Head of Strategy and Product Advancement/Chief Product Owner 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 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.

Your role as Head of Strategy and Product Advancement/Chief Product Owner:

The Operations and Resiliency Group (O&R) operates and oversees the provision of financial accounts and services for the Federal Reserve Bank of New York, including the distribution of currency for the Second district as well as gold safekeeping operations on behalf of the Federal Reserve System, and provides critical operations support to the broader Bank including law enforcement, business continuity and resiliency.

As the Head of Strategy and Product Advancement, you will lead a growing team that partners with senior leadership to develop business and supporting technology product strategies, ensuring seamless collaboration with Bank stakeholders and technology partners in the delivery of value-added technology solutions to achieve business objectives. 

As a demonstrated people leader, you will bring an agile focus with demonstrated experience operating in complex organizations, facilitating strategic planning activities, and delivering well-supported solutions that advance business outcomes. Reporting to the Chief Operating Officer of O&R, the Head of Strategy and Product Advancement will serve as the designated Chief Product Owner for the Group and will build, lead, inspire and develop a diverse team of professionals.

• Build and successfully lead a new team to deliver business value through strategic vision, stakeholder partnership, and translation of business objectives into business and product capabilities.




• Influence and negotiate despite competing priorities across business areas and technology, clearly articulating options to define the resolution.

• Develop, drive, and monitor strategic planning activities for O&R that align with Bank processes and deliver business value, reporting on progress to various senior stakeholders.




• Define and communicate O&R technology product vision to various stakeholders and executive leaders




• Develop, own, and deliver on related technology product roadmaps for O&R that support business strategies. 




• Engage with leaders of technology squads and other service providers to ensure effective prioritization and delivery of technology solutions.




• Actively promote Agile behaviors within business areas and define training and other development needs to shift business mindset in support of the transition to the Bank’s Agile operating model




• Represent O&R in various Bank stakeholder forums

What we are looking for:

• Demonstrated experience leading and building high-performing teams, fostering an inclusive and collaborative workplace environment.




• High emotional intelligence with openness to feedback, a strong desire to learn and improve, and ability to develop trusted relationships through demonstration of understanding of other viewpoints.

• Experience with Agile methodologies and techniques to drive high-quality digital product delivery by leveraging product owner and technology squad skills.




• Strong stakeholder management skills with the ability to influence at all levels of the organization.




• Strong communication and facilitation skills, with the ability to articulate ideas clearly to technical and non-technical audiences at various governance/oversight groups




• Strong project management skills, including the ability to manage a portfolio of projects, monitor and report on progress, and escalate and effectively address challenges to ensure timely completion and high-quality deliverables.

Salary Range: $198 800 - $332280 / 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. 

 

Touchstone Behaviors set clear expectations for leading with impact at every stage of our careers and aspire to achieve in our continued growth and development.   
Communicate Authentically: Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank's work forward. 
Collaborate Inclusively: Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results. 
Drive Progress: Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and uncertainty to drive outcomes. 
Develop Others: Equitably champion, mentor, and develop others to grow professionally. Demonstrate vulnerability and empathy to create a trusted environment. 
Take Ownership: Establish an environment of action and excellence by holding self and others accountable to execute to the highest standard. 

 

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 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, or military service. 

Please note that the position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements.  

 

In addition, all candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana.

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.   

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.

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Salary:

$332,280.00

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