Community Development Senior Advisor

Federal Reserve Bank of Cleveland – Overview The Federal Reserve Bank of Cleveland’s mission is to foster the stability, integrity, and efficiency of the nation’s monetary, financial, and payment systems while representing the Fourth District perspectives. As part of the nation’s central bank, we are a team of mission‑driven professionals committed to serving with excellence. Our core values are: Build Trust Every Day, Own Our Actions, Collaborate with Intention, and Be Open to Change. Location Cleveland, OH; Columbus, OH; Cincinnati, OH; or Pittsburgh, PA Essential Accountabilities Lead the work of a Community Development (CD) focus by strategically planning and coordinating related research and outreach/engagement activities to address low‑to‑moderate income (LMI) issues. Carry out project‑management activities, including defining project specifications, identifying resources, organizing teams, ensuring alignment with bank and CD strategic plans, prioritizing work, assigning tasks, tracking progress, preparing status reports, managing deadlines, and measuring outcomes. Track core data indicators, policies, and regulations for the District and nation on CD topics. Participate and provide leadership on Federal Reserve System (FRS) initiatives and work groups. Execute research and outreach/engagement projects on a select CD focus to assess LMI needs and issues within the District; conduct primary and secondary data gathering, analysis/synthesis, and case studies, and inform stakeholders and leadership through written and oral presentations. Coordinate dissemination and use of results to prioritize complementary activities (e.g., forums and convenings) throughout the District using in‑person and technology‑based approaches. Foster regular communications, high‑level relationships, and effective collaboration among district and national practice, policy, research experts/leaders from think tanks, universities, nonprofits, government agencies, foundations, trade associations, financial institutions, and other related organizations on the selected CD focus, serving as a critical knowledge broker. Serve on local/regional task forces/project committees that align with district and FRS CD interests; prepare written summaries of workshop or conference proceedings. Participate in substantive, hands‑on collaborative CD projects in the District and document/publish processes for potential duplication elsewhere in the District or country. Conduct independent applied research and produce highly specialized and original data reports for the CD department’s website, blogs, discussion papers, other printed materials, and external sources on CD issues. Serve as a contributing editor for the CD department’s publications and help recruit outside contributors to address critical topical issues for the District and nation. Participate in FRBC, FOMC, and other bank discussions related to select CD topics; prepare and deliver sophisticated presentations on CD topics to internal and external stakeholders; support the preparation of responses to outside inquiries and provide expert advice to bank and system leadership as needed. Education and Experience Bachelor’s degree with a minimum of 10 years of related work experience, or Master’s degree with a minimum of 7 years of related work experience, or PhD with a minimum of 5 years of related work experience. Knowledge Areas – Expert Level Community and economic development CD Specialization (housing/neighborhood stabilization, human capital, small business, or community development finance) Skill Areas – Expert Level Planning and project management Written communications/presentation skills Descriptive statistics Microsoft Office Suite Salary and Benefits The expected starting salary range for the Community Development Senior is between $137,000 and $171,300 annually. Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and market data. The Cleveland Fed offers benefits to support overall health and financial security. Learn more about our benefits here: Physical Demands and General Working Conditions This is not necessarily an exhaustive list of all responsibilities, duties, standards, or requirements; the Federal Reserve Bank of Cleveland reserves the right to revise this or any job description at any time. Reasonable Accommodation Statement The Federal Reserve Bank of Cleveland is committed to ensuring that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. To request an accommodation, please email View email address on click.appcast.io. Bank’s Ethics Rules and Drug Testing As a condition of employment, employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning or controlling, directly or indirectly, any debt or equity interest in a depository institution or its affiliate. Additionally, employees and their families must not own shares of certain mutual funds or ETFs that concentrate on the financial services industry. Candidates must also undergo a background check and a controlled‑substance test, including testing for marijuana, before hire and during certain safety‑sensitive positions. Mandatory Statements 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. #J-18808-Ljbffr Federal Reserve Bank of Cleveland