Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.

What we do:

The Markets Group at the Federal Reserve Bank of New York is responsible for the implementation of monetary and foreign exchange policy, providing payments and custody services to foreign central banks, and auctioning and issuing Treasury debt as the fiscal agent for the U.S. Treasury.

The Markets Group Project Management Office (PMO) is a function created for the specific purpose of supporting the Groups project/initiative development and management activities. The mission of the PMO is to develop, implement, and maintain a consistent approach to validating, prioritizing, and managing projects/initiatives that are strategically important for the Group and the overall US financial system.

In alignment with an organizational shift to a more agile and product-driven delivery framework, the Markets PMO is seeking a junior associate to provide project management, analytical, and administrative support to the Markets Groups business and technology product portfolio of initiatives. This is an opportunity to serve in a unique role that values project, program and portfolio management support experience with both traditional and agile competencies, while utilizing working knowledge of SharePoint, Tableau, and Confluence in a tool administrator capacity. To be successful in the position you need to have a demonstrated understanding of multiple project methodologies, their supporting artifacts, have the ability to effectively engage and communicate with various levels at the Bank both technical and business, drive the resolution of project issues/blockers, and to consolidate various data into a cohesive portfolio status report leveraging supporting analytical, reporting, and document repository tools.

Your role as Project Analyst / Manager:

This is not just a traditional project management role. The role also requires the ability to serve in an analytical and tool administrator capacity for the PMO, and to partner with various leadership levels to produce cohesive portfolio reporting.

Principal duties consist of:

• Project Portfolio Planning, Status Reporting and Performance Analysis:

  • Collect, generate, and compile project status reports into a cohesive portfolio reporting package.

  • Generate, analyze, and report on PMO project success metrics including analysis of KPIs, key themes and trends and preparation of charts, tables, graphs and other presentation materials to support this and other functional work.

  • Coordinate demand in-take and capacity planning, including capturing estimates and performing waterline analysis, including actively tracking and reporting of progress against the established strategic objectives.

• Project Management Support:

  • Proofread functionally specific materials for accuracy, including copy, grammar and layout, and make appropriate edits.

  • Provide support to senior project managers with administrative aspects of their projects, including developing, maintaining, and organizing project artifacts.

  • Drive priorities and manage schedules; prepare project manager for meetings and appointments; pre-review meeting materials for quality and take action on the project managers behalf when appropriate.

  • Independently manage all aspects of less complex projects, or phases of complex initiatives, that support department or functional initiatives to ensure that expected results are achieved within the specified scope, timeframe and budget, including related correspondence and vendor agreements.

• Tool & Process Administration:

  • Administer and utilize Markets PMO tools including SharePoint, Confluence, and Tableau including managing access and related processes, ascertaining data quality through periodic reviews with project managers, and coordinating applicable recertifications, audits and related document requests.

  • Proactively identify and implement processes to improve organization, communication, and workflows including document retention and tracking in compliance with the Banks document retention policy.

What we are looking for:

• Strong experience in a PMO analyst / administrator or project manager / coordinator role.

• Excellent analytical and organizational skills, with proven ability to prioritize and handle multiple competing assignments.

• Excellent track record of working independently and ability to apply critical thinking to analyze / solve problems and identify opportunities.

• Excellent written and verbal communication skills in developing and delivering tailored progress reports.

• Efficient, yet with a keen eye for detail, accuracy, and quality control.

• Strong experience working inclusively with different client workstyles across varying levels of leadership to convey complex concepts in a clear and concise manner.

• Proven knowledge of project / program management scheduling processes and tools (e.g. work breakdown structure, project plans, issue & risk management matrices, etc.), and developing and administering risk management plans.

• Demonstrated experience with methodologies in one or more of the following disciplines: project management, business analysis, change management, or process improvement (i.e. Project Management Book of Knowledge (PMBOK), Business Analysis Body of Knowledge (BABOK), Six Sigma).

• Demonstrated experience working in a fast-paced, high-volume, deadline-oriented environment.

• Demonstrated track record of working on projects where influencing and facilitating engagement with individuals not under your direct authority was critical for success.

• Proven ability to work in ambiguity and be flexible to anticipate needs and adjust to shifting priorities.

• Proficient in MS PowerPoint, SharePoint, Word, Excel, Project, Visio, with working knowledge in Tableau, Confluence, and Power BI.

Touchstone Behaviors set clear expectations for leading with impact at every stage of our careers and aspire to achieve in our continued growth and development.
Communicate Authentically: Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank's work forward.
Collaborate Inclusively: Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results.
Drive Progress: Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and uncertainty to drive outcomes.
Develop Others: Equitably champion, mentor, and develop others to grow professionally. Demonstrate vulnerability and empathy to create a trusted environment.
Take Ownership: Establish an environment of action and excellence by holding self and others accountable to execute to the highest standard.

Benefits:

Our organization offers benefits that are the best fit for you at every stage of your career:

• Fully paid Pension plan and 401k with Generous Match

• Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)

• Subsidized Public Transportation Program

• Tuition Assistance Program

• Onsite Fitness & Wellness Center

• And more

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

The successful candidate must be fully vaccinated against COVID-19, and receive a booster shot within 30 days of being eligible to do so, unless the Bank grants an exemption based on a medical condition or sincerely held religious belief.

Please note that the position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements.

In addition, all candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Project Management Family

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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