Head of Real Estate Controls & Analytics

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

Data Science
New York, NY, USA
Posted on Tuesday, July 2, 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 Corporate Real Estate Function is responsible for coordinating, integrating and administering a range of diverse real estate functions to support the safety and resiliency of the Bank’s operations. The Bank’s real estate portfolio is approximately 1.6 million square feet consisting of three owned assets two of which are 24 x 7 mission critical facilities. Areas of responsibility include planning, managing, repairing and maintaining the Bank's facilities, infrastructure and grounds to ensure the safety and security of the Bank's employees, customers, visitors, tenants and property.

Corporate Real Estate established the Project Controls operation to augment the Project Management team in performing their responsibilities more efficiently and address budget, schedule and operational risks proactively. Project Controls is also responsible for tracking key project management metrics to drive the strategic and capital planning operations; as well as providing dashboard reports to the CRE clients and senior management as well as managing the Lifecycle Asset Management process. Moreover, Real Estate Controls & Analytics is responsible for CRE’s facility condition assessment and indexing as well as management of the CRE Compliance manual, risk tracking and reporting, etc.

Your role as Head of Real Estate Controls & Analytics:

The Head of Real Estate Controls & Analytics is a crucial member of the Real Estate (RE) team who collaborates closely with project managers. The primary goal is to ensure that projects remain on track, within budget, and are delivered on time.

  • Lead Real Estate Controls, which includes the full Project Management lifecycle of all projects from initiation to schedule, budget, and tracking of change orders and requests for adjustment; closes out with lessons learned including the array of RE controls, metrics, etc.

  • Maintain RE control database that informs strategic planning, ongoing budgeting of future work, and overall reporting abilities. Assist with the development of capital and operating expense budgets.

  • Oversee RE's compliance and risk management programs; identify potential risks and mitigation strategies

  • Provide evaluation of properties and the development of strategic plans for property assets, including property expense control, and leads efforts when appropriate.

  • Assist with the coordination and management of strategic projects.

  • Provide proactive client relationship management; delivers solutions that resonate and align client needs and mission of the FRBNY.

  • Mentor and develop staff, offering coaching and guidance to junior team members.

What we are looking for:

  • Experience managing and leading large-scale projects, with a preference for expertise with capital programs, corporate real estate, property and lease management, etc.

  • Strong leadership skills across people management and complex problem management, collaboration, influencing, decision making, judgement and project execution.

  • Experience building and managing diverse teams with a proven track record of collaboration and influence across complex organizations.

  • Engineering background helpful but not required.

Application Deadline: Friday, July 19th 2024

Applicants are kindly requested to include a letter of interest along with their application.

Salary Range: $205000 - $290000/ 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

  • Executive Benefits

  • And more

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.

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.

Full Time / Part Time

Full time

Regular / Temporary


Job Exempt (Yes / No)


Job Category

Real Estate

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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