Project Director-Risk and Compliance at Federal Reserve Bank (FRB)

Posted in Management 11 days ago.

Type: Full-Time
Location: Minneapolis, Minnesota





Job Description:

Company

Federal Reserve Bank of Minneapolis

The Federal Reserve Bank of Minneapolis (The Bank) is seeking an experienced project director to work across multiple divisions and departments. In this role, you will lead The Bank and System task forces and work groups and assume leadership role in special projects and programs of significant business impact.

The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person. Onsite work is an essential function of this position, and you are expected to be in the office 3 days per week for meetings and team collaboration. This position will report to the Senior Vice President of Risk and Compliance.

This position is expected to follow and support the 9th District’s core values: Service, Integrity, Inclusion, Initiative, Accountability, Objectivity.

Essential Functions 


  • Oversee all aspects of large-scale highly complex Bank and FRS projects or initiatives.  


  • Analyze and evaluate the business needs; assesses the risks involved, expected benefits, and recommends technical, procedural, and/or policy solutions. 


  • Lead Bank and System task forces and work groups and assume leadership role in special projects and programs of significant business impact. 


  • Direct, in varying capacities, the efforts of project teams, official and/or senior staff to identify, evaluate, recommend, develop, test, train new policies, procedures, automation systems and/or products.  


  • May also lead projects that require definition through deployment, identifying schedules, scopes, budget estimations, and implementation plans, including risk mitigation and recommend solution.  


  • Coordinate and plan the development of Corrective Action Plans: categorizing issues based on their impact to the business/function to manage remediation efforts. 


  • Oversee and ensure timely and complete issue remediation. 


  • Plan and prioritize objectives, initiatives, and resources; budget and monitor financial and operational performance.  


  • Make recommendations and decisions regarding policies, standards, staffing, systems, and equipment. 


  • Prepare reports, proposals, strategic plans, and other documentation for senior management review in support of proposed solutions and recommendations. 


  • Establish and maintain relationships with stakeholders, providing project status and changes. 


  • Manage communications, facilitate meetings and conference calls, and coordinate work activities. 


  • Maintain a high level of knowledge of technical, operational, and/or policy issues relating to the industry and provides a high-level of application and/or operational expertise. 


  • May recommend training needs to develop team members as needed. 


 

Qualifications:


  • Bachelor's degree and six (6) years of relevant work experience. Project Management experience leading large-scale projects across one or more divisions required. OR Master's degree and four (4) years of relevant work experience. Project Management experience leading large-scale projects across one or more divisions required.   


  • Experience with internal controls testing/remediation, compliance, and risk management is required. 


 

Additional Information:

Salary Range: $104,000 - $130,013 - $156,000

Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity. 

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)


  • 401(k) match, and a fully funded pension plan


  • Paid time off and holidays


  • Free public transportation passes


  • Annual educational assistance


  • On-site fitness facility


  • Professional development programs, training and conferences


  • And more…


The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued. We believe that we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists, we work together to represent you in our economy.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Accounting/Finance

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.

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