The job description below reflects the higher level of a dual grade job posting. Candidates who possess a slightly lower level of experience, education, or qualifications may also be considered.

You will Direct the activities of the risk management, business continuity, strategy, and project management functions. Participate as a full member of Bank and System work teams. Develop and implement risk management tools, works with departments in performing risk assessments, works with project managers and with operations management on projects and analyses of importance to the Bank. You will report to the Vice President of Strategy, Risk, and Business Continuity.

What You Will Do:

Essential Accountabilities

1. ERM Operations

You will coordinate, oversee, and perform tasks essential to the Bank's Enterprise Risk Management (ERM) function, including reporting to the Bank's Risk Management Council, and managing the Committee of Sponsoring Organizations Coordinator group responsible for internal controls over financial reporting.

You may support System ERM leadership activities and the co-chairs of the System Enterprise Risk Management Committee in the discharge of their responsibilities.

Substitute for the ERM department officer at Bank and System meetings.

2. Business Continuity Operations

Manage the Bank's business continuity program ensuring compliance with Federal Reserve System guidelines and administer the crisis management of the Bank based on its unique circumstances.

3. Strategic Objectives

Coordinate the Bank's strategic planning activities, contribute to the development of the Bank's strategic goals and helps align departmental objectives with the Bank's goals.

Be a leader in high priority initiatives.

4. System Leadership Support

Support the department and Bank by participating on System workgroups, committees, and project teams.

5. Partner Engagement

Address complex customer issues and complaints, ensure all matters are addressed, and recommend an appropriate course of action for most complex issues. Build relationships with important internal customers to create awareness and understanding of policy compliance requirements including justifying business expenses and to better understand their needs.

6. Manages People

Exercise usual authority of manager concerning staffing, terminations, training and development, performance appraisals, salary reviews, and leave.

7. Professional Development

Improve business acumen, partnerships and relationships, and contribution to our culture at all levels; maintain awareness of the Bank's key strategies, risks, and other issues.

Maintain accountability for meeting your professional and personal goals. Keep up on and contribute to developments in your field.

8. Perform Ad Hoc Analysis and Projects

Coordinate, oversee, and perform ad hoc analyses essential to the Bank for cost containment, new business lines, risk management, and Bank operations.

You will be involved in the accomplishment of departmental and Bank-wide quality initiatives.

You will oversee, ERM Specialists, Analysts and Associates

This job description reflects the higher level of a dual grade job posting. Candidates who possess a slightly lower level of experience, education, or qualifications may also be considered.

What You Have:

* Bachelor's degree in business or public policy related disciplines or equivalent work experience.

* Supervisory or management experience required.

* Minimum 10 years relevant experience

Knowledge:

* Excellent PC skills, using Bank's standard business software.

* Oral and written communication skills.

* Interpersonal, analytical, and problem-solving skills.

* Leadership and organization skills.

* Knowledge of the Bank's budget process and Planning and Control System (PACS).

* Understanding of risk management and business continuity concepts and project management disciplines.

The salary grade for this position is: grade 16/17.

We offer a great benefits package that features:

• Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
• 401k/Thrift Plan with generous employer match
• Employer-funded Pension Plan
• Paid Vacation/Sick Time & Holidays
• Monthly $100 Commuter Allowance
• Flexible Spending Accounts and Healthcare Spending Accounts
• Flexible Work Schedule available in most departments
• Life Insurance and Long Term Disability Insurance
• Tuition Reimbursement (undergraduate and graduate)
• Parental Leave
• Free onsite 24/7 Fitness Center including training classes, Peloton bikes and locker room / shower facilities
• Onsite Cafeteria & Coffee Shop
• Additional Convenience Benefits, Discounts and More...

Additional Information:

• The Federal Reserve Bank of Philadelphia believes that diversity, equity and inclusion among our employees is essential to our success as an organization, and we want to recruit, develop and retain the most accomplished people from a diverse candidate pool. To support a workplace culture of belonging, we offer eight employee resource groups (ERGs) and a 100 percent rating on the Human Rights Campaign (HRC) Corporate Equality Index. The Federal Reserve Bank of Philadelphia is proud to be an equal opportunity workplace.
• We have eight employee resource groups (ERGs) to support a diverse workforce. Abilities (supporting disabilities and allies), African Heritage, Asian-Pacific, Freedom (supporting LQBTQ+ and allies), Talent Forward (supporting career growth), Women United, Working Families and Veterans. ERGs are open to all employees.
• We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process, to perform essential job responsibilities, and to receive other benefits and privileges of employment.
• All Federal Reserve Bank of Philadelphia employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the Recruiter for this posting, who can provide you contact information for our ethics officer if necessary. You should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
• Background investigations and drug testing are required for all new hires as a condition of employment, after the job offer is made. Candidates for positions deemed as "safety sensitive" will also be screened for the presence of marijuana. Employment may not begin until the Bank accepts the results of the background investigation.
• All employees will be subject to FBI fingerprint / criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
• 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 permanent residents must sign a declaration of intent to become a U.S. citizen when eligible to do so and pursue a path to citizenship. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a permanent resident and a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo an applicable background check and comply with all applicable information handling rules.
• The above statements are intended to describe the general nature, level of work and the requirements of this position. They are not intended to be an exhaustive list of all responsibilities associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
• This is not a 100% remote opportunity. You will be available to work on-site in at least a hybrid capacity.
• Learn more about the Philly Fed and its culture. Learn more about working for the Philly Fed.

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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