Reference #: R-0000023008 CompanyFederal Reserve Bank of Philadelphia

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.

You will conduct independent applied research and produce original research reports on topics relevant to community development, consumer credit and payments, economic and personal financial education, including the effectiveness of each.

You will work with a high degree of independence in areas of expertise and contribute to the Reserve Bank's objective of becoming a knowledge center by writing, giving speeches and talking to outside audiences, and by contributing to Reserve Bank research projects. Published works may include collaborative efforts with other Department or Bank staff, colleagues in other Reserve Banks, policy makers or academics.

You will develop relationships with other researchers and practitioners in the areas of community development, consumer credit and payments, and economic and personal financial education.

Job Description:

65% * Conducts independent applied research and produces original research reports on community development, consumer financial products, and financial education. * Takes an active role in planning and directing the department's research agenda. * Recommends, initiates, plans and executes research projects with a high degree of independence in area of expertise. * Coordinates research projects and directs research activities of other staff, as assigned. * Provides an ongoing output of written reports and analyses for publication on department's website and in department's discussion papers, periodic newsletters, and external sources. These include original research, as well as conference or workshop summaries. * Prepares and delivers speeches in area of expertise within the Bank and to external audiences, including academics, bankers, government agencies, nonprofit organizations, and congressional staff in the Third District and nationally. * May assist the department officer, senior management, and other staff in the preparation of their speeches.

30% * Monitors and collects technical information related to community development, consumer credit and payments, and personal financial education, and the overall economy from a variety of sources including trade publications, web-based news sources, and computer databases and informs staff of findings. Supports other research or project initiatives within the Reserve Bank that advance the department's mission and that of the Bank as a whole. * Develops and maintains contact with other researchers and practitioners in the areas of community and economic development, consumer finance products, and financial education as a source of information and data to support the department's research agenda.

5% * May assist department management with selection and hiring of new research support staff. * May make training recommendations and mentor support staff on research projects. May participate in performance evaluation of support staff. * Actively involved in the accomplishment of departmental and/or Bank-wide quality initiatives by being a department coordinator, team leader, or team member. * Fulfills job duties and responsibilities in conformance with sound safety practices. * Performs other related duties as assigned. Knowledge and Skills: * Exceptional skills in research methodologies and analytical analysis. * Thorough knowledge of and ability to independently apply economic theory and quantitative techniques. * Strong knowledge of infor ation management techniques. * Strong knowledge of financial and economic data and financial institutions typically acquired through related work experience. * General knowledge of banking and bank regulations. Excellent oral and written communication skills. * Ability to give oral presentations to management and other internal and external audiences. * Strong analytical, problem solving, and leadership skills. * Strong organizational and planning skills; strong ability to manage multiple projects under deadlines and build effective teams. * In-depth PC skills and knowledge of the data services subscribed to by the department. * In-depth knowledge of PC and mainframe statistical programs, such as SAS, EViews, SPSS, and STATA, to organize data into files and to perform advanced statistical and econometric analyses. * Knowledge of the Bank's standard office software. * Strong interpersonal skills and team player in a collaborative environment. * Ability to work with high degree of independence.

Education and Experience: * Master's degree in economics, city planning, community development, statistics, or another quantitative social science discipline required. * Minimum of 5 to 10 years of relevant research related experience required in the area of community development and/or economics. * Previous experience in giving speeches and presentations on community development or related economic topics a plus.

Other Requirements: * Self-starter with inquisitive mindset, able to propose new ideas and set project goals. * Ability to travel both within and outside the 3rd district, including some overnight travel. * Must have a valid driver's license.

The  for this position is 16.

We offer a great benefits package that features:

Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period

401k/Thrift Plan with generous employer match

Employer-funded Pension Plan

Paid Vacation/Sick Time & Holidays

Monthly $100 Commuter Allowance

Flexible Spending Accounts and Healthcare Spending Accounts

Flexible Work Schedule available in most departments

Life Insurance and Long Term Disability Insurance

Tuition Reimbursement (undergraduate and graduate)

Parental Leave

Free onsite 24/7 Fitness Center including training classes, Peloton bikes and locker room / shower facilities

Onsite Cafeteria & Coffee Shop

Additional Convenience Benefits, Discounts and More...

Additional Information:

The Federal Reserve Bank of Philadelphia believes that diversity, equity and inclusion among our employees is essential to our success as an organization, and we want to recruit, develop and retain the most accomplished people from a diverse candidate pool. To support a workplace culture of belonging, we offer eight employee resource groups (ERGs) and a 100 percent rating on the Human Rights Campaign (HRC) Corporate Equality Index. The Federal Reserve Bank of Philadelphia is proud to be an equal opportunity workplace.

We have eight employee resource groups (ERGs) to support a diverse workforce. Abilities (supporting disabilities and allies), African Heritage, Asian-Pacific, Freedom (supporting LQBTQ+ and allies), Talent Forward (supporting career growth), Women United, Working Families and Veterans. ERGs are open to all employees.

We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process, to perform essential job r