Vice President/Group Vice President - Chief Finance And Risk Officer

Company
Federal Reserve Bank of Kansas City
The Vice President/Group Vice President acts as the Bank's Chief Finance and Risk Officer responsible for ensuring the integrity of the Bank's accounting, financial reporting, and procurement processes; as well as evaluating and mitigating risks for the organization. This role serves as a strategic advisor to Management Committee and a key liaison to System workgroups and the Board of Governors.
This leader reports to the Senior Vice President and Chief Human Resources Officer.
Primary Objectives:

• Provides leadership for, and engages in, the attraction, development and retention of high caliber team. Fosters a work culture that promotes a high performing, inclusive and team-oriented environment.
• Accountable for the Bank's internal financial controls, COSO process, preparation of accurate and timely comparative financial statements, and procurement programs .
• Oversees the District's budget, provides strategic leadership to the team to align financials with strategies and collaborates with the President, First Vice President & COO, and other senior management. Actively engages in System efforts to communicate effectively and influence the big picture, while maintaining strong financial stewardship.
• Responsible for the application of and compliance with related financial and Risk reporting policies (including COSO testing), maintaining the Bank's Statement of Risk Appetite, and general oversight of the central policy repository.
• Leads the Bank's enterprise risk management activities to apply a disciplined approach to identifying, evaluating, and effectively managing key business risks.
• Cultivates strong working partnerships with Human Resources, Legal, Audit, and other internal stakeholder across the District and System. Serves as a critical member of the core Insider Risk Team and leader of the Advisory Risk Council.
• Champions a diverse, equitable and inclusive work environment that encourages continuous improvement and growth, understanding the important role that these efforts play in achieving business objectives. Drives strategic thought leadership within the Finance and Risk teams and influences System processes and outcomes.

Secondary Objectives:

• Actively contributes to the Bank's leadership initiatives including strategic planning, goals and objectives setting, policy development, DEI and cultural initiatives, and organizational level workforce development, mentorship, and succession.
• Effectively manages the business line's financial resources according to budget and policy guidelines. Assesses business needs in conjunction with resource limitations, ensuring resources are allocated strategically and correctly to meet demands.
• Effectively collaborates with internal and external stakeholders, building relationships of trust and mutual respect.

Qualifications

• Possesses strong leadership abilities and excels in the Bank's core values (Integrity, Service and Personal Growth and Development) and leadership competencies (Model the Way, Challenge the Process, Enable Others to Act, Encourage the Heart, and Inspire a Shared Vision).
• Demonstrated commitment to diversity and inclusion.
• Excellent verbal and written communications skills. Ability to communicate effectively across a wide group of people and audiences. Effective in initiating conversations and communications necessary to resolve issues.
• Excellent presentation and persuasion capabilities, and exceptional management presence that elicits confidence and credibility.
• Excellent relationship management skills. Substantial experience working collaboratively across internal and external organizations to build relationships and influence key constituents, including senior executives.
• Bachelor's degree in business or related field required. At least seven years of managerial experience required. Twelve years preferred.
• Willingness to obtain job specific credentials/certifications is strongly preferred.

Certain eligibility requirements apply.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Executive
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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