I applied online. The process took 5 weeks. I interviewed at Federal Reserve Board in Nov 2018
Interview
I applied for the job in early October and was contacted for an interview in late November. The first round was very low-key, an interview with two RAs working at the Fed. The second round is with two Economists.
I interviewed at Federal Reserve Board (Washington, DC)
Interview
Relaxed and informal. Was interviewed by a subset of group that was hiring for an opening - one took the lead. Asked me questions about my background, my interests, and timeline for hire.
Two interviews each had 2-3 different economists from different teams. Interview lasted 1-2 hours each, Questions ranged from behavioral to technical (mostly econometrics and data related). I had a couple of research projects I worked on in undergrad and they asked quite a bit about them and my future interests.
Interview questions [1]
Question 1
Handed me a print out of some Stata results and asked me to interpret some coefficients.
Very relaxed - be yourself and convey your enthusiasm for the role. You don't need to be certain on a PhD and you should not force yourself to say you are if you are not. Be open to analytical roles and all projects and that answer will reveal itself.
Interview questions [1]
Question 1
Tell me about a time when you made a mistake and how you resolved it.