Federal Reserve Bank Director / Assistant Vice President (AVP) for RCO Research & Communications in Boston, Massachusetts

Job Description

/Director/ Assistant Vice President (AVP) for RCO Research & Communications/

The Regional & Community Outreach (RCO) department at the Federal Reserve Bank of Boston promotes the economic strength of low-income individuals and communities across New England by informing public policy and economic and community development practice through conducting applied research, identifying and sharing what works, and building effective external engagement efforts. R&CO's work is focused on three areas: Supporting growth in small cities and rural areas, advancing household economic security and equity, and expanding employment opportunities. The RCO Research and Communications Group is responsible for advancing the work of these focal areas by conducting applied research and analysis, effectively engaging internal and external audiences with our work while lifting up and amplifying the voices of those in our communities, and contributing issue-specific expertise to inform the strategies of our departmental initiatives.

The Director/ AVP for RCO Research and Communications is a senior member of the leadership team leading the development of the department’s research agenda, managing the work of the RCO Research and Communications group, contributing to the overall strategic direction of the department, informing senior bank leadership on economic and community development issues, and building external networks and partnerships, particularly with researchers. We are looking for an individual committed to making a difference in reducing economic inequality and that believes in the importance of sound, objective research–with findings that are clearly communicated in a variety of formats to a broad audience of stakeholders–to making that happen. We are looking for a big-picture thinker balanced with experience conducting and overseeing applied quantitative and qualitative research informing policy and/or programs. The Director/ AVP will need to collaborate effectively across functional areas in the department (with our engagement and business support teams), the Bank (including the Corporate Communications and Economic Research Departments, separate departments for which there are strategic areas of connection), and with a broad array of external organizations from academic centers to community-based groups.

Principal Accountabilities:


•/Research & Communications Management and Results/: Oversee researchers in developing and executing a research agenda that advances a set of goals under RCO’s focal areas. The Director/AVP may also conduct their own research on topics relevant to low-income residents/communities. Work with researchers to select and shepherd research in a way that maximizes likelihood that findings will be used to inform public policy and/or the practice of economic and community development organizations, leading to positive outcomes for lower-income individuals. This includes engaging relevant stakeholders along the way. Provide critical review to research and manage the overall review process, ensuring research is rigorous and objective. Promote a process for conveying research findings in a variety of formats accessible for a range of stakeholders. Oversee communications professionals in identifying and executing a department communications strategy that sets priority initiatives for engaging target audiences with our work and amplifies community voices. Foster a creative, innovative, and adaptive team approach. Identify criteria for assessing the impact of the research and communications efforts to inform the continual refinement of the goals and strategies for this work.

•/Strategic Vision/: Direct or participate in the successful planning and execution of research projects and other types of department initiatives aimed at addressing the root causes of poverty and inequality in New England and nationally. Participate in the development of department focal areas and focal area goals, as well as department management policies. Provide occasional briefings to senior bank leadership on emerging issues and current policy discussion pertinent to lower-income communities. Develop broad-based knowledge pertaining to RCO’s three focal areas and environmental factors affecting them to be able to inform the above strategic work.

•/Team Management and Development/: Oversee all aspects of management and development for direct reports. Identify what skills/expertise are needed for open positions and manage recruiting. Effectively leverage the broad set of knowledge and skills across the team when identifying projects and roles while fostering a team environment. Incentivize and support creative and innovative ideas and risk-taking that promotes positive outcomes. Manage staff work, provide direct constructive feedback to help team members achieve their professional potential, and work with team members to identify growth opportunities and professional development plans.

•/Collaboration and Partnerships/: Foster strong collaboration across RCO, the Bank (including with Corporate Communications and Economic Research) and the Fed System. This includes working with project leads across the department to identify how researchers and communication experts can contribute their skills and knowledge to inform the development of strategies for department initiatives and best provide support to the work of the department’s engagement groups. Also, identify and develop relationships with representatives of key organizations for the purpose of forging the partnerships necessary to spur change in how we collectively understand and respond to issues faced by low-income populations—particularly through analytical work. Build partnerships aimed at persuading others to take on research questions related to RCO’s priorities. Serve as an ambassador of RCO, participating on external committees, workgroups, and task forces and conducting internal and external presentations on department research and other work to large and small audiences.

Supervision:

This position is required to supervise senior staff.

Knowledge and Experience:

•Proven track-record producing strong quantitative and/or qualitative research related to lower-income individuals or communities. Exceptional skills managing applied quantitative research and, ideally, qualitative research. Ability to promote rigorous, objective research essential. Demonstrated experience managing research leading to changes in policy and/ or programs. Familiarity with research on smaller cities, employment opportunities, job quality, access to childcare, and/ or racial wealth inequality a plus. •Proven leadership and strategic vision skills, including forward-thinking orientation, ability to overcome resistance, supporting and motivating professional staff, and influencing positive outcomes aligned with an organization’s vision, values, and goals. •Demonstrated ability to convey research findings in an array of accessible formats to reach a broad audience of stakeholders effectively a plus. Experience developing and/or overseeing a communications strategy (publications, website, social media) a plus. •Demonstrated ability to foster a creative and innovative environment. Excellent skills developing and motivating team members. Ability to support staff in innovating within a larger department and institution. •Demonstrated ability to foster a team and collaborative approach required. Demonstrated ability to build research partnerships across organizations and a broad network a plus. •Master’s or doctorate degree in public policy, planning, economics, economic development, urban or rural studies or other related field and minimum of 10 years of job related experience including a minimum of 3-5 years of management experience.

Travel: 15% of time, often day trips around New England.

/Position level of Director/ Assistant Vice President will be determined by qualifications of selected candidate./

/All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years./

/The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time./

Organization: *Federal Reserve Bank of Boston

Title: Director / Assistant Vice President (AVP) for RCO Research & Communications

Location: MA-Boston

Requisition ID: 257315