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Community Development Senior Advisor

Job in Cleveland, Cuyahoga County, Ohio, 44101, USA
Listing for: Federal Reserve Bank of New York
Full Time position
Listed on 2026-06-27
Job specializations:
  • Business
    Regulatory Compliance Specialist, Business Administration
Salary/Wage Range or Industry Benchmark: 137000 - 171300 USD Yearly USD 137000.00 171300.00 YEAR
Job Description & How to Apply Below

Overview

The Federal Reserve Bank of Cleveland is part of the Federal Reserve System, representing the Fourth District. The Community Development Senior leads strategic planning, research, and outreach to address low‑to‑moderate‑income (LMI) issues across Cleveland, Columbus, Cincinnati, and Pittsburgh.

Responsibilities
  • Strategically plan and coordinate research and outreach activities for community development (CD) focuses, including housing, human capital, small business, or community development finance.
  • Lead project management: define project specifications, identify resources, organize teams, track progress, prepare status reports, manage deadlines, and measure outcomes.
  • Conduct primary and secondary data collection, analysis, synthesis, and case studies; produce specialized research papers, articles, and reports for Bank and System publications.
  • Develop and deliver professional presentations to internal and external stakeholders, including Bank leadership, economists, and System counterparts.
  • Coordinate dissemination of results to prioritize implementation of complementary activities (e.g., forums, convenings) using in‑person and technology‑based approaches.
  • Maintain relationships with federal, state, and local agencies, think‑tanks, universities, nonprofits, government agencies, foundations, and other partners to support CD initiatives.
  • Serve on relevant task forces, project committees, and work groups, preparing written summaries of proceedings and participating in substantive collaborative projects.
  • Act as an independent knowledge broker and contribute to CD department publications, recruiting outside contributors when needed.
  • Support the Federal Reserve Bank’s (FRB) FOMC and related discussions on CD topics and provide expert advice to leadership and other departments.
Qualifications
  • Bachelor’s degree with a minimum of 10 years of related experience, or Master’s degree with a minimum of 7 years, or PhD with a minimum of 5 years of related experience.
  • Expertise in Community and Economic Development with a focus on a CD specialization (housing/neighborhood stabilization, human capital, small business, or community development finance).
  • Advanced planning and project‑management skills.
  • Excellent written communication and presentation skills.
  • Proficiency in descriptive statistics and the Microsoft Office Suite.

Salary: The expected starting salary range for the Community Development Senior is $137,000 to $171,300 annually.

Benefits: The Cleveland Fed offers a comprehensive benefits package that supports overall health and financial security. Learn more about our benefits at https://(Use the "Apply for this Job" box below)..

Physical Demands and General Working Conditions

This position requires extensive travel and participation in meetings, evaluations, and community engagement events. The work environment is a typical office setting with some on‑site fieldwork.

Reasonable Accommodation

The Federal Reserve Bank of Cleveland is committed to ensuring that individuals with disabilities are provided with reasonable accommodations throughout the application and interview process and while performing job functions. To request accommodation, please email clev.
4d.benefits.specialist.org.

Bank’s Ethics Rules and Drug Testing

Employees must comply with the Bank’s ethics rules that prohibit ownership of certain financial interests and will undergo a background check and controlled‑substance test as a condition of employment.

Equal Employment Opportunity

The Federal Reserve Banks are committed to equal employment opportunity and an environment where employees are valued for their differences.

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Position Requirements
10+ Years work experience
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