Community Development Economic Advisor
Federal Reserve Bank of Philadelphia | |
life insurance, vision insurance, parental leave, sick time, tuition reimbursement, 401(k) | |
United States, Pennsylvania, Philadelphia | |
10 South Independence Mall West (Show on map) | |
May 02, 2024 | |
CompanyFederal Reserve Bank of Philadelphia
The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.
Conducts independent applied research and produces original research reports on topics relevant to workforce development, labor markets, and economic development, including the effectiveness of each. Works with high degree of independence in area of expertise and contributes to Reserve Bank's objective of becoming a knowledge center by writing, giving speeches and talking to outside audiences, and by contributing to Reserve Bank research projects. Published works may include collaborative efforts with other Department or Bank staff, colleagues in other Reserve Banks, policy makers or academics. Develops relationships with other researchers and practitioners in the areas of community development, consumer credit and payments, and economic and personal financial education. Job Description: 65% * Conducts independent applied research and produces original research reports on workforce development, labor markets, and economic development. * Takes an active role in planning and directing the department's research agenda. * Recommends, initiates, plans and executes research projects with a high degree of independence in area of expertise. * Coordinates research projects and directs research activities of other staff, as assigned. * Provides an ongoing output of written reports and analyses for publication on department's website and in department's discussion papers, periodic newsletters, and external sources. These include original research, as well as conference or workshop summaries. * Prepares and delivers speeches in area of expertise within the Bank and to external audiences, including academics, bankers, government agencies, nonprofit organizations, and congressional staff in the Third District and nationally. * May assist the department officer, senior management, and other staff in the preparation of their speeches. 30% * Monitors and collects technical information related to workforce development, labor markets, and economic development, and the overall economy from a variety of sources including trade publications, web-based news sources, and computer databases and informs staff of findings. Supports other research or project initiatives within the Reserve Bank that advance the department's mission and that of the Bank as a whole. * Develops and maintains contact with other researchers and practitioners in the area of expertise as a source of information and data to support the department's research agenda. 5% * May assist department management with selection and hiring of new research support staff. * May make training recommendations and mentor support staff on research projects. May participate in performance evaluation of support staff. * Actively involved in the accomplishment of departmental and/or Bank-wide quality initiatives by being a department coordinator, team leader, or team member. * Fulfills job duties and responsibilities in conformance with sound safety practices. * Performs other related duties as assigned. Knowledge and Skills: * Exceptional skills in research methodologies and analytical analysis. * Thorough knowledge of and ability to independently apply economic theory and quantitative techniques. * Strong knowledge of information management techniques. * Strong knowledge of financial and economic data and financial institutions typically acquired through related work experience. * General knowledge of banking and bank regulations. Excellent oral and written communication skills. * Ability to give oral presentations to management and other internal and external audiences. * Strong analytical, problem solving, and leadership skills. * Strong organizational and planning skills; strong ability to manage multiple projects under deadlines and build effective teams. * In-depth PC skills and knowledge of the data services subscribed to by the Department. * In-depth knowledge of PC and mainframe statistical programs, such as SAS, EViews, SPSS, and STATA, to organize data into files and to perform advanced statistical and econometric analyses. * Knowledge of the Bank's standard office software. * Strong interpersonal skills and team player in a collaborative environment. * Ability to work with high degree of independence. Education and Experience: * Minimum of master's degree in economics, urban planning, community development, statistics, or another quantitative social science discipline required. * Minimum of 5 to 10 years of relevant research related experience required in the area of community development and/or economics. * Previous experience in giving speeches and presentations on community development or related economic topics a plus. Other Requirements: * Self-starter with inquisitive mindset, able to propose new ideas and set project goals. * Ability to travel both within and outside the District, including some overnight travel. * Must have a valid driver's license. Application Instructions: Your application should include your vita, a cover letter, at least one research paper, and a list of at least two references. Applications will be reviewed from mid-May. Incomplete applications will not be reviewed. The for this position is 16. We offer a great benefits package that features:
Additional Information:
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences. |