Head of Government & Industry Relations 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’s flexible work model supports balancing the demands of work and life, while prioritizing the value of connecting and collaborating with our colleagues in person. Employees are expected to live within a commutable distance of their primary work location to support team collaboration.

What we do:    

At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this as part of the Federal Reserve System by executing monetary policy, providing financial services, supervising banks and providing thought leadership on economic issues that impact the nation and communities we serve.  

 

Your role as Head of Government & Industry Relations:  

The Bank’s Head of Government & Industry Relations plays a critical part in ensuring that the institution’s roles and activities are well understood by members of Congress on a non-partisan basis. This individual is responsible for: 

• Developing and implementing the Bank's government and industry relations strategy, serving as the senior liaison for Congressional Members and their staffs.  

• Building and fostering relationships with Congress, including but not limited to relevant banking, economic and finance committees and subcommittees, and other key local and national policymakers. 

• Facilitating the flow of information – reactively and proactively – between Members and their staffs and the New York Fed. 

• Responding to requests for information from the Hill, coordinating internally to ensure timely and effective responses. 

• Tracking legislative and policy trends that are relevant to the Fed’s mission and business lines, helping the Bank’s leadership understand those trends and priorities and counseling the Bank’s CEO and President. 

• Coordinating meetings between Members and Bank leaders, including the President and CEO as appropriate. 

• Establishing relationships and understanding the priorities of key finance, banking and other relevant industry associations. 

• Working collaboratively with the Board of Governors and the other Reserve Banks that make up the Federal Reserve Systems. 

 

This role reports directly to the Head of Communications and Outreach at the New York Fed. It is supported directly by a Director of Government and Industry Affairs and has access to additional administrative and research support. 

 

What we are looking for:  

We are looking for a senior government relations leader with a proven track record of fostering productive relationships, understanding legislative trends and priorities, and providing sound counsel and direction. Specifically, we are looking for 

• Experience leading government relations portfolio, developing government relations strategies and representing organizations as a senior government affairs liaison.   

• Established relationships with relevant member of Congress and/or key Hill staff. 

• A basic understanding of the Federal Reserve and its unique responsibilities and role in the U.S. economy and a willingness to delve deeply into the same. 

• Ability to partner and collaborate internally with subject matter experts across the New York Fed’s portfolio to ensure the effective flow of information and provide effective counsel. 

• Strong interpersonal skills with the ability to influence others. 

• Strategic thinking and problem-solving skills to address complex issues. 

 

Salary Range: $250000 - $300000 / 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   

   

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.   

 

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. 

 

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Communications/Public Relations 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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