Vice President, Community Development at Federal Reserve Bank (FRB) in St. Louis, Missouri

Job Description:

Company

Federal Reserve Bank of St. Louis

The Federal Reserve Bank of St. Louis is looking for a Vice President to help guide our Community Development work and serve as the Bank’s Community Affairs Officer. Community Development promotes economic resilience and mobility for low- and moderate-income (LMI) and underserved households and communities by partnering with intermediaries, conducting research, and convening stakeholders in the Eighth Federal Reserve District. You will be based in one of the Bank’s locations (St. Louis, Little Rock, Louisville or Memphis). You will report to the Senior Vice President, Communications and Engagement.

Responsibilities

• Guide the overall strategy for the Community Development team, ensuring all activities, including research and engagement, align with the Bank’s and System’s overall goals and objectives.


• Contribute to and lead Federal Reserve System committees and initiatives to ensure the expertise of the Bank and the perspectives of the people we serve in the Eighth District are reflected.


• Enhance the Bank’s reputation for objectivity, quality and relevance within the region and nationally by maintaining relationships with leaders in the community development field, making presentations, and overseeing the Bank’s Community Development Advisory Council.


• Direct and contribute to communications strategies, including speeches, research reports, publications, electronic media and public programs that help improve public understanding of the regulations, policies and practices that impact low- and moderate-income communities.


• Ensure that staff outreach and advisory services to community development practitioners at financial institutions, nonprofit organizations, and government agencies serve the needs of stakeholders and the Bank; coordinate those activities cross-functionally.


• Attract, manage, support and develop a high caliber professional staff of 15-17 Community Development team members with diverse capabilities.


• Contribute to various independent and collaborative research projects focused on financial inclusion and other community development topics.


• Be a part of the leadership team for the Bank’s Communications and Engagement division.


• Travel up to 15%.

Qualifications

• Graduate degree in economics, sociology, demography, psychology, mathematics, statistics, public policy, or other related field or commensurate experience.  


• 10+ years experience in related fields.


• Previous experience developing relationships and research related to Community Development.


• Experience managing large teams of people.


• Knowledgeable about application of research to understand and explain economic and community development issues.


• Knowledgeable about historical and contemporary issues that create barriers to fully engaging in the economy.


• Strong analytical, critical thinking, and problem-solving skills.


• Excellent writing skills with demonstrated experience writing for non-academic audiences.


• Eagerness and proven ability to work as part of a team; can demonstrate working relationships with technical and non-technical staff.


• Commitment to diversity, equity inclusion, and belonging.

Total Rewards

Bring your passion and expertise, and we'll provide the opportunities to challenge you and propel your growth—along with multiple benefits and perks that support your health, wealth, and life.

In addition to competitive compensation, we offer a comprehensive benefits package all brought together in a flexible work environment where you can find balance:

• 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


• 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, and locker room / shower facilities


• Onsite Cafeteria & Coffee Shop


• Additional Convenience Benefits, Discounts and More…

At the Federal Reserve Bank of St. Louis, we are committed to a strong and resilient economy for all. We prioritize inclusion and strive to be a workplace where all employees can thrive. Learn more about Bank’s culture.

The Federal Reserve Bank of St Louis is an Equal Opportunity Employer. #LI-Hybrid

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Executive Family Group

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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