Vice President, Community Affairs

Federal Reserve Board

Vice President and Community Affairs Officer directing community development strategy and overseeing key partnerships affecting LMI communities. Focusing on economic participation and rural investment initiatives.

Posted 6/30/2026full-timeRichmond • Maryland, North Carolina, Virginia • 🇺🇸 United StatesLead💰 $222,600 - $306,130 per yearWebsite

About the role

Key responsibilities & impact

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

Requirements

What you’ll need

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

Benefits

Comp & perks

comprehensive benefits package
tuition assistance
generous paid time off
top-notch health care benefits
child and family care leave
professional development opportunities
401(k) match
pension

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Community Development FinanceSmall Business LendingWorkforce DevelopmentEconomic Mobility StrategiesStrategic Initiative Design

Soft Skills

Oral CommunicationWritten CommunicationPresentation SkillsCollaborationConsensus Building

Certifications

Bachelor’s Degree in Public PolicyMaster’s Degree Preferred