CED Advisor/Senior CED Advisor

The program supports the Central Bank’s monetary policy and bank supervisory functions and works to foster economic mobility and resilience among low- and moderate-income communities in the Southeast. We do this by conducting research and creating data tools, engaging stakeholders, and tracking and elevating issues facing the Southeast’s lower-income residents.

The Adviser will develop and execute a research agenda with a focus on barriers to and solutions for increasing the economic mobility and resilience of low- and moderate-income households and communities, particularly in relation to systemic shocks and stresses that impact the Southeast. Particular areas of expertise might include, but are not limited to, access to credit, consumer borrowing, household financial security, and understanding the disparate impacts of natural, social, and/or economic hazards on underserved communities. The Adviser may also lead and collaborate with colleagues on research focused on housing and neighborhoods and workforce development.

The Adviser will be responsible for setting a research agenda, managing projects, producing research reports and tools, collaborating with other subject matter experts, and developing a network of partnerships in research and practice in order to influence policy in the Southeast. The Adviser will track community-level trends, identify emerging issues, inform policy responses, and understand systemic barriers and strategies to overcome these barriers.

Research experience from one or more of the following subareas are desired: racial equity, inclusive urban/rural development, natural hazards, community resilience and adaptation, access to financial services and credit, fair lending, housing, and workforce development. Strong quantitative analysis and research design skills are desired.

Serves as an expert for the Community and Economic Development (CED) program and the District on barriers to and solutions for increasing the economic mobility and resilience of low- and moderate-income households and communities, particularly in relation to systemic shocks and stresses that impact the Southeast. Areas of expertise might include, but are not limited to, understanding the disparate impacts of natural, social, and/or economic hazards on underserved communities, community resilience and adaptation, inclusive urban/rural development, access to financial services and credit, household financial security, housing, and workforce development.

Uses strategic agility and quality decision making to support CED leadership in the development of a comprehensive strategy for a particular CED topic (to include research, outreach, and other initiatives). Executes the strategy and monitors, measures, and reports outcomes. Uses interpersonal savvy to foster strategic relationships 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.

Key Responsibilities:

• Leads a select CED topic by helping to strategically plan and coordinate related research and outreach 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.

• 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 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.

• 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.

• 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.

Education:

Bachelor’s Degree; Master’s Degree preferred

Experience:

Three to Five years preferred