Strategic Business Manager

Federal Reserve Bank Of AtlantaMinneapolis, MN
414d$110,400 - $138,019Onsite

About The Position

The Strategic Business Manager in the Program Assurance Function (PAF) at the Federal Reserve Bank of Minneapolis is responsible for managing vendor relationships and overseeing Independent Verification and Validation (IV&V) and consulting services. This role involves coordinating with various stakeholders to maximize the return on investment (ROI) from IV&V engagements and supporting strategic initiatives. The position requires strong communication and collaboration skills, as well as expertise in project management and agile methodologies.

Requirements

  • Bachelor's Degree and/or equivalent work experience, plus a minimum of 6 years of relevant work experience in Information Technology or a related field for Senior Level.
  • One (1) or more years of experience with IT vendor relationship management and performance reporting.
  • Proficient at managing multiple (3-4) business partner relationships and can be an effective Service Provider.
  • Experience with report creation, forecasting, modeling, and scenario development tools and techniques.
  • Bachelor's Degree and a minimum of nine (9) years of relevant work experience in Information Technology or a related field for Advanced Level.
  • Two (2) years' experience in a BRM or similar role for Advanced Level.
  • Three (3) or more years of experience with IT vendor relationship management and performance reporting for Advanced Level.
  • Excellence in managing multiple (5 or more) business partner relationships and recognized as a trusted advisor for Advanced Level.

Nice To Haves

  • BRMP certification is desired.
  • Understanding of business case development, business domain analysis, IT governance formulation, new technology evaluation, and IT risk management.
  • Working knowledge of risk/return analysis and IT standards and policies formulation.

Responsibilities

  • Manage the PAF IV&V and Consulting Services, including the independent verification and validation framework and associated resources.
  • Manage vendor relationships and the PAF vendor management program.
  • Serve as a liaison to the National Procurement Office (NPO) to support vendor management framework best practices related to IV&V and consulting.
  • Provide direction to leaders and staff regarding the implementation and application of frameworks, standards and best practices to ensure objectives are met while longer-term Bank, department, and customer goals are achieved.
  • Manage large-scale initiatives to develop frameworks and standards, involving multiple stakeholders, cross-functional and/or System teams.
  • Define and implement strategies to enable awareness and adoption of frameworks, standards, best practices, and tooling.
  • Effectively communicate and collaborate across all levels of System resources, gaining buy-in and adoption of frameworks, standards, best-practices and renewable capabilities.
  • Work collaboratively in a team environment, contributes to technology vision, ensure customer needs are met, promote a positive work environment, and effectively manage through transitions and change.
  • Contribute to team goals and objectives that effectively advance the goals and objectives of the department, Bank, and FRS.
  • Assist with setting a vision for the future, including developing plans to meet or achieve business needs consistent with System IT Principles.
  • Maintain a high level of knowledge of technical, operational, and policy issues relating to the industry and provides a high level of application and/or operational expertise.
  • Translate policy decisions from System IT governance bodies into solutions and operational changes, coordinating work assignments and implementation.

Benefits

  • Comprehensive healthcare options (Medical, Dental, and Vision)
  • 401(k) match, and a fully funded pension plan
  • Paid time off and holidays
  • Free public transportation passes
  • Annual educational assistance
  • On-site fitness facility
  • Professional development programs, training and conferences

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What This Job Offers

Job Type

Part-time

Career Level

Senior

Industry

Monetary Authorities-Central Bank

Education Level

Bachelor's degree

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