Senior Vice President & Director, Real Time Data Research Center

## Company
Federal Reserve Bank of Philadelphia

The Federal Reserve Bank of Philadelphia (the Philadelphia Fed) is one of 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., comprise the Federal Reserve System (System). Founded by Congress in 1913, the Federal Reserve System serves as the central bank of the United States. The Philadelphia Fed (3rd District) serves eastern and central Pennsylvania, southern New Jersey, and Delaware. Its mission is to formulate and implement monetary policy, supervise banks, bank holding companies, savings and loan holding companies, provide financial services to depository institutions and the federal government, and promote consumer protection and community development.

The Philadelphia Fed’s Research Department (Department) plays an important role within the System and has a long-standing reputation as a thought leader, innovator and influencer of monetary policy, informed by distinguished research, insights and analysis. The Department conducts research on a wide range of economic topics (macroeconomics, labor, finance, banking, and regional), produces analysis used in regional and national policy discussions, and conducts surveys to get timely pulse readings of the economy, including the Manufacturing Business Outlook Survey and the Survey of Professional Forecasters (which is the oldest quarterly survey of macroeconomic forecasts in the United States). It serves as a System leader in data analytics and governance and high‑performance computing. The Consumer Finance Institute (CFI), an innovative and unique cross-disciplinary team, sits within the Department and analyzes how people earn, spend, save, and invest, as well as how credit markets and payment systems affect the economy. Financial Statistics, which gathers and disseminates information from financial institutions, is also part of the Department portfolio.

Job Description:

The Real   Time Data   Research   Center   is a source of knowledge and   expertise   about real-time macroeconomic data, surveys of macroeconomic forecasts, and macroeconomic modeling.   Housed within the Philadelphia Fed’s Research Department, t he Center produces   macroeconometric   analyses and collects and   maintains   a variety of data sets of   value to macroeconomists and monetary policymakers. Our mission is to be the global source of economic research around real-time data, macroeconomic forecast surveys, and macroeconomic modeling,   providing   valuable insights to be drawn from that research for monetary policymaking . Learn more about the purposes and functions of the Real   Time Data Research Center   here .    
 
T he   Senior Vice President (SVP) & Director of the Real   Time Data   Research   Center   leads   the Center’s full portfolio of activities. This includes   macroeconomic surveys, data collection, forecasting,   workshops,   and conferences.   The SVP   sets   strategic   vision,   provides guidance and development to   the Center’s   staff, ensures   the   integrity   and visibility of its products, and strengthens partnerships with academic and central bank researchers .   As a member   of the Research Department’s Leadership Team,   the SVP will advance department initiatives   and   contribute to its positive culture .   Running a   division   within   the Research Department,   the SVP   is central to advancing the mission of the Center , providing strong leadership   as well as   developing   its talent .    
 
To succeed in this role,   the ideal candidate   must   demonstrate   exceptional executive ‑ level leadership and   possess   a   strong   understanding of   macroeconomic research, real ‑ time data, and advanced econometric techniques .   They must be able to set and execute a vision for a complex   portfolio of real time data,   leveraging   advanced models ; oversee high ‑ visibility macroeconomic surveys,   and   data collection efforts ;   and ensure the accuracy, integrity, and relevance of the Center’s economic products. Success requires strong analytical judgment, the ability to guide sophisticated   data -gathering and analysis   efforts , and the capacity to communicate insights clearly to senior   leaders,   policymakers   and external stakeholders. The candidate must build effective relationships,   collaborate with fellow leaders,   promote the Center’s work internally and externally, and provide thoughtful guidance   and coaching   to staff while managing evolving priorities and delivering results under tight deadlines.    
 
The salary range for this position is: $ 249 ,5 00   - $ 383,900 . Final salary and offer will be   determined   by the applicant's background,   experience   and skills, as well as internal equity and alignment with market data.    
 
K ey Responsibilities    
The scope of the role includes, but is not limited to:

Strategic   Leadership

- Advance the strategic vision   and plan   for the Real   Time Data   Research   Center   through collaboration within the Department and Bank.

- Maintain and evolve the Center’s portfolio of products to   continuously   meet the mission of being a global   source of data for economic research.

- Oversee macroeconomic surveys, real ‑ time ‑ data collection,   and   forecasting activities , ensuring alignment with the   mission and needs of stakeholders.

- Ensure the quality, integrity, and visibility of the Center’s products .

Department   Management

- Provide   strategic   guidance   to the Center’s   management team ,   evaluate performance, set   expectations,   cascad e   information, and ensur e   clarity around   objectives .

- Serve as a coach and   mentor,   for   the Center’s staff   as well as the Research Department.

Communication   & Relationship Management

- Coordinate Center activities with other sections of the Research Department   and the Bank .

- Ensure   the   C enter’s   products reach a variety of audiences, including through   outreach to academia.

