Senior Vice President & Director, Real Time Data Research Center

Federal Reserve System•Philadelphia, PA

67d•$249,500 - $383,900•Onsite

About The Position

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, the 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. The 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.

Requirements

PhD in economics, finance, or related field.
Minimum of 10 years of demonstrated experience within the field of economics, finance or related fields, including strong track record of publishing in leading journals.
Demonstrated people and project leadership.
Strong analytical and critical thinking, including ability to assimilate complex information, understand complex topics, and integrate data with policy concepts.
Demonstrated expertise in advanced quantitative economic/financial methods.
Experience in developing high-performing teams, with an emphasis on coaching and mentorship.
Exceptional interpersonal skills including written and verbal communication skills.
Strong organizational skills to manage evolving priorities and tight deadlines.
Maintain a full-time onsite presence at the Philadelphia Fed.
Willingness to travel as needed.
Hold investments for at least 45 days.
Refrain from trading during FOMC blackout periods or periods of financial market stress.
Disclose financial transactions.
Provide work authorization to prove eligibility to work in the United States.

Nice To Haves

The ROLE is subject to Sections III and IV of the Federal Reserve Board’s Investment and Trading Policy for FOMC Officials.
Specifically, the ROLE should not hold derivatives tied to short-term interest rates; own or control, directly or indirectly, any debt or equity interest in a primary government securities dealer or any of its affiliate; or place bets on FOMC actions.
These restrictions also apply to the ROLE’s spouse and dependent children.
In addition, the Bank’s Code of Conduct prohibits outside activities that conflict with official duties (e.g., serving as a director of a public company) and certain partisan political activities.

Responsibilities

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 economic research.
Oversee macroeconomic surveys, real‑time‑data collection, and forecasting activities, ensuring alignment with the mission and needs of stakeholders.
Ensure the quality, integrity, and visibility of the Center’s products.
Provide strategic guidance to the Center’s management team, evaluate performance, set expectations, cascade information, and ensure clarity around objectives.
Serve as a coach and mentor, for the Center’s staff as well as the Research Department.
Coordinate Center activities with other sections of the Research Department and the Bank.
Ensure the Center’s products reach a variety of audiences, including through outreach to academia.
Oversee the content of regular publications produced by the Center, ensuring they are relevant and of high quality.
Promote the resources from the Center to relevant stakeholders and incorporate applicable feedback on products and enhancements.