When you join the Federal Reserve—the nation's central bank—you’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 growth—along 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
The Product Manager is accountable for the end-to-end lifecycle of one or more digital products to maximize business results that will position the technology solutions of the Federal Reserve. Translates test customer needs in a way that uncovers key problems that can be solved by their product. Establishes the product vision and strategy to solve customer problems and meet organizational goals. Sets the goals, defines success, help motivate teams, and is responsible for the outcomes. Drives product vision to reality. This role does not have direct reports.
What You Will Do:
Responsible for providing guidance and advanced-level matrixed leadership to test product team staff.
Establishes strategic test product roadmaps and long-term vision that support the business goals and deliver value to customers.
Articulates core value proposition of the overall solution, identifying individual feature benefits to support value proposition fulfillment.
Represents product value proposition and business viability to inform and influences senior-level support for fulfilling test product vision. Ensures delivery of quality product(s) and monitors the market to develop competitive analyses.
Demonstrates advanced expertise in market problems addressed by assigned test product set, effectively representing the voice of the customer from product vision through product roadmap. Responsible for the creative process of generating, developing, and curating new ideas.
Together with the Product Owners, works with cross-functional test squads through the product lifecycle, including launch through retirement. Collaborates with marketing, architecture and UX experts to design and implement various product adoption strategies for new and existing customers, ensuring all channels of test product engagement from design through market adoption are equipped and enabled to maximize product success.
Creates alignment across larger teams to empower independent decision making.
Builds and maintains key relationships to allow for effective ongoing communication with NIT management and business areas to integrate test products, services, and process improvements into business areas’ strategic objectives and operations.
Executes product leadership responsibilities to effectively identify potential cost-saving opportunities, resolve resource constraints, and support business activities through ensuring objectives, goals and client needs are met.
Qualifications:
Knowledge: Advanced knowledge pertaining to concepts and principles in functional area, including Product Management disciplines and Agile methodologies.
Advanced ability to translate the needs of the business into value the test product should deliver. General knowledge of department/ business lines, Reserve Banks, and / or System operations, policies, procedures, and technologies. Also, high-level knowledge of Testing Products, QA Practices and Industry Standard Testing Products.
Technical Knowledge: Cloud based technologies like AWS and/or Azure. Cloud Delivery and Pipeline tools like Terraform, GitLab, and Ansible. Understanding of DevOps.
Communications: Excellent organizational and communication skills, creativity, attention to detail (compliance), and negotiation skills to interpret results, develop communications and recommend improvements. Able to present information within all settings in a credible, confident, and influential manner. Communicates in a concise, direct, and purposeful way. Excellent customer service skills and demonstrated ability to interact with anticipated audiences in a courteous, service-oriented manner.
·Decision Making: Works independently on broad assignments or under general directions as to test scope or objectives. Makes decisions within established or widely accepted standards. Achieves assigned/planned results by decisions and actions based on professional methods, training, business principles, and practical experience.
Discover the Reason Why So Many People Love It Here!
When you join Federal Reserve’s National IT organization, not only will you find a challenging and purposeful career, you’ll 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 rich.recruitment@rich.frb.org.
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.).
Key Point Mod: 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 or three or more years of Permanent Resident (Green Card) status.
The hiring range is $101,300 – $139,260 annually.
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 May 3, 2024.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Other
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.
