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Senior Vice President & Director, Real Time Data Research Center

External
rb logoRb · Philadelphia, PA
Part-timeOn-site1w ago
ForecastingLeadership
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Company Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia (the Philadelphia Fed) is one of 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., comprise the Federal Reserve System (System). Founded by Congress in 1913, the Federal Reserve System serves as the central bank of the United States. The Philadelphia Fed (3rd District) serves eastern and central Pennsylvania, southern New Jersey, and Delaware. Its mission is to formulate and implement monetary policy, supervise banks, bank holding companies, savings and loan holding companies, provide financial services to depository institutions and the federal government, and promote consumer protection and community development. The Philadelphia Fed's Research Department (Department) plays an important role within the System and has a long-standing reputation as a thought leader, innovator and influencer of monetary policy, informed by distinguished research, insights and analysis. The Department conducts research on a wide range of economic topics (macroeconomics, labor, finance, banking, and regional), produces analysis used in regional and national policy discussions, and conducts surveys to get timely pulse readings of the economy, including the Manufacturing Business Outlook Survey and the Survey of Professional Forecasters (which is the oldest quarterly survey of macroeconomic forecasts in the United States). It serves as a System leader in data analytics and governance and high‑performance computing. The Consumer Finance Institute (CFI), an innovative and unique cross-disciplinary team, sits within the Department portfolio and analyzes how people earn, spend, save, and invest, as well as how credit markets and payment systems affect the economy. Financial Statistics, which gathers and disseminates information from financial institutions, is also part of the Department portfolio. Job Description: The Real Time Data Research Center is a source of knowledge and expertise about real-time macroeconomic data, surveys of macroeconomic forecasts, and macroeconomic modeling. Housed within the Philadelphia Fed's Research Department, t he Center produces macroeconometric analyses and collects and maintains a variety of data sets of value to macroeconomists and monetary policymakers. Our mission is to be the global source of economic research around real-time data, macroeconomic forecast surveys, and macroeconomic modeling, providing valuable insights to be drawn from that research for monetary policymaking . Learn more about the purposes and functions of the Real Time Data Research Center here . T he Senior Vice President (SVP) & Director of the Real Time Data Research Center leads the Center's full portfolio of activities. This includes macroeconomic surveys, data collection, forecasting, workshops, and conferences. The SVP sets strategic vision, provides guidance and development to the Center's staff, ensures the integrity and visibility of its products, and strengthens partnerships with academic and central bank researchers . As a member of the Research Department's Leadership Team, the SVP will advance department initiatives and contribute to its positive culture . Running a division within the Research Department, the SVP is central to advancing the mission of the Center , providing strong leadership as well as developing its talent . To succeed in this role, the ideal candidate must demonstrate exceptional executive ‑ level leadership and possess a strong understanding of macroeconomic research, real ‑ time data, and advanced econometric techniques . They must be able to set and execute a vision for a complex portfolio of real time data, leveraging advanced models ; oversee high ‑ visibility macroeconomic surveys, and data collection efforts ; and ensure the accuracy, integrity, and relevance of the Center's economic products. Success requires strong analytical judgment, the ability to guide sophisticated data -gathering and analysis efforts , and the capacity to communicate insights clearly to senior leaders, policymakers and external stakeholders. The candidate must build effective relationships, collaborate with fellow leaders, promote the Center's work internally and externally, and provide thoughtful guidance and coaching to staff while managing evolving priorities and delivering results under tight deadlines. The salary range for this position is: $ 249 ,5 00 - $ 383,900 . Final salary and offer will be determined by the applicant's background, experience and skills, as well as internal equity and alignment with market data. K ey Responsibilities The scope of the role includes, but is not limited to: Strategic Leadership Advance the strategic vision and plan for the Real Time Data Research Center through collaboration within the Department and Bank. Maintain and evolve the Center's portfolio of products to continuously meet the mission of being a global source of data for economi


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