CED Advisor

Serves as a Community and Economic Development expert for the District, using strategic agility and quality decision making to develop a comprehensive strategy that translates research into practice and supports the collection of economic intelligence pertinent to low-and middle-income households. Executes the strategy and monitors, measures, and reports outcomes. Uses interpersonal savvy to foster strategic relationships and partnerships with key stakeholders. Uses technical and intellectual skills to independently conduct high-level applied, practitioner- and policy-oriented research. Produces highly specialized and original research papers, articles and reports on CED topics for Bank and System publications. Represents the Bank and CED function on System workgroups, participates in and leads District and System projects. Maintains a high level of knowledge regarding research, best practices, and policy expertise of specified issues related to the community and economic development field. Works with a fair degree of independence and requires some guidance in area of expertise.

Job ID: 54243419

Key Responsibilities:

• Leads a select CED topic by helping to strategically plan and coordinate related outreach and research activities using effective and creative approaches to address Low to Moderate Income (LMI) issues. Effectively carries out project management; helps define project specifications/requirements, identifies resources, organizes teams, ensures project objectives conform to Bank and CED strategic plans, prioritizes work, assigns tasks, tracks progress, prepares status reports, manages deadlines, and measures outcomes. Tracks related core data indicators, policies, and regulations for District and nation on select CED topic. Participates in Federal Reserve System (FRS) initiatives and working groups.
• Fosters regular communications, high-level relationships, and effective collaboration among District and national practice, policy, research experts/leaders from think tanks, universities, nonprofit organizations, government agencies, foundations, trade associations, financial institutions, nonprofits, and other related organizations on select CED topic and serve as a critical knowledge broker. Serves on local/regional taskforces/project committees that align with District and FRS CED interests.
• Participates in substantive, hands-on collaborative CED projects in a part of the District annually and documents/ publishes processes for potential duplication in other parts of the District/country.
• Executes research projects on select CED topic to assess LMI needs and issues within the District; includes primary and secondary data gathering, analysis/synthesis, and/or case studies. Supports activities to inform external stakeholders and Bank leadership, economists, and System counterparts on issues impacting LMI communities by writing and delivering effective professional presentations. Coordinates dissemination and use of results to prioritize the implementation of complementary activities (e.g. forums and educational series) throughout District using in-person and technology-based approaches.
• Conducts independent applied research and produces specialized and original data reports for the CED department’s website, blogs, discussion papers, other printed material, and for external sources on CED issues.
• Serves as contributing editor for the CED department’s quarterly publication and helps to recruit outside contributors to address critical topical issues for the District and nation.
• Participates in District FOMC and other Bank discussions related to select CED topic. Prepares and delivers sophisticated presentations on CED topics to internal and external stakeholders. Support the preparation of responses to outside inquiries and provides expert advice to Bank and System leadership and other departments as needed.

Experience:

• Three to Five years preferred

Knowledge Area/Technical Skills/Certifications and Licenses:

• Community and economic development
• CED Specialization (housing/neighborhood stabilization, human capital, small business, community development finance, or household financial stability)
• Planning and project management
• Written communications/presentation skills
• Descriptive statistics
• Qualitative research methods
• Microsoft Office Suite

Individual Competencies:

• Demonstrates Self-Awareness
• Problem Solving
• Action-Oriented
• Collaborates
• Communicates Effectively

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments).