President - Federal Reserve Bank (FRB) : Job Details

Company Federal Reserve Bank of Richmond When you join the Federal Reservethe nation's central bankyou'll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we're building a dynamic and diverse team for our future. Bring your passion and expertise, and we'll provide the opportunities that will challenge you and propel your growthalong with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance. About the Opportunity Due to the expanding cybersecurity and technology risk environment and the need to maintain a rapid pace for policy development and continued optimization and alignment with external entities for our FRS businesses, the FRS needs an AVP leader of Enterprise Policy and Assurance who will provide strategic direction for the on-going development and incorporation of information security (IS) and information technology (IT) policy into evolving business and operational models. This leader will also need to be able to inspire teams and leaders at varying levels to continuously partner for the improvement of our security and IT policy lifecycle with the appropriate amount of risk and assurance tolerances in addition to a compliance focus. The on-going work to transform and improve existing IT and security policy frameworks within the current operational model will also fall under the direct leadership of this leader - this includes the transition to SAFR Rev5, directing the policy updates needed to complete SAFR-T, and optimizing the SAFR lifecycle for AGILE and efficiency benefits. This role will report directly to the Group Vice President and has a preference to be based in Richmond, VA. What You Will Do Provide oversight and direction to sustain a timely and relevant Information Technology & Information Security policy roadmap - including the process to identify emerging needs and gaps and iterate on existing policies as environmental contexts change. Provide strategic direction and programmatic oversight to evolve the IT and IS risk management framework to align with business operational models (e.g. DevSecOps). Build partnerships across both the IS and IT communities to enable appropriate input and feedback loops for IT and IS policy development. Provide clarity and guidance to IT and IS policy owners around their responsibilities and evolving management needs. Build out sustainable processes and guidelines to navigate and support the SAFR lifecycle as needed Enable and empower the IT and security communities to balance risk and compliance effectively through guidance discussions and documents. Guide the development of persona-based communication plans and channels so that IT and IS policy evolution and guidance is well understood across cybersecurity, IT operations and application development arenas. Provide on-going programmatic direction and strategy for the evolution and transition of the FRS risk management framework. For example: the SAFR catalog transition from Rev 4 to Rev 5, and the accompanying support and communication to enable the transition and translation with our partners at Treasury and the BoG. Effectively navigate and achieve results in a federated, multi-location, multi-divisional organizational structure. Empower and lead a diverse set of technical, cybersecurity and operational experts through a hybrid of matrixed and direct reporting relationships. Build a pipeline of experts and leaders that will continue to inspire, evolve and continuously improve upon our policy frameworks and risk posture. Qualifications: Bachelor's degree in applicable discipline or equivalent experience. Minimum of 5 years strategic leadership and management experience, with an established record of achievement within a highly collaborative and matrix-style management structure (National IT, application development teams, lines of business and Reserve Banks). Experience in information security, regulatory frameworks, risk management, and/or audit functions. Demonstrated leadership ability with a proven record of successfully driving significant change. Ability to lead, develop, and reward a team of resources through a period of dynamic change and uncertain conditions. Exceptional problem-solving skills, willingness to take ownership of issues and drive for resolution. Proven record of applying judgment in creating and sustaining a sense of urgency in anticipating and/or preventing impacts to business operation. Knowledge of delivery models for application development practices to our policy and risk frameworks are achievable for development delivery teams. Ability to envision, build and mature a comprehensive (IT & IS) enterprise policy function and team for the future. An ability to cultivate a high performing team through selection, training and retention, and motivate management and staff to work collaboratively. Exceptional interpersonal skills in the creation and maintenance of lasting partnerships within a diverse workforce, including executives, and across interagency partners such as the Board of Governors and Treasury. Flexible and resilient leadership style that can shift quickly to new priorities and delivery of outcomes based on business needs. Persuasive and compelling communication and presentation skills; ability to explain policy and risk issues to a wide audience. Demonstrates mutual respect, embraces diversity and acts with authenticity. Discover the Reason Why So Many People Love It Here! When you join the Richmond Fed, not only will you find a challenging and purposeful career, you will also have access to a wide range of benefits and perks that support your health and wealth, including: Great medical benefits Pension and 401(k) with employer match Paid time off Tuition reimbursement Employee resource networks Paid volunteer leave Flexible work options Onsite amenities that make working here fun! Other Requirements and Considerations: Candidates should review the Bank's Employee Code of Conduct to ensure compliance with conflict-of-interest rules and personal investment restrictions. If you need assistance or an accommodation due to a disability, please notify [email protected]. Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.). Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship. The hiring range for this Assistant Vice President role is $220,000 to $273,000 For candidates outside Richmond, VA, listed hiring and salary ranges may be adjusted based on your geographic location. Salary offered will be based on the job responsibilities and the individual's knowledge, skills, and experience as defined in the job qualifications. Applications are reviewed on a rolling basis. Interested candidates are strongly encouraged to apply by November 19, 2024. Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels. Full Time / Part Time Full time Regular / Temporary Regular Job Exempt (Yes / No) Yes Job Category 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 ( ) or through verified Federal Reserve Bank social media channels. Privacy Notice