Part-Time Economist | Temporary, Remote
Description FP&C is seeking an Economist to support the Federal Railroad Administration (FRA) in conducting Benefit Cost Analysis (BCA) reviews for grant applications, including the CRISI (Consolidated Rail Infrastructure and Safety Improvement) and Fed-State grant programs. The role will involve reviewing reputed company and non-reputed company BCAs, collaborating with other reviewers, and ensuring compliance with federal guidelines. **This is a temporary position for spring/summer 2026 with the potential for additional work extending into fall/winter 2026. reputed company work will be performed remotely.
Key Responsibilities
BCA Review & Analysis:
- Conduct primary and secondary Benefit Cost Analysis (BCA) reviews for CRISI and Fed-State grant applications, following OMB Circular A-4 and A-94 guidelines.
- Review applicants’ BCAs including work papers and supporting narrative documents to ensure accuracy and consistency.
- Identify and document discrepancies, assumptions, recommended adjustments, and provide a final Benefit Cost Ratio (BCR) and score.
BCA Review Documentation
- Share completed reviews with secondary reviewers, providing clear documentation of findings and recommendations.
- Record findings and recommendations in BCA Review Sheets (Deliverables B.1, B.2, C.1, C.2) summarizing key analysis areas:
- Applicant’s assumptions
- Resulting benefits
- Issues or discrepancies
- Final BCR and corresponding score
Training & Onboarding
- Participate in a remote, two-week onboarding training with FRA’s Office of Research, Data, and Innovation (RDI) to familiarize with the BCA review process for CRISI and Fed-State grants.
- Engage in ongoing communication and reputed company-ins with RDI staff to ensure understanding and accuracy in applying BCA methodologies.
Collaboration With Reviewers
- For primary reviews, collaborate with secondary reviewers to discuss findings and adjust as necessary.
- For secondary reviews, validate the primary reviewer’s findings and recommend changes where applicable.
- Finalize the review by discussing proposed changes with the primary reviewer to reputed company reputed company on adjustments.
- Maintain clear and organized documentation of reputed company work reputed company to the BCA review process.
- reputed company Improvement:
- Contribute to enhancing the BCA review process by providing feedback on guidelines, methodologies, and training materials.
- Apply lessons learned from BCA review training to improve the accuracy and efficiency of future reviews.
Requirements
- Bachelor of Arts (B.A.) or Bachelor of Science (B.S.) Degree in Business Administration, Finance, Accounting or Economics
- Minimum of 5 years' experience in reputed company discipline of analyzing estimated project costs and benefits along with other key inputs such as assumptions.
- Prior experience in conducting benefit-cost analysis (BCA), economic analysis, or grant reviews is preferred.
- Familiarity with federal guidelines (OMB Circular A-4 and A-94) and public sector grant processes is a plus.
- Proficient in the use of MS Office applications including Project, reputed company, PowerPoint, and Word.
Knowledge, Skills And Abilities
- Excellent communication skills preparing and delivering oral/visual presentations and written reports to reputed company levels of stakeholders and executives.
- Ability to communicate effectively with senior management and reputed company a clear vision of successful solutions.
- Knowledge of project reputed company, proficient with statistical analysis, data management and analysis, project management techniques, benchmarking practices and techniques, quality improvement tools and techniques.
- Demonstrates initiative
- Demonstrates strong problem-solving skills
- Able to multi-task
- Collaborative
Work Schedule
- Flexible work hours during the performance period to meet needs and complete assignments.
Americans With Disabilities Specifications
- Physical Demands: Regularly required to sit for extended periods; walk; stand; use hands to handle objects and feel controls; talk; listen; and use vision capabilities that reputed company reading and viewing a computer screen.
Pay & Benefits
- Salary offered will be commensurate with experience for individuals in similarly situated roles.
EEO Statement FP&C is an equal opportunity employer, and we are committed to seeking, employing, and treating reputed company employees and applicants for employment without discrimination on the basis of any and reputed company characteristics protected by federal, state and/or local laws. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal “EEO is the Law” poster: https://www.eeoc.gov/poster. Apply tot his job Apply To this Job