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Company Federal Reserve Bank of Boston
A requirement of this position is that the employee must be fully vaccinated against COVID-19 or qualify for an accommodation from the Bank's vaccination policy; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank.As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.Deputy Director of StrategyRegional and Community OutreachThis position is responsible for supporting the Boston Fed's community development Strategic Engagements Team by formulating and managing innovative approaches to promote the economic strength of lower-income communities. This person supports thedesign and implementation of key department strategies, manages senior staff, and collaborates with other team and department members to forge partnerships with external organizations including non- profits, municipalities, financial institutions, and foundations to advance two key focal areas: strengthening household economic security and equity and increasing employment opportunities. The Deputy Director of Strategy is also responsible for leading strategies to, create the conditions for addressing the racial wealth divide and produce measurable impacts on the economic conditions of low- and moderate-income households, particularly BIPOC (Black, Indigenous, and other People of Color) residents.Principal AccountabilitiesSupport AVP in strategic planning on two department focal areas: Improving Household Economic Security and Equity and Increasing Employment Opportunities. This includes co-developing strategies to address complex problems across a portfolio of work, provide input on high-impact initiatives and pilots with senior staff, engage a range of stakeholders, proactively identify risks, and establish control mechanisms, and support senior staff recruiting potential partners.Contribute thought leadership to help identify opportunities to inform public policies, improve community development programs, and increase the department`s impact.Provide strategic guidance to multiple high-impact community development initiatives. Generally, these are innovative pilots that rely on strong, cross-sectoral partnerships for implementation. Responsibilities include developing strategies, conducting background research, developing a research and evaluation agenda, designing a communications plan, recruiting external and internal support and resources, and overseeing operations.Help to create and maintain external partnerships. This includes leveraging existing relationships in the community development field to identify and vet new partners or collaborators. In some cases, this involves forming coalitions of organizations working towards a common goal, such as reducing racial wealth inequality, filling a community development capital gap within a specific geography, or increasing the quality of jobs available to low- and moderate-income residents within a specific industry or occupation.Represent the Boston Fed at regional and national events by presenting on our community development initiatives and sharing research findings.Participate in discussions with department staff to surface themes that emerge from general community engagement work; through written and verbal updates to senior management, make recommendations about appropriate Boston Fed responses to emerging issues; disseminate findings externally to the broader community development field.Manage direct reports holding responsibilities for the implementation of key initiatives.Participate in Fed System Working Groups in order to identify strategies that can be replicated in the first district, and apply system networks and infrastructure to strengthen the quality and impact of our work in the first district.Other AccountabilitiesPerform other duties as assigned, including, but not limited to, required travel around New England and, occasionally, outside the region.SupervisionThis position is required to supervise senior staff.Knowledge and ExperienceExperience and knowledge that may be acquired through a Master's degree and approximately 10 years working experience including:- Demonstrated experience implementing economic development or social impact initiatives including developing strategic plans and designing innovative approaches.
- Demonstrated strategic planning and project management skills - experience as a management or strategy consultant is a plus.
- Demonstrated ability to manage the work of senior staff, including direct reports and interns.
- Demonstrated ability managing complex stakeholder groups in designing, starting up, growing, and moving to impact on strategic initiatives. Understanding of desired results, ability to deliver impact in implementation.
- Excellent writing and speaking skills, including the ability to represent the Boston Fed to local and national groups and convey best-practices and research findings to target audiences.
- Demonstrated analytical skills including: the ability to synthesize a wide variety of data and evidence, draft compelling strategic plans, and proposals for addressing complex problems, and measure and evaluate outcomes of potential interventions.
- ID: #23758223
- State: Massachusetts Boston 02108 Boston USA
- City: Boston
- Salary: USD TBD TBD
- Job type: Permanent
- Showed: 2021-12-02
- Deadline: 2022-01-30
- Category: Security