Company

Federal Reserve Bank of New York

Federal Reserve Bank of New York

Working 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.

What we do:

The Cash and Custody Function engages in critical operations on behalf of the Federal Reserve Bank of New York and the Federal Reserve System including the distribution of U.S. Dollar Currency to the Second District, Puerto Rico, U.S. Virgin islands & international customers, as well as Gold Safekeeping Operations.

Reporting directly to the Head of Cash & Custody, you will work collaboratively with other leaders and stakeholders across the Bank, Federal Reserve System & US Government agencies as a broad and influential thought leader.

Your role as Head of Cash & Custody Strategy & Stakeholder Engagement:

The Head of Cash & Custody Strategy and Stakeholder Engagement is a key partner to the Head of Cash & Custody – focused on strategic decision-making, strategic and financial planning, and strategy implementation in support of the function’s currency, coin and gold custody mission.

• Ensures strategic alignment across the Cash & Custody business lines.

• Facilitates stakeholder engagement for Cash & Custody and influences outcomes across the Function, FedCash Services, and the Federal Reserve System.

• Leads strategic planning and environmental assessments to “future cast” on behalf of the business.

• Maintains strong relationships with and represent national line of business to stakeholders at government agencies, financial institutions and/or industry/trade associations.

• Conducts robust analysis of data and priority setting supporting the business.

What we are looking for:

• Exceptional collaboration & influencing skills with the ability to gather support for business initiatives and strategies across multiple partners with diverse or different interests.

• Excellent change management skills, including advocating, anticipating, and orchestrating change.

• Creates a team culture that enables staff to achieve results in a changing environment.

• Emotional intelligence, including the ability to build trust in a variety of relationships through candor, reliability, and authenticity as well as the capacity to embrace and draw from diversity and inclusion to improve the quality of outcomes.

• Proven ability to coach, lead and develop others to achieve their professional best while building diverse teams and creating an inclusive culture.

• Ability to satisfy the Federal Reserve System's conflict of interest requirements.

Salary Range: $225700 - $300000 / 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. (https://www.newyorkfed.org/careers/touchstone-behaviors)  

Benefits:  

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 

• And more (https://www.newyorkfed.org/careers/benefits_health.html)  

   

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. (https://www.newyorkfed.org/aboutthefed/ethics-conflicts-of-interest)  

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

Regular

Job Exempt (Yes / No)

Yes

Job Category

Banking Services

Work Shift

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.

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.