Assistant Vice President – Regional - Federal Reserve Bank (FRB)

Company

Federal Reserve Bank of Dallas

We are dedicated to serving the public by promoting a strong financial system and a healthy economy for all. These efforts take a team of dedicated individuals doing many different jobs. Together we’re creating a workplace where talented people can thrive, and we welcome your unique background and perspective to help present the best possible solutions for our partners.

Location: #LI-Hybrid

The Federal Reserve Bank of Dallas:

The Federal Reserve Bank of Dallas (Dallas Fed) promotes a strong financial system and healthy economy in the Eleventh Federal Reserve District, which includes Texas, northern Louisiana, and southern New Mexico. Through our offices in Dallas, El Paso, Houston, San Antonio, and our team of 1300 employees, we work for and with the people of our district to build a strong and inclusive economy. The Dallas Fed works within the Federal Reserve System and with other public and private sector institutions to foster the safety, soundness and vitality of the United States economy and financial system.

We are one of 12 Reserve Banks that, along with the Board of Governors in Washington, D.C., constitute the nation’s central bank. We are part of the Federal Reserve System, which was established by Congress in 1913. Our mission is to serve the interests of the American public by informing and influencing our nation’s monetary policy, fostering financial stability, and delivering quality services to the United States government and the financial institutions in our region. Although established by Congress we are independent of government.

The Dallas Fed’s responsibilities are wide-ranging. We actively work with government, the financial industry and community to conduct economic research and gather perspectives from our region to bring to national conversations about monetary policy; ensure our banking system is safe, accessible, and secure; help maintain a reliable supply of cash and support digital payment; and ensure that all people in our district have opportunities to build a bright economic future. Our success depends on actively connecting with the people and communities we serve.

Major Responsibilities:

Reporting to the Vice President over the Regional and Microeconomics Group, the Assistant Vice President – Regional Group is responsible for helping to manage teams, surveys and projects that contribute to the Bank’s regional output and presence in the Eleventh District. The AVP will also conduct cutting-edge research on topics in applied microeconomics, which includes labor, public, IO, education, and urban and regional economics and related fields, to help inform monetary and financial policy. The AVP will serve as an experienced thought-leader with an excellent grasp of the tools of applied microeconomics and econometrics and related fields to ensure that the Bank is contributing peer-reviewed research in these areas and drives the policy debate. The AVP will work closely with Regional Group economists to help form an economics research agenda for the Bank and ensure that the Regional Group contributes to the Bank’s strategic priorities around Building on Our Region’s Strengths and Grow Thought Leadership. The AVP will help facilitate executive-level briefings for the Bank on a range of topics related to policy-relevant themes, working in collaboration with Bank and System colleagues in Research, Community Development, Banking Supervision, and other functions.

The scope of the role includes but is not limited to:

• Works with the Regional Group to help guide and execute the strategic agenda for regional and applied microeconomic research and analysis within the Bank. Assists in the development of thematic analysis each Federal Open Market Committee (FOMC) cycle for the president and senior leadership team relating to the regional economy.
• Prepares FOMC-related presentation materials and leads and actively contributes to discussions on regional economic developments with the president and senior leadership team, drawing out relevant implications for policy and facilitating constructive, inclusive dialogue across the Bank. Ensures the president has effective briefing materials and is well versed in regional issues and research.
• Conducts cutting-edge, policy-relevant applied microeconomic research for publication in top peer-reviewed journals.
• Acts as a coach and mentor for Regional Group economists, sharing knowledge of analytical tools, frameworks, and theory to guide survey work, forecasting and modeling.

The Person:

• PhD degree in economics or a related area.
• At least 10 years of relevant work experience, with substantial knowledge of regional economics, public policy, markets and institutions, as well as analytical and econometric tools and modeling frameworks.
• Demonstrated success publishing in peer-reviewed journals.
• Deep interest in improving public policy and commitment to the mission of the Federal Reserve System.
• Strong analytical and critical thinking skills with a proven ability to identify and direct analysis on complex, policy-relevant economic themes.
• An independent, action-oriented thought-leader who communicates concisely and clearly for a senior policymaker audience, numerous stakeholders at all levels of the organization, and widely varied external constituents.
• Demonstrated ability to lead others, work collaboratively, and employ strong interpersonal and relationship-building skills to champion a diverse and inclusive environment that empowers others to contribute meaningfully.
• Leads with integrity, demonstrating honesty and respect.
• Balances a natural curiosity and comfort with ambiguity and experimentation with a drive and accountability to deliver rigorous and timely analysis.
• Ability to travel at least 10%.

Our Benefits:

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

• Comprehensive healthcare options (Medical, Dental, and Vision)
• 401K match, and a fully funded pension plan
• Paid vacation, holidays, and volunteer hours; flexible work environment
• Generously subsidized public transportation and free parking
• Annual tuition reimbursement
• Professional development programs, training and conferences
• And more…

Ethics Considerations and Prohibited Activities

Employees of the Bank are subject to federal statutes that prohibit financial conflicts of interest. In addition, the Bank’s code of conduct generally prohibits activities such as:

• Outside activities that are inconsistent with employee’s duties and responsibilities, e.g., holding a position as a director of a publicly traded company.
• Certain partisan political activities, such as fundraising or holding partisan elected office.
• Certain investments, including equity or debt security purchases of individual companies; investments in individual corporate bonds, municipal bonds, or asset-backed securities; investments in agency debt or mortgage-backed securities (directly or indirectly) or entering into derivatives are prohibited.

Notes:

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 an enhanced background check 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.

Dallas is the required location for this position. A relocation package may be offered. The position requires local and out-of-state travel as business needs dictate.

We use a hybrid work schedule that requires on-site work (in the office) at least three days a week or more as business needs dictate.

This position may be filled at various levels based on candidate's qualifications as determined by the department.

Are you ready to make a difference?

The Federal Reserve Bank of Dallas is proud to be an Equal Opportunity Employer that believes in the diversity of our people, ideas, and experiences, and we are committed to building an inclusive culture that represents the communities we serve.

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.

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