Anchor Economy Director

Federal Reserve Bank of Philadelphia Primary Location  PA-Philadelphia Full-time / Part-time  Full-time Employee Status  Regular Overtime Status  Exempt Job Type  Experienced Travel  Yes, 5 % of the Time Shift  Day Job Job Sensitivity Tier II - No Credit Check  

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.

Job Summary:
The Director will lead and advance the Bank`s Anchor Economy Initiative. Through research and engagement, this initiative will provide a national platform to assess the broader economic impact of the "eds & meds" sectors, evaluate the economic and structural challenges to these institutions, and promote a national dialogue on the future of anchors. The director will position the Reserve Bank as a national and System leader advancing critical research, as well as a national policy dialogue. Working directly with senior leaders including the Reserve Bank president, the director will develop a comprehensive research agenda and identify national scholars and other thought-leaders to contribute to the agenda. The director will organize convenings with internal and external partners to advance this policy dialogue and identify opportunities to leverage the Bank's high priority initiatives, on consumer finance and economic mobility, to advance with this important work. The director will also contribute to a communications strategy to broadly share research and resources with the public.

 

Principal Duties and Responsibilities:
Program Vision & Strategic Oversight
Shapes a center of knowledge and establishes deep expertise across the Reserve Bank, Federal Reserve System and within the industry on issues related to the economic impact and future viability of eds & meds. This critical initiative will explore a wide range of topics such as: the impact that anchors have on the national and regional economies, labor market implications of anchors, the future of higher education, impact of student debt and healthcare costs on consumers and communities, the evolution of healthcare delivery systems, and more.
Demonstrates organizational agility to align activities with Federal Reserve Bank of Philadelphia and Federal Reserve System interests and facilitates collaboration on projects under the established agenda.
Seeks ways to further leverage the Bank’s high priority initiatives focused on consumer finance  and economic mobility to advance anchor economy efforts.
Ensures management and staff understand and meet financial, productivity, quality, and impact goals. Develops overall plans that are comprehensive, realistic, and effective in meeting relevant Federal Reserve Bank of Philadelphia and Federal Reserve System goals.

 

Research & Outreach
Develops a comprehensive research agenda that advances industry understanding of the impact of anchors on regional economies while positioning the Federal Reserve Bank of Philadelphia as a leader in this area.
Recommends and manages visiting scholars who contribute to the body of research produced under this initiative.
Edits technical and accessible papers, policy briefs, blogs, and other publications. Recommends co-authors at the Reserve Bank to collaborate with industry experts in identified areas. May author select pieces of works.
Hosts periodic convenings of the visiting scholars and other industry experts to advance the policy dialogue. Manages all aspects of hosting these engagements, including agenda setting, meeting facilitation, and follow-up activities.

 

Communications & Public Engagement
Identifies opportunities for the Reserve Bank president and other senior leaders to speak at public forums in order to share and advance the dialogue around issues related to anchor economies.
Represents the Reserve Bank in external events and may serve as a subject matter expert at internal and external convenings.
Recommends and uses other communication vehicles, such as videos, webinars and podcasts, to better inform policy-makers and practitioners about topic-specific data and research.
Works in collaboration with web and communications staff at the Reserve Bank to develop a website to serve as the virtual center for the emerging body of research and practice and leads the ongoing enhancement of this website. Also engages with stakeholders through social media.

 

Other
Actively involved in the accomplishment of other departmental and Bank-wide initiatives as assigned.
Serves as the Bank's representative at various Federal Reserve functions as requested.
Fulfills job duties and responsibilities in conformance with sound safety practices.
Performs other related duties as assigned.

 

Education and Experience:
Master`s degree or greater in public policy, economics, city and regional planning, or another social science discipline required.
A minimum of 10 years of relevant leadership experience preferred, as evidenced by an exceptional record of accomplishments.

Knowledge and Skills:
Proven thought leadership within the healthcare and/or education sector(s)
Experience conducting or managing research to advance dialogue on related economic issues.
Extensive experience in building relationships across diverse stakeholder groups and creating consensus to drive action.
Strong executive presence and experience building, leading, and inspiring cross-functional teams.
Proven ability to think and act strategically and critically while interacting with a diverse group of stakeholders. Ability to turn strategy into action.
Ability to meet key deadlines, manage ambiguity, address multiple, and at times competing, priorities; and handle difficult situations as routine.
Strong entrepreneurial skills and a self-starter who works well with limited guidance and direction.
Excellent oral communication and written communication skills. Strong presentation skills and strong ability to articulate issues clearly and accurately.

Other Requirements:
Some travel within Pennsylvania, New Jersey, and Delaware required and occasional travel outside of the Third District.

High level of proficiency in PC applications to include Bank approved software.

Ability to learn other applications and demonstrate strong automation skills.

Familiarity with Bank standard database management tools and knowledge of web based meeting management tools.

Background investigations including drug testing are required for all new hires as a condition of employment, after the job offer is made.  Employment may not begin until the Bank accepts the results of the background investigation.

 

Certain eligibility rules apply

 

Our benefit plans are designed to be the best fit for you at every stage of your career!
Excellent health, prescription, dental and vision coverage
Savings Thrift Plan (401K) with a 100% match up to 6% and a pension plan
Paid vacation / sick time / paid holidays and a flexible work environment
Numerous Employee Resource Groups to help you thrive and grow at the Fed in a diverse and inclusive environment
Healthy lifestyle assistance through an on-site fitness center, subsidized cafeteria with healthy food options, and health and wellness programs
Monthly public transportation allowance
Numerous internal development programs plus annual tuition reimbursement programs
Free credit protection, financial planning, and flexible spending accounts or health savings accounts and much more!