Group Vice President, Outreach, Analysis and Community Development

Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic and diverse team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance.

What We Do:

The Research Department conducts research and engages in economic outreach to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. This covers a number of areas, including economic research, community development, publications, regional analysis and surveys, economic outreach. Direct input to policymakers is provided by memorandum and briefings addressing current policy issues for the Bank president, the Board of Directors, and others in the Bank and the System. We also inform the public through our data and national and regional economic analysis, publications, presentations and educational resources. 

About the Opportunity:

The Group Vice President (GVP) of Outreach, Analysis and Community Development, reporting to the Executive Vice President (EVP) & Director of Research, provides strategic leadership and direction for outreach and regional economic analysis and research communications in the Research Department, which includes oversight of the Research Department: regional economics, community development, publications, and economic education. This collaborative team works to strengthen the economies of our district’s diverse communities through research, surveys and data analysis. They also engage regularly with business leaders, community leaders and policymakers to understand and address economic challenges.

The GVP briefs and counsels the Director of Research and senior management on division strategies to shape and achieve department goals and mission.  They collaborate with Bank leadership to strengthen economic content in Bank communications, actively shape bank-wide direction through strategic planning and officer meetings and participate in briefings that serve as preparation for the president’s participation in the Federal Open Market Committee (FOMC). 

What You Will Do:

• Inspire, support, and develop a team that is agile and responsive to change, can conceptualize the Bank’s needs and has the skills to manage and achieve desired results in a highly dynamic environment, while maintaining the highest standards of excellence.

• Support the Director of Research and senior management on the development of division strategies to achieve and maintain bank and department goals and mission, ensuring connectivity between strategic external engagement, department initiatives and Bank high priority objectives.

• Independently anticipate economic and regional issues of concern to the Bank and the System. Advance the understanding of policy-relevant research and oversee Research Department communications including education and outreach efforts and all Research Department publications.

• Oversee economic analysis and content for the Bank's publications and public website as needed, contribute to speeches for senior management and address community groups on general economic issues.

• Directly and indirectly lead the development of department staff, including performance management and professional coaching. Ensure continuous learning and sharing of ideas with staff.  Foster culture of open deliberation, creativity, innovation, thought leadership, and continuous improvement.

• Present analysis to various audiences within the organization and at professional conferences and seminars.

• Collaborate with other Bank functions and external partners on key initiatives, research, and programs; develop and maintain relationships with a diverse set of business and organizational contacts across Fifth District financial institutions, nonprofits, government, and other relevant organizations to support District planning, programming, and special initiatives.

Qualifications:

• A graduate degree in economics or a related field. 

• A minimum of eight (8) years of demonstrated experience in economic analysis,