Company

Federal Reserve Bank of MinneapolisThe Federal Reserve Bank of Minneapolis (Bank) is looking for an Assistant Vice President (AVP) for the Supervision, Regulation, and Credit (SRC) Division.

In this role, reporting to a vice president, you’ll be responsible for overseeing a business line with three teams – Statistics, Support Services, and embedded Business Technology Services. Each team has a manager with a collective total of 30 staff. In addition to general management responsibilities over the three teams, you’ll serve as the central administrator for 215 SRC staff.

To be successful is this role, you’ll need a proven ability to think and act strategically while interacting with a diverse group of executives, managers, and professionals. You must meet critical deadlines, manage ambiguity, work across business units, and deal with difficult situations as routine. The ability to conduct yourself in a manner that aligns with the Bank values of service, integrity, inclusion, initiative, accountability, and objectivity is paramount.

Responsibilities:

• Represent the Bank through leadership positions at the Federal Reserve System level, including contributing to key System functions and initiatives, and working effectively and collaboratively with senior System decision makers; consider actions within the System that are relevant to the Bank and the division, and work with division leaders and staff to develop plans accordingly.
• Manage the Division budget including processes related to salary administration, travel, and position management.
• Provide administrative leadership to a group of indirect reports who are dedicated to the operations team of the Stress Testing National Program.
• Serve as the primary point of contact for engagement with other Bank departments, e.g. HRI, Facilities, Audit, IT and Law Enforcement.
• Oversee the Division’s security (electronic and physical) by managing IT assets and access reviews.
• Manage Business Continuity activities for the Division.
• Oversee the Records function and ensure the Division complies with Bank and Board records policies.
• Identify opportunities for improvements and collaboration and create efficiencies across the Division.
• Ensure compliance with all applicable Division, Bank, and System policies, standards, procedures, and controls to ensure the highest level of public confidence and operational integrity. Maintain confidentiality in handling sensitive information.
• An essential function of this position is working onsite on Bank premises. The person in this role is required to work onsite on a full-time basis although ad hoc hybrid working days may be available.

Qualifications:

• Bachelor’s degree in related field, or an equivalent combination of education and experience. Graduate degree in related field preferred.
• Ten or more years of professional experience with a progression of increasing responsibility, with five or more years leading teams and managing people.
• Strong operational and financial experience.
• Strong experience in developing and maintaining relationships, preferably in a multi-organizational structure with the ability to exercise influential leadership.
• Demonstrated performance in implementing strategic plans and budgeting; strategic and critical thinker with the analytical skills necessary to evaluate, organize, and direct complex development projects and programs.
• Ability to motivate, develop, and lead a diverse team through collaboration and consensus to reinforce a culture of service and accountability.
• Excellent communication skills (written and oral), as well as effective presentation and persuasion capabilities.
• Excellent problem-solving skills and judgment when deciding which issues to resolve directly and which require escalation.
• Resourceful, flexible, and open to new ways of thinking.
• This 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 not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

• Comprehensive healthcare options (Medical, Dental, and Vision)
• 401(k) match, and a fully-funded pension plan
• Paid time off and holidays
• Free public transportation passes
• Annual educational assistance
• On-site fitness facility
• Professional development programs, training and conferences
• And more…

The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued. We believe that we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists, we work together to represent you in our economy.

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.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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