees. Analysts prepare written studies and testimony, provide information to Congressional committee staff and advise others throughout CBO regarding financial institutions, financial markets, and valuation methodologies. Analysts also have the opportunity to conduct original research and to publish their work in professional journals.   Qualifications   Candidates should have a PhD in finance, economics or accounting, with a specialty in finance related area such as asset pricing, derivatives valuation and financial econometrics; or a Master’s degree in one or more of these disciplines with training in financial valuation and modeling techniques and significant professional experience in a position that utilizes that training. The ideal candidate has a strong interest in public policy, is knowledgeable about the use of derivative pricing and other valuation methods, is creative in applying and adapting those valuation techniques to new applications, and has the ability to explain financial concepts clearly and intuitively to a broad audience. Experience with the estimation of econometric models, Monte Carlo simulation techniques, and the numerical solution of dynamic stochastic optimization problems will be highly regarded. Strong programming and writing skills are also essential. Successful candidates will be able to work independently and complete work in a timely manner.   Salary and Benefits   Salary is competitive and will be commensurate with experience, education, and other qualifications. CBO offers an excellent benefits package and an attractive work environment.   How to Apply Please submit a cover letter, résumé, salary history, contact information for 3 references, and a brief writing sample .  Recent graduates should submit unofficial transcripts and have letters of reference sent to careers@cbo.gov in place of contact information for references. This position is governed by the Veterans Employment Opportunity Act of 1998 , as made applicable by the Congressional Accountability Act. as amended.   Because this is a 'covered position' within CBO, appointment to this position is governed by the Veterans Employment Opportunity Act of 1998 , as made applicable by regulations approved pursuant to the Congressional Accountability Act. Accordingly, qualified applicants who are not current employees of CBO and who were separated from active duty in the armed forces under honorable conditions and who served on active duty in the armed forces during certain wars, in certain expeditions or campaigns, or during specific time periods (veterans) or who are disabled veterans may be eligible to receive preference over nonpreference eligible applicants in appointment decisions. Spouses, widows, widowers, and mothers of certain veterans may also be eligible to claim preference, if the veteran cannot. If claiming veterans' preference, an applicant must identify himself or herself as eligible for veterans' preference in the Self-Identification for Veterans' Preference section of the application and must complete and submit a Veterans' Preference Eligibility Form together with the supporting documentation specified on that form by the closing date of the job announcement. Applicants may obtain a copy of CBO's Veterans' Preference in Appointments policy by submitting a written request to careers@cbo.gov .    Contact Nancy Fahey, 202-226-2628, careers@cbo.gov   EEO M/F/V/D