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Federal Reserve Bank Position Management Business Finance Partner in New York, New York

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 Corporate Group is dedicated to being a trusted, strategic business partner to clients Bank wide. The Group delivers a broad range of innovative, impactful solutions that foster the Bank's ability to meet its mission. The Corporate Group is aligned across its functions to provide superior services and value-added resource and financial management that seamlessly support our clients' and the Bank's objectives. As part of the Corporate Group, the Business and Finance Partners' (BFP) primary objective is to partner with teams across the Bank to support their strategic and financial management requirements.

Reporting to the Business and Finance Partner Director, you will be the central point of contact responsible for developing a program to support the Bank’s Position Management Process, develop insightful staffing monitoring analytics and reporting as well as interfacing with internal and external stakeholders. You will closely partner with People & Engagement to communicate fact-based observations and provide independent analysis to drive and influence strategic decision making. You will be responsible for owning the end-to-end staffing monitoring process, introduce and maintain a strong internal control environment, and develop and lead stakeholder training. This role requires analytical and transactional skills as well as ability to provide consultative guidance to an array of stakeholders across the Bank and the Federal Reserve System.

Your role as Position Management Business Finance Partner:

This role will require you to become a subject matter expert as it relates to this initiative including leading the collaboration with multiple stakeholders within the Business Finance Partners, People & Engagement, the Bank, and across the Federal Reserve System. We are looking for someone with strong strategic, analytical, and business acumen skills, with the ability to pivot from tactical planning to the big picture focus. You will be a champion of collaboration within a matrixed organization, and value diversity, equity, and inclusion. You will look for on-going process improvement and challenge the status quo.

  • Act as a trusted partner to all related constituents and provide advisory services and support.

  • Develop analyses and support forming of recommendations for decision making by the Bank's senior leadership to allocate resources, prioritize investments, and identify trade-offs.

  • Author clear, concise executive level analytics and impactful presentations.

  • Be an active contributor to the Bank and System-wide meetings, task forces, workgroups, etc., pertaining to relevant issues, including conducting research, providing information, and preparing formal reports and recommendations for multiple levels of audiences.

  • Identify, recommend, and implement operational improvements and business process re-engineering to enhance team’s performance, manage risk, and benchmark to industry best practices.

What we are looking for:

  • Capable of critically evaluating data to derive meaningful, actionable insights.

  • Demonstrated ability to think strategically, forecast, and plan effectively.

  • Strong communication and storytelling abilities, with the capacity to convey complex data insights to diverse audiences in a clear and compelling manner.

  • Strong relationship management skills and ability to lead engagement across multiple stakeholders.

  • Ability to work independently with minimal management direction and oversight.

  • Ability to adapt to leadership styles and communicate clearly and confidently across multiple levels of the organization.

  • Proficient in working with different systems to retrieve, synthesize, and analyze data.

  • Working knowledge of Workday and Workday Adaptive is preferred.

  • Knowledge and application of applying control procedures.

Salary Range: $160000 - $200000 / 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. (https://www.newyorkfed.org/careers/touchstone-behaviors)  

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 (https://www.newyorkfed.org/careers/benefits_health.html)  

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. (https://www.newyorkfed.org/aboutthefed/ethics-conflicts-of-interest)  

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.

Be aware of potentially fake online job postings that claim to be from the Federal Reserve. Always verify and apply to jobs on the Federal Reserve System Careers webpage (https://rb.wd5.myworkdayjobs.com/FRS) .

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Accounting/Finance 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.

Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)

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