Assistant Vice President - Financial Management at Federal Reserve Bank (FRB) in Dallas, Texas

Posted in Finance about 3 hours ago.

Type: Full-Time





Job Description:

Company

Federal Reserve Bank of Dallas

We are dedicated to serving the public by promoting a strong financial system and a healthy economy for all. These efforts take a team of dedicated individuals doing many different jobs. Together we’re creating a workplace where talented people can thrive, and we welcome your unique background and perspective to help present the best possible solutions for our partners.

Location: #LI-Hybrid

About the Role:

The Assistant Vice President in Financial Management will oversee multiple functions, including the Financial Planning & Analysis, Internal Controls over Financial Reporting, and Enterprise Risk Management teams. This role sets the strategic direction of these functions, evaluates and analyzes business performance, drives improvement opportunities, and ensures there is alignment to the vision and priorities of the organization. The AVP will build a culture of high performance and inspire a team of diverse and highly engaged “superb talent” through leading people practices. They will lead by example as a coach, identifying and growing organizational capabilities and the talent pipeline for the success of the Financial Management department today and in the future. This position requires in-depth knowledge of financial planning and analysis, internal controls over financial reporting, and enterprise risk management, as well as an

understanding of end-to-end financial management processes.

This role will ensure their leadership and the practices of their team sustain and enhance the Bank’s reputation as a trusted public and financial institution. They will establish and maintain effective relationships with external partners and internal stakeholders at all levels in the communities we serve, in the Bank and across the Federal Reserve System.

You Will:


  • Partner with the CFO and key business stakeholders to produce high quality annual budgets and monthly financial forecasts that align with the organization’s strategy and System guidance. This includes writing the annual Financial Plan.


  • Report timely, accurate, and reliable financial information to internal and external customers.


  • Monitor the Bank’s financial targets by comparing forecasts and plans to actual financial performance and provide variance analysis reporting to stakeholders.


  • Provide analytical reports and recommendations related to business operations for senior stakeholder considerations and provide operational decision support as needed.


  • Oversee the development of scorecards and reports for board meetings. Build financial models to assist CFO in managing the organization’s financial results.


  • Oversee the Bank’s enterprise risk management program and fraud prevention activities including partnering with all business areas to identify risks and monitor action plans.


  • Provide support, analysis on risks, and recommendations to the Bank’s Risk Management Committee.


  • Report on organizational risk events and identify and monitor emerging risks to the organization in alignment with the Bank’s risk appetite.


  • Partner with Procurement to perform risk assessments for necessary third-party vendors.


  • Ensure Sarbanes-Oxley internal controls testing is completed on behalf of management for all financial, IT, and entity-level controls. Communicate and document any control deficiencies and provide recommendations to business areas.


  • Conduct control walkthroughs with business areas to help determine appropriate controls over financial reporting.


  • Facilitate the assertion and reliance letter process with business areas and central service providers.


  • Partner with the Bank’s external auditor to provide responses to control and substantive requests, facilitate meetings with business areas, and review communications with Bank management.


  • Participation in financial diligence and analysis related to a wide range of transactions and strategic partnerships. Proactively facilitate and manage connections between Financial Management and the business areas. Gather feedback regarding services provided by Financial Management. Recommend specific, actionable items because of feedback received.


  • Provide briefings on budget performance, enterprise risk management and SOX internal controls activities to Senior Management, including the President and First Vice President, and the Budget Planning and Audit Committees of the Board of Directors.


You Have:


  • Bachelor’s degree in Finance, Economics, or Accounting


  • Graduate degree preferred


  • Five years of relevant FP&A experience, preferably in the financial services industry


  • Three years of relevant Enterprise Risk Management or SOX internal controls experience preferred


  • Five or more years of experience with managing and leading employees preferred


Our Benefits:

Our total rewards program offers benefits that are the best fit for you at every stage of your career:


  • Comprehensive healthcare options (Medical, Dental, and Vision)


  • 401K match, and a fully funded pension plan


  • Paid vacation, holidays, and volunteer hours; flexible work environment


  • Generously subsidized public transportation and free parking


  • Annual tuition reimbursement


  • Professional development programs, training and conferences


  • And more…


Notes:

This position may be filled at various levels based on candidate's qualifications as determined by the department.

Applicants must be eligible to work in the U.S and the role is not available for sponsorship.

This role allows for the employee to work in a hybrid manner with some work conducted onsite at the Federal Reserve Bank of Dallas work location and some work conducted remotely.  For this specific role, 2-3 days per week of work can be conducted remotely. Specific schedule details will be discussed during the recruitment process.

The Federal Reserve Bank of Dallas is proud to be an Equal Opportunity Employer that believes in the diversity of our people, ideas and experiences, and we are committed to building an inclusive culture that represents the communities we serve.

If you need assistance or an accommodation due to a disability, please notify your Talent Acquisition Consultant.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Executive

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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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