The Director reports to the Bank’s President and Chief Executive Officer and is responsible for setting the department’s strategic direction. The Director is responsible for 140 employees, including over 30 economists. The Director will inspire and develop the Bank’s talented team to achieve desired results in a highly dynamic environment that integrates rigorous academic research and practical policy application. The Director will coordinate the department’s research and analysis to advise the President in her role as a member of the Federal Open Market Committee (FOMC). This advisory role extends to topics concerning monetary policy, bank and financial regulation, financial markets, the behavior of the national and regional economy, international economic affairs, financial issues, and other topics pertinent to the Federal Reserve.
The Director of Research contributes to the overall success of the Philadelphia Fed by serving as a member of its Executive Leadership Team (ELT). The ELT influences organizational direction, builds capacity and performance, and supports the overall mission of the Philadelphia Fed and Federal Reserve System. The Director of Research also represents the Bank on key Federal Reserve System committees, including the Economic Research Committee, and interacts and collaborates with colleagues at other Reserve Banks and the Board of Governors. In addition, the Director of Research regularly attends meetings of the Federal Open Market Committee.
To succeed in this role, the ideal candidate will have the vision necessary to advance the Bank’s policy mission and the department’s reputation for economic thought leadership. They will combine exceptional leadership skills with the proven ability to work across disciplines while identifying, motivating, and developing future department leaders. They will also engage positively and productively with Bank and System leaders, the academic community, and other interested stakeholders.
Learn more about the position. To apply, email FRBPhiladelphiaRD@spencerstuart.com.