Vice President & Economist
Federal Reserve Bank
- Boston, MA
- Permanent
- Full-time
- Conducting leading-edge research and education on monetary policy, financial markets and stability, and important regional and national economic concerns.
- Providing financial stability expertise through a deep knowledge of money markets and the institutions key to those markets.
- Conducting dynamic, comprehensive bank supervision through on-site examination and by monitoring banking conditions, practices, and emerging issues.
- Providing efficient, high-quality payments services for depository institutions.
- Transforming the nation’s payments system by leading the development of the FedNowSM Service (“FedNow”), a real-time gross payments settlement system.
- Pursuing cooperative endeavors with business, community, and government leaders to address key local and regional economic issues, often with a focus on community development and economic opportunity.
- Supporting and improving economic outcomes for the broader community, particularly low- and moderate-income individuals. This commitment is reflected in our research on race and its link to economic well-being, our Working Places community development programs, and our initiative to improve the quality of low-wage jobs.
- Building institutional expertise and flexibility by identifying, engaging, and developing a highly trained and diverse staff.
- Providing leadership to System initiatives and interacting with other regulatory bodies and central banks.
- Provide strategic direction, leadership, and development of section professionals at various career stages and levels of seniority.
- Contribute to department efforts that support the Bank President, including FOMC preparations.
- Support and advise the Director of Research on economic/financial policy, department strategy, and other department and Bank matters.
- Contribute to the formulation of department strategic priorities and initiatives.
- Conduct high-quality academic and policy-oriented research.
- Work collaboratively with other members of the department leadership team to foster innovation and creativity within the department and to maintain an engaging and collegial culture.
- Represent the Research Department and Bank before policy, business, academic, and community groups.
- A Ph.D. in economics, finance, or related field is required, along with excellent publication record in major peer-reviewed journals.
- Substantial experience in people management and leadership with demonstrated ability to successfully lead and develop a team of Ph.D. economists and research assistants.
- Excellent communication skills, including the ability to communicate complex economic concepts to members of the public through various channels.
- Strong commitment to public service.
- Lead with a strategic, action-oriented mindset focused on performance, accountability, and outcomes.
- Engage in intellectual curiosity, agility, and experimentation to drive innovation.
- Drive results to help achieve the Bank and System strategic goals and initiatives. b
- Be a role model and serve as an active talent champion, coach, mentor, and connector.
- Build trust and serve as a helpful and contributing colleague.
- Embrace and demonstrate a growth mindset including the new principles and practices as the future of work evolves.
- Promote an inclusive environment in alignment with the System’s Diversity, Equity, & Inclusion goals.
- This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements.
- Residency in the First District within commuting distance of the office.
- Willingness to travel, both domestically and internationally.
- Work is performed in an office environment and requires the ability to operate standard office equipment and keyboards. At times, officers may be required to work evenings and/or over the weekend.
- Outside activities that are inconsistent with the employee’s duties and responsibilities, e.g., holding a position as a director of a publicly traded company.
- Certain partisan political activities, such as fundraising or holding partisan elected office.