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Vice President and Community Affairs Officer

Federal Reserve Bank of Richmond -
Richmond, VA

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Job Details

Full-time
$222,600 - $306,130 a year
10 days ago

Benefits

Health insurance
Tuition reimbursement
Paid time off
Family leave
401(k) matching

Qualifications

Stakeholder engagement
Presentations for conferences or internal meetings
Bachelor's degree
Senior leadership

Full Job Description

Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a work environment where you can truly find balance.

About the Opportunity

The Research department seeks a Vice President (VP) and Community Affairs Officer (CAO) for Community Development. Reporting to the Group Vice President for Regional Economics, the VP/CAO provides strategic leadership and direction for the Community Development function, leading a collaborative team of professionals focused on surfacing insights, identifying challenges and opportunities affecting economic participation, and evaluating and elevating solutions that support low- and moderate-income (LMI) communities across the Fifth District, with a particular focus on small towns and rural areas.

The VP/CAO oversees two specialized teams within Community Development: one focused on capital pathways and another focused on workforce pathways. Both teams work collaboratively with researchers and analytical staff to understand the dynamics of the region, advance projects such as the national Community Development Financial Institutions (CDFI) Survey, and other initiatives that inform community development practice and policy.

A signature responsibility of this role is oversight of the Rural Investment Collaborative, a multi-year initiative that brings together stakeholders across sectors to increase the flow of investment capital to rural businesses and communities in the Fifth District.

Job Description

Lead the development and execution of community development strategy for the Bank and contribute to community development strategy at the System level
Oversee the Community Development team engaged in developing and sustaining key community relationships, partnerships and programs with organizations focused on the LMI communities across the Fifth District, and with organizations engaged in the economic vitality of small towns and rural areas
Lead the Rural Investment Collaborative's convening and partnership activities, bringing together diverse stakeholders to address barriers to rural investment and entrepreneurship.
Serve as a key internal connector—ensuring that the community development perspective is integrated into research, external engagement, government relations, and communications, and is a helpful input into policy and research products and processes
Lead and organize staff efforts to sense priority issues and emerging trends affecting LMI communities, through proactive and intentional engagement with key stakeholders; contribute to and guide synthesis of the most salient issues facing LMI communities and develop understanding of the implications of policies that are designed to address these issues
Identify and recruit advisory council members and serve as a primary point of contact with the members for the Bank; participate in the Bank’s cross-functional advisory council and Board of Director planning
Support team planning for Bank/President regional and community visits, and other events as required
Actively engage in, and lead, Federal Reserve System committees and initiatives, serving on the System's CAO subcommittee, to both learn from other Reserve Banks as well as ensure that the expertise and perspectives of the Richmond Fed's district are represented
Serve as the main point of contact with the Federal Reserve Board of Governors Division of Community and Consumer Affairs on matters related to LMI communities and the Community Reinvestment Act

Qualifications:

At least ten years of high-level leadership experience in developing and managing community development strategies for high-profiled, multifaceted, and multi-divisional organizations
Strong networking skills and deep relationships within the business, non-profit, public policy, and philanthropic sectors; established relationships with small town/rural-focused organizations is a plus
Proven ability to design and lead strategic initiatives in partnership with cross-functional teams and to set strategy, vision, and goals, and to drive team accountability and results
Strong understanding of capital pathways and workforce development ecosystems, including community development finance, small business lending, workforce training systems, and economic mobility strategies.
Proven success in leading people, managing multidisciplinary teams, and overseeing complex projects or initiatives with multiple stakeholders and timelines.
Strong interest in and experience developing initiatives to address challenges and opportunities in small towns and rural/small areas
Record of success in establishing and overseeing high-impact community programs that align with organizational mission and goals with proven ability to implement innovative solutions
Demonstrated track record of strong oral, written and presentation skills to engage broad audiences (executive, researchers, and grassroots) and achieve desired outcomes
Ability to clearly synthesize information and articulate points of view, and the ability to engage, challenge, and influence others’ thinking to sharpen insights and inform thinking throughout an organization
Demonstrated experience in an environment with a culture of collaboration and consensus driven decision-making
Bachelor’s degree in public policy, economics, or a related field required; Master’s degree is preferred

Discover the Reason Why So Many People Love It Here!

When you join the Richmond Fed, not only will you find a challenging and purposeful career, you’ll also have access to a wide range of benefits and perks that support your health and wealth, including:

Great medical benefits
Pension and 401(k) with employer match
Paid time off
Tuition reimbursement
Paid volunteer leave
Onsite amenities that make working here fun!

Other Requirements and Considerations:

Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict-of-interest rules and personal investment restrictions.
If you need assistance or an accommodation due to a disability, please notify [email protected].
Sponsorship is not available for this role. Selected candidate is subject to special background check procedures.
The hiring range of the Vice President (VP) and Community Affairs Officer (CAO) for Community Development is $222,600 - $306,130 annually.
Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.
Applications are reviewed on a rolling basis.
Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Work Shift

First (United States of America)

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.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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Refine Your Search

Program Vice President jobs

Vice President and Community Affairs Officer

Vice President, Magnolia House Women's Shelter

Vice President, Care Coordination & Care Management

Vice President of Engineering

President - Notre Dame High School, Inc.

Assistant Vice President of Planning and Deve

Special Agent, Counter Assault Team, $75,000 Recruitment Incentive

Dental Director

Vice President of Nutrition Services

Physician

Assistant Vice President, Wealth Management (5-7 years of experience required)

Director of Credit

Director of Accounting

Senior Major Gift Officer, and Director of Alumni Relations

Revenue Cycle Client Manager, Network Operations-FQHC, 5+ Years of experience

Physician

Job Posting Title Annually Contracted Faculty - Respiratory Care

Senior Director of Education

Associate Director of Advancement Operations and Annual Fund

Student Accounts Specialist

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