Data Management Specialist

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

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Data Science
New York, NY, USA
Posted on Tuesday, January 23, 2024


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 Data and Analytics Office (DAO) leads the effort to establish an enterprise-wide data and analytics culture and mindset across the Bank. DAO:

  • Establishes governance, policies and standards; operationalized through a central data management function.

  • Delivers advanced analytics techniques and solutions that are fit-for-purpose and can scale across the Bank.

  • Embeds analytics excellence across the organization though a federated “hub and spoke” operating model.

The Data Management Specialist role reports to the DAO Data Management Lead and works with associates across practices, technology designers, business area users and data managers, product managers, information architects in support of these objectives. This role supports managing Data assets, Data Product, Metadata, taxonomies, and ontologies of enterprise information assets.

Your role as Data Management Specialist:

  • Assist with implementation of Data Lifecycle Management for the enterprise

  • Support the Data Management Practice Lead in developing a framework to manage Data

  • Analyze and Translate business needs to design and implement solutions for Data Discovery and Data Management of Data Assets and Data Products. To enable this, develop strong collaborative partnerships with Data Architects, business area users and data managers, business process engineers, information technology, and outside data specialist consultancies.

  • Analyze information from data and content to develop taxonomies and ontologies that will support the Bank’s growing high performing advanced analytics needs.

  • Support development of a framework for Data Quality Management which includes data quality thresholds and rules, data quality assessment, data quality issues resolution, data monitoring and control

  • Create detailed requirements documents reflecting Data Management needs. Work closely with key SMEs to address requirements.

  • Support selection and implementation of Data Management technology and tools.

  • Help identify and track performance metrics, develop standard reports, and share progress with management.

What we are looking for:

  • Working knowledge of existing and emerging data management, metadata, taxonomy & ontology, standards, tools, and best practices

  • Strong coordination, project planning, implementation, and prioritization skills

  • Ability to manage expectations and balance demands while maintaining team priorities

Salary Range: $116500 - $200400 / 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.


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

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.

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 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.

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


Job Exempt (Yes / No)


Job Category


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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