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Minimum Education
Bachelor's degree or equivalent experience
Minimum Experience
9
Summary
Manages the daily operations of one or more supervisory programs and sections. Provides leadership in the development of the section and staff. Schedules workload, establishes priorities, assigns projects, sets quality standards, and monitors progress. Leads, motivates, and coaches staff. Fosters teamwork. Ensures that current section programs meet the Board's and division's business goals and recommends new programs. Identifies the needs and risks of the division and/or Board as they relate to the section(s). Directs research and analysis of significant issues relevant to the section(s). Serves as a member of the division's management team. Coordinates, reviews, and recommends to senior management operational changes and personnel actions. Responsible for communicating section policies and procedures, and seeks advice from senior management when developing new policies and procedures. Embodies a strong customer service philosophy.
Duties And Responsibilities
- Manages Operations: Manages the daily operations of one or more programs and sections. Provides overall direction for thinking strategically, work methods and procedures, policy development, accountability, and management controls. Embodies a strong customer service philosophy and ensures this focus is delivered by section(s) to clients in support of their objectives.
- Manages and Develops Section Staff: Provides leadership in the development of the section and staff. Schedules workload, establishes priorities, assigns projects, sets quality standards, and monitors progress. Sets short- and long-range goals and objectives, and ensures the effective and efficient use of resources to meet those goals and quality standards. Evaluates performance of subordinate supervisors, if applicable, and serves as the reviewing manager on staff performance evaluations. Coordinates, reviews, and recommends to senior management operational changes and personnel actions (hiring, salary administration, position reallocation).
- Leads, Motivates, and Coaches: Leads, motivates, and coaches staff. Assigns staff progressively challenging projects, and communicates to staff how projects fit into the big picture. Demonstrates sensitivity to individuals, team, and organizational relationships. Fosters teamwork.
- Develops, Implements, and Evaluates Programs: Ensures that current section programs meet the Board’s and division’s business goals. Establishes appropriate metrics for measuring outcomes against business goals. Recommends new programs and modifications in program scope and design based on a comprehensive evaluation of options to ensure that plans incorporate sound cost-containment principles, ensure Board/regulatory compliance, and are reflective of current and future organizational needs and goals. Communicates program changes effectively. Coordinates current and new programs with other division programs as much as possible; strives for increased division integration.
- Identifies and Manages Needs and Risks: In conjunction with senior management, identifies the needs and risks of the division and/or Board as they relate to the section(s). Sets goals and objectives and identifies projects and activities that meet these needs or mitigate these risks. Directs research and analysis of significant issues relevant to the section(s).
- Strategic Planning: Serves as a member of the division’s management team, helping to identify future goals and objectives for the section, branch, and division. Actively participates in the division’s strategic planning process. Works closely with senior management and other colleagues to develop strategic direction and vision for the future initiatives of the division and/or Board, and then champions those initiatives. Leads or participates in multi-disciplined tasks forces and work groups formed to address needs and issues relevant to the section(s).
- Develops and Communicates Policies: Responsible for communicating section policies and procedures, and seeks advice from senior management when developing new policies and procedures. Has technical authority on problems or issues that may require policy changes or procedural exceptions.
- Expert in Field: Provides expertise in planning and policy interpretation. Maintains current knowledge of, and anticipates significant developments in the field to ensure that the Board’s programs are comparable/competitive, cost-effective, and compliant.
- Represents Board/division: Represents the Board and/or division at conferences and meetings with other Government agencies, private sector organizations, and the Federal Reserve Banks on section matters. If appropriate, provides consulting services to Federal Reserve Banks and System-wide and inter-agency task forces and committees on an ad-hoc basis.
- Manages Budget, Reviews Contractor Work: Formulates and manages the section’s operating and capital budgets. Provides justification for each program’s activities, staffing levels, and operational enhancements. Reviews budget tracking information to ensure attainment of program goals and objectives. Coordinates work with outside contractors. Writes, or otherwise delegates, and reviews specifications for major contractual job requirements. Monitors and reviews contractual work, and certifies satisfactory job accomplishment.
- Work with other sections and individuals across the Division, the Board, or the System -- or in certain instances on an interagency or international basis -- as necessary to coordinate activities, develop/implement policies or procedures, and other collaborative efforts.
About The Role
This section maintains information collections that provide Federal Reserve staff with the data needed to conduct prudent policy making, effective supervision, and risk mitigation. This is achieved by (1) Striving for consensus and taking the time to understand divergent views; and (2) Creating environments that foster open communication and ongoing collaboration. The team remain abreast of all new rules and regulations and their potential impact on reporting requirements.
Key Responsibilities Include
- Strategic Oversight: Managing the Paperwork Reduction Act (PRA) portfolio to ensure compliance with regulatory timelines while minimizing burden on reporting institutions
- Cross-Functional Collaboration: Partnering with policy teams, supervision staff, legal counsel, and external stakeholders to balance data needs with reporting burden
- Process Management: Overseeing the regulatory reporting pipeline, including emergency extensions, guidance development, and information collection reviews
- Leadership & Development: Building team capacity through mentorship, professional development, and clear communication of priorities and expectations
- Innovation & Improvement: Identifying opportunities to streamline processes, eliminate redundant collections, and leverage technology to enhance data quality and efficiency
The ideal candidate will demonstrate strong analytical skills, excellent judgment in navigating competing priorities, and the ability to build consensus among diverse stakeholders while maintaining the integrity of critical supervisory data collection efforts.
FR-29: Bachelor’s degree or equivalent acquired through extensive work-related experience and a
minimum of nine years of related experience Required Skills/Experience
- Demonstrated expertise or experience with regulatory reporting
- Capability to reliably and consistently execute day-to-day operations to manage teams, programs, projects, and/or processes; demonstrated by at least one full cycle of direct experience managing people, significant projects or programs, or providing feedback through informal reporting lines
- Demonstrated excellent interpersonal and collaboration skills with the ability to build strong relationships across all levels of the organization and interagency
- Experience with supervisory examinations is preferred.
- Effective communication and leadership skills to manage competing priorities and provide timely updates to leadership.
Notes
- This position requires an on-site presence in Washington, DC.
- The expected salary range for this role is $146,400 - $221,100. Final offers are determined by experience and education, as well as internal and external factors.
Job Type
Regular
Job Exempt
Yes
Relocation Provided:
Yes
Compensation Grade(s)
FR PAY GRADE 29
Pay
$146,400 - 295,800
Rehabilitation Act
The Board complies with the Rehabilitation Act of 1973, as amended, and provides job applicants with disabilities reasonable accommodations to assist them in applying for jobs at the Board. If you have a disability and would like to request an accommodation in order to apply for a job at the Board, please call 202-452-3880 or e-mail
[email protected].
Equal Opportunity Employer
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services.
Privacy
You may review the Federal Reserve Board's Privacy Act Notice at https://www.federalreserve.gov/careers/files/fr1273.pdf.
Paperwork Reduction Act
OMB No. 7100-0181
Approval Expires October 31, 2029
Public reporting burden for this collection of information is estimated to average 0.26-0.71 hours per response, including the time to gather and maintain data in the required form and to review instructions and complete the information collection. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden to: Secretary, Board of Governors of the Federal Reserve System, Washington, DC 20551; and to the Office of Management and Budget, Paperwork Reduction Project (7100–0181), Washington, DC 20503. The Federal Reserve may not conduct or sponsor, and an organization (or a person) is not required to respond to a collection of information unless it displays a currently valid OMB control number.
