Assistant Vice President -- Treasury Services Compliance

Federal Reserve System•Minneapolis, MN

2d•$158,500 - $286,550•Onsite

About The Position

As the nation’s central bank, one of the Federal Reserve’s responsibilities is to provide services to the U.S Department of the Treasury (Treasury). In our work as fiscal agent for the Treasury, we support their mission for financial integrity and operational efficiency in the federal government through exceptional accounting, financing, collections, payments, and shared services. As the assistant vice president for the Bank’s largest division – Treasury Services – you’ll provide leadership for the division’s central division support unit focused on compliance and risk programming reporting to the Vice President/Business Line Leader, Chief Operating Officer. Your primary duties will include compliance, risk management, vendor management, business support, customer account balancing, organizational change management (OCM) and communications, records management, and a variety of leadership activities. You will also partner with System colleagues at the Treasury Relations Support Office (TRSO), the Bureau of Fiscal Service (BFS), staff at the Board of Governors, internal Audit, and Enterprise Risk Management (ERM) staff. This position requires regular on-site presence.

Requirements

Bachelor’s degree in business administration, management information systems, communications and/or program/project management.
10 years of progressively more responsible work experience to include a minimum of five years supervising/managing people.
Strong risk and compliance background with additional experience in program or project management inclusive of organizational change management, financial management, and vendor management.
Experience working in a matrix organization with all levels of staff from senior leaders to direct reports.
Demonstrated ability to support multiple objectives and projects and identify interdependencies within the organization.
Ability to work with others to balance risk analysis, strategic planning, execution and closure with key stakeholders and team members.
Proven communication skills (written, oral and presentation).
Strategic, critical thinking and judgment skills.
Excellent interpersonal and leadership skills.
Ability to identify key strategic issues affecting areas of responsibility and demonstrate an understanding of their implications.
Must be a U.S. citizen.

Nice To Haves

Master's degree is preferred.
Change management experience preferred.

Responsibilities

All facets of compliance and risk programming to ensure compliance with laws and regulations.
Oversee compliance, risk management, vendor management, business continuity, business support, customer account balancing/production support and systems team (PSST), organizational change management and communications, records management, and other leadership activities as an officer of the division, and the bank.
Provide managerial support to the business unit’s director, and direct reporting staff responsible for risk management, vendor management, and organizational change management and communications.
Review and ensure the smooth coordination of communications for the division including monthly status reporting to the TRSO, and quarterly reporting of the Division’s strategic objectives.
Collaborate with Treasury, BFS, TRSO, ERM, HR, Legal, Information Security, and other partners to route risk and compliance issues for appropriate review and resolution.
Ensure risk events are reported timely and in accordance with policy.
Facilitate training and guide implementation of compliant policies, standards, and procedures.
Deliver reports to senior management, Treasury, and TRSO on compliance issues and program progress.
Lead or participate in District and System work groups to develop, evaluate, and report on compliance and risk initiatives.
Ensure compliance with all applicable policies, standards, service and quality measures, procedures, and controls to ensure the highest level of public confidence and operational integrity.
Maintain confidentiality and handle sensitive information.