Federal Reserve Bank of ChicagoPolicy Advisor / Senior Policy Advisor and Director of the Financial Crisis Response Forum, Financial Markets Group
Job Description Summary The Federal Reserve Bank of Chicago is hiring for a newly created role, the Director of the Financial Crisis Response Forum. The Director will launch and implement the Forum, which will facilitate a range of policy and research initiatives related to financial crises. This is an outstanding opportunity for an experienced leader or expert from industry, academia or a regulatory environment to serve in a high-profile leadership role to bring together practitioner, research, and policy expertise in new and impactful ways for the policy community at large.
The Director will be part of the Financial Markets Group, which is focused on advancing financial policy and robust market practices to promote the stability of the U.S. financial system. As part of this multidisciplinary and collaborative team of professionals, the Director also will engage in broader policy research. The team is part of the Research, Policy, and Public Engagement function.
Key Responsibilities:
Provide strategic oversight to the development, launch, and ongoing activities of the Forum.
Develop and maintain extensive network of senior stakeholders that study or directly participate in financial crisis-related initiatives at various institutions around the world.
Lead external outreach efforts through regular webinars, workshops, and conferences.
Generate and oversee development of case studies and original research on financial crisis interventions that also supports the Bank’s mission and needs of the Federal Reserve.
Identify and advance internal policy efforts related to financial policy and financial stability.
Advise Reserve Bank President, other senior Bank leaders, and other policymakers on matters related to your area of expertise through written analysis and presentations.
Develop and maintain strong relationships with financial industry leaders.
Develop and maintain strong relationships with key internal and external stakeholders to advance Bank-level objectives.
Mentor and develop junior staff.
Contribute to a highly collegial and collaborative work environment.
Your background:
Advanced degree in finance, economics, business, law, public policy, or equivalent experience.
15+ years of experience as an industry participant, regulator, policy researcher, or academic scholar
Commitment to public service.
Demonstrated ability to produce high-quality research that can range from academic papers to policy papers and blogs.
Engages effectively with experts from a wide range of professional backgrounds, including industry experts, technology experts, economists, and public policy professionals.
Experience with public speaking.
What we offer:
The expected starting salary range for the Senior Policy Advisor and Director of the Financial Crisis Response Forum, Financial Markets Group position is between $308,700 and $365,100 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant’s relevant experience, skills, internal equity, and alignment with geographic and other market data.
The expected starting salary range for the Policy Advisor and Director of the Financial Crisis Response Forum, Financial Markets Group position is between $213,900 and $253,000 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant’s relevant experience, skills, internal equity, and alignment with geographic and other market data.
A continuous learning environment with opportunities to gain new skills and grow your career.
Requirements
Travel approximately up to 10%
This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.
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 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.
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.
The Federal Reserve Bank of Chicago supports a diverse and inclusive work environment where employees and stakeholders are respected, treated fairly, and given equal opportunities to perform to their fullest potential. By valuing diverse experiences, styles, approaches and ideas, we can achieve our goals, serve our stakeholders and become a higher-performing organization
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Economics/Research Family Group
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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