Senior Vice President, Central Bank Services Business Information Security Officer (BISO)

Federal Reserve Bank of Philadelphia•Richmond, VA

10d•$276,200 - $380,000•Onsite

About The Position

The Central Bank Services Business Information Security Officer (BISO) is responsible for information security across the Federal Reserve System’s Central Bank Services portfolio, which supports Markets, Credit Risk Management (CRM), and Reserves mission-critical functions. These capabilities enable monetary policy implementation and markets operations, enterprise credit risk management, and reserves and liquidity services, and are foundational to financial stability and the safe, efficient functioning of U.S. financial markets and the financial system. The BISO reports directly to the System Chief Information Security Officer (CISO), with a matrix reporting relationship to the Central Bank Services Chief Information Officer (CIO). The role works closely with Central Bank Services business leaders, including the Head of Markets at the Federal Reserve Bank of New York, the Reserves Function Director, and the CRM Support Office Director, as well as System stakeholders and delivery partners. The position is a member of the OCISO leadership team and advises the System CISO on strengthening consistent, effective, business-aligned information security practices. The successful candidate will set and execute the security strategy for Central Bank Services, provide practical and proactive security advice to business and technology leadership, and help ensure secure, resilient, and reliable services. The role calls for an experienced, visible leader who can guide change, build teams and stakeholder relationships, manage risk and competing priorities, and translate security and resilience strategy into measurable business results. The selected candidate will work full-time onsite at a Reserve Bank location within reasonable commuting distance, with New York, Chicago, Boston, and Dallas preferred. Business travel may be up to 25%. U.S. citizenship is required. Employment offers are contingent on completing a two-phase security screening; employees in this position are also subject to recurring FBI fingerprint/criminal background and Patriot Act/OFAC watch-list checks at least once every five years.

Requirements

Bachelor’s degree in business, technology, information security, or a related field, or equivalent work experience.
At least 10 years of progressive experience in technology, information security, and people leadership.
Experience partnering with product and engineering teams on secure SDLC and CI/CD.
Deep technical expertise in securing complex solutions using modern approaches, complemented by awareness of emerging IT industry trends.
Demonstrated strategic direction-setting capability and ability to deliver on established goals.
Strong leadership, execution, and accountability, including the ability to manage change in highly matrixed and virtual teams.
Ability to collaborate with peers to develop security and technical resilience strategy aligned with business needs and System standards, translate the vision into actionable plans, and deliver results.
Track record of building strong teams and developing talent.
Ability to assess risk, establish risk tolerance, and balance business priorities against potential material loss.
Strong change-management skills, including advocating for, anticipating, and orchestrating change.
Strong business acumen and ability to lead visibly and independently, constructively challenge leadership, and guide change.
Intellectual curiosity and agility, with the ability to experiment and lead innovation.
Collaborative leadership style balanced with decisive action when required.
Ability to build and integrate teams across organizational cultures and develop and maintain relationships with diverse constituents.
Ability to manage competing priorities, diverse perspectives, and ambiguity.
Strong understanding of Central Bank Services’ mission, vision, and operational requirements and their implications for security design, management, and operations.
Strong communication skills and ability to explain complex technical topics to a wide range of stakeholders.
Demonstrated ability to manage geographically diverse and dispersed teams.
Exceptional collaboration and stakeholder-management skills, including supporting effective decision-making and prioritization.
U.S. citizenship.
Ability to work full-time onsite at a Reserve Bank location within reasonable commuting distance.
Availability for business travel up to 25%.
Successful completion of required security screening, including a physical examination and drug screening, reference checks, credit and criminal history checks, and any additional risk-based screening applicable to the position.

Nice To Haves

Certified Information Systems Security Professional (CISSP) or comparable certification.

Responsibilities

Serve as a member of the OCISO leadership team and advise the System CISO on improving the consistency and effectiveness of business-aligned information security practices.
Contribute to the vision, strategy, values, and priorities supporting the Central Bank Services portfolio’s mission.
Partner with stakeholders to develop, implement, and execute a comprehensive information security strategy for the Central Bank Services portfolio, with a focus on measurable and sustainable results.
Lead information security strategy and execution across Markets, Credit Risk Management, and Reserves.
Collaborate with Central Bank Services, OCISO, and System IT delivery partners to deliver secure, resilient, and reliable services that meet customer and industry needs.
Provide practical, proactive security advice on Central Bank Services technology solutions to business and technology leaders.
Build close relationships with key stakeholders and external partners, encourage contemporary approaches, and coordinate complementary actions while avoiding duplicative services.
Lead and develop an AI-savvy security team in an agile technology environment.
Assess risk and establish risk tolerance while balancing business needs and priorities against the risk of material loss.
Drive change and innovation, translate strategy and vision into actionable plans, and deliver business results.
Build and integrate teams across organizational cultures and manage geographically dispersed teams.
Support effective stakeholder decision-making and prioritization amid competing priorities, diverse perspectives, and ambiguity.