Hybrid Associate Director, Central Bank and International Account Services

at Federal Reserve Board

• Job title: Associate Director, Central Bank and International Account Services
• Job type: Full Time
• Experience level: Senior
• Salary: $225,000 - $325,000 per year
• Degree requirement: No Education Requirement
• Tech skills: Swift
• Location requirements: Hybrid, New York City, United States

About the role

• Lead the SRG team managing operational risk systems supporting international accounts. Oversee reporting, governance, and compliance initiatives within the Federal Reserve Bank.

Responsibilities

• Lead people and processes that encompass maintenance of operational systems and tools supporting ARM responsibilities
• Ensure robust reporting and management of screening systems’ rule performance and effectiveness
• Responsible for transaction monitoring and screening systems documentation, maintenance, upgrades, and testing
• Engage with Bank partners to ensure effective maintenance and delivery around these systems responsibilities
• Identify, escalate and communicate technical issues emerging from ARM interdiction and anomaly detection systems to ARM leadership
• Develop and present reporting to Bank stakeholders on core risk management updates and metrics
• Oversee other first line risk management governance and administrative responsibilities including training on financial crime compliance topics
• Provide oversight, feedback and guidance to Systems, Risk & Governance team members

Requirements

• Demonstrated experience in leading staff, complex projects, and operations to achieve business needs and organization goals
• A proven history of effective leadership with ability to nurture and create an inclusive environment
• Experience with or knowledge of compliance with sanctions restrictions from the US Treasury’s Office of Foreign Sanctions Control (OFAC)
• Experience leading data teams responsible for creating and maintaining data analytic products with a focus on risk management
• Excellent ability to create standard and ad hoc reporting including risk-based metrics
• Exceptional communication and presentation skills
• Experience with real-time financial crime compliance systems
• Knowledge of SWIFT and/or Fedwire a plus
• Flexibility to travel between New York City and Richmond, VA sites
• U.S. Citizenship required

Benefits

• Educational assistance, career development tools, and stretch opportunities
• Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and more
• Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center
• Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation program