Company
Federal Reserve Bank of Chicago
The Federal Reserve Bank of Chicago's Community and Economic Development (CED) team works directly and exclusively on understanding and being responsive to the needs of low- and moderate-income stakeholders and communities across the Seventh Federal Reserve District. CED is hiring for a Senior Advisor to join a small team of dedicated professionals. CED partners with Policy Studies as part of the Community Development and Policy Studies (CDPS) team, and is a critical part of the Research, Policy, and Public Engagement (RPPE) department.
CED informs public policy and community development practice by conducting applied research, identifying and sharing what works, and building effective external engagement efforts across the diversity of the communities we serve.
Job Summary
You will report to the Assistant Vice President for CED and proactively advance projects that strengthen the public-private funding and financing structures (community development (CD) finance) for interventions targeting economic opportunity and mobility in low- and moderate-income or historically underserved communities.
#LI-Hybrid
Your Responsibilities:

• Identify, analyze, and contribute to a broad range of policy initiatives relevant to CDPS and the CD function of the Federal Reserve System
• Effectively communicate with people across lines of difference through written and verbal formats, frequently sharing information while listening to and understanding diverse points of view (including translating research to practice and practice to research)
• Write articles and memos, and provide briefings to senior Bank management
• Prepare and present speeches to community groups on local or regional community development issues, including by participating in panels at community development conferences
• Collaborate with other departments, teams, and external stakeholders to drive innovative work in service to LMI communities
• Inform, shape development and pursuit of new opportunities to maximize FRBC's impact and influence in CD finance
• Build and leverage networks to create innovative new solutions informed by research, expertise, and practices from the Fed
• Serve as a thought partner to other CD finance leaders in the development and design of initiatives that can contribute to the economic mobility of 7th district communities
• Promote diversity, equity, and inclusion considerations in all aspects of CD work; ensure that our CD work reflects the diversity of the 7th District
• Work with other colleagues to foster connections, synergies, and processes for collaboration and knowledge sharing across RPPE/ FRBC/ the System
• Develop and maintain strong and purposeful relationships of influence with key external stakeholder organizations
• Collaborate with Public Affairs and Communications colleagues to ensure the development of comprehensive marketing and communication plans for CD work
• Contribute to organizational decision-making and strategy setting across CDPS

Your Background:

• You are an expert in community development finance and public-private financing strategies
• You have successfully collaborated with researchers to drive evidence-based and/or practical solutions to community development challenges
• You are skilled at collaborating with a diverse range of public and private organizations to create and deliver community development strategies
• You have demonstrated leadership qualities and ability to influence
• You have a proven ability to manage and deliver on multiple, complex projects and initiatives within prescribed deadlines
• You are a strong communicator who is able to reach diverse audiences
• You have at least 7-9 years of work experience
• You have an advanced degree in a field relevant to community development, including urban planning, finance, public policy or another social science, or equivalent experience.
• You have a strong track record of delivering results in support of communities, preferably in low and moderate income areas, whether within the 7th District or elsewhere in the US

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
• A continuous learning environment with opportunities to gain new skills and grow your career

Requirements:

• All Federal Reserve Bank of Chicago employees must be fully vaccinated against COVID-19, and receive a booster shot within 30 days of being eligible to do so, unless the Bank grants an accommodation based on medical condition or sincerely held religious belief.
• 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
• This position requires access to confidential FOMC and or/supervisory 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 theysign 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.

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
Economics/Research
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.
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