- Oversee   the content of regular publications produced by the   C enter ,   ensuring they   are relevant and of high quality .

- Promote the resources   from the Center to relevant stakeholders   and   incorporate   applicable   feedback on   products and enhancements .

Education and Experience:

- PhD   in   economics,   finance, or   related field .

- M inimum of   10   years of   demonstrated   experience   within   the field of economics,   finance   or   related fields , i ncluding strong   track record   of publishing in leading journals.

- Demonstrated people and project leadership .

Knowledge and Skills:

- Strong analytical and critical thinking, including ability to assimilate complex information ,   understand complex topics,   and   integrate data with policy concepts .

- Demonstrated   expertise   in advanced quantitative economic/financial methods.

- Experience   in developing high-performing teams , with an emphasis on coaching and mentorship.

- Exceptional interpersonal skills   including   written and verbal communication skills.

- Strong organizational skills to manage evolving priorities and tight deadlines.

Other Requirements

- Maintain a full-time onsite presence at the Philadelphia Fed .

- Willingness to travel   as needed.

Ethics Considerations and Prohibited Activities

Employees of the Philadelphia Fed   are held to the highest standards of   integrity, impartiality, and public trust. To   maintain   confidence in the Federal Reserve System, all   employees must   comply with   federal statutes prohibiting financial conflicts of interest, and senior officials   are subject to   additional   restrictions.

The   ROLE   is subject to   Sections III and IV of   the    Federal   Reserve Board ’ s   Investment and Trading Policy for FOMC Officials .    Specifically, t he   ROLE should not hold derivatives tied to short-term interest rates; own   or control, directly or indirectly, any debt or equity interest in a primary government securities dealer or any of its affiliate ; or place bets on FOMC actions.   must:

- Hold investments for at least 45 days.

- Refrain from trading during FOMC blackout periods or periods of financial market stress.

- D isclose financial transactions.

These restrictions also apply to   the   ROLE’s   spouse and dependent children. In addition, the Bank ’s   Code   of Conduct prohibits outside activities that conflict with official duties (e.g., serving as a director of a public   company) and certain partisan political activities.

Candidates should review the following to ensure compliance:

- Federal Reserve Bank Philadelphia Code of Conduct

- https://www.federalreserve.gov/monetarypolicy/files/FOMC_InvestmentPolicy.pdf

- https://www.federalreserve.gov/aboutthefed/faqs-fomc-officials-investment-trading-policy.htm

We offer a great benefits package that features:

- Medical, Dental, and Vision Insurance

- 401k/Thrift Plan with generous employer match

- Employer-funded Pension Plan

- Paid Vacation/Sick Time & Holidays

- Flexible Spending Accounts and Healthcare Spending Accounts

- Life Insurance and Long-Term Disability Insurance

- Parental Leave

- Free onsite 24/7 Fitness Center

- Additional Benefits, Discounts and More…

Additional Information:

The Federal Reserve Bank of Philadelphia takes your information privacy seriously. Federal Reserve Bank of Philadelphia staff will only email you from the “@phil.frb.org” domain or through the Workday system “[email protected] ”.   If you are initially contacted by phone, feel free to   request   that the caller provide you with their email address to   validate   their identity. If you have any questions about the validity of someone who contacts you   regarding   this position, please email the Talent Acquisition team at   [email protected] .

We are an equal opportunity employer committed to hiring the best candidates and to   providing   equal employment opportunity to all persons without regard to race, color, religion, sex, pregnancy, national origin, age, genetic information, disability, military service, or any other basis protected by law.

We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process, to perform essential job responsibilities, and to receive other benefits and privileges of employment. If you need assistance or an accommodation due to a disability, please email us at [email protected].

Background investigations and drug testing are   required   for all new hires as a condition of employment, after the job offer is made.   Due to the nature of the   information   you will have access to, we require that you also complete a more in-depth enhanced background screening. Employment may not begin until the Bank accepts the results of the background investigation.

All employees 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.

This position requires access to confidential supervisory information and 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 permanent residents must sign a declaration of intent to become a U.S. citizen when eligible to do so and pursue a path to citizenship. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access   required   for this position if they sign a declaration of intent to become a permanent resident and a U.S. citizen and meet other eligibility requirements. In addition, all candidates   comply with   all applicable information handling rules. The Policy Advisor will   be required   to provide work authorization to prove eligibility to work in the United States.

The above statements are intended to describe the general nature, level of work and the requirements of this position. They are not intended to   be   an exhaustive list of all responsibilities 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.

By applying   to   this position, you agree you will be available to work on-site in a full-time capacity.

Learn more about working for the Philly Fed   here

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## Full Time / Part Time
Full time
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## Regular / Temporary
Regular
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## Job Exempt (Yes / No)
Yes
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## Job Category
Economics/Research Family Group
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## Work Shift
First (United States of America)

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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