Vice President and Director of Financial Research at Federal Reserve Bank (FRB) in Chicago, Illinois

Job Description:

Company

Federal Reserve Bank of Chicago

The Vice President and Director of Financial Research leads a team of Ph.D. economists and other professionals who produce high-quality policy analysis and scholarly research to support the Bank’s mission.

Key responsibilities include

• Manage a team who works on a wide range of topics in financial economics and insurance, who contribute to policy analysis both at the Chicago Fed and the Federal Reserve System


• Set expectations and objectives, provide ongoing guidance, mentorship, and feedback, and assess staff performance


• Oversee and provide intellectual leadership for the development and execution of policy projects and initiatives


• Contribute individually to policy briefings for senior leadership on issues related to current monetary policy considerations, longer-term economic and financial developments, and other Bank priorities


• Maintain a strong individual research program leading to publications in high-quality finance and economics academic journals


• In collaboration with peers, lead department initiatives, create and sustain a collegial culture, and further the Chicago Fed’s commitment to excellence in research and policy

Your Background

• Have a PhD in economics, finance, or a related field and significant post-PhD work experience


• Have a significant record of research success in financial economics, as demonstrated by publications in high-quality academic journals


• Have a significant record of conducting in-depth, policy-related analysis.


• Experience leading projects and/or people highly desirable

Work Location

This position will be based in our Chicago office and is in-person Tuesday – Thursday.

What we offer:

Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria

Requirements

• 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. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.


• As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities, and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Executive

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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