Strategic Business Project Manager at Federal Reserve Bank (FRB) in New York, New York

Job Description:

Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.  
 
The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance. 

What we do:

The Markets Group at the Federal Reserve Bank of New York is responsible for the implementation of monetary and foreign exchange policy, providing payments and custody services to foreign central banks, and auctioning and issuing Treasury debt as the fiscal agent for the U.S. Treasury.

The Markets Group Project Management Office (PMO) is a function created for the specific purpose of supporting the Group’s project/initiative development and management activities.  The mission of the PMO is to develop, implement, and maintain a consistent approach to validating, prioritizing, and managing projects/initiatives that are strategically important for the Group and the overall US financial system.

In alignment with an organizational shift to a more agile and product-driven delivery framework, the Markets PMO is seeking a senior associate to provide leadership to and coordination of current and planned initiatives across the Markets Group’s product portfolio.  This is an opportunity to serve in a unique role that values program and portfolio management, while utilizing working knowledge of both traditional project management and agile competencies on a variety of business/strategy projects and technology delivery initiatives, respectively.  To be successful in the position you need to have a deep understanding of multiple project methodologies, their supporting artifacts, have the ability to effectively engage and communicate with all levels at the Bank both technical and business, and drive the resolution of project issues/blockers.

Your role as Strategic Business Project Manager:

This a strategic business project management role. The role also requires a strategic and hands-on approach to program management and the ability to partner with various leadership levels to help them move forward with complex initiatives.

Principal duties consist of managing business/strategy initiatives including business process management, change/transformation, and strategy phases of large technology efforts through the following:

• Collaborate inclusively with different client workstyles across varying leadership levels to define non-technical project/program scope, identify business requirements and success criteria, and develop plans and other key artifacts.




• Facilitate and lead strategic initiative conversations with multiple stakeholders and business leaders, including managing the exchange of critical information and decisions with oversight groups.




• Manage project team performance to ensure projects are completed on time, within scope, and within budget. Proactively monitor progress, resolve issues, mitigate risks, and initiate and manage corrective action.




• Develop and share best practices and tools for project/program execution and management, and ensure initiatives adhere to applicable Bank standards.




• Assist with development and execution of strategic business reviews and related plans for initiatives, supported by clear and concise business-relevant communications.




• Assist in the design and facilitation of workshops and other client interactions to advance implementation of strategic initiatives.




• Assist with the negotiation of vendor contracts and services.

What we are looking for:  

• Exceptional track record of working in a management consulting, chief of staff, or strategic planning and non-technical project management role.




• Proven track record of managing highly conceptual initiatives such as business transformation, enterprise-wide resiliency, and large cross-functional and business-related projects.




• Strong background in developing and administering risk management plans.




• Strong knowledge of project/program management scheduling processes and tools (e.g. work breakdown structure, project plans, issue & risk management matrices, etc.).




• Strong experience with methodologies in one or more of the following disciplines: project management, business analysis, change management, or process improvement.




• Excellent track record of working on projects where influencing and facilitating engagement with individuals not under your direct authority was critical for success.




• Demonstrated ability to work in ambiguity and be flexible to anticipate needs and adjust to shifting priorities.




• Excellent written communication skills in developing and delivering tailored progress reports utilizing MS PowerPoint, and extensive experience working inclusively with different client workstyles across varying levels of leadership to keep an agenda moving forward.




• Proficient in MS PowerPoint, Word, Excel, Project, Visio, and SharePoint.

Salary Range: $175000 – $210000 / year  

We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.  

  

Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more.  

  

Benefits:  

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

• Fully paid Pension plan and 401k with Generous Match  

• Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)  

• Subsidized Public Transportation Program  

• Tuition Assistance Program   

• Onsite Fitness & Wellness Center  

• And more  

  

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.   

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.  

  

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service.  

  

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.   

  

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.  

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Project/Product Management Family Group

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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