Company

Federal Reserve Bank of Kansas City

Federal Reserve Financial Services (FRFS) delivers a suite of payments services to financial institutions via FedLine® Solutions, Fedwire® Funds and Securities, the National Settlement Service (NSS), FedCash®1, FedACH®, Check Services, and the FedNow® Service. FRFS operates as a fully integrated organization with groups dedicated to operations, technology, product and industry engagement, enterprise services, and one focused on the ongoing growth and development of the FedNow instant payment service. Our strategy defines our future direction, seeking to offer a fully integrated product suite that provides speed, resilience, and choice in meeting the payments needs of financial institutions across the United States. Through our Enterprise structure, we strive to meet the needs of the marketplace for new products and services with speed and agility, seek to provide a robust and unified customer experience, and work to create career growth opportunities for FRFS staff.

We seek leaders to set the vision, strategy, values, and priorities that enable FRFS to achieve its mission. Our leaders must demonstrate a strategic, action-oriented mindset focused on intellectual curiosity, agility, accountability, and the ability to drive innovation through experimentation. To achieve our vision for a people-focused organization with a strong collaborative and innovative culture, we expect our leaders to champion an inclusive environment and demonstrate our values in how we work and interact with each other and our broader community.

With limited oversight, plans and leads projects that are typically high profile and have highly visible objectives where the project’s success or failure will create significant risks for the Federal Reserve System (FRS). Directly or indirectly leads the activities of large cross-functional matrixed project teams. Demonstrates mastery of project management principles and is relied upon to provide thought leadership on project management approaches. Applies expertise to significantly influence direction and objectives. Utilizes knowledge of latest trends related to information technology and project management to identify and apply qualitative and quantitative best practices and tools for project execution and management.

Key Activities :

• Helps define project governance and oversight to control the achievement of the project’s vision and to establish accountability and ownership for tracking and delivering intended benefits. Aligns individual project plans and strategies to the larger program vision to achieve macro-level benefits and results. Identifies cross-project dependencies and develops project risk mitigation strategies.

• Ensures adherence to Enterprise Project Management standards and applies Performance and Benefits Management processes to the project lifecycle.

• Demonstrates strong initiative and leadership skills with ability to lead the activities of project managers, large cross-functional/matrixed project teams, which may include leading team members virtually, and/or from multiple entities. Utilizes a macro-level view of multiple applications and understanding of project details to apply strong decision-making skills.

• Manges projects by outlining project requirements in terms of resources, equipment, time, and costs. Responsible for development of business requirements and overall project plans. Monitors the progress of projects. Communicates project progress, findings, output, and deployment plans to senior leadership and constituents.

• Leads (directly and indirectly) interrelated project teams in execution of projects. Confers with and advises team participants on policies and procedures, priorities, and methods. Consults with personnel in other business areas to coordinate activities. Responsible for administrative functions in managing the team and project milestone deliverables.

• Applies strong critical thinking skills to understand the big picture for projects, including dependencies within the project, systems, and processes, as well as downstream impacts of changes. Demonstrates mastery in detecting and mitigating risks, as well as implementing appropriate risk mitigation strategies. Effectively uses big picture viewpoint to identify and negotiate adjustments to allocation of work across different projects, releases and/or phases, and remove barriers.

• Ensures new products and upgrades comply and conform to the latest industry rules and regulations and Federal Reserve policy and procedures. Remains current on emerging payments issues through Federal Reserve and other industry research, seminars, and workshops. Supports efforts to educate the industry and/or Reserve Bank regarding various financial services topics and initiatives.

• Chairs or provides leadership to System work groups and staff throughout the System to foster communication, influence decisions, and collaborate on best practices. Includes coordinating the internal and external resources for the planning, development, and implementation of new services or enhancements to existing services.

• Actively contributes to the continuous improvement of processes, procedures, and tools supporting project management.

Requirements :

• Requires Bachelor’s degree specializing in computer science, project management, business administration, or information technology from an accredited college or university, or equivalent combination of directly related education and/or experience.

• Typically requires a minimum of 8 years of project management experience with proven ability to effectively deliver program results and benefits and influence/guide executive level management on strategic and tactical objectives.

• Project Management Professional (PMP) & Scaled Agile and/or other related certifications preferred.

• Senior understanding (Senior PM) to advanced (Advanced PM) of subject. Has in-depth and/or breadth of knowledge in payments/financial services industry.

• Has strong verbal and written communication skills with strong organizational and time management.

Additional Information

Locations:

• Hybrid, on-site requirement will be determined by hiring district

• The selected candidate will reside within a reasonable commuting distance of the employing Reserve Bank and will work full-time onsite or in a hybrid arrangement that meets the minimum number of onsite days required by the employing District. Reasonable commuting distance to a Reserve Bank's main office is defined according to the District’s policies and practices.

• Eligible districts for Hire:Boston, MA- New York, NY- Philadelphia, PA- Cleveland, OH- Richmond, VA- Atlanta, GA- Chicago, IL- St. Louis, MO- Minneapolis, MN- Kansas City, MO- Dallas, TX- San Francisco, CA

Screening:

In some cases, positions require access to confidential supervisory information, access to which is limited to "Protected Individuals" as defined by regulation of the Board of Governors of the Federal Reserve System, 12 CFR 268.205. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and lawful permanent resident aliens (also known as "green card holders") who are eligible for and seeking United States citizenship within the requisite timeframes.

Sponsorship:

Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

• Total Rewards & Benefits (https://www.kansascityfed.org/careers/benefits/)

• About Us - Diversity, Equity & Inclusion

• Who We Are (https://www.kansascityfed.org/careers/who-we-are/)

• What We Do

Follow us on LinkedIn (https://www.linkedin.com/company/kansascityfed/mycompany/) , Instagram, X (formerly Twitter) (https://twitter.com/KansasCityFed) , and YouTube (https://www.youtube.com/kansascityfed)

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Project Management Family

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.

Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)

OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

Why Our People Choose Us:

Our reputation precedes us

There will always be room for personal growth

Our people are first

You’ll find the right balance

Your responsibilities will be meaningful

We hope that you will be our future colleague.

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.