at Federal Reserve System in Chicago, Illinois, United States
Job Description
Company
Federal Reserve Bank of Chicago
The Federal Reserve Bank of Chicago’s Financial Markets Group is focused on advancing financial policy and robust market practices to promote the stability of the U.S. financial system. As part of a multidisciplinary and collaborative team of professionals, the Policy Advisor will conduct applied research on policy issues affecting financial markets. This is an outstanding opportunity for an experienced leader or expert from industry, academia or a regulatory environment to produce high quality, impactful work directly connected to the responsibilities of the Federal Reserve. We are part of the Research, Policy, and Public Engagement function.
Key Responsibilities
+ Generate high-quality, self-directed policy research that supports the Bank’s mission and supports the research needs of the Federal Reserve.
+ Identify and advance internal policy analysis to support Bank objectives 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.
+ 10+ 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.
Our benefits
+ Comprehensive benefits package include medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria.
Requirements
+ Travel approximately up to 10%
+ 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.
+ 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.
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
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.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday\Privacy\Notice.pdf)
OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States-one of the world’s most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.
Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful
We hope that you will be our future colleague.