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Federal Reserve Bank of New YorkWorking 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 Federal Reserve Bank of New York’s Corporate Group is led by the Chief Financial Officer (CFO) for the Bank. The Group delivers a broad range of innovative, impactful solutions that foster the Bank's ability to meet its mission including Finance, Procurement, Accounting, Real Estate, and Enterprise Services professionals. The Corporate Group is aligned across its functions to provide superior services and value-added resource and financial management that seamlessly support the Bank's objectives.
Your role as the Corporate GroupChief Operating Officer:
If you are an experienced, strategic, and innovative operational leader who is passionate about customer-service and has an inclusive leadership style, we invite you to apply for the Corporate Group’s Chief Operating Officer (COO) position! In this role you will report directly to the Bank’s CFO and Head of the Corporate Group and bring in a visionary mindset and collaborative approach to the Group’s executive team. You will also be a key partner in setting the mission, vision, and strategic direction for the Corporate Group in close coordination with the Group’s senior leadership team.
As the Group’s COO, you will lead a team of 50+ in the Group Support & Enterprise Services (GS&ES) Function that is responsible for delivering innovative, high-quality services to clients across the Bank. The GS&ES team is responsible for Business Support & Operations, Risk Management, Business Technology & Data Management, as well as Enterprise Services, which includes Event Management, Food Services, Travel Services, Printing and Postal Services.
You will also have an enterprise mindset and model and set expectations with respect to collaborating proactively with colleagues, relying heavily on the expertise and leadership of others to achieve shared accountability for desired outcomes.
- Develop and direct a comprehensive strategic plan for the Corporate Group’s management of talent and resources, risk management, and program and change management while ensuring alignment with the Bank's strategic priorities to Simplify, Innovate & Lead.
- Drive an innovative and customer-centric approach ensuring exceptional service to the Bank.
- Lead the management of the Group’s expenses to achieve all financial targets, identifying and strategic opportunities and cost-saving initiatives aligned with the Bank’s and Federal Reserve System’s strategic priorities.
- Ensure effective oversight of a well-designed and well-documented risk-assessment and compliance program in support of initiatives.
- Develop and maintain strong relationships with stakeholders and partners while ensuring an enterprise mindset is applied to decision-making.
- Model inclusive behaviors and maintain a culture of trust within and beyond the team of direct, clear, and authentic communication.
What we are looking for:
- Broad people leadership skills directing multiple areas of responsibility in an executive leadership role.
- Strong background in operations management and customer-service with the ability to translate vision into actionable plans.
- Demonstrated experience building and developing high-performing teams with diversity of perspective and thought.
- Exceptional and authentic communication skills with the ability to articulate complex ideas clearly and concisely.
- Proven ability to coach, lead and develop others to achieve their professional best while building diverse teams and creating an inclusive culture.
- Exceptional collaboration & influencing skills with the ability to gather support for business initiatives and strategies across multiple partners with diverse or different interests.
Salary Range: $325000 - $385000 / year
We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiencescandidates 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.
Candidates must undergo an enhanced background check and will be tested for all controlled substances prohibited by federal law, to include marijuana.
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.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providingequal 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.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
Regular / Temporary
RegularJob Exempt (Yes / No)
YesJob Category
Banking StrategyWork 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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