Job Information
The Federal Reserve Bank of Philadelphia Senior/Enterprise Risk Management Manager in Philadelphia, Pennsylvania
Reference #: R-0000023373 CompanyFederal Reserve Bank of Philadelphia
The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.
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
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.
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.
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.
System Leadership Support Support the department and Bank by participating on System workgroups, committees, and project teams.
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.
Manages People Exercise usual authority of manager concerning staffing, terminations, training and development, performance appraisals, salary reviews, and leave.
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.
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 o 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 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 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 emp
