Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.

What we do:

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems. It is a challenge that demands the skills of a financial service professional and the intelligence an academicall combined with a passion for public service.

The Community Development strategy at the New York Fed is to elevate groundbreaking ideas or approaches to target the drivers of, or barriers to, economic mobility for low- and moderate-income people, especially those facing poverty and/ or structural disparities related to race or ethnicity and to educate, influence, and catalyze capital providers to invest in creating more opportunities for those groups.

Your role as Community Development Associate:

• Contribute to thought leadership and support strategies and analysis in the field of community development/anti-poverty policy and practice.

• Manage portfolio of community development projects focused on health equity and climate adaptation.

• Help develop relationships with collaborators to enhance cooperation (e.g. regulated banks, researchers, finance experts, nonprofits, government agencies, community development entities, health care practitioners, foundations, and international organizations) using tools like CRM.

• Work with cross-sector partnersinside and outside the bankto host high profile conferences and meetings.

• Develop and execute events and high-level meetings.

• Contribute to analysis and writing including blogs, infographics, and short articles.

• Help develop upstream solutions to address the social determinants of health.

• Develop guidance on outreach and/or research priorities and provide feedback and intelligence to the bank president and other senior staff.

• Help develop upstream solutions to address the social determinants of health.

• Communicate with this audience and stakeholders through social media, traditional media, and our website.

• Utilize data and data visualization to understand economic conditions in low.

What we are looking for:

• Experience and working knowledge in urban planning, public health, public administration, public policy, education, business, economics, or related field

• Strong experience in roles that demonstrates an interest in and commitment to the community development field and the problems facing low-income communities and communities of color

• Experience collaborating with and facilitating cooperation among a wide range of partners and influencing/educating on community development topics

• Project management capabilities

• Background applying economic theory and statistical techniques to analyze community development issues helpful

• Ability to use data for creating narratives, presentations, and storytelling

• Committed to an environment of innovation, ambiguity, and challenging assumptions

• Ability to work in an office environment after the work from home mandate is lifted and travel up to 20% when it becomes safe to do so

Touchstone Behaviors set clear expectations for leading with impact at every stage of our careers and aspire to achieve in our continued growth and development.
Communicate Authentically: Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank's work forward.
Collaborate Inclusively: Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results.
Drive Progress: Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and uncertainty to drive outcomes.
Develop Others: Equitably champion, mentor, and develop others to grow professionally. Demonstrate vulnerability and empathy to create a trusted environment.
Take Ownership: Establish an environment of action and excellence by holding self and others accountable to execute to the highest standard.

Benefits:

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

• Fully paid Pension plan and 401k with Generous Match

• Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)

• Subsidized Public Transportation Program

• Tuition Assistance Program

• Onsite Fitness & Wellness Center

• And more

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

The successful candidate 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 exemption based on a medical condition or sincerely held religious belief.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Communications/Public Relations

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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